Naples November 2007 Housing Sales Report
Posted on December 10th, 2007 by Rick Bethem
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.