Naples Area Board Of Realtors 2015 Real Estate Annual Report

Naples Area Board Of Realtors 2015 Real Estate Annual Report

Naples, Fla.(January 22, 2015) -Activity in the housing market for much of Collier County in 2015 looked like year-end activity in 2014, according to broker analysts who reviewed the Annual, 4th Quarter and December 2015 Market Reports released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island).

The NABOR® 2015 Annual Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary.

  • Overall pending sales decreased 1 percent from 10,494 homes in 2014 to 10,366 homes in 2015.

  • Pending sales for single-family homes in the $300,000 and below price category decreased 30 percent from 2,394 single-family homes in 2014 to 1,686 single-family homes in 2015.

  • Overall closed sales decreased 2 percent from 9,902 homes in 2014 to 9,751 homes in 2015.

  • Closed sales for condominiums in the $300,000 to $500,000 price category increased 26 percent from 773 condominiums in 2014 to 972 condominiums in 2015.

  • Overall median closed price increased 14 percent from $270,000 in 2014 to $308,000 in 2015.

  • Overall median closed price for homes over $300,000 decreased 3 percent from $536,000 in 2014 to $520,000 in 2015.

  • Overall median closed price for homes in the Immokalee/Ave Maria geographic area increased 42 percent from $151,000 in 2014 to $215,000 in 2015.

  • Overall inventory increased 1 percent from 4,351 in 2014 to 4,408 in 2015.

  • There is a 5.42 months’ supply of inventory.

  • Average days on market decreased 10 percent from 87 days in 2014 to 78 days in 2015.

  • Average days on market for condominiums in the $2 million and above price category decreased 40 percent from 136 days in 2014 to 82 days in 2015.

Please contact me directly to discuss how market trends effect the sale or purchase of real estate in Southwest Florida,

Fay Bamond Headshot
Phone: 239-273-4006
Dated: January 22nd 2016
Views: 294
About Fay: Fay Bamond, PA, Broker Associate, provides buyers and sellers in-depth local knowledge, technologica...

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