The Naples Board of Realtors® released statistics for the 12 month period ending June 2010 and the second quarter 2010. Both time periods saw 66% of all closed sales under $300,000.00! The second quarter 2010 figures saw an increase in the median sale price from $175,000.00 to $200,000.00. The number of closed sales increased in all price categories and the inventory decreased by 9%. There is currently an inventory that could last 12.98 months.
People keep asking me if the oil has had an impact on the Naples real estate market. I'd like to state right off the bat that there is no oil on Naples' beaches.
Summertime is usually a slower real estate market in Naples. Buyers that I have worked with over the last few weeks seemed to want to wait to make a buying decision until they knew if the oil could be stopped. Since the oil leak has been capped. I am cautiously optimistic that buyers will start writing contracts.
I recently came back from a trip to Chicago for my youngest brother's retirement party. You can read about my summer vacation here. Where do you intend to spend your summer vacation this year?
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.
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About the author:
Lynn Wilber is a Real Estate Professional who lives in Naples. Her 31 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
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