The Naples Area Board of Realtors (NABOR) released a report last month regarding real estate Naples Florida, and compared home sales for the past two years in Collier County, except Marco Island. There were 7,840 total closings recorded in 2010, an increase of 10% over the 2009 number, with all price levels participating in the growth.
Homes that sold in excess of $1 million had the highest percentage increase of 27%, followed by those that closed between $500,000 and $1 million which grew nearly 20%. Properties closing for less than $300,000 accounted for 70% of the total yearly sales and experienced a 7.3% rise over the previous year.
The total number of Naples homes for sale, or inventory, is down slightly from 2009. Most price points were down in their figures with the $500,000 to $1 million category leading the way with a 10% drop. Only the under $300,000 price point showed an increase in the amount of homes for sale in Naples, Florida at the end of 2010 compared to the previous year...http://ChrisAndDick.com
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