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REAL ESTATE MARKET: Closed Sales Analysis
Based on your property search we found a total of 195 Marco Island homes have SOLD in the last 6 months
Average Sale Price: $1,008,664
Average SQFT of Homes Sold: 2,475 Sqft
Average Price Per SQFT: $407 / Sqft*

*Please Note: The average price per sqft does not reflect any land value adjustments
1100 Cara Ct 1100 Cara Ct Marco Island Florida
List Price: $939,000

MLS Number: 2182435
Property Type: Water Indirect Home
Island Location: Center Island South - Search Water Indirect Homes In This Area of the Island

Bedrooms:
Bathrooms:
AC Sqft:
Total Sqft:
Year Built:
Private Pool:
Spa:
Garage Space:
Special Info:
3
2
2,135 sqft
2,556 sqft
1993
Yes
No
2


  Den:
Half Baths:
Roof Type:
Furnished:
Rear Exposure:
Waterfront Available:
Dock Space:
Real Estate Taxes:
1
0
Tile
Unfurnished
North
80 Ft
No
$5826





Click on each image below to view larger photo

Closed Sales Comparables

The closed sales provided below, are not intended to represent a true market value for this home.
No market value adjustments have been made for properties that are renovated or updated or based on island location, lot size or views.

If you wish to discuss this property in more details, please give us a call.


Address Bed/Bath Sqft Pool Year Sale Price Sale Date Adj Value
1143 Lighthouse Ct 3 / 2 1950 Y 1991 $840000 2018-09-20 $860350
911 Moon Ct 4 / 3 2888 Y 1991 $840000 2018-08-31 $757170
266 Heathwood S Dr 3 / 2 2398 Y 1999 $886000 2018-08-17 $857070
939 Joy S Cir 4 / 3 2851 Y 1992 $1100000 2018-08-13 $1021240
1184 Whiteheart Ct 3 / 2 1964 Y 1989 $750000 2018-07-31 $763680
910 Moon Ct 3 / 2 2038 Y 1999 $910000 2018-07-12 $917760
1006 Admiralty Ct 3 / 2 2090 Y 1993 $800000 2018-07-05 $804950
28 Algonquin Ct 3 / 2 2021 Y 1998 $750000 2018-07-02 $762540
1050 Coronado Ct 3 / 3 2314 Y 1995 $825000 2018-06-27 $805310
264 Barfield N Dr 3 / 2 2520 Y 1999 $770000 2018-06-22 $727650
1123 Mulberry Ct 3 / 2 2200 Y 1996 $755000 2018-06-19 $747850
530 Century Dr 4 / 2 2136 Y 1995 $830000 2018-06-07 $829890
21 Hickory Ct 3 / 2 2100 Y 1997 $915000 2018-05-25 $918850
501 Shalimar St 3 / 2 2593 Y 1999 $765000 2018-05-18 $714620
601 Blackmore E Ct 4 / 3 2421 Y 1993 $965000 2018-05-17 $933540
268 Capistrano W Ct 3 / 2 1937 Y 1995 $785000 2018-05-17 $806780
1203 Whiteheart Ave 4 / 2 1929 Y 1996 $720000 2018-05-11 $742660
337 Capistrano Ct 3 / 2 2011 Y 1995 $985000 2018-05-10 $998640
1110 Twin Oak Ct 4 / 3 2625 Y 1996 $920000 2018-05-01 $866100
1555 Jamaica Ct 3 / 3 2642 Y 1989 $905000 2018-05-01 $864440
1121 Aztec Ct 3 / 2 2244 Y 1998 $780000 2018-04-30 $768010
680 Kendall Dr 3 / 2 2925 Y 1993 $1120000 2018-04-30 $1033100
451 Spinnaker Dr 3 / 2 2224 Y 1995 $908500 2018-04-27 $898710
1228 Lamplighter Ct 3 / 2 2305 Y 1990 $1000000 2018-04-23 $981300
*Estimated Market Value: $849,259
MLS IDX
Real Estate Listing is Courtesy of Premier Sotheby`s International Realty

616 Somerset Ct 616 Somerset Ct Marco Island Florida
List Price: $949,000

MLS Number: 2181825
Property Type: Inland Home
Island Location: Center Island South - Search Inland Homes In This Area of the Island

Bedrooms:
Bathrooms:
AC Sqft:
Total Sqft:
Year Built:
Private Pool:
Spa:
Garage Space:
Special Info:
3
3
2,541 sqft
3,996 sqft
2017
Yes
No
3


  Den:
Half Baths:
Roof Type:
Furnished:
Rear Exposure:
Waterfront Available:
Dock Space:
Real Estate Taxes:
1
0
Tile
Partially Furnished
West
None
No
$1795





Click on each image below to view larger photo

Closed Sales Comparables

The closed sales provided below, are not intended to represent a true market value for this home.
No market value adjustments have been made for properties that are renovated or updated or based on island location, lot size or views.

