Friday, December 08, 2006

Graph of Properties For Sale and Graph of Pending Sales.

Many times a graph can reflect a clearer image of the real estate market than just looking at the numbers. The above graph reflects the number of properties For Sale each month in the Naples area, excluding Marco Island and new construction from October/2005 to date. You may click on the graph to enlarge for viewing.

The graph below reflects the "Pending" transactions, the leading indicator, showing the current number of transactions (sales) for each month from January/2005 to date. The graphs show the increasing number of properties For Sale while showing the lower demand in the number of transactions. Should you have any questions please contact me.

Data retrieved from SunshineMLS for area NA01-NA48.