A question was asked yesterday “How far below peak would you guess homes and condos are in the Naples area?
Statistics for homes sold show the median sold price through June 30, 2010 in the Naples area to be $227500 down 52 percent from calendar year 2005 (the peak year) median sold price of $474450. The current median sold price is approximately the same as it was in 2002. The median sold price in 2010 has increased 17 percent over 2009’s, the median price sold of $195000.
Median Sold Prices for Homes by Year in Naples Florida
The statistics for the median sold price for condos in the Naples area through June 30, 2010 to be $165000 down 54 percent from calendar year 2005 (the peak year) median sold price of $360000. The current median sold price is approximately the same as it was in 2002. The median sold price in 2010 has increased less than 1 percent, which is insignificant.
Median Sold Prices by Year for Condos in Naples Florida
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