September 12, 2008

Naples, Florida - Report shows 92 percent increase in Overall pending sales

As we were suspecting for a few months now, it seems the real estate market in Naples Florida is back on track. The new report published today by NABOR (Naples ARea Board of Realtors
® )confirms the trend.
- In August the overall pending home sales in the greater Naples area increased 92% with 527 in August 2008 compared to 274 in August 2007.
- The median home price has increased 5% in the over $300,000 market in August 2008 compared to August 2007.
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