Posts Tagged Naples Area Statistics

Sat On The Fence To Long?????

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Going Once Going Twice……

If you have been sitting on the fence waiting for prices to drop……You may want to jump! With only 13 Developer units remaining in the Grande Preserve, Naples isn’t the only place with low inventory. In Naples the overall inventory is down 22% since this time last year.
We saw huge gains this August compared to August 2010 in the $2 million and up category. Closed condo sales in that price range were up 75% compared to last August! In the $1-2 million dollar range pending sales were up 54% and the overall Naples Beach area is up 31% in closed sales this August over last August.
In the Dunes alone there have been 6 new pending sales in the last month! Don’t let another year go by without buying in the Grande Preserve, by then it will be to late! Call the sales office for more information! 239-594-1700

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Fundraiser to Benefit American Cancer Society!

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The Dunes Community in North Naples “Drink for Cancer” payed off in a big way when Kevin McCune General Manager of the Plantation Club presented a check to the American Cancer Society for $33,644.00. The First annual “celebrity bartender”  fundraiser had all 7 buildings participating in a weekly Happy Hour, with friends and family bar-tending for tips to be donated to the American Cancer Society. The spirited competition between buildings and a substantial donation from Signature Communities the Developer that built The Dunes made the first annual event a huge success.  “These events help unite the entire community at the Dunes and is a real testament to the residents that live here.”

They celebrated this past Monday at the Tiki Bar with representatives Paul Gloerse and Melissa Wolf from the American Cancer Society on hand to personally thank all the participants in helping raise money towards the fight against Cancer.  “ Not only will monies raised support ongoing research efforts, it helps provide valuable services to people who need help. We have volunteers that drive patients to and from chemo treatments, provide wigs and prosthetics to patients and help find support in their area.” said Paul Gloerse from the American Cancer Society.

It was such a huge success the community would like to make it an annual event! The fundraising doesn’t stop there, they are also hosting a tennis tournament to help raise funds to help Japan on April 24th.

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Naples Market Update

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The Naples area housing market shows stability despite the challenges we faced this summer.   The inventory is at a historical low as we enter season. Available inventory decreased 4% to 8,800 properties in the third quarter of 2010 compared to 9209 in the third quarter of 2009.  According to NABOR (Naples Area Board of Realtors) pending sales increased by 20 percent ending September 2010! Closed sales of condo’s increased 45% from 3996 to 2749 in the 12 months ending September 2009, and the medium home price in the Naples Beach area rose 14% over September of last year.  All indications point to a stabilizing of the market, especially in the higher end.

Are you going to miss the market?

The Naples area housing market shows stability despite the challenges we faced this summer.   The inventory is at a historical low as we enter season. Available inventory decreased 4% to 8,800 properties in the third quarter of 2010 compared to 9209 in the third quarter of 2009.  According to NABOR (Naples Area Board of Realtors) pending sales increased by 20 percent ending September 2010! Closed sales of condo’s increased 45% from 3996 to 2749 in the 12 months ending September 2009, and the medium home price in the Naples Beach area rose 14% over September of last year.  All indications point to a stabilizing of the market, especially in the higher end.

Are you going to miss the market?

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Look at this, It’s Happening! Seller’s Market?

iStock_000002609529XSmall-1Naples Area Statistics for May 2010

Condo’s over $500,000-1 Million

36% increase in closed sales year to date

8 % increase in Median Home Price!

10% decrease in inventory!

NAPLES, Fla.-June 18, 2010- All geographic areas in Naples experienced a significant increase in both pending and closed sales in May 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).
For the 12 months ending May 2010, overall pending sales in all geographic areas increased 47 percent from the 12 months ending May 2009. The increase ranged from 33 percent in East Naples to 56 percent in South Naples. “Sales are increasing in not only all geographic locations but in all price ranges as well. This is a good sign,” said Tom Bringardner, President of Premier Properties.

The median closed price increased 9 percent in May 2009.

The report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges, geographic segmentation and includes an overall market summary. Overall pending sales increased 9 percent to 887 contracts in May 2010 compared to 812 contracts in May 2009. For the 12 months ending May 2010, closed sales increased 48 percent with 8,152 sales compared to 5,495 sales for the 12 months ending May 2009.
Single-family pending sales saw a 10 percent increase with 477 contracts in May 2010 compared to 433 contracts in May 2009.
Condo sales saw a 25 percent increase with 398 sales in May 2010 compared to 318 sales in May 2009.
The available inventory decreased 10 percent to 9,006 in May 2010 compared to 10,046 in the same month last year.
All signs point to the beginning of a sellers market in some areas

some portions of this article taken from NABOR

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