Mon Jan 17 2022
This week the median list price for Marco Island, FL is $2,950,000 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has decreased to 63.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$2,950,000|
|Median Price of New Listings||$1,137,500|
|Per Square Foot||$939|
|Average Days on Market||131|
|Median Days on Market||98|
|Slight Seller's Advantage|
Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$5,285,900||4,443||0.25 - 0.5 acre||4||4.5||11||0||2||91|
|$3,495,000||3,360||0.25 - 0.5 acre||4||4||1||0||3||203|
|$2,449,000||2,773||0.25 - 0.5 acre||4||3.3||16||0||5||115|
|$1,174,500||1,871||8,000 - 10,000 sqft||3||2||34||2||5||63|