SALES UP 87 PERCENT
Report Shows Inventory Declines 13 Percent

NAPLES, Fla.-September 11, 2009-Buyer conditions couldn’t be better in the Naples area as August culminated in strong sales, according to a report released by the Naples Area Board of REALTORS® (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island).

Overall pending sales, which are a key indicator of buyer activity, increased 87 percent with 862 contracts in August 2009 compared to 461 contracts in August 2008.

The report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges, geographic segmentation and includes an overall market summary. The statistics are presented in chart format, along with the following analysis:

• Overall closed sales saw a 38 percent increase with 545 sales in August 2009 compared to 395 sales in August 2008.

• Single-family pending sales increased 86 percent with 483 contracts in August 2009 compared to 260 contracts in August 2008.

• Single-family pending sales for properties less than $300,000 saw a 106 percent increase with 344 contracts in August 2009 compared to 167 contracts in August 2008.

• The available inventory decreased 13 percent to 9,163 in August 2009 compared to 10,532 in August 2008.

Condo pending sales increased 89 percent with 379 contracts in August 2009 compared to 201 contracts in August 2008.

To view the entire August report, go to www.Naplesarea.com

Labels: naples fl home sales, naples fl real estate, Naples Real Estate Market, Naples Real Estate Statistics

Home sales rise 36 percent over a year ago in Naplea area, NABOR reports
By: NDN Staff
Originally published 12:31 p.m., Friday, June 12, 2009

NAPLES — May home sales in the Naples area increased substantially over May 2008, according to a report released early this afternoon by the Naples Area Board of Realtors (NABOR).

Overall pending home sales in the greater Naples area, which includes the Naples beach area, North Naples, central Naples, East Naples, Immokalee and Ave Maria, saw an increase of 101 percent with 1,029 pending sales in May compared to 511 in May 2008.

The available inventory decreased 10 percent to 10,046 in May compared to 11,175 in May 2008, NABOR reported.

Other findings:

**Overall pending home sales for properties under $300,000 saw a 177 percent increase, with 5,160 pending for the 12 months ending in May compared to 1,860 for the 12 months ending in May 2008.

**The average days on the market decreased 24 percent to 155 in May compared to 203 in May 2008.

**Single-family home sales increased 53 percent with 383 in May 2009 compared to 251 in May 2008; single-family pending home sales saw a 110 percent increase with 603 in May 2009 compared to 287 in May 2008.

**Condo sales saw a 24 percent increase with 313 in May 2009 compared to 253 in May 2008.

**For the year ending in May 2009, the median price for properties over $300,000 decreased only 1 percent to $550,000 compared to $555,000. The median refers to the point where half of the sales are for more, and half for less.


RELATED LINK: www.naplesarea.com

Labels: naples fl real estate, naples florida home sales, Naples Real Estate Market, Naples Real Estate Statistics

INVENTORY DECLINES 16 PERCENT FOR PROPERTIES OVER $300,000

Report Shows Overall Pending Sales Increase 87 Percent

NAPLES, Fla.-May 15, 2009- Inventory continues to diminish in Collier County as buyers take advantage of favorable sales prices, according to a report released by the Naples Area Board of REALTORS® (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island).

The overall available inventory for properties over $300,000 declined 16 percent to 5905 in April 2009 compared to 7088 in April 2008. The average days on the market decreased 15 percent to 165 in April 2009 compared to 195 in April 2008.

The April report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges, geographic segmentation and includes an overall market summary. The statistics are presented in chart format, along with the following analysis:

Overall home sales in the greater Naples Area, which includes Naples Beach, North Naples, Central Naples, South Naples, East Naples, Immokalee, and Ave Maria, increased 20 percent, with 582 in April 2009 compared to 486 in April 2008.

Overall pending home sales for properties under $300,000 saw a 199 percent increase, with 792 pending in the April 2009 compared to 265 in April 2008.

Single-family home sales increased 46 percent with 304 in April 2009 compared to 208 in April 2008; single-family pending home sales in the less than $300,000 category saw a 298 percent increase with 446 in April 2009 compared to 112 in April 2008.

