CLOSED SALES:

• Year-to-date closed sales are up 13% over 2009 and closed volume is up 20%.
• All price segments show increases over prior year, with properties priced above $ 1,000,000 posting the largest increase.
• Closed sales for the month of November were down 14% from November 2009, but remained the third highest for the month during the past 11 years.

PENDED SALES:

• Pended sales remained strong in November, posting the second highest number of sales for the month during the past 11 years.
• Properties priced under $250,000 continue to comprise 66% of pended sales, approximately the same percentage (for the period) as 2009.
• The price segment between $ 1,000,000 and $ 2,000,000 showed the largest gain over prior year with a 24% increase.

NEW LISTINGS:

• New listings taken in November were up 10% over November 2009.
• Year-to-date, the number of properties placed in inventory is down 4% from prior year.
• Active inventory stands at approximately the same level as November 2009.

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

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