If you wish to discuss this property in more details, please give us a call.


Address Bed/Bath Sqft Pool Year Sale Price Sale Date Adj Value
Estimated Market Value: Not enough closed sale available
MLS IDX
Real Estate Listing is Courtesy of Exp Realty Llc

362 Capistrano Ct 362 Capistrano Ct Marco Island Florida
List Price: $949,000

MLS Number: 2181515
Property Type: Water Indirect Home
Island Location: Center Island North - Search Water Indirect Homes In This Area of the Island

Bedrooms:
Bathrooms:
AC Sqft:
Total Sqft:
Year Built:
Private Pool:
Spa:
Garage Space:
Special Info:
3
2
2,182 sqft
2,970 sqft
2000
Yes
No
2


  Den:
Half Baths:
Roof Type:
Furnished:
Rear Exposure:
Waterfront Available:
Dock Space:
Real Estate Taxes:
1
0
Tile
Unfurnished
Southwest
80 Ft
Yes
$6183





Click on each image below to view larger photo

Closed Sales Comparables

The closed sales provided below, are not intended to represent a true market value for this home.
No market value adjustments have been made for properties that are renovated or updated or based on island location, lot size or views.

If you wish to discuss this property in more details, please give us a call.


Address Bed/Bath Sqft Pool Year Sale Price Sale Date Adj Value
439 Marquesas Ct 3 / 3 2204 Y 2013 $1075000 2018-08-31 $1068950
212 Seminole Ct 4 / 4 2227 2013 $1150000 2018-07-05 $1137625
1558 San Marco Rd 3 / 3 2572 Y 2015 $1135000 2018-06-22 $1027750
356 Capistrano Ct 3 / 3 2630 Y 2015 $1175000 2018-06-15 $1051800
1791 Waterfall Ct 3 / 3 2400 N 2012 $724900 2018-05-15 $704950
*Estimated Market Value: $998,215
MLS IDX
Real Estate Listing is Courtesy of Re/max Affinity Plus

1767 Hummingbird Ct 1767 Hummingbird Ct Marco Island Florida
List Price: $949,000

MLS Number: 2181960
Property Type: Water Indirect Home
Island Location: Center Island North - Search Water Indirect Homes In This Area of the Island

Bedrooms:
Bathrooms:
AC Sqft:
Total Sqft:
Year Built:
Private Pool:
Spa:
Garage Space:
Special Info:
3
2
2,801 sqft
4,574 sqft
2002
Yes
No
2
Limited Boat Size

  Den:
Half Baths:
Roof Type:
Furnished:
Rear Exposure:
Waterfront Available:
Dock Space:
Real Estate Taxes:
1
1
Metal
Negotiable
East
47 Ft
Yes
$5514





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Closed Sales Comparables

The closed sales provided below, are not intended to represent a true market value for this home.
No market value adjustments have been made for properties that are renovated or updated or based on island location, lot size or views.

If you wish to discuss this property in more details, please give us a call.


