July Market Data!

This report represents the combined Naples, Bonita Springs, Estero market. Numbers may vary among various
GEO codes so be sure to research individual market segments carefully.
Disclaimer: All information from Sunshine MLS. Accuracy is deemed correct but not warranted.

CLOSED SALES
• Closed units in July were up 33% over July 2007 and the highest July since July 2005.
• Year-to-date closed units up 10% over same period 2007. Volume down 12%.
• Median sales price year-to-date July is down 17% from July 2007. Average sales price down 19%.
• Year-to-date sales under $500,000 represent 70% of all closed sales and are the only price segment showing
an increase over prior year.
PENDED SALES
• July pended sales were up 65% over July 2007. Naples up 72% and Bonita / Estero up 40%.
• Cumulative pended sales for the first 7 months of 2008 are up 16% over prior year.
• Pended sales over $2 million have exceeded same month, prior year for May, June and July, indicating some
strengthening in this market segment.
LISTINGS
• Number of new listings taken in July is less than 2% greater than July 2007.
• Active listing inventory on August 1, 2008 stands at 13,274 in the Naples, Bonita, Estero combined markets
(6348 condominiums and 6926 single family homes). This represents a 4% decline from August 1, 2007.