May remains a standout month in the market activity in Naples for the second year in a row. Closed sales in May 2018 were 1024 compared to 1027 in May 2017.
Properties priced between $300,000 and $500,000 increased 21% over May 2017, while homes priced under $300,000 were one number short of sales in May of last year.
Pending sales of homes priced at $2 million and above increased 23% in 2018’s month of May.
Inventory overall increased by 15 properties, compared to May 2017, both for single family homes as well as condominiums below $500,000 -> which accounts for 58% of the available market in Collier County.
Call us here at House Of Naples to get an in depth analysis of your home needs in SW Florida. We look forward to working with you to find your dream home!