In 2007, there were a total of 224 real estate transactions listed by the Realtor Association of Greater Ft. Myers MLS system. Here are the statistics on those sales in Bokeelia, Matlacha and St. James City on Pine Island:
38 Inland Homes sold for a median price of $212,500.
33 Water Front Homes sold for a median price of $435,000.
2 Homes with at least 5 acres sold for an average of $680,000.
1 Golf Course Home Sold for $260,000.
11 Water Front Condominiums sold for a median price of $300,000.
5 Matlacha Water Front Homes sold for a median price of $334,000.
34 Water Front Manufactured Homes sold for a median price of $177,000.
21 Inland Manufacatured Homes sold for a median price of $95,000.
4 Duplexes Sold for a median price of $158,000.
149 Total Residences Sold in 2007
18 Water Front Lots Sold with a median price of $265,875.
52 Inland Lots Sold with a median price of $46,500.
2 Matlacha Waterfront Lots sold with a median price of $237,500.
72 Total Parcels of Vacant Land Sold in 2007
3 Commercial Businesses with Real Estate Sold for a Median Price of $850,000.
The Total Dollar Volume of Pine Island Real Estates Sales in 2007 was $32,492,300., down about 20% from the Dollar Volume of Sales in 2006. Now is a great time to buy, with more choices and better prices since about 2002! Hopefully sales will be as brisk in 2008 as the morning air today! Here is a photo of my mare Baby enjoying the fresh air!
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