Marco Island real estate market holds up well

While sales are down in other areas of Southwest Florida and median sales prices are stagnant, Marco Island is moving in the other direction in January. 36% more properties sold and an average price increase of 17% for single family homes is quite impressive. The rising number of objects and the longer average time, till properties are under contract, corresponds to the experiences from Naples, Fort Myers and Cape Coral.

Of the 24 residential properties that sold for over 5 million dollars in Southwest Florida in January, three of them were on Marco Island. Quite impressive for the small island!




 

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