May 25, 2012

Naples Real Estate - Five Months Of Price Gains


For the fifth consecutive months the overall median prices have increased in the Naples area (Naples, Bonita Springs & Estero) and the median closed price increased 22% overall in April 2012 compared to April 2011.
These figures are part of the new real estate market report just released by NABOR (Naples Association Board of Realtors).
Other key figures:

  • Overall pending sales increased 20 % in the $500,000 to $1 million category.
  • Overall inventory dropped by 13 % from 8,214 in April 2011 compared to
  • 7,130 in April 2012.
  • Overall closed sales increased 14 % in the $500,000 to $ 1 million category a
  • nd rose 13 % in the $1 million to $2 million category.
  • Overall pending sales in the Naples Beach area increased 14 % from 1,675 to
  • 1,913 and closed sales increased 17 % from 1,437 to 1,678 for the 12-month 
  • period ending April 2012.
The inventory in the $300,000 and below is disappearing. Some areas are switching to a seller's market.
View complete report...
View complete statistics...
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