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  • February Report Shows New Opportunities in Naples Housing Market

    March 22, 2016 by gbg_admin

    Release Date: March, 2016

    • Overall pending sales decreased 22 percent to 993 in February 2016 from 1,280 in February 2015.

    • Pending sales for single-family homes in the $500,000 to $1 million price category increased 42 percent to 126 single-family homes in February 2016 from 89 single-family homes in February 2015.

    • Overall closed sales decreased 2 percent to 9,595 homes in the 12-months ending February 2016 from 9,791 homes in the 12-months ending February 2015.

    • Overall median closed price increased 13 percent to $310,000 in the 12-months ending February 2016 from $275,000 in the 12-months ending February 2015.

    • Overall inventory increased27 percent to 5,577 homes in February 2016 from 4,406 homes in February 2015.

    • Condominium inventory for the $300,000 to $500,000 price category increased 54 percent to 718 condominiums in February 2016 from 465 condominiums in February 2015.

    • Average days on market decreased 15 percent to 79 days in February 2016 from 93 days in February 2015.

    Click here to see the press release!

    Click here to see the full report!

    Filed Under: Market Statistics


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    Coldwell Banker

    Residential Real Estate

    550 S 5th Ave.

    NAPLES, FL 34102

    Glenn Bradley Realtor

    Cell: +1 239.784.7844

    Office Phone: 239.384.5599

    Fax: 239.262.8349

    [email protected]

    www.houseofnaples.com

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