Cape Marco is off to a good start
- Sunday, May 10, 2009With all the difficult financial and real estate news we have read and listened too, I would like to call your attention to a bright spot. Cape Marco is a private gated waterfront community of six different condo buildings on the southern tip of Marco Island Florida. Construction began in the early 1990's and was completed on the last building in 2005. Magnificant views of the Gulf of Mexico, privacy and excellent amenities are among the key attractions. Recent sales prices have ranged from $799,000 to $1,800,000.
The closed sales results for the period 1/1/09 to 4/30/09 were very encouraging. Compared to prior year same timeframe the number of transactions have increased 14%, total dollars sold were up 24%, the average sales price had increased 8% and the median sales price was up 20%. All very encouraging news. This information was compiled from the Marco Area MLS. Results are not guaranteed, as accurate results depend on timely and accurate data entry.