Home sales in the Naples are dipped slightly in January with 520 properties changing hands compared to 548 during the first month of 2011. This statistic and others come from the Naples Area Board Of Realtors (NABOR) and reflect sales in Naples and Collier County with the exception of Marco Island.

Median price continues to climb, a sign that the worst of the housing crisis in Naples is over. Last month the median price (the point at which half of homes sold were less and half were higher) stood at $181,000, up from $157,000 twelve months ago.

The average number of days it took to sell a home in January increased to 170 compared to 162 days from listing to sold one year ago.

Total inventory (all of the homes and condominiums listed for sale) continues to decrease significantly from 9,388 in Jnauary 2011 to 7,860 today.

January’s total closed sales break down to 246 single family homes and 274 condominiums.