How's the Real Estate Market??

Marco Island, FL

Single-Family Homes

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



Marco Island, FL

Wed Jul 15 2020
This week the median list price for Marco Island, FL is $1,099,000 with the market action index hovering around 28. This is an increase over last month's market action index of 25. Inventory has held steady at or around 223. 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 Jul 15 2020
This week the median list price for Marco Island, FL is $1,099,000 with the market action index hovering around 28. This is an increase over last month's market action index of 25. Inventory has held steady at or around 223. 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 $1,099,000
Per Square Foot $439
Days on Market 260
Price Decreased 30%
Price Increased 4%
Relisted 15%
Inventory 223
Median Rent $3,825
Most Expensive $8,250,000
Least Expensive $95,000
Market Action 28
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
$3,299,000 4,677 0.25 - 0.5 acre 4 5 7 0 3 318
$1,499,000 2,918 0.25 - 0.5 acre 4 3 18 0 6 286
$899,250 2,312 0.25 - 0.5 acre 3 2 27 2 8 257
$599,500 1,821 0.25 - 0.5 acre 3 2 27 2 6 178