Naples MLS Stats for July 2006

MLS statistics released for improved residential property (not lots) for all Naples MLS users. Inventory has remained stable and we expect no change through August & September, but we do expect increases later in the year. Sales continued the 2006 sluggish pace, but we are still comparing it to the record shattering year of 2005. We are forecasting an increase in pending sales come this October as pent up buying demand increases and seller prices complete their correction.

Closings For The Month Of
Jul 2006: 341
Jul 2005: 804

Pendings For The Month Of
Jul 2006: 289
Jul 2005: 591

YTD Closings
2006: 3,314

2005: 5,755

YTD Pendings
2006: 2,768
2005: 6,763

Inventory: 9,650 (approx. an 18 month supply) - Active (active and active with contract status) residential inventory in all Naples areas as retrieved from SunshineMLS today.

Prior Reports: Aug 2005 - Sep 2005 - Oct 2005 - Nov 2005 - Dec 2005 - Jan 2006 - Feb 2006 - Mar 2006 - Apr 2006 - May 2006 - Jun 2006

Reported By: Joe Ballarino, Broker
Amerivest Realty, Naples Florida