Current Housing Market Conditions - by Scott Pearson


According to Naples Area Board of Realtors over all pending sales in the $300,000 to $500,000 range are up 20% over the same 12 month period ending February 2012 (1,397 to 1,677 units). In the $500,000 to $1 million range pending sales are up 17% (1,023 to 1,193 units). The $1 million to $2 million category has increased 26% (422 to 532 units). The $2 million plus market went from 257 units to 315 units pending over last year, that is a 23% increase. 

Another segment of the market seeing very positive signs is the condominium market. Overall pending sales are up 32% over 2012.

Scott Pearson GRI, CRS


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