Sunday, May 10, 2009

First Quarter 2009 Real Estate Sales on Pine Island, Florida


Pine Island, Florida real estate sales starting picking up in January and have increased ever since. Here's a summary of what sold during the 1rst Quarter of 2009 on Pine Island:


16 Water Front Single Family Homes - Median Price $270,000.

13 Non Water Front Single Family Homes - Median Price $143,000.

11 Manufactured Homes - Median Price $100,000.00

9 Homesites or Vacant Land - Median Price $40,000.


I think real estate prices, especially for waterfront properties, have hit bottom on Pine Island. So far during the 2nd Quarter of 2009, these properties have sold:


8 Water Front Single Family Homes - Median Price $280,000.

3 Non Water Front Single Family Homes - Median Price $135,000.

11 Manufactured Homes - Median Price $125,000.

2 Condominiums - Median Price $195,250.

8 Homesites or Vacant Land - Median Price $19,000.


If you would like to learn more about real estate on Pine Island, Florida, contact me, Erika Foye, accredited buyers representative at erikafoye@embarqmail.com. or go to my real estate website, http://www.pineislandhomesandland.com/. If you'd like to receive my paper newsletter, Pine Island Times, just give me an email. Sincerely, Erika Foye