The Naples Board of Realtors® released the 2011 year-to-date real estate statistics for Naples Florida recently. While the inventory of properties has declined, the thrust of the market is still with properties under $300,000.00.
If you look at the 2011 annual report, you'll see that 76% of the condominium sales are under $300,000.00. 63% of the single family homes are under $300,000.00. Condominiums have an inventory that could last 12 months. Naples Single Family Home inventory could last 10 months. A "Normal" market is said to have an inventory of 6 months.
The bottom line is that mass humanity is searching for a place in Naples Florida under $300,000.00. This does not leave a great number of buyers for all the other price ranges. If you are looking for a home in Naples and it is within your means to stretch further than $300,000.00, there are some spectacular buys out there right now. Interest rates are at a low and there is still scads of inventory over $300,000.00.
Season has descended upon Naples. My own brothers contributed to the seasonal influx of people. Patrick was able to enjoy the small condo I sold him several years ago. We were able to welcome James for a stay at our home. It was wonderful to have both my brothers in town, even though I DID have to work. While James was here I was able to share this beautiful sunset with him and my husband Don.
Would you like to own a home in Naples? Search here, once at the search page, you can search by development or map area, save your search and new listing updates will be e-mailed to you.
Should you be thinking of selling your home in Naples and would like a candid assessment of what it would take to sell your home in today's market, I would be happy to provide you with a free market evaluation. Feel free to give me a call at 239-594-2780 or e-mail me at Lynn@NaplesBuys.com.
Care to share a comment with us? Just click on the post a comment link at the bottom of this blog entry. Comments are always welcome.
Want to subscribe to this blog? Just click on the Subscribe link at the bottom of this blog entry.
Please note that I receive no compensation for mention of any businesses or events.
About the author:
Lynn Wilber is a Real Estate Professional who lives in Naples. Her 33 years of real estate experience and her area expertise have been valuable resources for Naples Sellers and Buyers. For more information, please contact Lynn Wilber or call 239-594-2780.
YouTube | Linkedin | Google |Website | Twitter | Facebook
ContactUs Think Lynn Wilber when buying or selling in SW Florida !!! Downing-Frye Realty, Inc. is a Florida licensed real estate brokerage
Why Choose Me | Radon Information | Contact Us | Insurance Closing Costs | Free Home Valuation | Find A Home! | Lambiance Site | Sailing in Naples | OPEN HOUSES | Golf Courses | Shopping | Naples Sightseeing | Naples Weather | Airlines | Airports | The Arts | Naples Area Links | Seller's Closing Costs | News Updates | Informative Links | Short Sales | Beach Cam | Lynn's YouTube | Foreclosure Help | Naples Schools | FaceBook | Neighborhood Sales Info | Closing Costs | Download Adobe Acrobat | News | Real Estate Glossary | Our Homes | Looking to Sell? | Our Featured Homes | Home | Applying for a Loan | Document Your Assets | Living Trusts | Neighborhood Prices | Staging Checklist | 9 Steps to Owning | ARM Calc | Fixed Rate Mtg Calc | 15 vs 30 Year Mtg Calc | Mtg Tax Savings Calc | Mortgage Qualifier Calc | Maximum Mortgage Calc | Mortgage Payoff Calc | Rent vs Buy Calc | Refi Breakeven Calc | Mortgage Calculators | Interest Only Calc | Request Industry Info | Your Dream Home | 9 Steps to Ownership | How to Sell Your Home | Staging Your Home | A holiday sale? | Holiday Saving | Be Accessible! | Buying Foreclosures/REO's | Types of Listing Contracts | The Listing Contract | Contingencies in Contracts | Listing Commissions | Should you paint? | Homeowner Warranties | Real vs. Personal Property | The Kitchen | Gated Communities | Improvements That Pay | Home Appreciation | Selling One, Buying Another | Naples FL Blog | Naples Buyers | Naples Sellers