Pending home sales in the Naples area jumped 88.6% to 1,535 Pending Sales from 814 in December 2019. There was a 65% increase in showings during December which averaged out to 10 showings per listing. Inventory is still very low, not meeting Buyer demand. Available homes decreased 49.1% to 3,140 homes as compared to 6,163… [Read More]
Archives for January 2021
November 2020 Market Report
Strong demand is creating increases in close prices of homes here in Naples. There are multiple factors driving this: Buyers coming from out of state, Buyers locally taking advantage of low interest rates and upgrading their homes. Closed sales for the overall market increased 58.8% as compared to November 2019. There were 36,508 showings for… [Read More]
October 2020 Market Report
Buyers looking to get a jump on the Naples winter season are seeing that the reduced inventory, increase in multiple bids and the number of Closed Sales showcase the strong demand for homes in Naples. Close Sales increased 65.2% in October 2020 as compared to October 2019. Overall market inventory decreased 33.8%, Pending Sales increased… [Read More]