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Overall home inventory in Collier County, excluding Marco Island, increased 71% in August compared to August 2021, according to a market report from Naples Area Board of Realtors. In addition, pending and overall closed sales were down 19% and 37%, respectively, while new listings decreased 17%. The median closed price increased 31% from August 2021 to $575,000, with homes staying on the market for an average of 31 days. 

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