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Marco Island real estate continues to outperform the previous year's volumes and chip away at the current inventory. Speaking of inventory, the overall inventory was down nearly 15% from last year. To make matters more appealing, the overall pending sales are impressive with over a 91% increase over last year and 10% higher than the July 2011. Single Family Homes took a little break from its sales volume climb while lots and condos hit the gas peddle, with increases of 80% and 175% over August 2010, respectively. The total closed sales notched up at 61.5%.
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