Naples real estate ends the decade strong in Home Sales! According to Naples Area Board of Realtors (NABOR), closed sales were up 5.6% from 2018 to 2019. The elephant on this statistic
Naples Market Report August 2019
Dated: September 27 2019
Views: 160
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Naples real estate market continues to increase and stay strong and healthy. Mid range sales of $300k-$500k led closed sales with a 10% increase. The overall inventory decreased 18%; however it is typical for this to increase once season hits. Even though inventory is down and prices continue to rise, buyer's should not be discouraged as seller's have dropped list prices (almost 30% of listings) which is a sign that seller's keep testing top dollar for their homes.
If you are looking to buy, call me to discuss a strategic buying plan in order to capture the best price for the area and market. Contact me for a full report on the Naples market and a specific market analysis of the area you are looking to purchase.
Melvin Drury
After obtaining an Accounting degree at the University of Kentucky, Mel practiced as a Certified Public Accountant in Southern California and Kentucky prior to being introduced to the real estate indu....
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