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Naples Florida Real Estate Market News – January 2015

Naples Florida Real Estate Market News – January 2015

 

LISTED, PENDED, CLOSED YEAR TO DATE JANUARY 2015

Market Report JAN 2015.indd

LISTED, PENDED, CLOSED MONTH OF JANUARY 2015

Market Report JAN 2015.indd

BREAKDOWN BY PRICE CATEGORY YEAR TO DATE JANUARY 2015

(This chart shows the percentage of the market represented by each price segment).

Market Report JAN 2015.indd

CLOSED SALES

  • The number of closed sales during the past 12 months continues to show a gain over prior year even though sales in the month of January slowed
    from the January 2014 level.
  • The number of January closings is the second highest on record for the month (2000 – 2015).
  • The number of closings in the past 12 months priced above $2 million outpaced all other price categories with a 25% increase over prior year.
 PENDED SALES
  • January pended sales in Naples remained approximately the same as 2014 (down less than 2%) while Bonita/Estero pended sales declined 11%.
  • January pended sales is the second highest on record for the month, exceeded only by January 2014, which replaced January 2005 as the new high
    for the month.

NEW LISTINGS/INVENTORY

  • On February 1, 2015, available inventory in the combined Naples, Bonita Springs, Estero market stands at 5,380 units (2,353 condominiums and
    3,027 single family homes). This is a 9% decrease from February 1, 2014 and represents a 4.9 month supply based on closings for the past 12
    months (supply on this date 2014 was 5.8 months).
  • In Naples, the supply of condominiums decreased 18% while the number of available single family homes increased by approximately 5%. In
    Bonita/Estero both condominium and single family home supplies decreased, with condominiums down 27% and single family homes down 7%.

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2014 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.”