Naples Real Estate Market, Bonita Springs & Estero Real Estate Market Tidbits Seller’s Market… yes! Less than 6 months of inventory New construction developments, no end in sight Lee County Property Values up 9% Based on property appraiser’s initial estimate 2017 tax year COMBINED INVENTORY – Naples, Bonita/Estero Inventory falling, still… – Four consecutive months now
ORLANDO, Fla. – June 21, 2017 – Florida’s housing market reported more closed sales, higher median prices, more new listings and more pending sales in May, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 27,850 last month, up 7.6 percent compared to May 2016. “Buyer demand continues
Reported today in the Naples Daily News is the preliminary assessment from the Collier County Property Appraiser. Total value of all land for 2016 was $108.6 billion, 6.5% increase year-over-year.Previous high was $107 billion in 2007 Largest gains in East Naples. Golden Gate, Golden Gate Estates, and Immokalee from 14% to 15% Naples: $21.6 billion,
Naples Real Estate Market and Bonita Springs & Estero Real Estate Market Seller’s Market…? Just maybe, indicators moving in that direction Sale up, prices up, inventory down. Less than 6 months of inventory Seller’s Market Characterized by rising prices greater than inflation rate 6-7 months of inventory Neutral Market Characterized by stable prices rising due