Monthly Market Report for November 2016

Page 8

Bring Your Highest Expectations™

Island Snapshot Report Marco Island 12-Month Sold Comparison Report

SINGLE FAMILY HOMES Monthly Snapshot as of November 1, 2016

AVAILABLE INVENTORY

CLOSED PAST 12 MONTHS

MONTHS OF SUPPLY

AVERAGE CLOSED PRICE

Direct Waterfront

127

93

16.39

$1,525,394

Indirect Waterfront

100

141

8.51

$833,510

Golf Course

11

9

14.67

$473,333

Gulf Front

4

1

48.00

$5,350,000

Inland

66

96

8.25

$481,405

Preserve

12

4

36.00

$1,476,375

CONDOMINIUMS Monthly Snapshot as of November 1, 2016

AVAILABLE INVENTORY

CLOSED PAST 12 MONTHS

MONTHS OF SUPPLY

AVERAGE CLOSED PRICE

Direct Waterfront

84

101

Indirect Waterfront

19

25

9.12

$439,240

Golf Course

1

3

4.00

$695,667

Gulf Front

161

171

11.30

$821,068

Gulf View

25

36

8.33

$756,222

Inland

72

140

6.17

$235,127

Preserve

16

7

27.43

$420,143

9.98

$353,146

Definitions Direct Waterfront

Properties with Direct Water access indicates there are no bridges or the Marco Island High Span Bridge to navigate to open water.

Indirect Waterfront

Properties with Indirect Water access indicates there is at least 1 bridge, not including the Marco Island High Span Bridge to navigate prior to access to open water.

Golf Course

Properties with frontage on the Golf Course.

Gulf Front

Properties with direct views of the Gulf of Mexico and direct beachfront access.

Gulf View

Properties with direct views of the Gulf of Mexico with NO direct beachfront access.

Inland

Properties with inland similar housing views.

Preserve

Properties with views of a preserve or mangroves.

John R. Wood Properties, Bring Your Highest Expectations. “The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2016, and the proprietary compilation of that data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Southwest Florida MLS. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data.”

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