Things got quiet around here pretty quickly this year...the seasonal snowbirds hung in longer than usual, possibly because of the later than normal Easter, plus the inclement weather up north...but, all of a sudden, in the past week or so, it has gotten very quiet. We didn't 'ease' into summer...it just kinda' happened one day. I found myself driving on an otherwise busy road this morning without another car in
Read MoreI'm a very visual person, comes from my art background I guess, but you have to admit, a picture can paint a thousand words. Take for example the chart below [click on picture to enlarge]. This graph depicts the Pendings month by month for the past 4 years in Naples Florida. Who can argue that sales are up? If this doesn't convince the buyers that are on the fence that
Read MoreThe first quarter of 2011 is officially behind us. It's been a much busier 'season' than any we've experience since 2005. Prices are leveling off in most price points, and inventory remains low. Economists predict we are at or near the bottom. Homes and condos are selling, but it is only the most competitively priced properties that have gone under contract in the past 90 days in any given community.
Read MoreJust logged onto the Florida Realtors website, and lo and behold, today's feature story is yet another rebuttal to the CNNMoney article which I referenced today in an earlier post. Check out this report for more accurate information concerning Census Bureau and Florida Housing Vacancies. Thanks again for reading my blog! I am just trying to get the most accurate information out to the public concerning Naples Real Estate! The
Read MoreI cannot believe that February is already over and I am working on month end reports again. I know it's a short month, but didn't it just fly by? While reflecting back on last February, and comparing it to the activity here in Naples this February, I found some *newsworthy numbers that I thought you might find interesting.Listing inventory is down. Now, that could just be that we are all
Read MoreToday I had the distinct pleasure of being in the audience and listening to Dr. Lawrence Yun, Chief Economist for The National Association of Realtors. He spoke for nearly two hours. In addition to the 7 pages of copious notes that I took during his lecture, I will eventually have access to his power point presentation, as will all those who were in attendance. This will also include his charts
Read MoreHere is a smattering of statistics recently released by The Naples Area Board of Realtors that I think you will find very interesting: Pending sales up overall 28% in the last 12 months. Single family home pending sales are up 71% in the $1-2 million dollar price range in the past 12 months. Median closed sale price in the over $2 million price range is up 17% in the past 12 months. Single
Read MoreI like sharing statistics about the Naples real estate market...I'm known around the office as the one with all the data and percentages...it is important to me when showing homes to have facts to back up my reasons for why I selected certain homes to show over others. I am a bit of a 'numbers freak'. Lately, I have been asked quite a bit to share some facts about the short
Read MoreThere's a lot going on in the Naples real estate market. Here's a brief recap. The average sale price in Naples is $357,010. In April 2009 the average sale price was just under $350,000. In March of 2010 it went above $400,000 for the first time since November 2008. In January through April 2009 there were 11,243 new listings taken in Naples compared to the first 4 months of 2010
Read MoreIt's the first day of a new month and a new quarter. We completed our month-end reports yesterday and we are also carefully reviewing the year-to date statistics in each of the markets that we are most active. We found a few interesting conclusions based on data from our local MLS that I thought I would share. Keep in mind, these findings are inclusive of all geographic areas in Naples.
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