MLS statistics released for improved residential property (not lots) for all Naples MLS users. The Naples real estate market has settled into a slow but steady pace, with just over 400 pending sales each month this year. Inventory still continues to rise, but with the Easter Holiday upon us, it should start to lighten. Simply put, this is the best buying opportunity Naples has seen in years. There is plenty of inventory to choose from and negotiations will be based on actual sales as opposed to the momentum purchases we saw last year.
Closings For The Month Of
Mar 2006: 559
Mar 2005: 965
Pendings For The Month Of
Mar 2006: 445
Mar 2005: 1,333
YTD Closings
2006: 1,426
2005: 2,368
YTD Pendings
2006: 1,275
2005: 3,665
Inventory: 9,543 (approx. a 18 month supply) - Active (active and active with contract status) residential inventory in all Naples areas as retrieved from SunshineMLS today.
Prior Reports: August 2005 - September 2005 - October 2005 - November 2005 - December 2005 - January 2006 - February 2006
Reported By: Joe Ballarino, Broker
Amerivest Realty, Naples Florida
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