Naples November 2007 Housing Sales Report

Here is the update of the housing report for residential sales for the month of November.

  • There were 282 total residential properties sold.
  • Condo sales accounted for 133.
  • Single family homes accounted for 149.
  • Of the single family sales, 24 were 2 bedrooms or less, 80 were 3 bedrooms and 45 were 4 bedrooms or more.
  • The majority of the condo sales were in the $200k to 400K range.
  • Majority of the properties were on the market for 121 days or more.
  • Financing consisted of 125 or 44% cash, 135 or 47% convential loans, 11 other types of financing and 10 were owner financing.

Currently there are approximately 11,000 active listings in the Naples area.

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