Release Date: February, 2016
• Overall pending sales decreased 23 percent to 847 in January 2016 from 1,103 in January 2015.
• Pending sales for condominiums in the $1 million to $2 million price category increased 14 percent to 32 condominiums in January 2016 from 28 condominiums in January 2015.
• Pending sales for condominiums in the $2 million and above price category spiked 100 percent to 22 condominiums in January 2016 from 11 condominiums in January 2015.
• Overall closed sales decreased 1 percent to 9,712 homes in the 12-months ending January 2016 from 9,827 homes in the 12-months ending January 2015.
• Closed sales for single-family homes in the Immokalee/Ave Maria area rose 78 percent to 48 singlefamily homes in the 12-months ending January 2016 from 27 single-family homes in the 12-months ending January 2015.
• Overall median closed price increased 13 percent to $309,000 in the 12-months ending January 2016 from $273,000 in the 12-months ending January 2015.
• Overall median closed price for homes over $300,000 decreased 4 percent to $520,000 in the 12-months ending January 2016 from $540,000 in the 12-months ending January 2015.
• Overall inventory increased 13 percent to 5,091 homes in January 2016 from 4,515 homes in January 2015.
• Average days on market decreased 14 percent to 75 days in January 2016 from 87 days in January 2015.