November 25, 2010

Luxury Real Estate Market Improving in Naples, Florida

NABOR (Naples Association Board of Realtors) recently released the real estate sales report for October 2010 and the past 12-month period in the Naples area.
Globally the overall pending sales increased 11% for the past 12-month period ending October 2010: 9400 pending sales compared to 8,437.
Pending sales for properties listed at $1 Million and over increased 40% in the past 12 months.

The inventory continues to decrease ( - 3%): 9,044 properties for sale  compared to 8,437.

The overall closed sales during the same 12-month period, increased 19%:
7,912 sales compared to 6,645 sales in 2009.
View the complete report...
View the detailed statistics...
View waterfront properties for sale...
View properties for sale on golf courses...

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