Marco Island Real Estate Report

Arctic front boosts our already HOT Real Estate Market! Low inventory continues to create multiple offer scenarios & bidding wars and builders struggle to keep up with the demand.

Total inventory for 2021 was down 65% from 2020. Average monthly inventory across all property types this year was 293 as compared to last year’s 825. The total number of closed sales was up 17% from 1434 to 1796. Total dollar volume was $1.8 billion, up 60% from 2020’s $1.1 billion.

Condos saw the largest increase in number of closings. 842 sold in 2021 as compared to 593 last year.

Homes saw the largest increase in median sell price at $1.25M this year as compared to last year's $840,777. Homes also won the largest increase in sales volume coming in at 66% higher than last year.

Average days on market across the board for all property types was down 52% from 2020 from 607 to 338.

Data courtesy of Marco Island Area Association of Realtors® Multiple Listing Service (MLS) for the period 2020 and 2021. For the purpose of this report, the following property types are measured: single family homes (RE1), condos (RE2), and lots. Decimals rounded to the nearest whole number.