Naples Real Estate Market: Median Price Increases 22% in April 2010

For the second consecutive month the median closed price increased in the Naples real estate market area.
The overall median closed price increased 22% in April 2010 compared to April 2009 passing from $170,000 in April 2009 to $208,000 in April 2010.
Traditional sales (in opposition to distressed sales made 69% of the total number of closed sales in March 2010.
Overall home sales increased 46%:

• 914 sales in April 2010.
• 626 sales in April 2009.

The total inventory decreased 13% to 9,239 in April 2010 from 10,574 in April 2009.
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