Things might be moving at the familiar easy, breezy island pace we love this time of year, but there's still plenty worth catching up on. Collier County shoppers have a new grocery option to look forward to with Whole Foods heading to East Naples, while City Council put to rest any speculation about the future of the MIPD. Of course, we've also got the latest on the Marco Island real estate market and mortgage rates, a great read on protecting your real estate assets, and a roundup of local events to help you make the most of the season. Grab your iced coffee and dive in below 👇
MARCO ISLAND NEWS
Community speaks: City Council confirms it has no plans to defund MIPD: “Marco Island has no intention of closing and outsourcing the city's police department, City Council members said loud and clear this week.”
Amazon confirms new Whole Foods store in East Naples, off Davis Blvd: “It's official. Collier County is getting its second Whole Foods Market.”
City of Marco Island to Begin 2026 Manhole Lining Project: “The project is expected to continue through the end of September 2026 and will rehabilitate 30 existing sanitary sewer manholes located along West Elkcam Circle, Herb Savage Way, and the Veterans Park area.”
Call to Artists: City Seeks Artwork and Photography for City Hall Display: “The City of Marco Island regularly displays a rotating exhibit of local artists’ and photographers’ in City Hall located at 50 Bald Eagle Drive. To submit artwork to the City, art in-take will take place on Tuesday, August 25, 2026 between 9:30am – 11:00am at City Hall. The City will provide a contract for the artist to sign.”
📊 The Marco Island Market Summary
Months of Inventory: 5.63 (↓ 11.34%)
Sold to List Price Ratio: 94.3% (↓ 1.14%)
Days on Market: 65 (↓ 17.72%)
Median Sold Price: $1,010,000 (↑ 11.6%)
Single Family & Condos, Townhouses, and Apartments
Your Real Estate Reading List 📚
People managing rental properties, or even those who simply own property for their own personal use, often wonder if they should do more to protect their assets from litigation in the U.S.
Many also wonder about the best strategies to transfer their properties—including their vacation and primary homes— to their children and minimize taxes in the process.
The Fed doesn't directly control mortgage rates, which are instead set by lenders in the free market. But mortgage rates are sensitive to inflation and market expectations for future Fed policy, making monetary policy decisions key for homebuyers.
📉 Mortgage Rate Tracker
Mortgage Rates Average 6.58%
The 30-year fixed-rate mortgage averaged 6.58% this week. As market conditions continue to evolve, borrowers should remember that shopping around for a mortgage rate can make a meaningful difference, potentially saving them thousands over the loan’s lifetime.
The 30-year fixed-rate mortgage averaged 6.58% as of July 23, 2026, up from last week when it averaged 6.55%. A year ago at this time, the 30-year FRM averaged 6.74%.
The 15-year fixed-rate mortgage averaged 5.96%, up from last week when it averaged 5.93%. A year ago at this time, the 15-year FRM averaged 5.87%.
Interested in What Your Home is Worth?
If you’d like to understand your home's current value, are thinking about selling, refinancing, or simply want to know where you stand, I'm offering readers of the Marco Island Insider a complimentary, personalized Comparative Market Analysis (CMA) for your home on a first-come, first-served basis. You'll receive:
Your estimated home value range based on current market conditions and your home's unique features
Active listing comparison showing what's competing with your home right now and how yours stacks up
Recent neighborhood sales data including price per square foot, days on market, and final sale prices vs. asking prices
No obligation, just real data to help you make informed decisions about one of your most important investments!
Hope you’re enjoying your summer,
Edward Karas
REALTOR® | PSA | RSPS | C2EX
Premiere Plus Realty
(239) 388-7715 | [email protected]
