Naples May statistics record improvement according to the latest release from the Naples Area Board of Realtors (NABOR). In the monthly breakdown comparing figures from a year ago, the 2012 Naples May statistics record improvement in the Naples real estate market in virtually every category.
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A very telling figure when looking at market trends is closed sales during a month. Naples May statistics record improvement by over 9% in closed sales for the month over the same period a year ago. The gains span all price brackets and geographic areas. The most notable area of Naples is Naples Beach where monthly Naples May statistics record improvement in excess of 21%. Homes selling from $500,000 up to $1 million grew by more than 28% in May of this year compared to May, 2011, according to the NABOR report.
Naples May statistics record improvement in pending sales, which is another extremely important figure when analyzing market trends. This10 % overall gain was shared by most geographic areas, again led by Naples Beach, and all price points. To show that Naples May statistics record improvement is a continuing situation, inventory of homes presently on the market dropped by more than 13% for the month as opposed to May of the previous year.
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