May Figures Are In – Good News For Naples Real Estate Market

DSC_0068The May sales figures have been published by the Naples Area Board of Realtors and things are definitely improving in the Naples real estate market.  Pending sales, closed sales and median closed prices increased while inventory and average days on the market decreased for the 12 month period ending May 2013.  Here are the improved statistics for the 12 month period ending May 2013 as reported by NABOR:

  • The overall median closed price increased 16% from $190,000 to $220,000
  • Overall pending sales increased 5% from 10,235 units to 10,723 units
  • Average days on the market decreased 16% from 191 days to 161 days
  • Closed sales increased 10% from 1,741 units to 1,921 units

A NABOR board member is quoted as saying, “May 2013 compared to May 2012 was a very big month for the local real estate market.  For many Realtors the activity didn’t slow down.  Buyers are afraid to miss out on opportunities with interest rates and inventory low so they are making purchase decisions now.”

It’s summer time in Naples Florida; there is no traffic, the restaurants are waiting for you with great summer deals, the gulf is over 89 degrees and the homes are waiting for you to come and buy them!  This is a great time to visit Naples and enjoy the summer gulf breezes.  I have weekly rentals available at discounted prices so you can relax and enjoy your vacation while shopping for your new winter home.  Don’t wait until the crowds start coming back in the fall and we are in multiple offer situations on our properties again.  Call me now at 239-601-3174 to reserve your vacation home and search from your new home away from home.  You can start your own search and learn about our wonderful prices.  Don’t wait until the prices go up again.  Let’s find your dream home now!

Remember, it is always toasty in Naples and you deserve your piece of Naples sunshine!

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