CLOSED SALES UP 50 PERCENT
Report Shows Inventory Declines 15 Percent

So reads the headlines from the March 12, 2010 press release from NABOR - Naples Area Board of Realtors which track listings and homes sales through the multiple listing service within Collier County excluding Marco Island.

The general theme from the PR is home sales continue to increase while prices stabilized. While homes sales have increase across the board (all price segments) a significant increase was noted in the above $300,000 price segment. Home sales volume in February are reported at 7,426 versus 4,951 over the same period last year, or a 50 percent increase.

It was also noted that during the local "season" (January, Ferbruary, March) the inventory of properties for sale usually increases as more sellers put their property on the market to take advantage of the influx of Winter residents. This year, during February, we saw the inventory drop to 9,682 from 11,427 available properties in 2009.

Pending sales jumped 76 percent also to 544 contracts compared to 309 year-over-year.

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Bob Pisa Downing-Frye Naples Bonita Estero

Naples, FL

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Downing-Frye Realty, Inc. Naples, FL

Address: 180 9th Street South, Ste 103, Naples, FL, 34102

Office Phone: (239) 261-2244 x 589

Cell Phone: (239) 898-6865

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Bob Pisa Downing-Frye Realty

Outstanding Performance Award: 2011
Gulfshore Life Magazine Five-Star Award: 2010, 2011, 2012

Author Bio: Bob Pisa moved to the Naples area after spending 30 years in the Boston area. He was raised in the metro-NYC area and graduated from the Rochester Institute of Technology (Rochester, NY) in 1974. His career has been primarily in high-technology manufacturing and enterprise software for multi-national companies. Bob was also a successful small business entrepreneur and ultimately sold his start up business after six years of operation to a major corporation. He is the former Vice President for the Grandezza Master Homeowner's Association (two terms) and former President of the Santa Lucia Homeowner's Association (three terms.) Bob attained his real estate license in 2005, and is working in commercial and residential real estate. He is a member of Naples Area Board of Realtors®, NAR, and Florida REALTORS.



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