The latest State wide housing statistics from the Florida Association of Realtors® show that number of existing single family homes increased slightly comparing July of 2007 to July of 2008. The median sales price is down 19% in the same time period.
Existing condominiums saw a price decrease of 13% comparing July 2007 to July 2008. The number of sales fell 7% in the same time period.
Please note that while these reports include statistics from the Naples Board of Realtors, there is no line item for Naples. You'll just have to sharpen that pencil to do the math to figure out the numbers. :)
This past week was a busy one for me. I had buyers that came in after the storm. I also had a contract come in on one of my listings that was accepted. One set of the buyers wrote an offer on a listing but their offer was rejected by the seller because it was too low and another offer came in the picture as we were negotiating. NOTE: Even in a S-L-O-W market if a property is priced well, the market may bring in multiple offers.
I showed out in the Terrace section of Heritage Bay today. I have to tell you that because of the rains, the mosquito population has flourished. My God! The mosquitoes almost carried my clients and I into the model! In the 12 years I have lived in Naples, I have never seen the mosquitoes so bad.
The Gulf water temperature was 90 degrees today. Swimming after work was lovely but good ole Gustav could be coming into a warm Gulf. Everyone, I am sure hopes that Gustav disappears!
My husband and I went to dinner at the Sandpiper in Pelican Bay last night with our upstairs neighbors from Long Island, who had just returned to Paradise. The veal piccante at the Sandpiper was delicious. The sunset that accompanied dinner was gorgeous. Real estate prices may be down, mosquitoes may be multiplying and Gustav may be coming into the Gulf but nights like last night shared with good friends are perfect!
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