November 21, 2012

Naples Real Estate - Overall Median Closed Price Up 11%

Serious Buyers hurry! Do not wait any longer if you are seriously planning to buy a property in the Naples area! The inventory is decreasing drastically and more areas have such  low inventory that the selling price increases.
NABOR (Naples Association Board Of Realtors) released a few days ago the sales report and statistics for October 2012 and here are the main facts, for the 12-month period ending October 2012:
  • Overall median closed price up 11% from $177,000 to $197,000.
  • Overall pending sales are up 21% in the $500,000 to $1 Million price range.
  • Overall inventory decreased 13%.
  • Naples coastal area: Overall pending sales up 14%.
More impressive statistics are in the report.

1 comment:

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