Thursday, May 6, 2010

Entry Level Homes on Pine Island

The next five or six blog posts will summarize the types of homes available on Pine Island, including the communities of Bokeelia, St. James City, and Matlacha. Today I will discuss entry level homes. Entry level prices start from $59,000 to $125,000. for off water homes.  There are presently 16 off water homes for sale on Pine Island that are priced below $125,000., with a median price of $98,950.  In the past 3 months, 10 entry level homes have sold, with a median price of $99,650.  A lot of these are older homes that may need work, but most have potential.  Above left is a photo of a home for sale on Easy Street in Bokeelia.
Entry level pricing for water front homes on Pine Island is from $179,000-$250,000.  There are presently 10 waterfront homes for sale on Pine Island priced under $250,000, with a median asking price of $209,000.  Eleven waterfront homes priced below $250,000. on Pine Island have sold in the past 3 months, with a median sold price of $210,000.  Above right is a photo of a waterfront cottage for sale in Bokeelia, the asking price is $219,000.
Next post, I'll discuss the next range of housing prices on Pine Island.  For more information about buying a house, land or condominium on Pine Island, contact me, Erika Foye, Broker for All Island Realty, Inc. at erikafoye@embarqmail.com