Naples Condo Activity - Aug. 07
Naples condo activity for the month of August 2007 with comparative activity for the 2006 is shown in the table below. Overall, due to the changes in activity levels - it would appear that the inventory of available condominiums is slowly working down. The median price for Naples condos sold in August showed about a 1.5% decrease.
New listings, properties coming on the market are lower than last August. Pending sales, those condominiums where a contract to purchase has been successfully negotiated are lower. Closed sales of condominiums are lower. Median price paid for a condominium is down slightly - about 1.5%. Days on market have increased slightly. Condominiums that failed to sell increased slightly.
|
|
2007 |
2006 |
|
New listings - number |
528 |
670 |
|
Pending sales - number |
109 |
131 |
|
Closed sales - number |
105 |
121 |
|
Closed sales - median price |
$315,000 |
$319,900 |
|
Closed sales - Days on market |
173 |
116 |
|
Expired Listings |
423 |
409 |
The above statistics do not included manufactured condos nor condominiums located within Marco Island and come from the SunshineMLS as of September 4, 2007.
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