Single-family home, condo sales increase

Name of Realtor selling the home: Darlene Rice
Name of agency Realtor is with: Royal Shell Real Estate
Square footage: 2,170
No. of bedrooms: 3
No. of bathrooms: 2
Address of home sold: 28839 Winthrop Circle
Subdivision: Vanderbilt Lakes
City: Bonita Springs
County: Lee
Date of sale: Feb. 3, 2012
Sale price: $397,000
Contact information: (239) 325-3537

Name of Realtor selling the home: Darlene Rice Name of agency Realtor is with: Royal Shell Real Estate Square footage: 2,170 No. of bedrooms: 3 No. of bathrooms: 2 Address of home sold: 28839 Winthrop Circle Subdivision: Vanderbilt Lakes City: Bonita Springs County: Lee Date of sale: Feb. 3, 2012 Sale price: $397,000 Contact information: (239) 325-3537

— Pending sales of Naples-area mid-priced single-family homes and condos surged 29 percent in January, according to a report released Friday by the Naples Area Board of Realtors tracking home listings and sales.

The overall market saw 8,295 closed sales for the 12 months ending in January, up from 7,879 — or 5 percent — from the 12 months ending in January 2011.

Overall pending sales in the $300,000 to $500,000 category increased 34 percent from 115 in the 12 months ending in January 2011 to 154 in same period ending January 2012.

There were 379 closed sales in the $1 million to $2 million category in the 12 months ending in January. That was up 13 percent from 336 closed sales in the previous year.

Inventory dropped 19 percent from 9,388 properties in January 2011 to 7,860 this year.

Average days on the market in the $500,000 to $1 million category decreased 10 percent from 213 in the previous year to 192 in January.

NABOR's report tracks sales made through the Naples association's multiple listing service, or MLS, in Collier County, excluding Marco Island.

© 2012 marconews.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Discuss
  • Print

Related Stories

Related Links

Comments » 0

Be the first to post a comment!

Share your thoughts

Comments are the sole responsibility of the person posting them. You agree not to post comments that are off topic, defamatory, obscene, abusive, threatening or an invasion of privacy. Violators may be banned. Click here for our full user agreement.

Comments can be shared on Facebook and Yahoo!. Add both options by connecting your profiles.

Features