CLOSED SALES The number of closed sales in 2011 increased 5% over 2010, making it the fourth consecutive year to show an increase and confirming that the market recovery is well underway. Properties priced below $250,000 comprised 62% of the total market, a percentage that has remained consistent since 2009. Properties priced above $1,000,000 reached […]
Overall inventory continues to fall and currently stands at approximately a nine-month supply. Market activity continued at an active pace during the month of June, as buyers began returning for the summer “buying season”. Inventory continued to drop and the median sales price is up substantially since the beginning of the year. Closed sales are […]
Market Report – August 2010 for Naples, Bonita, Estero Market Areas CLOSED SALES The number of closed sales through August is up 21.5% over the same period 2009, and second only to 2005 during the past ten years. Closed volume is up 31.6%. Average sales price year-to-date August is at its lowest level since 2001. […]
The Naples Area Board of Realtors recently released a report stating that May home sales in the Naples area saw an increase of 101 percent with 1,029 pending sales in May compared to 511 in May 2008. “The report tracks home listings and sales within Collier County, excluding Marco Island.” For the 12 months ending […]
If a “For Sale” sign has been hanging outside your house for months and it has not sold, there may be reasons other than the miserable economy. In some cases it may be the marketplace and you just need to wait for the market to turn. Other factors affecting selling your home might be marketing […]
The Federal Housing Finance Agency, tracking 292 U.S. metropolitan areas, has reported that home prices have fallen more than 6 percent in the past year. Bargins can be found just about everywhere and Naples is no exception, ranking No.2 overall. Naples is a popular destination known for its artsy side and the natural wonder of […]
SW Fla. housing market ready to recover, economic forecaster predict At the fourth annual Bonita/Estero Market Pulse meeting on Tuesday, economic insiders presented a cautiously optimistic forecast for Southwest Florida’s real estate situation. Many of the more than 200 people who attended were real estate agents and other business owners with an interest in the […]
http://www.cnbc.com/id/29553757 Real estate websites along Florida’s Gulf Coast are seeing a dramatic increase in traffic indicating a new surge of buyer interest. Local brokers are also reporting an increase in inquiries and sales. There are signs in housing markets around the country that the bottom has been reached, sales have increased and hopefully prices will […]
Real estate sales up in Naples, but down countywide There are many aspects to consider when looking at today’s real estate market. When determining how Collier County real estate is doing there are The Bidder’s Brokers and Naples Area Board of Realtors (NABOR) to consider. Ross McIntosh created The Bidder’s Brokers because of the abundance […]
A Real Estate Trade Group has reported that sales of existing homes have risen by the largest margin following a five year slump. According to the National Association of Realtors the last two months, August and September, have shown an increase in number of existing home sales, which has not been seen since the July […]