The Naples Area Board of Realtors 2012 Annual Report
The Naples Area Board of Realtors 2012 Annual Report was recently released with some good information about sales within the greater Naples area. This report tracks and provides comparisons of both single family homes and condos sales in 2011 and 2012, and breaks them down into price ranges and location segments. Here are some of the *statistics which I found to be particularly noteworthy:
Overall closed sales increased 9% in 2012 over 2011. The price range between $300,000 to $500,000 saw a 20% increase. The greatest jump was in the $500,000 to $1 million category where Naples saw a 29% jump!
Over all inventory decreased by 13%. Sales that are pended with contingencies are still included in the inventory number.
Overall median closed price increased a remarkable 17% from $175,000 in 2011 to $204,000 in 2012.
The sales along the beach, Naples Coastal areas, increased 15% with over 2,000 closed sales in 2012.
Presently in the Naples geographic areas there are only 5,676 active listings.
To view the entire report visit: Naples Area Here you will also find the 4th Quarter 2012 Market Statistics. If you would like additional information, or a specific neighborhood analysis, please call anyone on The Harris Peppe Team. We are standing by to assist you with all your housing needs. 239.370.0574
We can see that 2012 was a very good year, the numbers don’t lie, but I think 2013 is going to be even better! The unemployment rate in Collier County dropped below 8% to 7.8% last month. Tourism is up, and even the commercial market is seeing improvements. We are gaining momentum. I predict this is going to be a strong, sustainable recovery. Buyers this season are already saying, “I should have bought last year!”
For a virtual tour of all our listings log onto our award winning website today at: www.NaplesRealEstate.com or to search only $1 million plus Luxury homes and condos in Naples log onto www.NaplesPREVIEWS.com .
Thank you as always for reading my blog. Please let me know if you would like me to do research on something of particular interest to you.
Make it a great day!
The Naples Real Estate Blogger
*data derived from the Naples multiple listing system: SunshineMLS