Low, low inventory, will this lead to higher prices?

Kayaks and canoes, tennis and golf, these are some of the amenities that my fellow denizens at Pelican Bay know so well.  We know that Pelican Bay is a unique community however NABOR, (Naples Board of Realtors) lumps us in with other zip codes, this blog is created to inform current residents and prospective buyers with current and trending statistics.

Pelican Bay:

Some fast statistics:  Based on June closings and the MLS inventory as of 7/23, we had a 3.1 months of supply of residences on the market, way below the Naples and National averages.   Total inventory of 93 residences represents approximately 1.5% of total residences in Pelican Bay.   Breaking down this inventory into categories we see a  1.4% figure for high-rises, 1.3% for 1-3 story residences,1.6% for mid-rises, 1.9% for villas and 1.6% for single family homes.  Obviously fairly consistent across the board.  However this is the slow season, I would expect to see inventory to rise as the snow birds return.