Naples Area August Market Report
By Shannon Gilmore, CRS, Real Estate Sales Associate with Long and Foster
(Long and Foster Real Estate)
Well the numbers are out and it looks like August, usually one of the quieter months sales -wise here in the Naples area, ( including Bonita and Estero) was a pretty productive month. Closed units were up! The interesting thing is August 2008 reportedly had more sales than January, March or June of 2008. Another trend for August was that many fellow agents myself included had a lot of European and Canadian buyers in town during August. Another exciting bit of information is that the number of pended sales for August is the highest for August in the past 3 years! Much of what is selling is under $500k ( 71%) with 36% of sales under $250k. This is good news because it means that we are continuing to clear out some of the inventory and it also shows that there are great deals to be ha...
Comments
2