November 27, 2013

Naples Real Estate Market Update - Overall Days On Market Decreases 37% In October

Naples Area Real Estate Update - NABOR - NOVEMBER 15TH 2013:
The real estate market continues to strengthen in the Naples area in October 2013 compared to October 2012.
Here are the major points of that report published by Naples Association Boards of Realtors:

  • Overall days on the market decreases 37%.
  • Overall median closed price for segment of $300,000 and below increased 14%.
  • Overall closed sales in the $2 Million and above segment increased 46%.
  • Overall inventory decreased 18%.
Multiple offers on properties are becoming more current, serious buyers should not wait anymore longer.

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