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Michael Bates-Cape Marco-March 2020

Page 1

CAPE MARCO

Michael Bates

REALTOR®, CLHMS, MIS, RE/MAX Collection MichaelBates@remax.net

239.206.7586

EARLY SPRING 2020 REAL ESTATE MARKET REPORT

Susan Bates

REALTOR® SusanBates@remax.net

239.227.8839

www.CapeMarcoLiving.com 599 S. Collier Boulevard Suite 306 Marco Island, FL 34145 Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2020

YEAR-TO-DATE

CAPE MARCO REAL ESTATE REVIEW

32 SOLD PRICE -14.5% from YTD 2019

PRICE/ SQ. FT. +198.8% from YTD 2019

CURRENT LISTINGS

LOW

$765,000

AVERAGE

$1,335,000 $2,000,000

HIGH

LOW

$351

AVERAGE HIGH

$434 $528 PRESENTED BY

4

251

TOTAL HOMES SOLD

AVERAGE DAYS ON MARKET

91.3

%

MICHAEL & S U S A N B A TE S

AVERAGE SP/LP RATIO PREPARED ESPECIALLY FOR

Dear Future Friends and Neighbors, This statistical analysis was created especially for you. If you are thinking of selling, allow me to apply our Cape Marco knowledge, marketing strategy, and negotiating abilities to help you achieve real estate success. Call us today at 239.206.7586 or 239.227.8839. Data based on listings from Marco Multi List, Inc. MLS from January 1st to February 28th, 2019 and 2020. Information deemed accurate but not guaranteed.

FUTURE FRIENDS AND NEIGHBORS

www.CapeMarcoLiving.com


Dear Future Friends and Neighbors, Receive the most accurate assessment of your home's value, provided to you as a complimentary service by Michael & Susan Bates, your Cape Marco real estate specialists. You will not be contacted with any other solicitation.

Michael Bates

REALTOR®, CLHMS, MIS, RE/MAX Collection MichaelBates@remax.net

239.206.7586

Susan Bates

REALTOR® SusanBates@remax.net

239.227.8839 www.CapeMarcoLiving.com

VISIT WWW.CAPEMARCOLIVING.COM

If you want to know what your home would sell for in today’s market, contact us today at 239.206.7586 or 239.227.8839.

CURRENT CAPE MARCO ACTIVITY

CAPE MARCO REAL ESTATE MARKET REPORT

CAPE MARCO AT A GLANCE

32

$785,000$8,800,000

6

$789,000$2,400,000

CONDOS CURRENTLY LISTED

LIST PRICE RANGE FOR ACTIVE LISTINGS

CONDOS CURRENTLY PENDING

LIST PRICE RANGE FOR PENDING LISTINGS

CA P E M A R C O C O N DO S S O LD I N T HE LAS T 6 MO N T HS Status

Building

Address

Sold

Belize

Sold Sold

TAMPICO

Beds

Total Baths

Est. Sq. Ft.

List Price

Sold Price

Sold Date

970 Cape Marco Drive #404

3

3.1

3,580

$1,649,000

$1,550,000

01/13/20

Belize

970 Cape Marco Drive #1004

3

3.1

3,765

$1,730,000

$1,650,000

08/30/19

Merida

990 Cape Marco Drive #1103

3

2.0

1,798

$814,900

$765,000

02/12/20

Sold

Merida

990 Cape Marco Drive #803

2

2.0

1,686

$795,000

$777,000

08/30/19

Sold

Monterrey 980 Cape Marco Drive #1903

3

2.0

2,202

$1,050,000

$942,500

08/06/19

Sold

Monterrey 980 Cape Marco Drive #1106

2

2.0

2,202

$929,000

$875,000

09/25/19

Sold

Monterrey 980 Cape Marco Drive #1508

3

3.0

2,826

$1,140,000

$1,060,000

09/10/19

Sold

Tampico

930 Cape Marco Drive #904

3

3.0

2,924

$1,250,000

$1,025,000

02/21/20

Sold

Veracruz

940 Cape Marco Drive #2202

4

3.1

4,370

$2,398,000

$2,250,000

10/18/19

Sold

Veracruz

940 Cape Marco Drive #1604

3

3.1

3,790

$2,100,000

$2,000,000

02/27/20

Michael Bates, Susan Bates, and RE/MAX Affinity are not in any way affiliated with Cape Marco Home Owners Association, nor is this in any way an official advertisement or publication of Cape Marco. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Marco Multi List, Inc. MLS between August 28th, 2019 and February 28th, 2020. Listings and sales may not be those of RE/MAX Affinity. The Marco Multi List, Inc. MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.

Homes Recently Sold: 10

Average Days On Market (Solds): 214 © 2020 Google

4

SOLD

1

VERACRUZ

Average Active List Price: $2,209,781 Average Sold Price: $1,289,450

ACTIVE

ACTIVE

4

SOLD

2

COZUMEL ACTIVE

5

SOLD

0

MONTERREY BELIZE ACTIVE SOLD

12

ACTIVE

5

SOLD

3

2

This map is a visual representation of the data on the opposing page. The data and corresponding location pins are deemed to be accurate but not guaranteed. Some location pins may not be visible and/or updated with the latest location data.

Active

MERIDA ACTIVE

2

SOLD

2

Pending

Sold


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