Altos Market Data for Realtors

Marco Island, FL

Single-Family Homes

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Marco Island, FL

Wed Apr 24 2024
This week the median list price for Marco Island, FL is $2,150,000 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has decreased to 245. Click here to stay informed with the Marco Island market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Marco Island, FL

Wed Apr 24 2024
This week the median list price for Marco Island, FL is $2,150,000 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has decreased to 245. Click here to stay informed with the Marco Island market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Marco Island market.
Median List Price $2,150,000
Median Price of New Listings $1,300,000
Per Square Foot $918
Average Days on Market 129
Median Days on Market 70
Price Decreased 50%
Price Increased 2%
Relisted 4%
Inventory 245
Median Rent
Market Action 29
Slight Buyer's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$5,249,000 4,310 0.25 - 0.5 acre 4 5 10 2 6 70
$2,695,000 2,551 0.25 - 0.5 acre 3 3 23 2 4 77
$1,779,000 2,049 0.25 - 0.5 acre 3 2.5 31 3 8 77
$1,089,500 1,787 0.25 - 0.5 acre 3 2 37 10 6 59