Posted May 19th, 2010 at 10:50 pm by Michele Harrison
Just a quick update for everyone on the state of the real estate market in Collier County as of 4/30/10.
According to the Naples Area Board of Realtors site…
- The overall median closed price increased 22 percent from $170,000 in April 2009 to $208,000 in April 2010. This is the second consecutive month that the median closed price has increased. For properties over $300,000, the median price increased 3 percent from $534,000 in April 2009 to $550,000 in April 2010.
- Overall home sales increased 46 percent to 914 sales in April 2010 compared to 626 sales in April 2009. Properties under $300,000 saw a 25 percent increase in pending sales with 882 contracts in April 2010 compared to 706 contracts in April 2009.
- Single-family pending sales saw a 27 percent increase with 691 contracts in April 2010 compared to 544 contracts in April 2009.
- Condo sales saw a 69 percent increase with 507 sales in April 2010 compared to 300 sales in April 2009.
- The available inventory decreased 13 percent to 9,239 in April 2010 compared to 10,574 in the same month last year
To see the full report and statistics go to www.naplesarea.com
Posted February 26th, 2010 at 11:13 am by Michele Harrison
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.
Categories: Naples Home Market,
National Real Estate Market
Tags: 2010,
condo market,
condo sales,
home sales,
NABOR,
Naples Area Board of REALTORS,
NaplesArea.com,
pending sales,
real estate market,
single-family pending sales —
