Marco Island Real Estate: Veracruz at Cape Marco Update

Sales are showing improvement for beachfront condominiums and, more specifically, for high-end condominiums in Cape Marco and Madeira. Consider the following year over year sales comparisons:

For beachfront condominiums - YTD 2011 the best sales report since 2006.
For Cape Marco and Madeira - YTD 2011 the best sales report in 5 years.

Note: YTD = Year-to-date

Year over Year Comparisons for the time period of 1/1 to 6/23.

Currently, there are 5 pending sales (under contract).

Veracruz 2201 - List Price $3,050,000
Belize 1908 - List Price $1,525,000
Madeira 706 - List Price $1,299,000
Belize 403 - List Price $1,180,000
Monterrey 1103 - List Price $745,000

As we approach the 4th of July holiday, we look forward to increased showing activity and more pending sales.

Contact the "Realtor Recommended by her Customers" for all of your real estate needs.

Natalie Kirstein, 2010 Platinum Sales Award - John R. Wood Realtors

Veracruz at Cape Marco Update - Closed Sales - 1/1/11 - 6/23/11

Apt No	Bed	Total Baths	List $	Sale $	Sell Dt
805	3	3.1	$1,400,000	$1,175,000	03/31/2011
1504	3	3.1	$1,549,000	$1,400,000	01/12/2011
2304	3	3.1	$1,575,000	$1,325,000	02/22/2011
1703	4	4	$1,949,000	$1,750,000	03/09/2011
1502	4	4	$1,995,000	$1,800,000	03/02/2011
501	4	4.1	$1,999,999	$1,700,000	03/14/2011
2102	4	4	$2,199,000	$1,885,000	02/18/2011
2303	4	4	$2,295,000	$2,000,000	01/28/2011