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The inventory of homes, lots and condos for sale on Marco Island totaled 976, down six percent from a year ago. A total of 112 properties sold in April, about the same as last year. Total dollar volume sold was $88.7 million, up 12 percent from last year. One-hundred fifty-three new listings came on the market in April, down three percent from a year ago.

There were 297 active home listings in April, down 20 percent from April 2017; 47 homes sold for $60.1 million compared to 44 and $40.7 million last April. Sales prices ranged from $300,000 to $7.23 million. Median price of a home sold on Marco Island in April was $799,000. Fifty-five new listings came on the market in April compared to 53 last year. List prices for a home on Marco Island range from $315,000 to $7.2 million.

Inventory for sale was 364 condos in April 2018, down 12 percent from last year; 55 condos sold for $22.9 million compared to 57 units and $32.7 million last April. Sales prices ranged from $105,000 to $1.35 million. Median price of a condo sold on Marco Island in April was $333,000. Seventy-nine new listings came on the market compared to 78 last year. List prices for a condo on the island range from $120,000 to $6.25 million.

There were 293 lots for sale on Marco Island in April 2018, down eight percent from last year; 10 lots sold for $5.7 million compared to 13 and $5.9 million last year. Sales prices ranged from $164,000 to $1.3 million. Median price of a lot sold on Marco Island in April was $517,000. Seventeen new listings came on the market compared to 24 last year. List prices for a lot range from $55,000 to $5 million.

As usual there is a wide range of properties for sale on Marco Island. Please check with a local Realtor to help you find that just right property.

More: The Real Estate Report: Inventory down 13 percent from 2017

More: The Real Estate Report: Home sales steady, inventory, condo and lot sales down

Written by Gary Elliott, President, Marco Island Area Association of Realtors. Call the Association at 239-394-5616 or visit www.marcorealtor.com. Data courtesy of Marco Island Area Association of Realtors Multiple Listing Service.

 

 

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