Naples Florida real estate is always a fascinating topic and the latest report from the Naples Area Board of Realtors (NABOR) shows why. The statistics presented with the report express very positive signs with regard to the future of homes for sale Naples Florida. NABOR covers all of Collier County except Marco Island, and breaks their numbers out in a useful fashion.
Closed sales grew by nearly 7% during the month of October compared to the same month one year ago, but it is the pricing ranges that make for the interesting story. Homes that sold from $500,000 to $1 million and those from $1 million or more showed increases of28.6%. The closings of under $300,000 grew a little over 7%, while those priced between $300,000 and $500,000 decreased 18%. Another number that expressed the great improvement in Naples Florida real estate is the median closed price (the median is where half of the sales were below that number and half above) for those properties over $300,000 jumped nearly 18% and posted a mark of $605,000.
Inventory, the number of homes for sale in Naples, Florida also expressed good news. When compared to last year, the number of homes on the market at the end of October dropped 19%, from over 9,000 to just over 7,300. All price points experienced this decline, with the leaders being homes listed for less than $300,000 and those priced above $1 million, showing declines of over 22%…http://ChrisAndDick.com
