How's the Real Estate Market??

Marco Island, FL

Single-Family Homes

Astrid Hartleb | 239-558-1130 | https://affinityswfl.com



Marco Island, FL

Thu Sep 16 2021
This week the median list price for Marco Island, FL is $2,499,000 with the market action index hovering around 37. This is less than last month's market action index of 40. Inventory has decreased to 83. 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 Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Marco Island, FL

Thu Sep 16 2021
This week the median list price for Marco Island, FL is $2,499,000 with the market action index hovering around 37. This is less than last month's market action index of 40. Inventory has decreased to 83. 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 Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Marco Island market.
Median List Price $2,499,000
Median Price of New Listings $995,000
Per Square Foot $807
Average Days on Market 106
Median Days on Market 84
Price Decreased 17%
Price Increased 10%
Relisted 4%
Inventory 83
Median Rent $6,850
Market Action 37
Slight Seller's Advantage

Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$4,497,500 4,475 0.25 - 0.5 acre 4 4 7 1 1 108
$2,925,000 3,194 0.25 - 0.5 acre 4 3 2 1 1 98
$1,699,900 2,375 0.25 - 0.5 acre 3 3 27 1 2 42
$987,000 1,870 0.25 - 0.5 acre 3 2 32 5 2 84