Naples, FL Real Estate Market Report

September 2008

Report Shows 106 Percent Increase in Overall Pending Sales

For the eighth consecutive month, pending sales increased in the Naples area according to a report released by the Naples Area Board of REALTORS® (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island).

The report which provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges and geographic segmentation also includes an overall market summary. The statistics are presented in chart format, along with the following analysis:

  1. Overall pending home sales in the greater Naples Area, which includes Naples Beach, North Naples, Central Naples, South Naples, East Naples, Immokalee and Ave Maria, increased 106 percent, with 481 in September 2008 compared to 234 in September 2007. 
  2. Overall pending home sales for properties less than $300,000 saw a 264 percent increase with 320 in September 2008 compared to 88 in September 2007.
  3. Overall home sales increased 50 percent with 361 in September 2008 compared to 240 in September 2007.
  4. Single-family pending home sales increased 173 percent overall, with 319 in September 2008 compared to 117 in September 2007; Pending sales of single-family properties of less than $300,000 were 202 in September 2008 compared to 27 in September 2007, a 648 percent increase.
  5. Single-family home sales increased 50 percent overall, with 209 in September 2008 compared to 139 in September 2007.
  6. Overall condo sales increased 50 percent, with 152 in September 2008 versus 101 sales in September 2007; and pending condo sales under $300,000 increased 93 percent with 118 in September 2008 compared to 61 in September 2007.

You can see the complete September 2008 Naples Real Estate Market Report by clicking on the link below:

September 2008 Naples Market Statistics Report

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Located in Collier County, Naples offers homes and condominiums in a variety of areas – The Moorings, Venetian Bay, Gulf Shore Boulevard, Port Royal, Aqualane Shores, Old Naples (also known as Olde Naples), Vanderbilt Beach, Fifth Avenue, Third Street, Park Shore, Pelican Bay, Pelican Marsh, Bayfront, Quail West, Grey Oaks, Bay Colony, Colliers Reserve, The Dunes, Kensington, Windstar, Mediterra, Stonebridge, Lely Resort, and many more.

Take time to view our website and contact us with questions about the Real Estate market in Naples, Florida.