Greetings on a beautiful, sunny and 70's New Year's Day from Pine Island, Florida. I am excited about beginning a New Year and am convinced that 2008 marked the turning of the lowest point in the Pine Island Real Estate Market since 2003. Total dollar volume for Pine Island Real Estate Sales in 2008 (for real estate sold through the multiple listing service) was $50,843,760. This represented 244 real estate transactions. The dollar volume was about 1 Million Dollars less than in 2007, but the number of real estate transactions increased by 20, so the number of sales on Pine Island was up nearly 10% for 2008 over 2007.
Look for a complete breakdown of all Pine Island Real Estate 2008 sale statistics this coming weekend. Meanwhile, here are some photo's I took at the Pine Island Airport "fly-in" this week.
All the best in 2009 to my readers, Sincerely, Erika Foye, Real Estate Broker, All Island Realty, Inc. (www.pineislandhomesandland.com)
