tag:blogger.com,1999:blog-16681424.post-88905196537714965742007-06-16T11:45:00.000-04:002007-06-18T00:14:44.998-04:00This morning I pulled year to date <a href="http://www.amerivestrealtyofbonitasprings.com/">Bonita Springs, Florida</a> statistics from Sunshine MLS (the local MLS system) to determine how the 2007 season compared to 2006. I compared numbers from January 1 to May 31 for each year and found the following:<br /><br /><strong>Number of Pending Sales</strong><br />2006: 766<br />2007: 721<br /><strong>DOWN 5.9%</strong><br /><br /><strong>Median Price Average:</strong><br />2006: $432,180<br />2007: $388,317<br /><strong>DOWN 10.1%</strong><br /><strong></strong><br />So what does it mean? These numbers are no where near the poor pending numbers when comparing 2006 to 2005, a time where pending sales dropped<strong> 53.9%. </strong>Even better news is pricing, 2006 to 2005 had seen a gain in median prices by<strong> 26%</strong>, however we have only given <strong>10.1%</strong> back.<br /><br />This market rewards sellers who price their property correctly and severely penalizes those who don't. With residential inventory over <strong>3,400 units,</strong> buyers can find great value if they do their homework.<br /><br />Of course I recommend hiring a Realtor, our value is really apparent in a normal market like today.<br /><br /><a href="http://www.jbnaples.com/">Joe Ballarino</a><br />President &amp; Founder<br /><a href="http://www.amerivestrealty.com/">Amerivest Realty</a><div class="blogger-post-footer"><a href="http://www.amerivestrealty.com">Amerivest Realty</a> - <a href="http://www.amerivestrealtyofbonitasprings.com">Bonita Springs, Florida</a></div>Amerivest Realtyhttp://www.blogger.com/profile/07022501598561402035noreply@blogger.com