June Sales Continue Increase for Naples

The overall pending sales for the last year ending in June 2009 have increased 69% over the previous year. Median prices have fallen in the previous year, but seem to be steadying. This report was put out by NABOR last week, as well as the report for the second quarter of the year. The steady increase of sales and decrease in inventory have caused financing rates to increase. In addition to the increase in sales for June, the second quarter sales also showed an increase over the previous year.