SEPTEMBER MARKET UPDATE


CLOSED SALES:

• Closed sales units through September are up 19% over the same period in 2009 and the highest for the period since 2005.
• Closed volume year-to-date is up 26%.
• Average sales price for the first nine months is up approximately 6% over 2009.
• Closed sales for the month of September are down 17% from September 2009, but remain the fourth strongest September since 2000.
• Closed sales priced above $ 1 million are up 38% through September when compared to prior year.

PENDED SALES:

• Pended sales units for September are down 15% from September 2009.
• The total number of pended sales year-to-date September is the highest for the period since 2005.
• Pended sales for properties priced above $ 1 million are up 27% through September over prior year.

NEW LISTINGS:

• The number of new listings placed on the market in September is down 5% from September 2009.
• The total number of new listings taken year-to-date September is at its lowest level for the period since 2005.
• Total available inventory in the Naples, Bonita Springs, Estero market on October 1, 2010 represents a 6% decline from October 1, 2009.

FOR COMPLETE SEPTEMBER 2010 REPORT, CLICK:

http://www.johnrwood.com/template/images/upload/files/Statistics/Market%20Report%20SEPT%202010.pdf

Posted by: Linda Loomis, Realtor
John R. Wood Realtors
Naples FL
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