"November Home Activity Shows Buyers Trying to Beat the Pack"
An increase in traffic on roads and beaches, and in restaurants, hotels, and open houses during November was reflected in a 27 percent increase in overall pending sales (homes under contract), and a 46 percent increase in showings for the month compared to November 2018. Several broker analysts who reviewed the November 2019 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), said they saw a noticeable increase in buyer interest starting back in October. The presence of more eager buyers before our traditional high season has contributed to the depletion of inventory, which decreased 19.4 percent in November to 5,563 properties compared to 6,896 properties in November 2018.
TO DISCUSS MARKET CONDITIONS IN FURTHER DETAIL... MESSAGE US BELOW OR CALL US DIRECTLY AT (239) 438-1102
Find out How Much your Home is Worth Instantly! Click here for a Free Home Evaluation
INstantly search just listed homes in naples! CLICK HERE TO search now
QUESTIONS?
Introducing a Sophisticated Approach to Naples Real Estate...
Leave A Comment