February and March Market Updates

RESIDENTIAL: ACTIVE, ACTIVE CONTINGENT SHORT SALES, PENDING, SOLD.

As of April 13, there were 295 active residential listings, ranging from a manufactured home at $39,900 to a single family home on 22.34 acres at $1,750,000 (way over priced for off-water homes). There are 23 "pending" singles family homes, 3 manufactured homes, and 4 condos. There are 13 "active contingent short sales" (under contract but not yet approved by the lender) single family homes, and one residential income duplex.

In February, 17 single family homes "sold", 7 manufactured homes, one condo, and one residential income property.

In March, 13 single family homes "sold", 4 manufactured homes, one condo, and 3 residential income properties.

VACANT LAND: ACTIVE, ACTIVE CONTINGENT SHORT SALES, PENDING, SOLD.

As of April 13, there were 304 active vacant land properties on the market, ranging from a residential lot at $7,500 to a 74-acre, waterfront, fly-in subdivision for $2,250,000 (with a development order in place). There are 5 "pending" land sales and 9 active contingent short sales.

In February, there were 7 land sales.

In March, there were 9 land sales.

For more information about the Pine Island real estate market, contact Margaret Birdsong at 866-768-2895.