Found this interesting video on the Wall Street Journal site today. The question asked how much does an hour of sunshine cost? They used the average price of a 4 bedroom home 14 sunny exclusive areas. The cost per hour of sunshine in the state of Florida is – $283.99. The average price used was [...]
Naples Condos Market Statistics
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Naples condos sold during 2012 have a median sold price of $165,000. For calendar year 2011 the median sold price was $155,000. The median sold price has increased 6.5%. Median sold prices for Naples condos over the past 12 months also shows an upward trend, but weaker than earlier in the year. During the month [...]
Naples Homes for Sale Market Statistics
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Naples homes sold during 2012, for the overall market, have a median sold price of $235,700. For calendar year 2011 the median sold price was $211,000. The median sold price has increased 11.7%. This is a slight drop from July’s year to date median sold price of $240,000. Median sold prices in 2012 for homes [...]
Naples Florida Condo Statistics April 2012
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The Naples condominium median sold price for April was $190,000 versus April 2011’s $162,950. The median sold price was up $27,050 or 16.6%. April’s median sold price saw an increase over January’s median sold price of $150,000, February’s $154,500, and March’s $165,000. In April a total of 508 condos were sold, while last April 488 [...]
Naples Homes Market Statistics for April 2012
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Median sold price for April was $252,447. The median sold price increased $17,447 over last April’s median sold price of $235,000 or 7.4%. 460 homes were sold in April, versus April 2011 459. Expected volume of sales should decline as the number of homes available for sale declines. Overall months of inventory for sale – [...]
New FHA Underwriting Guidelines
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If you are thinking about purchasing a Naples home or condo after April 1st using FHA financing need to be aware of new underwriting guidelines. Starting April 1, 2012, the Federal Housing Administration (FHA) will change how it considers ongoing credit disputes – such as bad debt collection agency claims on a buyer’s credit report [...]
Naples Condo Market Statistics February 2012
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Buyers of Naples condos are buying based upon the good prices of real estate as reflected by pending sales increasing to the highest levels in the past 48 months. Median sold price still below 2002 prices. Inventory of properties for sale continues decline At the end of February, there were 3,460 condos for sale. Last [...]
Naples Home Sale Statistics February 2012
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Buyers are buying based upon the good prices of Naples real estate as reflected by pending sales increasing to the highest levels in the past 48 months. Median sold price still below 2002 prices. Inventory of properties for sale continues decline. Second month of double digit percentage increase in the median sold price of single [...]
Naples Improving Real Estate Market
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Florida’s real estate market is entering 2012 on an upward trend including Naples, according to three leading U.S. economists. “Our state is in a mini-recovery,” said Florida Realtors® Chief Economist Dr. John Tuccillo at the state association’s 2012 Real Estate and Economic Forecast Conference in Orlando. “Sales are trending up, listing inventories are falling, the [...]
Naples Real Estate Market Statistical Update – Feb. 2011
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Summary – The Naples real estate market shows the number of pending sales in February for both homes and condos reached a 48 month high. The volume of new listings was lower than the previous four Februarys. With the closing period (defined as the period of time between offer acceptance and closing) of 30 to [...]
