March 2012 Naples Real Estate Market Report
- Overall pending sales increased 55 percent in the $500,000 to $ 1 million category February 2011 to February 2012
- Overall closed sales increased 70 percent in the $2 million plus category February 2011 to February 2012
- Median closed prices overall are up 5 percent from February 2011 to February 2012
- Overall inventory reduced 17 percent from February 2011 to February 2012
- Overall average DOM (Days on the Market) decreased 4 percent from February 2011 to February 2012
- Overall pending sales increased 11 percent in the $300,000 to $500,000 category and 17 percent in the $500,000 to $ 1 million category 12-month ending
- Closed sales increased 13 percent in the $ 1 million to $2 million category 12-month ending
- Naples Beach area pending sales increased 17 percent and closed sales increased 20 percent 12-month ending
Selling Real Estate for Naples, Florida.