Covid-19 slowed the real estate market as anticipated during Florida’s stay-at-home orders though real estate was deemed an essential service.
Realtors® focused on implementing new strategies to comply with self-distancing practices for the welfare and safety of their staff, clients and the community.
Media Closed Sale prices increased .3% in April to $340,000 from $339,000 in April 2019. Showings during the month of April decreased to 9,420 from 22,862 in April 2019. This does not reflect ‘virtual showings’. Pending Sales decreased 53.6% in April 2020.
Broker analysts reviewing the April report are optimistic that activity in the Naples area will resume momentum in the coming months.
Contact HOUSEofNaples.com at 239-784-7844 to discuss the Naples market or to receive an in depth analysis of your home. We look forward to working with you!