For those of you that missed the recently released report by NABOR (Naples Area Board of REALTORS®) it stated that overall home sales increased 51% compared to a year ago!  While many people are still finding it tough out there, we are truly beginning to see positive signs from a real estate market perspective…thank gosh!

The report notes comments from many key players within the real estate community that consistently agree that sales across the board are up.  They are seeing increases in all price levels and in all geographic locations.  They have even seen forward movement in the condo market, which has not been the case in years.

A few noteworthy points made in the report include:

• “Overall pending sales for properties under $300,000 increased 81 percent with 718 contracts in January 2010 compared to 396 contracts in January 2009.”
• “Single-family pending sales increased 61 percent with 511 contracts in January 2010 compared to 317 contracts in January 2009.”
• “Overall condo sales increased 91 percent with 288 sales in January 2010 compared to 151 sales in January 2009.”

While things aren’t going to return to the price levels we saw a few years back anytime soon, at least we have made it to the recovery!  Now, we must help our community to regain momentum and move forward. 

If you would like to view the entire report, go to http://www.NaplesArea.com.