November 2005 Naples MLS Stats

MLS statistics released for improved residential property (not lots). Inventories continue to rise as the pace of pending sales continues to slow. Three months of lower pending sales indicates a market that it is catching its breath. We would classify this as a market coming back into balance after several years of a "Sellers Market".

Closings For The Month Of
Nov 2005: 606
Nov 2004: 639

YTD Closings From
Jan-Nov 2005: 8,421
Jan-Nov 2004: 8,325

Pending For The Month Of
Nov 2005: 378
Nov 2004: 719

YTD Pending From
Jan-Nov 2005: 8,638
Jan-Nov 2004: 8,306

12-13-2005 Inventory: 5,347 (approx. a 5 month supply)

Active (active and pending with contingency status) residential inventory in all Naples areas as retrieved from SunshineMLS today.