Naples MLS Stats for April 2006

MLS Stats released for improved residential property (not lots) for all Naples MLS users for April 2006.

Pending transactions for the month of:

April 2006: 408 Down 58%
April 2005: 975

Transactions (sales) for April were a little lower than March as we start the summer season. As a result of the slowing market, we are starting to see some developers suspending sales and returning deposits with others offering incentives to buyers and bonuses to agents. All signs seem to indicate that a large part of the market may remain slower for sometime with prices likely to continue moving lower before the “end user” buyer returns to the market.

Pending transactions for the month of:

Apr/2006: 408
Mar/2006: 445
Feb/2006: 428
Jan/2006: 402
Dec/2005: 321
Nov/2005: 378
Oct/2005: 355
Sep/2005: 522
Aug/2005: 620

The figures shown are the pending transactions giving you the leading indicator, showing the current number of transactions (sales) for the month.
Information was retrieved from SunshineMLS.