The rise in showing activity in June led to an uptick in the closed sales in July, which increased 7.1% to 829 closed sales compared to 774 closed sales in July 2018. Despite a 14.8% decrease in home inventory, the overall median closed prices have not increased, according to the Naples Area Board of Realtors®… [Read More]
Archives for August 2019
Wondering if a Fixer-Upper is a Good Investment
Homes needing a little TLC are going on the market in the midst of increased buyer demand, and regardless of how much work these homes require, they are selling quickly and at high prices. These high-priced houses, which are listed with descriptions like fixer-upper, TLC and needs work, are in competitive markets and rising in… [Read More]
June 2019 Market Statistics
The June 2019 Market Report released by the Naples Area Board of Realtors® (NABOR®) revealed that 500 potential buyers were shown homes every day in Collier County (excluding Marco Island). Naples was recently voted the number one “boomtown”. While there is still 6.9 months of inventory available in Naples, above the Florida statewide average of… [Read More]