My thoughts and news about Naples real estate, Bonita Springs real estate and Estero areas of southwest Florida.
ARCHIVED BLOG POSTS
While the volume of Naples homes on the market remained stable, the months of inventory (time needed to sell all the homes based upon closed sales) did drop one month between September and October. At the beginning of September the months of inventory was 29 while at the beginning of October it w...
Below is a graphical representation of the average prices paid for condos in Arielle at Pelican Marsh over the past 4 years. The highest average quarterly price was $493,000 during the third calendar quarter of 2005. The average price paid during the third quarter of 2008 was $306,666. A reductio...
A measure of the real estate market is the number of active listings shown on the MLS service for an area. For Naples after several of months of the active listings dropping as of October 1st there shows signs of stability - single family homes was 5244 active listings versus 5247 as of September...