November Market Reports For Naples, Bonita Springs & Estero

The new market reports for November are out and here's the news for our Naples, Bonita Springs & Estero Real Estate Market. Below is a summary, but please "Click Here" to view the full pdf version of the report. Please feel free to contact me with any questions regarding properties for sale or if you would like to list your home in the Naples, Bonita Springs, Estero area.

CLOSED SALES
• YTD November closed sales units up 19% over same period 2007. Volume is down 9%.
• YTD closed sales under $250,000 continue to dominate the market, showing a 121% increase over same period 2007.
• Closed sales for the month of November are up 10% over November 2007.
• Median sales price is down 22.5% from November 2007.

PENDED SALES
• Pended sales in November are up 44% over prior year period.
• 64% of newly pended sales are represented by properties under $250,000.

LISTINGS
• New listings taken year-to-date November are down 6% over prior year.
• Active listing inventory on December 1, 2008 stands at 13,873 in the combined Naples, Bonita Springs, Estero markets (7,141
single family homes and 6,732 condominiums). This represents a 6% decrease from December 1, 2007.

This report represents the combined Naples, Bonita Springs, Estero market. Numbers may vary among various
areas so be sure to research individual market segments carefully.
Disclaimer: All information from Sunshine MLS. Accuracy is deemed correct but not warranted.