October 31, 2013

Naples Area Real Estate Trend - 24 percent increase in overall median home prices in 3rd Quarter 2013.


Naples, Fla. (October 18, 2013) - The Naples area real estate market is outperforming last year's third quarter activity as shown by three key real estate market indicators: sales, median closed price and inventory.
The real estate market has been extremely active in the Naples area for the third quarter 2013 compared to same quarter in 2012:

  • 24 % increase in overall median home prices: $235,000 compared to $190,000 in 2012.
  • 22 % increase in overall sales from 1,882 units (3rd quarter 2012) to 2,290 units (3rd quarter 2013).
  • 20 % decrease in overall inventory: From 6,195 units to 4,964 units...
This report and statistics have been released by NABOR (Naples Board Associations of Realtors).
By lack of inventory and new listings compared to sales, numerous areas are becoming seller's market. It is not rare to have multiple bids and buyers are 
facing competition and may lose deals with low offers.
Builders are developing new communities at a face pace in multiple areas of Naples. More than 40 communities are under way... 
Contact me for any questions you may have about real estate in Naples, Bonita Springs & Estero.
View complete Naples real estate report for Third Quarter 2013...
View complete statistics report...
New communities in SW Florida...
Naples, Bonita Springs & Estero Real Estate...
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