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The inventory of homes, lots and condos for sale on Marco Island totaled 927, down 11 percent from a year ago. A total of 101 properties sold in June, down five percent from June last year. Total dollar volume sold was $73.6 million, down two percent from June last year; 110 new listings came on the market in June, down 13 percent from last year.

Homes

There were 267 active home listings in June, down 21 percent from June 2017. Thirty-nine homes sold for $37.1 million compared to 44 and $40.6 million last June. Sales prices ranged from $416,000 to $2.6 million. Median price of a home sold on Marco Island in June was $840,000. Forty-five new listings came on the market in June compared to forty-four last year. List prices for a home on Marco Island range from $340,000 to $6.5 million.

Condos

Inventory for sale was 341 condos in June 2018, down eight percent from last year. Fifty-three condos sold for $31.7 million compared to 48 units and $21.3 million last June. Sales prices ranged from $111,000 to $3.3 million. Median price of a condo sold on Marco Island in June was $425,000. Forty-two new listings came on the market compared to 51 last year. List prices for a condo on the island range from $115,000 to $6.3 million.

Lots

There were 297 lots for sale on Marco Island in June 2018, compared to 305 last year. Eight lots sold for $3.8 million compared to 12 and $11.3 million last year. Sales prices ranged from $250,000 to $1.5 million. Median price of a lot sold on Marco Island in June was $364,000. Forty-two new listings came on the market compared to 51 last year. List prices for a lot range from $55,000 to $5 million.

More: The Real Estate Report: Home inventory down 22% from last year

More: The Real Estate Report: Inventory continues to decline

As usual there is a wide range of properties for sale on Marco Island. Check with a local realtor to help you find that just right property.

Gary Elliott is pPresident, Marco Island Area Association of Realtors. Call the Association at 239-394-5616 or visit www.marcorealtor.com. Data courtesy of Marco Island Area Association of Realtors Multiple Listing Service.

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