The Moorings, an area that runs along the Gulf of Mexico and 41 here in Naples is showing some interesting activity.
In April of 2007 there were 8 closed sales, in May of 2007 2 ,and in June of 2007 3 closed sales. The next month that showed an increase in activity was July of 2007.
This year in April of 2008 there have been 5 closed sales, May is reflecting 2 so far and there are 10 homes with contracts, 8 of those pending. According to local MLS data it appears the average price is inching it's way back up and that sold properties are on the increase. If you have been sitting on the fence maybe it's time to get off and come have a look.
