August sales of Naples-area homes rise along with median price

The number of sales pending in August also increased from last year's level

Miami /
Sep.September 30, 2017 10:00 AM

August sales of Naples-area homes, median home prices and pending sales all increased from the same month last year.

The Naples Area Board of Realtors reported 685 closed sales of houses and condos in August, up from 654 in August 2016. The median sale price rose to $328,000 in $320,000.

Pending sales of houses and condos totaled 829 in August, up sharply from 734 last year.

The median price of August house sales rose to $422,000 last month from $384,000 in August 2016, while the median condo price moved up to $250,000 from $232,000 last year.

The average number of days on the market for house and condos sold in August crept up to 95 days from 88 days last year.

The Naples Area Board of Realtors also reported growth in the August number of listings for houses and condos.

Active listings of Naples-area houses in August rose to 4,807 from 4,787 last year, and condo listings increased to 2,361 from 2,233.


Related Articles

arrow_forward_ios
Oprah Winfrey and (inset) Lawrence Stroll over the unit (Getty)

You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse

You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
Richard Swerdlow and Bruce Goldstein 

Betting on distress: Bulk condo website launches, aimed at investors

Betting on distress: Bulk condo website launches, aimed at investors
Nick Pérez and Solemar (Courtesy of Related)

Related Group launches sales of first SoFla condo project since 2016

Related Group launches sales of first SoFla condo project since 2016
From left: Henry Torres, Jorge Perez, Alicia Cervera Lamadrid, Gil Dezer and Joseph Kavana (iStock)

“Anything and everything is negotiable”: Incentives for condo buyers mount in Miami

“Anything and everything is negotiable”: Incentives for condo buyers mount in Miami
(iStock)

A buyer’s market: Condo supply soars in downtown Miami

A buyer’s market: Condo supply soars in downtown Miami
Judge gives Regalia developer A year to sell remaining units

Bankruptcy judge gives Regalia developer a year to sell PH and beach house

Bankruptcy judge gives Regalia developer a year to sell PH and beach house
Alta Developers CEO Raimundo Onetto and Le Parc at Brickell rendering

Le Parc at Brickell condo association sues Alta Developers and partner for alleged construction defects

Le Parc at Brickell condo association sues Alta Developers and partner for alleged construction defects
(Credit: iStock)

Luxury condo prices drop in downtown Miami amid lockdown

Luxury condo prices drop in downtown Miami amid lockdown
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...