December 17, 2010
Home sales continue to increase in the Naples area according to a report released by the Naples Area Board of REALTORS® (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island).
In November, overall pending sales increased 13 percent while closed sales for the 12 months ending November 2010 grew 14 percent to 7,863 from 6,884 for the same 12 months last year.
“The 12 months ending statistics reveal year-to-year trends resulting in improved market conditions in pending sales, closed sales and median closed prices,” said John Steinwand, President of Naples Realty Services. Pending sales continue their strong trend. Overall pending sales for the 12 months ending November 2010 increased 7 percent.
Overall condo pending sales for the 12 months ending November 2010 increased 16 percent with 4,466 contracts compared to 3,849 contracts for the 12 months ending November 2009. Closed sales are up 24 percent overall.