Closed Sales:
• YTD closed units up 6% from 2007. Volume down approximately 14%.
• Closings for the month of June are essentially same as June 2007 (546 this year vs 550 in June 2007).
• Median sales price down almost 16% compared to YTD June 2007. Average sales price down approximately 19%.
• Closed units under $500,000 represent 70% of all closings YTD. For the same period 2007, this segment represented 61% of closings.
• Closed sales over $1 million represent approximately 13% of the YTD June market. For the same period 2007, this category comprised 17% of all closed sales. (526 properties in 2007 vs 412 in 2008).
Pended Sales:
• June pended sales units are up 46% over June 2007. (Naples up almost 50% and Bonita / Estero up 34%)
• YTD pended sales exceed 2007 by 10%.
• Pended sales over $2 million are down 32% from 2007.
• Pended sales under $500,000 up 36%.
Listings:
• Number of new listings taken in June approximately same as June 2007 (1,976 vs 1,974)
• New listings taken YTD June down approximately 5% compared to same period 2007.
• Active listings on July 1, 2008 for combined NA-BN-ES areas is 13,551 (7,055 single family and 6,496 condos). This represents a 4% decline from May."
"This report represents the combined Naples, Bonita Springs, Estero market. Numbers may vary among various GEO codes so be sure to research individual market segments carefully."
*Disclaimer: All information from Sunshine MLS. Accuracy is deemed correct but not warranted.
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Garren Grup, REALTOR
Delivering Notworthy Results in Naples & the Beachfront!
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