Stats through September 30, 2026 (9 months)
Total number of properties sold:
Homes in 2025 - 301
Homes in 2026 - 292 DOWN 3%
Condos in 2025 - 273
Condos in 2026 - 343 UP 26%
Lots in 2025 - 28
Lots in 2026 - 35 UP 25%
Total Sales Volume:
Homes in 2026 - 292 DOWN 3%
Condos in 2025 - 273
Condos in 2026 - 343 UP 26%
Lots in 2025 - 28
Lots in 2026 - 35 UP 25%
Total Sales Volume:
Homes in 2025 $600M
Homes in 2026 $595M DOWN 1%
Condos in 2025 $257M
Condos in 2026 $304M UP 18%
Lots in 2025 $43M
Lots in 2026 $42M DOWN 2%
Average Sale Price:
Homes in 2025 $2M
Homes in 2026 $2M EVEN
Condos in 2025 $941K
Condos in 2026 $886K DOWN 6%
Lots in 2025 $1.5M
Lots in 2026 $1.2M DOWN 20%
Inventory:
124 Single-Family homes
224 Condominiums
35 Single Family Vacant Lots
383 Total Homes, Condos, and Vacant Lots for sale.
Summary:
The inventory is probably as low as when the Calusa Indians were living up on the hill in The Estates section. There ain't much for sale, and properties are going under contract very quickly after they come on the market if they are priced correctly. It is a very interesting market right now, and despite the price of gas, no more Spirit Airlines, and the mid-term elections, the market is just chugging along. I can't emphasize enough how low this inventory is and urge anyone who is thinking of selling to list your property now. The busy season is fast approaching, and cold folks from up north need more options when they are here. In the meantime, to make ends meet, I am printing out campaign yard signs here on Marco. Currently, there are approximately 3.7 signs for every registered voter on Marco Island. This election will be won by sheer publicity and my quality signage.
Gerry's Fable:
A couple of months ago, I heard a comedian who joked about things you will never hear in your life, and one of them is that you’ll never hear a Jewish guy say, "It’s in the back of my pickup truck." I realized I’ve never owned a pickup, and I didn't know any other Jewish person who did either. (Well, my brother does, but we believe he was adopted anyway and probably isn't really Jewish.) Having always wanted to be a trailblazer, I now had my chance, so I went to the local Chevy dealer the next day to look at trucks. After walking around the lot, the "Up" salesperson came out and introduced himself as Reinaldo, and in a thick Spanish accent asked me how he could help. I said, "Well, Reinaldo, I am Jewish". Before I could say anything else, he then extended his hand and said: "Nice to meet jew, Mr. Jewish". I said, "No, my name isn't Jewish; I am Jewish". Reinaldo just stood there with his hand extended, so I shook it and said I was looking for a pickup. He then got a very confused look on his face and asked if I was sure, as "my kind" never buy pickups. He asked what kind of towing capacity I needed, what size bed I needed (apparently King is not the correct answer; he asked if I needed a crew, extended, or regular cab, and he asked if I wanted 2, 4, or all-wheel drive. He asked what kind of payload capacity I might need. Did I want a gas, diesel, electric, or hybrid engine. Did I want running boards, a bed cover, a bed liner, or a hitch, and if I wanted a hitch, what size ball did I need? Luckily, I speak Spanish fluently, so I was able to answer all the questions to the best of my ability. Two hours later, I left with a stripped Chevy Colorado, which is the training-wheel version of a pickup. And, you know I got a great deal.
Right after I bought it, my younger son Willy called to ask if I could help him move from Washington Heights to Queens. I grabbed an air mattress, hopped in the truck, and headed north.
On the way, I stopped in Gainesville to visit my other boy Andy. His mailbox was loose, so we were outside fixing it with a hammer and nails. Out of nowhere, his neighbor came out with his black pit bull wearing a UF (University of Florida) doggie T-shirt; the dog's name is Gayder, which is hillbilly for Gator. He started yelling at us for messing with the mailbox, thinking we were porch pirates or something. Anyway, he then turns to me and says, "Nice truck." Never have I been prouder. After I get Andy settled, I'm heading back up the road to NY to move Willy. I got the hammer down, and I'm pushing through, putting miles on the clock. I need to fuel up, so I pull into the Pilot truck stop. I go in, and I'm talking to some fellow truckers, and they ask what my CB handle (name is); all I could come up with was "Chevy". The boys loved it and said, "Is that your rig out there?" pointing to my Colorado. I said, "Sure is, she's got a straight 4-cylinder, and she's putting out about 300 horsepower". They all said, "Nice truck", and again, never was I prouder. I then explained that I gotta hit the road, and the other truckers then surprised me with a hat that said "Chevy" on it. I drove till midnight or so and then stopped to sleep. I blew up the air mattress and then realized that I had to put the tailgate down, as the back of the truck is only 5' and that I should have gotten the 6' model. At about 2:00 AM, it started raining, and I realized I should have gotten the bed cover. I then had to sleep inside the truck and realized I should have gotten the extended cab. Anyways, I rolled into New York, and the Dominican drug dealer that runs the street comes over with his white pit bull wearing a Yankees doggie T-shirt; the dog's name is Chanky, which is what Yankee sounds like when a Dominican pronounces it. After we loaded up the truck and were getting ready to run our haul to Queens, the drug dealer said in his thick Spanglish accent, "Nice truck." I said, "Thank you." he said, "jew welcome", and never was I prouder. I also know that 7.6 of my faithful readers are wondering about the hitch. I already knew from past experiences that getting hitched is a bad thing, so I passed on that.
