Total real estate inventory on Marco Island increased 28% in September while closings decreased by 52% compared to September 2021, according to data from the Marco Island Area Association of Realtors. Total homes sold dropped 47% with a median price of $1.8 million with homes spending an average of 61 days on the market, an increase of 30% compared to September 2021. The median price for the 19 condominiums sold on the island last month was $595,000 with the condos spending an average of 57 days on the market.