New contracts (pending sales) for residential homes were off the charts for March 2009 in Naples. And with 423 properties already closed in April, plus 1,075 pending, we are looking to surpass March averages.The luxury real estate market is also trending higher. A $16.4 Million dollar beachfront home sold for cash on April 17th.
Meanwhile, the median sold price for residential homes continues to decline.
In recap, sales are up and prices are down. It's a buyers market in Naples Florida Real Estate.
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