Address Bed/Bath Sqft Pool Year Sale Price Sale Date Adj Value
320 Marquesas Ct 3 / 2 1785 Y 2000 $725000 2018-10-12 $907880
512 Kendall Dr 3 / 2 2115 Y 2000 $775000 2018-09-28 $898480
451 Cottage Ct 3 / 2 2903 Y 2001 $999000 2018-08-28 $980640
258 Bass Ct 3 / 3 2220 Y 2003 $810000 2018-08-21 $914580
266 Heathwood S Dr 3 / 2 2398 Y 1999 $886000 2018-08-17 $958540
121 Bonita Ct 4 / 3 2102 Y 2004 $840000 2018-08-10 $965820
1174 Shenandoah Ct 4 / 2 2363 Y 2002 $785000 2018-07-16 $863840
910 Moon Ct 3 / 2 2038 Y 1999 $910000 2018-07-12 $1047340
920 Olive Ct 3 / 2 2344 Y 2002 $950000 2018-07-10 $1032260
1633 Villa Ct 3 / 2 2226 Y 2004 $830000 2018-07-10 $933500
1097 Cottonwood Ct 3 / 2 2455 Y 2000 $900000 2018-07-06 $962280
28 Algonquin Ct 3 / 2 2021 Y 1998 $750000 2018-07-02 $835800
264 Barfield N Dr 3 / 2 2520 Y 1999 $770000 2018-06-22 $800910
630 Kendall Dr 3 / 3 2192 Y 2003 $925000 2018-06-08 $1034620
469 Waterleaf Ct 3 / 2 2324 Y 2000 $800000 2018-06-05 $885860
140 South Seas Ct 3 / 2 2277 Y 2000 $840000 2018-06-01 $934320
775 Milan Ct 3 / 3 2164 Y 2000 $970000 2018-05-24 $1084660
501 Shalimar St 3 / 2 2593 Y 1999 $765000 2018-05-18 $802440
231 Seahorse Ct 3 / 2 1988 Y 2000 $815000 2018-05-17 $961340
149 South Seas Ct 4 / 3 3381 Y 2005 $1150000 2018-05-16 $1045600
1121 Aztec Ct 3 / 2 2244 Y 1998 $780000 2018-04-30 $841270
1563 Jamaica Ct 3 / 3 2502 Y 2004 $875000 2018-04-30 $928820
1548 Kingston Ct 3 / 2 2268 2001 $820000 2018-04-25 $915940
*Estimated Market Value: $936,380
MLS IDX
Real Estate Listing is Courtesy of Re/max Affinity Plus

1778 Wavecrest 1778 Wavecrest Marco Island Florida
List Price: $950,000

MLS Number: 2181251
Property Type: Water Direct Home
Island Location: River - Search Water Direct Homes In This Area of the Island

Bedrooms:
Bathrooms:
AC Sqft:
Total Sqft:
Year Built:
Private Pool:
Spa:
Garage Space:
Special Info:
3
2
2,043 sqft
2,928 sqft
1999
Yes
No
2


  Den:
Half Baths:
Roof Type:
Furnished:
Rear Exposure:
Waterfront Available:
Dock Space:
Real Estate Taxes:
1
0
Tile
Turnkey
Northwest
100 Ft
Yes
$7747





Click on each image below to view larger photo

Closed Sales Comparables

The closed sales provided below, are not intended to represent a true market value for this home.
No market value adjustments have been made for properties that are renovated or updated or based on island location, lot size or views.

If you wish to discuss this property in more details, please give us a call.


Address Bed/Bath Sqft Pool Year Sale Price Sale Date Adj Value
845 Elm Ct 4 / 4 2296 Y 2005 $1000000 2018-09-27 $951930
1806 Menorca Ct 3 / 2 2298 Y 2003 $910000 2018-07-16 $861550
293 Barfield N Dr 3 / 2 2226 Y 2000 $800000 2018-06-29 $765230
335 Barfield N Dr 3 / 2 2114 Y 1999 $842500 2018-06-15 $829010
837 Banyan Ct 3 / 2 2159 Y 1996 $875000 2018-06-13 $861080
173 Hollyhock Ct 3 / 3 2249 Y 2001 $850000 2018-06-01 $810860
1432 Butterfield Ct 3 / 2 2427 Y 1998 $855000 2018-05-03 $808920
827 Banyan Ct 3 / 3 2660 Y 2001 $1125000 2018-04-09 $1007770
*Estimated Market Value: $862,044
MLS IDX
Real Estate Listing is Courtesy of Harborview Realty Inc

1135 Vernon Pl 1135 Vernon Pl Marco Island Florida
List Price: $975,000

MLS Number: 2172191
Property Type: Water Direct Home
Island Location: Old Marco - Search Water Direct Homes In This Area of the Island

Bedrooms:
Bathrooms:
AC Sqft:
Total Sqft:
Year Built:
Private Pool:
Spa:
Garage Space:
Special Info:
5
4
4,025 sqft
6,123 sqft
2001
Yes
Yes
2


  Den:
Half Baths:
Roof Type:
Furnished:
Rear Exposure:
Waterfront Available:
Dock Space:
Real Estate Taxes:
1
0
Metal
Negotiable
East
70 Ft
Yes
$9784





Click on each image below to view larger photo

Closed Sales Comparables

The closed sales provided below, are not intended to represent a true market value for this home.
No market value adjustments have been made for properties that are renovated or updated or based on island location, lot size or views.

