MARKET UPDATE

With the first quarter of 2022 ending, here are the stats for March. Our own Marco Island market is still very low on inventory. We have sold 53 homes in the month of March this year with a median sale price of $1.87M with average days on market 49.

We have sold 62 condos in March this year with a median sale price of $772K and average days on market 49.

March lots closed were 22 with median sale price of $793K and average days on market 127.

Total closed properties this month was 137 which is down 43% from March 2021. The median sell price was up 51% across the property types and average days on market was down 52%.