NAPLES - The Naples Area Board of Realtors® has released second quarter 2007 statistics for home listings and sales in Naples, utilizing the Board’s local reporting format.
In this report, only sales of homes within the Naples geographic area are being shown - specifically all areas in Collier County excluding Marco Island and other outlying areas - to reflect an accurate and relevant portrait of the local real estate market.
A summary of the statistics is presented in graph format, along with the following analysis.
New listings as of June 30, 2007, were 4,497, falling below the 5,213 reported in the second quarter of 2006, and below the 5,885 new listings reported at the end of the first quarter 2007. A reduction in the number of new listings may ultimately provide some relief to what has been at times a saturated market. 
Pending sales during the second quarter of 2007 were reported at 1,261, down from 1,390 reported in the second quarter of 2006.
There were 1,300 closed sales reported at the end of the second quarter of 2007, a drop from the second quarter of 2006 which reported 1,406 closed sales. 
The median sales price of homes sold during the second quarter of 2007 was $390,500. The median refers to the middle value in a set of statistical values that are arranged in ascending or descending order, in this case prices at which homes were actually sold.
It should be noted that in any given period the median can vary greatly if there is an anomaly, a single sale that is significantly higher or lower than other properties in the area. The median price of homes sold in the second quarter of 2006 was reported at $430,000.
Median pricing is holding steady, continuing an upward trend line over the long term. In comparison to both the national and state real estate markets, Naples remains relatively stable, a reflection of intrinsic real estate value.
Inventory: As of July 1, 2007, there were 10,974 active listings on the market. With 4,030 homes sold in the previous 12 months, it is calculated that the current inventory represents a 33-month supply, below the 35-month inventory calculated at the end of the first quarter of 2007.
The calculation of months’ supply is derived by dividing the total number of listings at the beginning of the month (Supply) by the number of sales which closed over the past 12 months (Demand). This way we normalize the data by utilizing the prior rolling 12 months closing statistics (Demand). This methodology illustrates a more realistic trend which takes into account market seasonality. After we calculate the years supply, we then multiply the years supply times 12 to get the months supply. This is the current method used by Hanley Wood Market Intelligence.
Naples, Florida News By Amerivest Realty
July 30, 2007
NABOR Reports Second Quarter Statistics
July 11, 2007
Amerivest Realty Announces June Leaders
Closings By Dollar Volume:
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Closings By Number Of Transactions:
Jim & Debra Monterosso
REO Specialists with over 30 years combined experience. Southwest Florida's choice for REO asset preservation and disposition. Visit them on the web at http://www.reobrokersflorida.com/
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New Listings By Dollar Volume:
Mary Catherine & Larry White
Naples Florida Luxury Real Estate Specialists. Recognized by Who's Who in Luxury Real Estate. They are uniquely qualified to handle the purchase and sale of luxury estates in and around Naples. Visit their personal site at http://www.naplesluxuryestates.com/
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New Listings By Number of Properties
Eydie Heller & Bob Chapman.jpg)
Eydie and Bob are "Spouses Selling Houses" in the Naples Florida real estate market. They specialize in the family beach neighborhood of Naples Park and also call Naples Park home. Eydie & Bob are full time real estate professionals and will always look out for your best interests. Visit their personal site at http://www.eydiebob.com/
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NOTE: At Amerivest Realty our leaders are selected based on their performance over the prior 12 months, not just the month of May. These are proven, dedicated performers, not just one month wonders. An associate or team may only win one category each month and only once a year.
July 9, 2007
Arlene Carozza Added As Corporate Trainer
Amerivest Realty is excited to announce the addition of Arlene Carozza as its corporate trainer. "With 30+ years of successful management and coaching experience, Arlene brings a wealth of real estate knowledge to our firm" - Joe Ballarino, President & Founder.
Arlene started her real estate career in 1977 as a salesperson and became a broker just 2 years later in 1979. After starting a successful sales career she began in management full time in 1983 with Coldwell Banker. She moved on to a 15 year career with Arvida Realty Services (Formerly Prudential Florida Realty/Merrill Lynch Realty), then on to other successful management posts.
Arlene has always been active in the local board of Realtors. She is currently the President-Elect for the Naples Area Board of Realtors, and will become President in 2008, a position she held with the Orlando Board of Realtors in 1992. Besides serving on too many committees to list, she was also named a Realtor of the Year for Gainesville in 1983.
At Amerivest Realty, Arlene will conduct monthly training meetings and offer one on one coaching for agents. "I love to teach and just want to be able to share my knowledge in a comfortable environment" - said Arlene Carozza.
July 6, 2007
Naples Park Sales Activity - April thru June 2007