If you wish to discuss this property in more details, please give us a call.


Address Bed/Bath Sqft Pool Year Sale Price Sale Date Adj Value
1834 Apataki Ct 4 / 3 3580 Y 2004 $1175000 2018-10-15 $1259550
845 Elm Ct 4 / 4 2296 Y 2005 $1000000 2018-09-27 $1328510
1806 Menorca Ct 3 / 2 2298 Y 2003 $910000 2018-07-16 $1238130
293 Barfield N Dr 3 / 2 2226 Y 2000 $800000 2018-06-29 $1141810
847 Banyan Ct 4 / 3 3162 Y 2001 $1100000 2018-06-22 $1263970
335 Barfield N Dr 3 / 2 2114 Y 1999 $842500 2018-06-15 $1205590
173 Hollyhock Ct 3 / 3 2249 Y 2001 $850000 2018-06-01 $1187440
1432 Butterfield Ct 3 / 2 2427 Y 1998 $855000 2018-05-03 $1046760
827 Banyan Ct 3 / 3 2660 Y 2001 $1125000 2018-04-09 $1384350
*Estimated Market Value: $1,228,457
MLS IDX
Real Estate Listing is Courtesy of John R. Wood Properties

70 Peach 70 Peach Marco Island Florida
List Price: $980,000

MLS Number: 2182372
Property Type: Water Indirect Home
Island Location: Island East - Search Water Indirect Homes In This Area of the Island

Bedrooms:
Bathrooms:
AC Sqft:
Total Sqft:
Year Built:
Private Pool:
Spa:
Garage Space:
Special Info:
3
3
2,039 sqft
2,480 sqft
1980
Yes
No
2


  Den:
Half Baths:
Roof Type:
Furnished:
Rear Exposure:
Waterfront Available:
Dock Space:
Real Estate Taxes:
0
0
Shingle
Furnished
Northwest
100 Ft
Yes
$6933





Click on each image below to view larger photo

Closed Sales Comparables

The closed sales provided below, are not intended to represent a true market value for this home.
No market value adjustments have been made for properties that are renovated or updated or based on island location, lot size or views.

If you wish to discuss this property in more details, please give us a call.


Address Bed/Bath Sqft Pool Year Sale Price Sale Date Adj Value
415 Swiss Ct 4 / 3 2376 Y 1986 $990000 2018-08-10 $963040
346 Edgewater Ct 3 / 2 1999 Y 1987 $775000 2018-07-13 $778200
1130 Twin Oak Ct 3 / 2 1800 Y 1987 $850000 2018-06-29 $869120
332 Copperfield Ct 3 / 2 1765 Y 1982 $867500 2018-06-01 $889420
1137 Breakwater Ct 3 / 2 1898 Y 1979 $798900 2018-04-25 $810180
*Estimated Market Value: $861,992
MLS IDX
Real Estate Listing is Courtesy of Re/max Affinity Plus

951 Moon Ct 951 Moon Ct Marco Island Florida
List Price: $985,000

MLS Number: 2181198
Property Type: Water Indirect Home
Island Location: Center Island North - Search Water Indirect Homes In This Area of the Island

Bedrooms:
Bathrooms:
AC Sqft:
Total Sqft:
Year Built:
Private Pool:
Spa:
Garage Space:
Special Info:
4
2
2,860 sqft
6,206 sqft
1981
Yes
No
2

Seller Financing

  Den:
Half Baths:
Roof Type:
Furnished:
Rear Exposure:
Waterfront Available:
Dock Space:
Real Estate Taxes:
0
1
Shingle
Furnished
Southeast
169 Ft
Yes
$8919





Click on each image below to view larger photo

Closed Sales Comparables

The closed sales provided below, are not intended to represent a true market value for this home.
No market value adjustments have been made for properties that are renovated or updated or based on island location, lot size or views.

If you wish to discuss this property in more details, please give us a call.


