February sales of houses and condos in the Naples area increased 10 percent from last year’s volume, the Naples Area Board of Realtors reported.
The total number of closings in February increased to 672 from 613 in February 2017.
The median price of house and condo sales in February increased 9 percent to $364,000 from $333,000 last year.
Pending sales of Naples-area houses and condos slipped 3 percent to 1,056 in February from 1,092 in the same month last year.
But pending sales of houses and condos increased 14 percent for properties priced at $1 million or more and 39 percent for properties priced at $2 million or more.
The number of active listings for Naples-area houses and condos totaled 6,286 in February, down 3 percent from 6,466 in the same month last year.
Houses and condos sold in February were listed for sale for an average of 96 days prior to closing, down 3 percent from 99 days in February 2017.