Latest Pine Island, Florida real estate sale statistics

Wow, I can't believe it has been 30 days since I posted on my Pine Island blog. . .for two reasons.  One I've been busy showing real estate, and two, the weather has been so beautiful that I've been out bike riding and horseback riding.   Real Estate sales have picked up this fall.   So far in 2010, more real estate has sold on Pine Island Florida than any year since 2005.   We are on track to have about 300 closed real estate transactions, through the MLS, this year.

Here has what has sold on Pine Island, in 2010, through November 15, 2010:

Bokeelia:  14 Waterfront Homes have sold, median price of $335,000.
                46 Off water Homes have sold, median price of $111,000.
St. James City:   36 Waterfront Homes have sold, median price of $295,050.
                          20 Off water Homes have sold, median price of $122,750.
Matlacha:  29 Waterfront Homes have sold, median price of $218,000.

Island wide, including the Pine Island communities of Bokeelia, St. James City, and Matlacha:

14 Condominiums have sold, median price of $190,250.
37 Manufactured homes have sold, median price of $105,000.
6   Duplexes have sold, median price of $97,950.
3   Commercial properties have sold, median price of $230,000.
16 Water front lots have sold, median price of $128,000.
28 Off water lots have sold, median price of $15,000.

It couldn't be a better time so buy real estate on Pine Island, since prices are back to where they were nearly a decade ago.  For more information about Pine Island and Pine Island real estate, contact me, Erika Foye, real estate broker for All Island Realty, Inc. at erikafoye@embarqmail.com.

(I recently listed for sale one of the only bayfront lots available on Pine Island.  This beautiful lot measures 92 X 139 X 98 X 169.  It overlooks San Carlos Bay, Ding Darling Wildlife Refuge and the intercoastal water way and santuary islands.  The list price is $589,000.)