From January 1, 2011 through December 31, 2011 the following properties sold in the communities of Bokeelia, St. James City, and Matlacha on Pine Island, Florida:
 

93 Water front Single Family Homes sold, median price $240,000.

65 Off water Single Family Homes sold, median price $135,000.

8  Duplexes  sold, median price $95,313.

8 Condominiums sold, median price $202,500.

59 Manufactured homes, median price $85,000.

21 Water front home sites sold, median price $130,000.

46 Off Water home sites sold, median price $15,500.

3 Commercial Properties sold, median $205,000.

A total of 309 properties have sold through the MLS from January 1 - December 31, 2011, with a total volume of $49,055,785.  Of the 236 residential sales, about 10% were foreclosures and 13% were short sales.  (See short sale and foreclosure page for more detail.)

The most popular category of home to sell was a single family, water front canal home (40% of all 2011 residential sales).  The next most  popular type of Pine Island home to sell was an off-water single family home (28% of all 2011 residential sales).  The third most popular type of residential home to sell on Pine Island in 2011 was a manufactured home (25% of all 2011 residential sales.)

The most residential sales, 119, were in Saint James City, Florida, representing 50.4% of all residential sales.  Next was Bokeelia, with 88, or 37.2 % of all residential sales.  Matlacha, being our smallest community, had the fewest sales in 2011, with 29 sales, or 12.4% of all Pine Island, Florida residential sales.

To subscribe to my paper newsletter, Pine Island Times, which provides quarterly real estate sale statistics as well as lifestyle news, please email me at erikafoye@embarqmail.com.   Or you can search all the real estate listings in the Southwest Florida MLS at www.pineisland.listingbook.com.

For more information about available Pine Island real estate: homes, lots, acreage or condominiums, please email me, Erika Foye, Real Estate Broker, at erikafoye@embarqmail.com.

To see current real estate trends and news on Pine Island, go to www.pineislandtimes.blogspot.com.

      Scenes of a beautiful Pine Island Sunset!