25.10.08

Home sales increase again in Naples

The buyers are still out in Naples.

In September, home sales activity increased again for local Realtors.

Pending sales — sales that have yet to close — grew 106 percent, while overall home sales grew 50 percent, according to a monthly report by the Naples Area Board of Realtors.

The report shows sales made through the SunshineMLS, or multiple listing service, in Collier County, excluding Marco Island. There were 361 total sales in September, up from 240 a year ago. Meanwhile, pending sales grew to 481, from 234 last year.

Pending sales are up in all six geographic areas that NABOR tracks, from Naples Beach to Immokalee. The biggest jump was seen in Central Naples, where they grew nearly 244 percent to 110, up from 32 last year.

The highest number of sales was in North Naples — at 104.

Pending sales have been up the last eight months over last year, according to NABOR’s report. Sales have been up for nearly that long.

There were 92 sales made in the $500,000 to more than $2 million categories, up from 75 a year ago.
Source: Naplesnews.com

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