Naples Market Strong
The gap between list price and sales price continues to narrow, indicating that properties are priced accurately for local market conditions. With inventory dwindling, sellers have had more control as they wait for offers nearer to the list price.
Overall Median Closed Sales Price +9 percent:
June 212 = $190,000 June 2011 = $175,000
Overall Inventory Down 12 percent:
June 2012 = 6,310 properties June 2011 = 7,208
Closed Sales $500-$1-million price category + 12 percent
Closed Sales $1-2million price category + 10 percent
Bonita Springs-Estero Trends
When comparing the Bonita Springs-Estero market this June against just one year ago, some interesting facts emerge. the June 2012 median sales price in the luxury market $1 Mil+ was exactly the same as one year ago at $1,405,000, but the number of luxury sales has increased by 50 percent. Two of the top ten June sales were located on Bonita Beach while all the others were in gated golf course communities.
Closed Sales (19 percent increase): June 2012 = 257 June 2011 = 216
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