Residential sales were down in August to 10 total sales ranging from $38,000 for a manufactured home to $258,000 for a single family waterfront home. There are 10 "pending" sales, 20 "active contingent short sales", and 2 "active contingent sales". The residential inventory of "active listings" is down to 239 ranging from $47,000 for a manufactured home to $2,650,000 for a home on a private island off the southern end of Pine Island.
The number of vacant land sales for August were 4 ranging from $20,000 for an off-water lot to $185,000 for a single family waterfront lot. There are 4 "pending" sales, 1 "active contingent short sale", and no "active contingent sales". The land inventory is now at 276 - ranging from a small lot priced at $7,250 to $9,900,000 for a 74-acre waterfront subdivision know as Tranquility Bay on the east side of the Island.
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