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NABOR Reports August 2012 Real Estate Transactions
DWINDLING INVENTORY DRIVES HOME PRICES UP
Release Date: Friday, September 14, 2012
- Pending Sales: Increased 16% in the $500K-$1M category and 10% in the $1M-$2M category 12-month ending
- Closed Sales: Increased 16% in the $500K-$1M category and 12% in the $1M-$2M categories 12-month ending
- Median Closed Price: Increased 10% overall 12-month ending
- Inventory: Decreased 13% AUG 2011 - AUG 2012
- Average DOM: Decreased 55% in the in the $2M+ category AUG 2011 - AUG 2012
- Naples Beach area Pending Sales increased 10% and Closed Sales increased 9% 12-month ending
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