Marco Island Real Estate Insider: Latest Trends & Storm Season Prep

Kicking off summer with your real estate market update and helpful hurricane season essentials!

Welcome to the Marco Island Real Estate Insider!

I hope everyone had a great Memorial Day weekend. As we head into summer, Marco Island’s real estate market remains tilted in favor of buyers—but April brought a few noteworthy shifts that are worth watching.

Plus, with hurricane season getting underway, I’ve included local resources to help you stay informed and prepared!

Thanks, as always, for reading—glad to have you here.

Best regards,

Edward Karas
REALTOR®
Premiere Plus Realty
(239) 388-7715 | [email protected]

📊 Market Type: Buyer's Market

This month, we’re continuing to monitor Marco Island’s real estate trends as the market further cements its position in buyer-friendly territory. In our March edition, we noted some signs that competition might be brewing—homes selling closer to list price, and a general upward trend in median prices since late last year.

In April, we’re seeing some mixed signals: while it’s still very much a buyer’s market, the data suggests that both buyers and sellers should be paying close attention to the underlying shifts.

Key Metrics:

  • Months of Inventory: 11.62
    Up 1.04% month-over-month
    Inventory climbed slightly, continuing to give buyers more options and maintaining downward pressure on competition.

  • Sold to List Price Ratio: 93.1%
    Down 5.91% from March
    After a sharp jump last month, this metric has now corrected significantly. Homes are again selling for more of a discount, which may reflect a data anomaly, buyers pushing back, or even sellers adjusting expectations post-March. This is worth keeping an eye on.

  • Median Days on Market: 69
    No change from March
    The time it takes to sell remains consistent, indicating that while buyers are active, they’re still taking their time to make decisions.

  • Median Sold Price: $1,200,000
    Up 4.35% month-over-month
    Despite the softening sold-to-list ratio, the median sold price has ticked back up from March’s drop. This continues the longer-term trend we've tracked since September 2024, when the median sold price was just $850,000.

What This Means for You:

Home Buyers:
This is still your market. With higher inventory holding steady and homes selling further below list price than last month, negotiation leverage remains in your favor. However, the longer-term steady rise in median price, and recent uptick from March, signals that well-priced properties are still commanding strong values. Patience and preparation are key.

Home Sellers:
It’s critical to stay realistic. The drop in the sold-to-list ratio is a reminder that overpricing in this market can lead to missed opportunities. The current market rewards well-prepared, accurately priced listings—especially as buyers become more selective.

Investors:
We continue to see opportunity. With inventory still high and days on market stable, this remains a good window for securing properties below list price.

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🌀 Hurricane Season on Marco Island: Local Resources & Smart Prep

As hurricane season begins, the City of Marco Island offers a dedicated resource hub to help residents, visitors, and businesses stay prepared and informed. The site includes evacuation zone maps, debris guidelines, flood safety tips, shelter information, and even tips for boaters and business owners. It’s also a good time to confirm your shutters are working and to double-check your insurance documents. For a clear, local guide to preparing before a storm, visit:

Let’s Connect 🤝

The real estate market can be complex, but you don’t have to navigate it alone. Whether you're curious about your home's value, ready to make a move, or just have questions about the market, I'm here to help. I’d be happy to provide you with a complimentary market analysis or consultation—just reach out by phone or email. Let’s turn your real estate goals into reality!

Edward Karas
REALTOR®
Premiere Plus Realty
(239) 388-7715 | [email protected]

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