Address Bed/Bath Sqft Pool Year Sale Price Sale Date Adj Value
415 Swiss Ct 4 / 3 2376 Y 1986 $990000 2018-08-10 $1028720
346 Edgewater Ct 3 / 2 1999 Y 1987 $775000 2018-07-13 $843880
1130 Twin Oak Ct 3 / 2 1800 Y 1987 $850000 2018-06-29 $934800
332 Copperfield Ct 3 / 2 1765 Y 1982 $867500 2018-06-01 $955100
1137 Breakwater Ct 3 / 2 1898 Y 1979 $798900 2018-04-25 $875860
805 Dove Ct 4 / 3 3694 Y 1988 $905000 2018-04-16 $838280
1241 Spanish Ct 5 / 3 3391 Y 1988 $915000 2018-04-12 $872520
1167 Lighthouse Ct 3 / 2 1917 Y 1988 $817500 2018-03-26 $892940
*Estimated Market Value: $905,263
MLS IDX
Real Estate Listing is Courtesy of Keller Williams Realty Marco

390 Henderson Ct 390 Henderson Ct Marco Island Florida
List Price: $985,000

MLS Number: 2181018
Property Type: Water Indirect Home
Island Location: Tiger Tail Beach - Search Water Indirect Homes In This Area of the Island

Bedrooms:
Bathrooms:
AC Sqft:
Total Sqft:
Year Built:
Private Pool:
Spa:
Garage Space:
Special Info:
4
2
2,098 sqft
2,998 sqft
1993
Yes
No
2


  Den:
Half Baths:
Roof Type:
Furnished:
Rear Exposure:
Waterfront Available:
Dock Space:
Real Estate Taxes:
0
0
Tile
Unfurnished
Northeast
90 Ft
Yes
$7515





Click on each image below to view larger photo

Closed Sales Comparables

The closed sales provided below, are not intended to represent a true market value for this home.
No market value adjustments have been made for properties that are renovated or updated or based on island location, lot size or views.

If you wish to discuss this property in more details, please give us a call.


Address Bed/Bath Sqft Pool Year Sale Price Sale Date Adj Value
1143 Lighthouse Ct 3 / 2 1950 Y 1991 $840000 2018-09-20 $856280
911 Moon Ct 4 / 3 2888 Y 1991 $840000 2018-08-31 $753100
266 Heathwood S Dr 3 / 2 2398 Y 1999 $886000 2018-08-17 $853000
939 Joy S Cir 4 / 3 2851 Y 1992 $1100000 2018-08-13 $1017170
1184 Whiteheart Ct 3 / 2 1964 Y 1989 $750000 2018-07-31 $760720
910 Moon Ct 3 / 2 2038 Y 1999 $910000 2018-07-12 $914800
1006 Admiralty Ct 3 / 2 2090 Y 1993 $800000 2018-07-05 $800880
28 Algonquin Ct 3 / 2 2021 Y 1998 $750000 2018-07-02 $758470
1050 Coronado Ct 3 / 3 2314 Y 1995 $825000 2018-06-27 $801240
264 Barfield N Dr 3 / 2 2520 Y 1999 $770000 2018-06-22 $723580
1123 Mulberry Ct 3 / 2 2200 Y 1996 $755000 2018-06-19 $743780
530 Century Dr 4 / 2 2136 Y 1995 $830000 2018-06-07 $825820
21 Hickory Ct 3 / 2 2100 Y 1997 $915000 2018-05-25 $914780
501 Shalimar St 3 / 2 2593 Y 1999 $765000 2018-05-18 $710550
601 Blackmore E Ct 4 / 3 2421 Y 1993 $965000 2018-05-17 $929470
268 Capistrano W Ct 3 / 2 1937 Y 1995 $785000 2018-05-17 $802710
337 Capistrano Ct 3 / 2 2011 Y 1995 $985000 2018-05-10 $994570
1110 Twin Oak Ct 4 / 3 2625 Y 1996 $920000 2018-05-01 $862030
1555 Jamaica Ct 3 / 3 2642 Y 1989 $905000 2018-05-01 $861480
1121 Aztec Ct 3 / 2 2244 Y 1998 $780000 2018-04-30 $763940
680 Kendall Dr 3 / 2 2925 Y 1993 $1120000 2018-04-30 $1029030
451 Spinnaker Dr 3 / 2 2224 Y 1995 $908500 2018-04-27 $894640
1228 Lamplighter Ct 3 / 2 2305 Y 1990 $1000000 2018-04-23 $977230
*Estimated Market Value: $849,968
MLS IDX
Real Estate Listing is Courtesy of Re/max Affinity Plus

