The figures are once again, and for the 15 consecutive months, in an upward trend. Naples is progressively en route for a more balance market. Great opportunities still exist for buyers but it might not be so easy in the next months to negotiate a great purchase price as the inventory continues to declines and sellers might not be incline to negotiate deeply.
The inventory declined 16% for properties over $300,000 and the median price for the same properties is unchanged compared to April 2008. A few other figures:
- Overall home sales: 582 in April 2009 - 486 in April 2008 - 20% increase.
- Overall pending sales - properties under $300,000: 792 in April 2009 - 265 in April 2008 - 199% increase.
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