Your Local Market Report

Marco Island, FL 34145

Single-Family Homes

239-919-4447


Marco Island, FL 34145

Thu May 02 2024
This week the median list price for Marco Island, FL 34145 is $2,100,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has decreased to 248. 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 34145

Thu May 02 2024
This week the median list price for Marco Island, FL 34145 is $2,100,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has decreased to 248. 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 $2,100,000
Median Price of New Listings $1,275,000
Per Square Foot $886
Average Days on Market 133
Median Days on Market 77
Price Decreased 52%
Price Increased 2%
Relisted 5%
Inventory 248
Median Rent
Market Action 29
Slight Buyer's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$5,074,500 4,216 0.25 - 0.5 acre 4 5 11 2 4 77
$2,625,000 2,531 0.25 - 0.5 acre 3 3 25 1 0 94
$1,650,000 2,095 0.25 - 0.5 acre 3 2.5 30 4 3 77
$1,012,450 1,778 8,000 - 10,000 sqft 3 2 36 8 2 66