400 Waterleaf Ct 400 Waterleaf Ct Marco Island Florida
List Price: $989,000

MLS Number: 2181568
Property Type: Water Indirect Home
Island Location: Center Island North - Search Water Indirect Homes In This Area of the Island

Bedrooms:
Bathrooms:
AC Sqft:
Total Sqft:
Year Built:
Private Pool:
Spa:
Garage Space:
Special Info:
4
2
2,300 sqft
2,693 sqft
2000
Yes
No
2


  Den:
Half Baths:
Roof Type:
Furnished:
Rear Exposure:
Waterfront Available:
Dock Space:
Real Estate Taxes:
0
0
Tile
Partially Furnished
Southwest
80 Ft
Yes
$7488





Click on each image below to view larger photo

Closed Sales Comparables

The closed sales provided below, are not intended to represent a true market value for this home.
No market value adjustments have been made for properties that are renovated or updated or based on island location, lot size or views.

If you wish to discuss this property in more details, please give us a call.


Address Bed/Bath Sqft Pool Year Sale Price Sale Date Adj Value
1143 Lighthouse Ct 3 / 2 1950 Y 1991 $840000 2018-09-20 $878500
911 Moon Ct 4 / 3 2888 Y 1991 $840000 2018-08-31 $775320
266 Heathwood S Dr 3 / 2 2398 Y 1999 $886000 2018-08-17 $875220
939 Joy S Cir 4 / 3 2851 Y 1992 $1100000 2018-08-13 $1039390
1184 Whiteheart Ct 3 / 2 1964 Y 1989 $750000 2018-07-31 $776880
910 Moon Ct 3 / 2 2038 Y 1999 $910000 2018-07-12 $930960
1006 Admiralty Ct 3 / 2 2090 Y 1993 $800000 2018-07-05 $823100
28 Algonquin Ct 3 / 2 2021 Y 1998 $750000 2018-07-02 $780690
1050 Coronado Ct 3 / 3 2314 Y 1995 $825000 2018-06-27 $823460
264 Barfield N Dr 3 / 2 2520 Y 1999 $770000 2018-06-22 $745800
1123 Mulberry Ct 3 / 2 2200 Y 1996 $755000 2018-06-19 $766000
530 Century Dr 4 / 2 2136 Y 1995 $830000 2018-06-07 $848040
21 Hickory Ct 3 / 2 2100 Y 1997 $915000 2018-05-25 $937000
501 Shalimar St 3 / 2 2593 Y 1999 $765000 2018-05-18 $732770
601 Blackmore E Ct 4 / 3 2421 Y 1993 $965000 2018-05-17 $951690
268 Capistrano W Ct 3 / 2 1937 Y 1995 $785000 2018-05-17 $824930
337 Capistrano Ct 3 / 2 2011 Y 1995 $985000 2018-05-10 $1016790
1110 Twin Oak Ct 4 / 3 2625 Y 1996 $920000 2018-05-01 $884250
1555 Jamaica Ct 3 / 3 2642 Y 1989 $905000 2018-05-01 $877640
1121 Aztec Ct 3 / 2 2244 Y 1998 $780000 2018-04-30 $786160
680 Kendall Dr 3 / 2 2925 Y 1993 $1120000 2018-04-30 $1051250
451 Spinnaker Dr 3 / 2 2224 Y 1995 $908500 2018-04-27 $916860
1228 Lamplighter Ct 3 / 2 2305 Y 1990 $1000000 2018-04-23 $999450
*Estimated Market Value: $871,398
MLS IDX
Real Estate Listing is Courtesy of Keller Williams Realty Marco

Copyright & Data Information Disclosure
The data source of real property information is the copyrighted / proprietary database compilation of Marco Multi/List, Inc. All rights reserved. ęCopyright 2018 Marco Multi/List, Inc.
PLEASE NOTE: The accuracy of this information provided is not warranted or guaranteed. The information should be independently verified if any person intends to engage in a transaction in reliance upon it.