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Sunday, July 2, 2017

2017 Real Estate Sales on Pine Island

From January through June 2017 on Pine Island, there were 269 closed real estate transactions, with a total of $55,487,258. in sales.

Here is what has sold from January through June 2017 on Pine Island:

60 Waterfront Single Family Homes sold, with a median price of $385,000.
50 Off-water Single Family Homes sold, with a median price of $196,950.
8   Condominiums sold, with a median price of $222,000.
49 Manufactured homes sold, with a median price of $128,500.
3   Duplexes sold, with a median price of $165,000.
17 Water front lots sold, with a median price of $131,500.
68 Off water lots sold, with a median price of $20,750.

Single family home prices are up about 5.25% year over year.  Since the bottom of the recession in 2010, home prices have risen 46% on Pine Island, averaging a 6.57 percent appreciation rate over the past 7 years.

For more information about Pine Island real estate, contact me, Erika Foye, Realtor and Buyer's Broker, at erikafoye@embarqmail.com.  My company is All Island Realty, Inc.  My mailing address is PO Box 343, Pineland, Florida 33945.  Here are some beautiful sunrise photos I took this week in Pineland, and Bokeelia.


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