Crunching the numbers on Pine Island, Florida real estate sales

Hello Readers, An analysis of Pine Island, Florida real estate sales shows sale prices are back to levels last seen in 2001.   Now is a great time to buy real estate on Pine Island.  Here is what has sold in the Pine Island communities of Bokeelia, St. James City and Matlacha from January 1, 2011 to June 1, 2011.

Bokeelia Sales
     7 Water front homes sold, median price $210,000.
   19 Non-water front homes sold, median price $119,000.
     1 Condominium sold for $212,000.
     5 Manufactured homes sold, median price $45,500.
     2 Water front home sites sold, median price $68,750.
   13 Non-water front home sites sold, median price $15,000.
St. James City Sales
    22 Water front homes sold, median price $249,500.
    10  Non-water front homes sold, median price $115,000.
    30  Manufactured homes sold, median price $84,450.
      5  Water front lots sold, median price $112,500.
      9  Non-water front home sites sold, median price $17,000.
Matlacha Sales
     11 Water front homes sold, median price $267,000.
       2  Water front lots sold, median price $137,500.

Island wide, 4 duplexes sold, median price $123,063.

A total dollar volume of $21,767,578. has sold on Pine Island so far, in 2011.

For more information about Pine Island, Florida real estate, go to http://www.pineislandhomesandland.com/. or http://www.pineisland.listingbook.com/ to search for active MLS listings.  To contact me, Erika Foye, Broker for All Island Realty, Inc., email erikafoye@embarqmail.com.