There is so much misinformation out there right now about the Naples real estate market. Our overall market has been extremely busy for the past 18 months. This is particularly true over the last 6 months. Many outsiders get the impression that sales are stagnant and buyers are on the fence with that same additude 'I don't have to buy'. My sense is that in a few years these groups of buyers will look back with regret.
The segment of the market that is thriving (despite public opinion) is the condo market. Naples condos have been very active. You may be skeptical and think 'Realtors always want to give the impression things are busy'. However, I have the data and I want to share it with you. This comes from the MLS and is not manipulated in any way.
Naples Condos Sold By Year:
2010 - 2746 (Still over 3 months remain)2009 - 29432008 - 20712007 - 18372006 - 19742005 - 43062004 - 45492003 - 35232002 - 2125I know we are not at the same levels as the days of 2004 & 2005 (but we may get close this year) but clearly there has been a shift in buyers motivations.
Average Sold Sales (Condos) Over Last 4 Years
Average Sold Price (Condos) Over last 4 Years
Why the surge in sales? PRICING. The good news is that you are not too late! Real estate is a market where you deal with individual sellers. Go to our site to find a list of all Naples condos for sale.
This Blog is intended to do exactly what my websites are doing - Educate buyers, sellers and agents, and keep them updated on the mood of the Naples Florida real estate market.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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