According to data from the Marco Island Area Association of Realtors MLS, the Marco Island real estate market experienced a 34% increase in inventory and a 2% increase in closed sales in August.

There were 429 properties in inventory with 64 closings for a total volume sold of $88 million.
In August, 25 single-family homes sold for a median price of $1.4 million and spent an average of 74 days on the market. Meanwhile, 31 condominiums sold for a median price of $615,000 and spent an average of 67 days on the market.

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