Transactions for 2006 to date

Below is the number of properties sold so far this year from 1/1/06 to 4/18/06, by community. Also note we had a total 56 price changes so far this month 4/1/06 to 4/18/06 in the four communities. As you can see from the numbers we had a very slow winter season with a large supply of properties for sale with few buyers. With the continued slowness we can expect prices to continue to soften in this correction phase until reaching a level of buyer interest. We continue to see reports of slowness in new construction with some new developments stopping or delaying development.

Cedar Hammock:
Number sold and closed 16
Number pending awaiting closing 7
Total sold & pending 23

Forest Glen:
Number sold and closed 8
Number pending awaiting closing 6
Total sold & pending 14

Naples Heritage:
Number sold and closed 3
Number pending awaiting closing 5
Total sold & pending 8

Naples Lakes:
Number sold and closed 5
Number pending awaiting closing 6
Total sold & pending 11

(Information retrieved from SunshineMLS 4/19/06.)