Shrinking Inventory of Naples Condos

The Naples condos available for sale has seen dramatic reductions in the number of units since January 2008.

The graph below depicts the reduction from January 2008 to April 2010 on a month to month basis.

Learn more about Naples Florida real estate and condos.

Sphere: Related Content

Median Sold Prices for Naples Condos

Below is a graphical presentation of the median sold prices for Naples condos from January 2008 to April 2010.



The median sold price has been increasing for the 4 months of 2010. The prices were stable during 2009.

Learn more about Naples condos for sale.

Sphere: Related Content

April 2010 Naples Condo Real Estate Statistics

The Naples condo market during the month of April showed significant improvement in a year over year comparison. The median sold price increased 9 percent, closed sales increased 76 percent, pending sales increased 76 percent, and the number of condos for sale declined 22 percent. Still a buyer’s market, but much weaker than last year.
Median [read more]
Click here to learn about Naples real estate.

Sphere: Related Content

Naples Condos for Sale – March

The condominiums for sale in Naples continue to show signs of improvement. While still a buyer’s market, the number of condos available for sale increased slightly while the months declined from the previous month.
The month of March started with 4155 condos available for sale in the Naples area. Last March 5207 condos were for sale [read more]
Click here to learn about Naples condos for sale.

Sphere: Related Content

Naples Condos Market Report

The Naples condominium real estate continues to show improvement.

The year over year analysis shows:

• Last November 705 condos were listed for sale. During November of this year 615 condos were listed for sale. The reduction is 90 less condos coming on the market.
• In November 2007 a total of 93 condos were sold. This year in November 214 condos were sold - an increase of 121 units! A percentage increase of an outstanding 130 percent.
• The pending sales increased from last November's 144 to 392 pending sales in November 2009. This represents an increase 172 percent!
• This November the median sold price declined from last year's $195,000 to $155,000. The decline was about 21 percent.

November 2009 ended with 4115 Naples condos for sale versus last year's 5,079. These figures represent 17.9 and 30.1, respectively, months of inventory to be sold

Sphere: Related Content