Posted on Friday, December 19, 2014
This time of year many a Naples resident heads back up north for the holidays and we receive a breather before high season kicks in. Last night on the office desk was a little slow welcoming window shoppers into look at our real estate. But … the numbers tell a different story. Real estate is still booming here mid-month.
A look at the all Naples inventory in the Matrix MLS this morning shows we are at 5.92 months – a level very supportive of future price increases. Volumes are running along at the brisk pace of 2,800+ sales every three months and sellers are putting more places up for sale.
We thought ny this time the new construction projects would start to slow the re-sale market down but not yet. An estimated 50% of all sales goes to new construction and yet the re-sale market continues to roar along.
Sellers are getting near what they ask as we see the closed to ask ratio still topping out above 96%. Overpriced homes and.or homes in poor condition are sitting for 100‘s of days on the market so sellers must fairly price even in these markets.
Average days on market is still less than 30 days – truly remarkable when you think about it. Not long ago homes sat three times as long or more but in today’s market the trade remains brisk.
Look for our monthly neighborhood by neighborhood analysis in a couple of weeks at month end.
The new edition of our eBook “Understanding Naples Real Estate” is now available making predictions for the 2015 Naples real estate market as well as offering up advice to sellers and buyers. To get your copy go to https://www.naplesbestaddresses.com/offer/ .
Want to know more about living in Naples, Florida? We have toured and owned property in Naples for thirty-eight years and know we can help you out. Please give us a call at 239.595.3921.
Hope to meet and talk with you soon,
Mark Goebel PA, Nan Goebel PA and David Goebel, PA Co-Founders of the Naples Best Addresses team
Coldwell Banker Mark Goebel, PA and Nan Goebel, PA REALTOR Coldwell Banker 5th Avenue South
Mobile: 239.595.3921 239.595.3920
No legal, investment, or tax advice is being given in this Blog. Consult with legal, financial and tax professionals before acting on any real estate transaction. Actual real estate price and sales results are subject to market forces and are not completely predictable. The writings of this Blog are intended for the sole use of our clients. We are pleased to announce a portion of our real estate earnings go to support the The Naples Botanical Garden, Habitat for Humanity Collier County, The Race For The Cure Citrus Ride, The Seacrest Country Day School and The Naples Winter Wine Festival. Some of the data relating to Naples homes for sale and Naples real estate for sale on the NaplesBestAddresses.com website comes in part from the Broker reciprocity program of M.L.S. of Naples, Inc. The properties displayed here may not be all the properties available through the MLS reciprocity Program. This information is deemed reliable but is not guaranteed. Buyers and sellers are responsible for verifying all information about their purchase prior to closing. Mark Goebel, PA is a REALTOR with Coldwell Banker on 5th avenue in Naples, Florida with 35+ years of visiting and living in Naples. After 25 years at Accenture, Mark retired as a managing director and spends his time helping non profits and building a Naples real estate team with his wife Nan. Talk to Mark and Nan about life in Naples and why they chose this place to live full-time over all others and enjoy Naples real estate. Contact us to learn more about Naples real estate trends, the florida rental market, Naples design ideas like coastal contemporary and transitional designs or just get a feel for the place like Naples Florida population trends.