Found 2 blog entries tagged as 2020.

"Naples Real Estate Market Sees Another Record Month in Closings"

Naples, Fla. (November 20, 2020) - According to the October 2020 Market Report, released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), the Naples real estate market continues to see strong demand in both the single family and condominium markets. Buyers are getting a jump on the winter seasonal market as shown by the reduced inventory, increase in multiple bids and the jump in closed sales. Closed sales activity for the overall market increased 65.2 percent to 1,249 closed sales in October 2020 from 756 closed sales in October 2019.

TO DISCUSS MARKET CONDITIONS IN FURTHER DETAIL... MESSAGE US…

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Buyer's still facing Low Inventory.

.... as well as Seasonal Renters. Expect a BUSY SEASON.

 

So what do these numbers mean?

The key take away is that more Properties are selling and going under contract than there are new properties coming on the market. We have been seeing this pattern for several months now and it has withered inventory to very low numbers.

 

Sellers: A great time to sell... our listings are going under contract with days. Most less than a week! If you have been on the fence about selling, now may be the right time for you. Instantly get your Property Value at www.NaplesPropertyValue.com

Buyers: There are still deals to be found! However, you must be ready before you start house hunting as you should make an…

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