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…
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Naples, FL – Another Sign Of Real Estate Recovery

Naples real estate is heading in the right direction with a very active market in the past year and 2013 starting very strong.
Major national builders are starting construction again in existing communities and new ones.

Custom builders also starting construction of spec homes in high-end neighborhood like Port Royal, Olde Naples or Aqualane Shores and Mediterra as they are confident the real estate market is recovering in the Naples area.
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Naples Real Estate – Overall Median Closed Price Up 11%

Serious Buyers hurry! Do not wait any longer if you are seriously planning to buy a property in the Naples area! The inventory is decreasing drastically and more areas have such  low inventory that the selling price increases.
NABOR (Naples Association Board Of Realtors) released a few days ago the sales report and statistics for October 2012 and here are the main facts, for the 12-month period ending October 2012:
  • Overall median closed price up 11% from $177,000 to $197,000.
  • Overall pending sales are up 21% in the $500,000 to $1 Million price range.
  • Overall inventory decreased 13%.
  • Naples coastal area: Overall pending sales up 14%.
More impressive statistics are in the report.
 

Naples Real Estate – Five Months Of Price Gains

For the fifth consecutive months the overall median prices have increased in the Naples area (Naples, Bonita Springs & Estero) and the median closed price increased 22% overall in April 2012 compared to April 2011.
These figures are part of the new real estate market report just released by NABOR (Naples Association Board of Realtors).
Other key figures:

  • Overall pending sales increased 20 % in the $500,000 to $1 million category.
  • Overall inventory dropped by 13 % from 8,214 in April 2011 compared to
  • 7,130 in April 2012.
  • Overall closed sales increased 14 % in the $500,000 to $ 1 million category a
  • nd rose 13 % in the $1 million to $2 million category.
  • Overall pending sales in the Naples Beach area increased 14 % from 1,675 to
  • 1,913 and closed sales increased 17 % from 1,437 to 1,678 for the 12-month 
  • period ending April 2012.

The inventory in the $300,000 and below is disappearing. Some areas are switching to a seller’s market.
View complete report…
View complete statistics…
Find your dream home in Naples area now, before it is too late…