Naples & Bonita Beachfront

head_left_image

August Homes sales perform as expected in the Naples area, year to date sales Soar!

August numbers for Naples FL real estate confirmed what we already knew  - that pended sales were definitely impacted by the oil spill news.  The good news is that even though there were fewer sales this August than in 2009, it was still the second highest number of sales for the month in the ten years for which we have data.  

Total inventory  in the combined Naples, Bonita Springs, Estero market is at its lowest level in four years.   Available supply of units is down 29% from its 2007 high.  Although the number of new listings being placed in inventory during the month was up slightly from the prior year, listings taken year-to-date remain behind last year. 

Activity through the first 13 days of September has increased, and written sales are well ahead of the same period for September 2009 at this point.   

John R. Wood Realtors remains Number One in Closed Volume in the market!  Congratulations to a great sales team and support staff!

 

naples florida real estate, 2010 2nd quarter housing market report, bonita springs florida homes, condo sales, neighborhood reports

 

Closed Sales

 The number of closed sales through August is up 21.5% over the same period 2009, and second only to 2005 during the past ten years.

 Closed volume is up 31.6%.

 Average sales price year-to-date August is at its lowest level since 2001.

 Closed sales for the month of August are down 12% from August 2009.

 

Pended SALES

 Pended sales units for the month of August were down 17% from August 2009.

 The total number of sales pended year-to-date August are the highest since 2005, and are up 8% over the same period 2009.

 Pended sales priced over $1,000,000 are up 33% for the first eight months of 2010 when compared with the same period 2009.

 

NEW LISTINGS

 The number of new listings taken in August is up 6% over August 2009.

 The total number of new listings taken year-to-date is the lowest for the period since August 2005.

 Total available inventory in the Naples, Bonita Springs, Estero market on September 1, 2010 stands at 9, 814 units (4,998 condominiums and 4,816 single family homes). This represents a 6% decrease from September 1, 2009, and just under a one year supply based on the past 12 months absorption rate.



Links to the PDF Reports are below:

Market Report for August 2010

Neighborhood Snapshot Report for the Month of August 2010

 

For more information, connect with me:
Follow Garren Grup on Twitter @BuyUpNaples Befriend Garren Grup on Facebook Garren's E-mail Form Garren's Profile on ActiveRain Real Estate Add Garren Grup as a Connection on LinkedIN Connect with Garren Grup on Plaxo

 

Sellers are welcome to Call, Email or Connect with Garren for additional market information
or Search for properties at www.HomesInNaplestoBonita.com

Buyers, Check out the newest Home Search website
I have launched with a larger picture format to help you
Find and View ALL Homes in Naples, Bonita Springs, Estero & Fort Myers Beach Areas

Garren Grup is a Real Estate Consultant, REALTOR®, ABR, GRI, CDPE, SFR

Noteworthy Results in Luxury properties, Golf course homes, beachfront and vacation foreclosures!

 

"The source of this real property information is the copyrighted and proprietary database compilation of Sunshine MLS, LLC. Copyright 2010 Sunshine MLS, LLC. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it." SunshineMLS covers Collier & Lee Counties in Florida.

 

Comment balloon 0 commentsGarren Grup • September 27 2010 09:10PM
August Homes sales perform as expected in the Naples area, year to…
share
August numbers for Naples FL real estate confirmed what we already knew - that pended sales were definitely impacted by the oil spill news. The good news is that even though there were fewer sales this August than in 2009, it was still the second… more
Naples and Bonita Springs Area Developments, Inventory and Community…
share
Those seeking information on a specific Naples FL Area neighborhood or area who may be relocating can learn a lot about the area by tracking and viewing the sales and available home inventory. One of the best methods for evaluating the available… more
Naples Home with Boat access, under 2 miles to two or Florida's Beast…
share
OPEN Sunday Oct 10th from 1-4PM If you missed it Call Garren for a Private showing at 239-289-8619 $249, 000 H. 5250 - Granite countertops and new cabinets in this updated Naples home just 1. 8 miles from the beach! A community boat ramp offers a… more
Barefoot Beach Homes in Naples and Bonita Springs Florida - Seller…
share
187 Topanga Dr., Barefoot Beach $1, 189, 000 H. 2876 - Seller Financing* available for well qualified & Foreign Nationals. Home is ALREADY PRICED AT LOT value! Relaxed living in this bay home in Barefoot Beach at an unprecedented price! Just steps… more