So I know you're all thinking about what this has to do with real estate, and I will tell you it's all about terminology, communication, and knowing what you might want or need in the present or future. And that's where a good realtor like me comes in. I'm here to help you understand all about contract verbiage, seawalls and special assessments, condo associations versus homeowner associations, insurance requirements and hurricane readiness, and a million other things that I have learned in my 30 years of being a realtor that can help you make a more informed decision. Sure, I knew all about cars and had a bunch of them over the years, and I thought that knowledge would translate over to pickup trucks. Boy, was I wrong. And if Ronaldo and I could have actually understood each other, maybe he could have pointed me in a better direction. As my old business partner Bobby Camposano used to say, "Trust me!" I'm not trying to be the realtor that sells the most; I'm trying to be the realtor that helps the most. And I want you to be proud of your purchase.
Right after I bought it, my younger son Willy called to ask if I could help him move from Washington Heights to Queens. I grabbed an air mattress, hopped in the truck, and headed north.
On the way, I stopped in Gainesville to visit my other boy Andy. His mailbox was loose, so we were outside fixing it with a hammer and nails. Out of nowhere, his neighbor came out with his black pit bull wearing a UF (University of Florida) doggie T-shirt; the dog's name is Gayder, which is hillbilly for Gator. He started yelling at us for messing with the mailbox, thinking we were porch pirates or something. Anyway, he then turns to me and says, "Nice truck." Never have I been prouder. After I get Andy settled, I'm heading back up the road to NY to move Willy. I got the hammer down, and I'm pushing through, putting miles on the clock. I need to fuel up, so I pull into the Pilot truck stop. I go in, and I'm talking to some fellow truckers, and they ask what my CB handle (name is); all I could come up with was "Chevy". The boys loved it and said, "Is that your rig out there?" pointing to my Colorado. I said, "Sure is, she's got a straight 4-cylinder, and she's putting out about 300 horsepower". They all said, "Nice truck", and again, never was I prouder. I then explained that I gotta hit the road, and the other truckers then surprised me with a hat that said "Chevy" on it. I drove till midnight or so and then stopped to sleep. I blew up the air mattress and then realized that I had to put the tailgate down, as the back of the truck is only 5' and that I should have gotten the 6' model. At about 2:00 AM, it started raining, and I realized I should have gotten the bed cover. I then had to sleep inside the truck and realized I should have gotten the extended cab. Anyways, I rolled into New York, and the Dominican drug dealer that runs the street comes over with his white pit bull wearing a Yankees doggie T-shirt; the dog's name is Chanky, which is what Yankee sounds like when a Dominican pronounces it. After we loaded up the truck and were getting ready to run our haul to Queens, the drug dealer said in his thick Spanglish accent, "Nice truck." I said, "Thank you." he said, "jew welcome", and never was I prouder. I also know that 7.6 of my faithful readers are wondering about the hitch. I already knew from past experiences that getting hitched is a bad thing, so I passed on that.
So I know you're all thinking about what this has to do with real estate, and I will tell you it's all about terminology, communication, and knowing what you might want or need in the present or future. And that's where a good realtor like me comes in. I'm here to help you understand all about contract verbiage, seawalls and special assessments, condo associations versus homeowner associations, insurance requirements and hurricane readiness, and a million other things that I have learned in my 30 years of being a realtor that can help you make a more informed decision. Sure, I knew all about cars and had a bunch of them over the years, and I thought that knowledge would translate over to pickup trucks. Boy, was I wrong. And if Ronaldo and I could have actually understood each other, maybe he could have pointed me in a better direction. As my old business partner Bobby Camposano used to say, "Trust me!" I'm not trying to be the realtor that sells the most; I'm trying to be the realtor that helps the most. And I want you to be proud of your purchase.
The Highs and Lows for the month:
For homes, the highest sale was 490 Renard Court, which sold for $8.5M; this is the old Alan Jackson home. The seller then bought a new home for $7.5M. You know my old saying, "He's got a lot of problems, but money ain't one of them." The bargain home sold was 1485 Honeysuckle Ave, which went for $710,000
The high condo sale goes to Riviera 831 for $2.5M, in Hideaway Beach. The condo deal was Coquina Gardens, a 1-bedroom unit that went for $170,000, this was nice unit and proves Marco it doesn't take millions to live here.
Lot-wise, the high is 707 Waterside Drive, again in Hideaway, at $650,000. I should mention that on top of the price of any sale in Hideaway, you have to pay a one-time capital contribution fee of $125,000, annual social dues of about $25,000, and a few other things, so if you have the dough, it's the place to go. The bargain lot was 395 Bald Eagle Drive, which went for $300,000.
As always, I won't be out-thought or out-fought.
Gerry Rosenblum
Broker Associate
Berkshire Hathaway HomeServices Florida Realty
2024 #1 Berkshire Hathaway agent in the State of Florida
Realtors
2008 Realtor of The Year - Marco Island