Condo sales saw a zero percent increase with 278 in April 2009 compared to 278 in April 2008; however, pending condo sales increased 66 percent with 468 in April 2009 compared to 282 in April 2008.

Overall pending home sales increased 87 percent to 1088 in April 2009 compared to 583 in April 2008.

To view the entire April report, go to www.Naplesarea.com or click to view the statistics: http://www.naplesarea.com/realestate_news/Statistics_2009_April_Naples_Market_Statistics_Price_Area.pdf

Call MARI VESCI REALTORS, Inc. for all of your real estate needs, 239-566-8989

Labels: naples fl real estate, Naples Real Estate Statistics, Southwest Florida Real Estate Sales

NABOR Reports March 2009 and First Quarter 2009 Real Estate Transactions

SALES OUTPACE NEW INVENTORY

Report Shows Inventory Declines 8 Percent

The increase in sales indicates that the Naples real estate market is making a comeback. An upward swing in the local market has boosted consumer confidence, attracting buyers who had been cautious due to watching national trends.

"Significant increases in the number of buyers actively looking at residential property are being reported by area REALTORS®, noting that realistic pricing adjustments have spurred buyers to get off the fence.The first quarter report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges, geographic segmentation and includes an overall market summary.

The statistics are presented in chart format, along with the following analysis: Overall home sales for properties under $300,000 saw a 113 percent increase, with 964 sales in the first quarter of 2009 compared to 452 in the first quarter of 2008.Single-family homes sales under $300,000 increased 242 percent with 510 in the first quarter of 2009 compared to 149 in the first quarter of 2008.

The overall median closed price decreased 36 percent to $237,000 for the 12 month ending March 2009 from $370,000 for the 12 month ending March 2008. The median refers to the middle value in a set of statistical values that are arranged in ascending or descending order, in this case prices at which homes were actually sold. It should be noted that in any given period the median could vary greatly if there is an anomaly, a single sale that is significantly higher or lower than other properties in the area.

The inventory in the under $300,000 single-family home market has a current 14 month supply, down from 45.6 months of inventory in March 2008.

Pending sales in the under $300,000 price range continues to lead the way in March 2009 increasing 194 percent with 808 compared to 275 in March 2008.The March report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges, geographic segmentation and includes an overall market summary.

The average days on the market decreased 14 percent to 159 compared to 185 in March 2008.Overall single-family pending sales saw a 137 percent increase, with 625 in March 2009 compared to 264 in March 2008Condo sales saw a 11 percent increase with 277 in March 2009 compared to 250 in March 2008."

Labels: http://www.naplesarea.com/realtor-issues.asp, Naples Real Estate, Naples Real Estate Market, Naples Real Estate Statistics, Southwest Florida Real Estate Sales

PENDING SALES AT THREE YEAR HIGH, Report Shows Inventory Declines 7.6 Percent

NAPLES, Fla.-March 13, 2009- In February 2009, the pending sales in the Naples area reached its highest peak in over three years, according to a report released by the Naples Area Board of REALTORS® (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island).

Overall pending sales, which are a key indicator of buyer activity, continued its upward trend in February. Pending sales increased 69 percent with 808 pending in February 2009 compared to 479 in February 2008.

In a pattern that is occurring throughout Southwest Florida, the Marco Island and Ft. Myers areas have followed this same trend, recently reporting a surge in sales and a decrease in inventory.

The report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges, geographic segmentation and includes an overall market summary. The statistics are presented in chart format, along with the following analysis:

Overall pending home sales for properties less than $300,000 saw a 178 percent increase, with 587 pending in February 2009 compared to 211 in February 2008.

Single-family pending home sales increased 131 percent overall, with 450 in February 2009 compared to 195 in February 2008.

Overall condo pending sales increased 26 percent, with 358 in February 2009 versus 284 in February 2008; and pending condo sales under $300,000 increased 77 percent with 266 in February 2009 compared to 150 in February 2008.

Labels: February Market Update, Naples Real Estate Market, Naples Real Estate Statistics