Real Estate News, Real Estate Market Updates & Trends for Naples, Bonita Springs, Estero and South Fort Myers, Florida. New Construction, Waterfront Properties, Golf Communities – Dominick Tascher Group with MVP Realty.
Naples, Fla. (September 20, 2019) – Closed sales of homes in Collier County increased 7.4% in August, but overall inventory fell 17.8% to 4,917 properties compared to 5,980 in August 2018, according to the August 2019 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). This reduction in inventory – which included 616 homes that were either terminated, expired or withdrawn from the Southwest Florida MLS in August – resulted in a six-month supply of inventory for Collier County at the end of August… – View Complete Market Report… – View Complete Statistics… – Find your Dream Home in Naples to Estero…
Naples, Fla. (May 24, 2019) – Closed sales during April in the Naples housing market increased 12.8 percent to 1,158 properties in April 2019 from 1,027 properties in April 2018. Broker analysts reviewing the April 2019 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), reported that April was a solid month with strong sales activity in both the single-family and condominium markets. – View Complete Market Report… – View Complete Statistics… – Find your Dream Home in Naples to Estero…
Naples, Fla. (December 21, 2018) – Home sales in November increased by double digits across every price category resulting in an overall increase of 24 percent compared to November 2017. Median closed prices decreased for homes under $1 million in November and inventory rose 12 percent to 5,971 homes, according to the November 2018 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). “The November report shows greater balance in the market which is propelling strong performance,” said Budge Huskey, President, Premier Sotheby’s International Realty, who added that the 24 percent increase in overall closed sales for November is “significant because it reflects our recovery from the hurricane last year.”
nabor-report-october-2018 nabor-stats-october-2018The Naples Area Board of REALTORS® (NABOR) has released the real estate market report for October 2018 for transactions in the Naples area.
Closed sales of homes in the Naples market grew 20% in October 2018 compared to October 2017.
In the meantime inventory during October has jumped 20% to 5,992 homes (the highest level since October 2012) giving more choices for buyers.
Here are also the other highlights from the report:
Inventory increased 20%.
7.5 months of supply.
10% oe the new inventory is new construction.
Overall pending sales up 17% for the $1M to $2M price category.
Median Closed Price in the Naples Beach area (west of US 41) decreased 13% in October compared to October 2017.
Naples, Fla. (October 19, 2018) – One year after Hurricane Irma, overall closed sales in Naples increased 62 % to 644 homes in September of 2018 compared to 398 closed sales of homes in September of 2017. According to broker analysts, this impressive increase in month over month sales is a result of the effect of the hurricane when homes sales halted following the massive storm.
“The September Market Report shows how resilient and desirable our market is,” said Lauren U. Melo, PA, Licensed Real Estate Broker with Florida’s Realty Specialists. “A 3 % increase in pending and closed sales, year over year, is strong considering the reduced sales activity during the troubled period following the hurricane. This was when many sellers were making repairs caused by the hurricane. The September statistics show that our market is in a good position to see positive activity for the fourth quarter.” Here are the major points of this Naples real estate market report for the 3rd Quarter of 2018:
Overall pending sales in the third quarter are up 20 % closed sales are up 13 % the median closed price is up 3 % inventory is up 4 % and the days on market decreased 1 %.
Closed sales of homes between $300,000 and $500,000 increased 24% more than other categories.
Pending Sales for the condominiums market increased 21% and closed sales 20%.
July Housing Market in Naples Defies National Trends
Naples, Florida. (August 24, 2018) – According to the National Association of REALTORS July market report, existing home sales in America decreased for the third straight month as a result of the severe housing shortage that is not releasing its grip on the nation’s housing market.
Conversely, homes sales in the Naples area were up 8 % in July according to the July 2018 Market
Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). The nation has only a 4.3-month supply of home inventory, while Naples has a healthier 6.25-month supply of inventory.
“The Naples area overall median home price increase in July 2018 seems to be the only statistical category where we match national trends,” said Kathy Zorn, “Naples saw an 8 % increase in its overall median closed price in July 2018 compared to July 2017; whereas nationally, median closed prices went up just 4 %
Here are the major points of this Naples real estate market report for July 2018:
Home Sales up 8% in July 2018 compared to July 2017.
Inventory fell 1% to 4,871 properties, compared to July 2017.
Naples, Fla. (May 25, 2018) – According to the April 2018 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), Collier County enjoys 7.76 months of inventory compared to a 4-month supply nationally. This is great news for Naples REALTORS® as they transition from a very busy high season to what broker analysts believe will be a very strong summer. Here are the major points of this Naples real estate market report for April 2018:
Overall Pending Sales increased over 20% in the $1M+ categories 12-months ending 4/2018
Overall Closed Sales increased over 30% in the $1M+ categories 12-months ending 4/2018
Overall Median Closed Price increased 5% 12-months ending 4/2018
Overall Inventory decreased double digits in the $1M+ categories Apr 2017 to Apr 2018
Overall Average DOM decreased 27% in the $500K-$1M category Apr 2017 to Apr 2018
In April, Florida’s housing sector reported more closed sales, higher median prices and more new listings from owners ready to enter the market, according to the latest housing data released by Florida Realtors®.
View the detailed reports for Collier and Lee counties in the links below, showing a strong market with a continuous decrease of inventory and increase of selling price.