Naples Area Board of Realtors 3rd Quarter Inventory Remains Tight
The NABOR® 3rd Quarter 2014 Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. The NABOR® 3rd Quarter 2014 sales statistics are presented in chart format, including these overall (single-family and condominium) findings:
*Overall pending sales increased 2 percent from 810 in September 2013 to 829 pending in September 2014.
*Overall closed sales decreased 3 percent from 9,919 in the 12-months ending September 2013 to 9,585 closed sales in the 12-months ending September 2014.
*Overall median closed price increased 14 percent from $230,000 in the 12-months ending September 2013 to $262,000 in the 12-months ending September 2014.
*Overall inventory decreased 9 percent from 4,080 in September 2013 to 3,702 in September 2014.
SEPTEMBER REPORT – MONTHLY REPORT ONLY (NOT QUARTER)
Naples area homes market update for homes – September.
Naples area homes for sale was 1,922 up from the previous month’s 1,919.
Last September there were 1,912 homes for sale.
Median sold price for homes increased 10.7% since last September – from $280,000 to $310,000.
The median sold price for a home bottomed in 2009 at $195,000. In 2014 the median sold price has been $325,000. This represents an increase of 66.7% from the bottom of market
This information was provided by the Multiple Listing Service (MLS)
To begin browsing homes for sale in the Naples area, please visit www.audubonproperties.com