Year to date Closed Sales & Market Trends
Are we experiencing a balanced Market? Year-to-date closed sales for Naples, Bonita Springs & Estero show a slight increase to those for the same period last year, while sales on Marco show a modest decrease. The number of active listings in the overall market remains steady with the past two years, as does months of supply at 6.1 month as of August 31st. Despite a slight drop in year-to-date closed sales, active listings on Marco dropped by 21.3% compared to last year, bringing supply down by 14%, to 7.4 months. The overall average and median sale price for both markets show modest increases.
Indications of a balanced Market
With a slow and steady upward pricing trend, and months of supply indicative of a “balanced market”, this can be an opportune time for both buyers or sellers.
#1 in closed volume & number of closed sides.
I am proud to announce that John R. Wood remains #1 in SWFL with $1.750 Billion in closed volume through August. Premier/Sotheby’s in second place at $1.661 Billion. We are also #1 in sides with 2,564 sales vs. #2 in sides Premier Plus with 2,202 sales.
When you are ready to enter the market, choose the Top Brokerage in SW Florida. I’d be honored to put my skills to work for you!
If you are looking to Buy or Sell in SW Florida, check out my website
or give me a call at (239) 449-8484 & let’s discuss your needs.
From Beach To Tee, it’s where you need to be.