580 15th Avenue S., Aqualane Shores, Open 1-4 pm, Sunday 11/17/13 or call Scott for a private viewing: 239-300-3534
NAPLES BEACH AREA SALES ACTIVITY THROUGH 11/16/13
ALL OF NAPLES:
- 4,507 Active, 885 Pending with Contingencies, 800 Pending, 8,527 Closed
(Last Week)
- 4,413 Active, 882 Pending with Contingencies, 793 Pending, 8,531 Closed
VANDERBILT BEACH:
- 113 Active, 09 Pending w/, 07 Pending, 139 Closed
(Last Week)
- 110 Active, 11 Pending w/, 07 Pending, 134 Closed
PELICAN BAY:
- 189 Active, 13 Pending Contingent, 12 Pending, 343 Closed
(Last Week)
- 183 Active, 15 Pending Contingent, 12 Pending, 339 Closed
PARK SHORE, MOORINGS AND COQUINA:
- 357 Active, 41 Pending w/, 26 Pending, 522 Closed
(Last Week)
- 347 Active, 40 Pending w/, 26 Pending, 517 Closed
OLD NAPLES:
- 137 Active, 12 Pending w/, 19 Pending, 222 Closed
(Last Week)
- 137 Active, 12 Pending w/, 19 Pending, 222 Closed
AQUALANE SHORES:
- 24 Active, 1 Pending w/, 0 Pending, 17 Closed
(Last Week)
- 25 Active, 1 Pending w/, 0 Pending, 17 Closed
PORT ROYAL AREA:
- 49 Active, 2 Pending w/, 0 Pending, 32 Closed
(Last Week)
- 49 Active, 1 Pending w/, 0 Pending, 32 Closed
ROYAL HARBOR AREA:
- 105 Active, 21 Pending w/, 03 Pending, 130 Closed
(Last Week)
- 101 Active, 16 Pending w/, 03 Pending, 125 Closed
NAPLES REAL ESTATE NEWS
Big news in this years third quarter month ending October:
Overall days on the market decreased 37 percent, according to a report released by NABOR (Naples Area Board of REALTORS®). We had an 18 percent decrease in inventory overall as well.
NABOR goes on to report comparisons of single-family home and condominium sales, price ranges, and geographic segmentation and includes an overall market summary. Here are the statistics:
The overall average Days on the Market (DOM) decreased 37 percent from 172 days in October 2012 to 109 days in October 2013.
Overall closed sales in the $2 million and above segment increased 46 percent from 213 in the 12-months ending October 2012 to 311 in the 12-months ending October 2013.
Condominium closed sales increased 14 percent from 4,489 closed sales in the 12-months ending October 2012 to 5,129 closed sales in the 12-months ending October 2013.
The North Naples (34109, 34110, 34119) area's overall pending sales increased 7 percent reflecting 2,954 pending sales in the 12-months ending October 2013 compared to 2,768 pending sales in the 12-months ending October 2012.
Overall inventory decreased by 18 percent from 6,409 properties in October 2012 to 5,256 properties in October 2013. Pending sales with contingent contracts are included in the overall numbers.
We are seeing multiple offers again and had a very active summer season full of sales. It was as if high season never ended. We are gearing up for a busy 2014.
Give me a call if you are thinking about putting your home on the market or if you're looking to lock into a new home before high season begins.
Scott Pearson GRI, CRS