The link below is an article from the Naples Daily News on Saturday May 16th 2009. The article provides an update on sales and pricing trends for the Naples market year to date. The key points are that sales and pending sales trends are encouraging, 71% of total sales have occured in the $300,000 or less segment of the market and median prices are down 42% from last year. It is important to note that the sales strength of the $300,000 or less segment is impacting the median price performance. Overall it is encouraging that transactions are clearly increasing and the demand is growing in this market.
http://www.naplesnews.com/news/2009/may/15/april-home-sales-median-price-down-42-percent-napl/Labels: Naples Real Estate