Posted on Monday, September 24, 2012
6.86 months inventory in the Sunshine MLS All Naples area this morning. Smaller and smaller and approaching “normal”. We are working with some buyers who are somewhat surprised at the lower availability. If you have not been in town for a while or are planning to come down this season be ready for a different feel in the local real estate market.
The state of Florida in general continues to improve. Naples Realtor reported last week (http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=2&id=281284) “Florida’s housing market had more closed sales, more pending sales, higher median prices and a reduced inventory of homes for sale in August, according to the latest housing data released by Florida Realtors®.”
You might see more speculative home building. I ran into a builder this weekend planning a multi family building on 7th ave south. Gary Gebelhoff is building another one of his cozy cottages and the high-end spec market accounts for a significant share of the premium property market.
We are on the mend. Come on down here and take a look. We would be happy to show you around.
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.
Some of the data relating to 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.
Mark Goebel, PA REALTOR Coldwell Banker 5th Avenue South Mobile: 239.595.3921 NaplesBestAddresses.com Facebook: NaplesBestAddresses Youtube http://www.youtube.com/user/naplesbestaddresses?feature=results_main