Closed home sales in the Naples area dropped in September when compared to the same month in 2010.

The Naples Area Board Of Realtors (NABOR) reports 491 home sales for the month, off twenty-two from September 2010’s total of 513. Of the September total, 261 homes and 230 condominiums changed hands.

Median price in the Naples area continues to climb, reaching $169,000 in September of this year, up from $161,000 one year earlier.

The total inventory of homes listed for sale on the Multiple Listing Service has dropped significantly in the past year from 8794 in September 2010 to 7069 today.

It now takes on average 156 days to sell a home in Naples, down from 173 days one year ago.