Florida’s real estate market is entering 2012 on an upward trend including Naples, according to three leading U.S. economists.

“Our state is in a mini-recovery,” said Florida Realtors® Chief Economist Dr. John Tuccillo at the state association’s  2012 Real Estate and Economic Forecast Conference in Orlando. “Sales are trending up, listing inventories are falling, the supply of lender-related properties has stabilized, and we are seeing multiple offers on homes in some local markets.” [Read more...]

The condominium statistics of the Naples real estate market is showing stability for the median sold in a year over year analysis. The volume of closed sales is level with last year. The number of pending sales is higher than last year. The new listings of condos for sale showed a decline in the volume.

Median Sold Price:

During the month of June 2010, the median sold price of a condo in Naples was $164000. The median price is the sold price represents the middle value of the all sold prices within a stated range. The median sold price can vary from area to area within a local real estate market. [Read more...]

The statistics of the Naples real estate market segment for single family homes should the median sold price of homes increased 24 percent over June 2009. The volume of homes sold increased slightly less than 1 percent and the number of new listings declined 6 percent in a year over year analysis. The number of months of homes to be sold declined to 9.8 months from June 2009′s 14.7 months.

Median Sold Price:

During the month of June 2010, the median sold price of a home in Naples was $245000. The median price is the sold price represents the middle value of the all sold prices within a stated range. The median sold price can vary from area to area within the local Naples real estate market. [Read more...]

The Naples real estate market for condos shows a stable median sold price at the end of May, while the months of inventory and available condos for sale are declining. The number of condos being purchased continues to increase over the previous 2 years. Pending sales are also higher than in the previous 2 years. Overall, the buyer’s market of the past 2 years continues to weaken, while the prices have remained stable.

Median Sold Price:

During the month of May 2010, the median sold price of a condo in Naples slightly decreased over the last May by less [Read more...]