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Michael Bates - Cape Marco - July 2019

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Selling & Buying at the Same Time?

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

Whether you are relocating for a job, downsizing, or need more space, planning to sell and buy simultaneously can be a little intimidating. Three tips to ease your mind and make sure you are set up for success! KNOW YOUR MARKET If you haven’t completed a home assessment recently, we can provide a full home analysis to see how your home compares in the Cape Marco market. Knowing these values will give you comfort in starting the search for your next home.

CHECK YOUR FINANCES Gather information on your current mortgage and potential equity and complete a pre-inspection to find out what repairs may need to be completed. Take a close look at your budget to ensure you’ll have the funds to cover the upfront costs of your future purchase.

HAVE A BACKUP PLAN We can work with all parties involved to negotiate a contingency plan or request an extended closing to make sure the timing of your sale and purchase connect seamlessly.

presented by Michael Bates

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

Susan Bates

REALTOR® SusanBates@remax.net

239.206.7586 www.CapeMarcoLiving.com

The Cape Marco Report The RE/MAX Collection Fine Homes & Luxury Properties

Presented by Michael and Susan Bates, Your Cape Marco Real Estate Specialists Our marketing is representative of the time, effort, and money you have spent in obtaining and maintaining your home. If you are looking to sell, let us help you achieve exceptional results. Call us today at 239.206.7586.

www.CapeMarcoLiving.com Your Monthly Real Estate Market Report | July 2019

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2019


2ND QUARTER

CAPE MARCO Michael & Susan Bates

Your Cape Marco Specialists

Michael Bates

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

Susan Bates

REALTOR® SusanBates@remax.net

239.206.7586 Connect with us on:

Search all available condos in Cape Marco at www.CapeMarcoLiving.com

REAL ESTATE REVIEW

23

CALL TODAY TO FIND OUT IF CURRENT YOUR HOME VALUE CHANGED LISTINGS IN THE 2ND QUARTER!

Cape Marco Market Report This market report was created especially for you. If you are thinking of making a move to your next dream home, contact us today at 239.206.7586 for a free market analysis of your home.

SOLD PRICE +20.3% from 2nd Quarter 2018

PRICE PER SQ. FT. +16.3% from 2nd Quarter 2018

LOW

$775,000

AVERAGE

There are Currently 23 Condos Available in Cape Marco

$1,539,643

For more information on any of these listings, call us today at 239.206.7586.

Professional Staging

$2,050,000

HIGH

Photography/Videography

There are Currently 3 Condos Pending in Cape Marco LOW

For more information on this listing, call us today at 239.206.7586.

$359

AVERAGE

$464

7

88

93.0%

TOTAL SALES

DAYS ON MARKET

AVERAGE SP/LP

4 More

29 Days Fewer

+3.2%

than 2nd Quarter 2018 than 2nd Quarter 2018 from 2nd Quarter 2018

Data based on listings from Marco Multi List, Inc. from March 31st to June 30th, 2018 and 2019. Information deemed accurate but not guaranteed.

Real Estate Website Listing Direct Mail Exposure

Cape Marco Condos Recently Sold

$541

HIGH

Status

Building

Address

Closed

Belize

Closed

OUR KEYS TO YOUR SUCCESSFUL SALE

Bedrooms

Baths

Est. Sq. Ft.*

List Price

Sold Price

Sell Date

970 Cape Marco Drive #607

3

3.1

4,300

$2,100,000

$1,950,000

04/29/19

Belize

970 Cape Marco Drive #1505

3

3.1

4,200

$1,895,000

$1,895,000

03/15/19

Closed

Belize

970 Cape Marco Drive #2003

3

3.0

3,300

$1,670,000

$1,545,000

03/29/19

Closed

Cozumel

960 Cape Marco Drive #1402

3

3.0

3,200

$1,875,000

$1,650,000

01/17/19

Closed

Cozumel

960 Cape Marco Drive #605

3

3.0

3,800

$1,485,000

$1,350,000

05/21/19

Closed

Monterrey

980 Cape Marco Drive #1004

3

2.1

2,500

$1,199,500

$1,100,000

02/22/19

Closed

Monterrey

980 Cape Marco #1004

3

2.1

2,500

$1,125,000

$1,052,500

06/26/19

Closed

Monterrey

980 Cape Marco Drive #408

3

3.0

2,800

$1,100,000

$992,500

02/25/19

Closed

Monterrey

990 Cape Marco Drive #602

3

2.0

1,800

$799,000

$775,000

04/01/19

Closed

Tampico

930 Cape Marco Drive #505

3

3.0

3,100

$1,699,000

$1,600,000

04/11/19

Closed

Veracruz

940 Cape Marco Drive #2203

4

3.1

4,400

$2,679,000

$2,500,000

02/12/19

Closed

Veracruz

940 Cape Marco Drive #1404

3

3.1

3,800

$2,249,000

$2,050,000

04/30/19

Closed

Veracruz

940 Cape Marco Drive #805

3

3.1

3,800

$2,195,000

$2,000,000

06/04/19

Michael & Susan Bates and RE/MAX Affinity Plus are not in any way affiliated with the Cape Marco Home Owners Association, nor is this in any way an official advertisement or publication of Cape Marco. © 2019 RE/MAX. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Marco Multi List, Inc. as of July 5th, 2019. Listings and sales may not be those of RE/MAX. Marco Multi List, Inc. does not guarantee the accuracy of this data, which may not reflect all of 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. *Estimated Square Feet rounded to nearest hundred.

Expertise of Cape Marco Optimized MLS Listing Marketing and Negotiation Specialists Network of Agents and Repeat Referrals

Call us at 239.206.7586 to start your journey to success!


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