Posted June 22nd, 2010 at 8:11 pm by Michele Harrison
The May report is in…Naples total sales increased at least 47%!!!
According to the report, “The increase in sales ranged from 33 percent in East Naples to 56 percent in South Naples.” And, as I mentioned in the report, the median close price has continued to level out since Septmber 2009 with the closed price coming in at $190,000 for May. That is a 9% increase over May 2009.
A few other notable points:
- Pending sales for single-family homes increased to 477 contracts in May 2010 compared to 433 contracts in May 2009.
- Overall condo sales increased 25 percent - 398 sales in May 2010 compared to 318 sales in May 2009.
- Condo sales in the under $300,000 category increased 69 percent with 3,573 contracts in May 2010 compared to 2,117 contracts in May 2009.
- Available inventory decreased 10 percent with 9,006 units in May 2010 compared to 10,046 in May 2009
For the complete report visit www.Naplesarea.com
Categories: 55+ Living,
Naples Home Market
Tags: condo sales,
East Naples,
increase in sales,
May,
median close price,
Naples real estate report,
NaplesArea.com,
pending home sales,
single-family homes,
South Naples —
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 —
