There were 244 MLS real estate closed transactions on Pine Island in 2008 with a total dollar volume of $44,893,849. in residential sales and $5,739,900. in land or lot sales. There were 177 residential sales and 64 lot or land sales. Here is a breakdown by real estate type, and by Pine Island Community:
Bokeelia (North End of Island)
36 inland homes sold - median sold price $170,500.
7 water front homes sold - median sold price $305,000.
6 water front lot sold - median sold price $167,500.
29 inland lots sold - median sold price $20,800.
10 water front condominiums sold - median sold price $275,000.
1 inland condominium sold for $83,400.
St. James City (South End of Island)
15 inland homes sold - median sold price $120,000.
30 waterfront homes sold - median sold price $337,000.
1 waterfront condominium sold for $217,500.
13 inland lots sold - median sold price $33,000.
10 waterfront lots sold - median sold price $226,000.
Matlacha
23 waterfront homes sold - median sold price $310,000.
Pine Island Wide
51 manufactured homes sold - median sold price $115,000.
3 duplexes or multi-family sold - median sold price $211,111.
Buyers of Pine Island, Florida real estate got some really good buys in 2008 and in 2009 prices are still very reasonable, selling at prices levels last seen in about 2003.
Besides tracking real estate sales trends and statistics, I enjoy the natural history of Pine Island and studying animal tracks. Here are some tracks of what I believe are a Florida Panther I took in rural northeast Bokeelia, not far from my house!