Sales for April 2006

Below is the number of properties that have gone to contract in Cedar Hammock, Forest Glen, Naples Heritage and Naples Lakes for April 2006. "Pending" means the property is under contract but may not have closed with title transfer at this time.

Also note we had a total of 94 price reductions for the month of April in the four communities. As you can see we still have a large supply of properties for sale and continue to see prices moving lower with the large number of price reductions. The overall Naples real estate market continues to experience similar activity as Cedar Hammock, Forest Glen, Naples Heritage and Naples Lakes. Should you desire a list of properties that have sold and those pending please contact me.

Cedar Hammock: Number pending for April/06 - 4
Forest Glen: Number pending for April/06 - 3
Naples Heritage: Number pending for April/06 - 3
Naples Lakes: Number pending for April/06 - 3
Total number of properties pending for April/06 - 13

Number of properties currently listed For Sale in Cedar Hammock, Forest Glen, Naples Heritage and Naples Lakes as of May 1, 2006:

Cedar Hammock: 55
Forest Glen: 84
Naples Heritage: 35
Naples Lakes: 72
Total: 246

(Information retrieved from SunshineMLS 5/1/06.)