...in Overall Pending Sales. So the headline and sub-headline reads in the most recent press release from NABOR - Naples Area Board of Realtors - about the real estate market data for August of 2008.
Notable points:
- In the over $300,000 category, home prices increased 5% in August of 2008 versus August of 2007
- There is increased sales activity in the under $300,000 segment
- All other categories are stabilizing and trending upward
- All geographic areas show a 13% increase in overall pending home sales
NABOR Summary:
- For the geographic areas tracked, overall pending home sales increased 92% to 527 compared to 274 inin August year-over-year
- For properties under $300,000 there was a 275% increase in overall pending home sales year-over-year.
- Single-family pending home sales increased 103% year-over-year.
- Condo sales increased 24% year-over-year.
Click here to download the market data charts. Scroll to the bottom of the page.
