Back HomeMarco Island Inventory levels are Down 11% from this time last year. There are 1000 properties currently for sale on the island; 321 homes, 376 condos, and 303 lots. Condo inventory is down 7% from this time last year, while the inventory of homes is down 19% and lot inventory is down 7%. The number of Pending Home sales is up 5% compared to last year, Pending Condos are down 3% and the number of Pending Lots is down 6%. The total number of all pending units is down only 1% compared to last year with 171 properties now under contract vs. 173 on April 1, 2017. There were 100 closings of Marco Island properties in the last month and 116 net new pending sales accounting for the increase in total pending units from 155 last month to 171 currently. In summary, the pace of sales continue with lower inventory putting further pressure on supply.
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