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 60 days, the activity of pending sales and new listings bears watching as to how prices will be affected. [Read more...]
What Are the Benefits of Buying Foreclosed Homes
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If you are on the looking for a reasonably priced property in Naples real estate market, you can find some great deals. These foreclosed properties are located in some of the best residential areas in Naples and are available at unbelievable prices to what they previously sold for, which makes them an ideal investment option for home or vacation home buyers or those buyers looking for a future retirement home.
Purchasing a foreclosed property in Naples has multiple advantages for prospective buyers. Buyers can now find a property in one of the best residential hot spots in the country at a moderate price (prices sometimes as low as 2001 or 2002). Listed below are some of the reasons: [Read more...]
Naples Homes for Sale – March
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The homes for sale in Naples continue to show signs of improvement. While still a buyer’s market, the homes available for sale increased slightly as well as the months of inventory over the month previous month.
The month of March started with 3890 homes available for sale in the Naples area. Last March 5298 homes were for sale in a year over year comparison it is a decline of 1408 homes available for sale. This represents a decline of about 27 percent. The month of February started with 3814 homes for sale 76 fewer homes than March. [Read more...]
Naples Condos for Sale – February
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The condos for sale in Naples continue to show signs of improvement. While still a buyer’s market, the condos available for sale are declining as well as the months of inventory declining.
The month of February started with 4114 condos available for sale in the Naples area. In a year over year comparison it is a decline of 1028 from last February’s 5142. This represents a decline of about 20 percent.
The graph below shows the comparison between the years of 2008 thru 2010.
Naples Condos for Sale - Comparison 2008 thru 2010
The months of inventory, a measure of judging current demand for condominium housing, [Read more...]
Naples Homes for Sale – February
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The homes for sale in Naples continue to show signs of improvement. While still a buyer’s market, the homes available for sale are declining as well as the months of inventory declining.
The month of February started with 3814 homes available for sale in the Naples area. In a year over year comparison it is a decline of 1538 from last February’s 5352. [Read more...]