April Market Report 2015 For Naples Bonita Springs And Estero Market

Dated: 05/28/2015

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Here is your April Market report for Naples, Bonita Springs and Estero:


CLOSED SALES:

- Past 12 Months closings were 13,455 vs. 13,253 for 2014 reflecting a level demand. 

- Monthly closings were up slightly from April 2014 with year-to-dateclosings consistent with last year.

- Closed sales above $2,000,000 were consistent with last year on a month-by-month basis.

- Year-to-date, the sales pace is slightly higher moving from 186 sales in 2014 to 192 sales in 2015.

- For the past 12 months, 445 sales occurred in this price range vs. 399 in the prior 12 months, an 11.5% increase


NEW LISTINGS/INVENTORY

- Listing inventory in April decreased 2% year-over-year from 5,030 in 2014 to 4,918 in 2015. \

- In the past 12 months, a total of 18,480 new listings were added to the market, a similar number to the prior 12 months.

-Pending sales in April decreased 12% year-over-year from 2,880 in 2014 to 2,542 in 2015.

- The current 12-month rolling weighted average list price is $611,439 vs. $528,814 for the prior 12 months, a 16% increase in seller price expectations.

- The current 12-month rolling weighted median list price is $330,445 vs. $282,694 for the prior 12 months, a 17% increase in seller price expectations.


AVERAGE AND MEDIAN SALES PRICE

- Weighted average pricing in April 2015 increased 3.2% year-over-year from $524,782 in April 2014 to 541,649 in 2015.

- The weighted average pricing of sales over $2,000,000 increased 7.7% based on a rolling 12-month period ending in April 2015 vs. the prior 12 month period


As always, if you have any questions, feel free to contact us!

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Rowan Samuel

Rowan Samuel has lived many lives. Originally from Zimbabwe (Rhodesia), he and his family immigrated to the U.S. in 1980 to escape the brutal Mugabe regime - they lost everything when they came to Am....

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