Naples Real Estate - Monthly Market Update for September, 2010

New Listings

*All Residential Types, excluding Multi-Family, data from Sunshine MLS

  • Foreclosures/REO: 224 Listings Total.  Currently there are 131 Active, 15 Active w/ Contract and 78 Pending.  One Pending that was listed for $1,000,000.  The highest foreclosure listed was for $2,250,000. and the lowest foreclosure listed was for $13,500
  • Short Sales: 227 Listings Total.  Currently there are 152 Active, 55 Active w/ Contract and 20 Pending.  The highest short sale listed was for $3,950,778 and the lowest short sale listed was for $23,500
  • Traditional: 671 Listings Total.  Currently there are 620 Active, 27 Active w/ Contract and 24 Pending.  The highest traditional property listed was for a whopping $30,000,000! and the lowest traditional property listed was for $24,900.  There were 84 Traditional listings at $1,000,000 or greater.

Closed Sales

*All Property Types

  • Foreclosures/REO: 137 Total.  The highest sold foreclosure sold for $565,000.  The lowest priced foreclosure sold for $13,500.  The Average Price of all sold foreclosures was $127,634 with an average of 70 Days On Market.  The average Price Per Square Foot was $80/psf.  The average Sold Price to List Price was 97%
  • Short Sales: 96 Total.  The highest short sale sold for $2,450,000.  The lowest priced short sale sold for $40,000.  The Average Price for all sold short sales was $210,114 with an average of 246 Days On Market.  The average Price Per Square Foot was $127/psf.  The average Sold Price to List Price was 95%
  • Traditional: 230 Total.  The highest priced traditional property sold for $4,000,000 (Two sold for $4M)  There were a total of 31 traditional properties that sold for $1,000,000 or more.  The lowest traditional property sold for $1,200, (YES $1,200!!).  The Average Price for all sold traditional properties was $494,934 with an average of 189 Days On Market.  The average Price Per Square Foot was $241/psf.  The average Sold Price to List Price was 91%

If you are interested in buying or selling, please feel free to contact me with any questions or concerns you may have.  My team covers all of Lee and Collier counties

 

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