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Naples Florida Real Estate | Steps to the Beach

Downing-Frye Real Estate Naples, FL

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Ellie Penaranda
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Naples FL Market Watch

August 23, 2013 By Ellie Penaranda Leave a Comment

If you are considering a home purchase in the Naples area, keeping up with the market activity and market trends is a must these days.  It really is not about I’ll know the home I want to buy when I see it, it’s about protecting your investment and having a good understanding of value, before you step out to that open house or go on a tour with your agent.

Market watch is where I start and end every day.

Market Watch - Inventory chart

Above is the inventory level comparison from January 2008 to July of this year (2013).

 

Market Watch - Market Activity Friday 8-23-13

Here is an example of the market activity today (as per the MLS 8/23/2013) – If you compare the numbers for the new listings (60) on the market today and the number of homes that went under contract (Pending 72), you get to understand how quickly the inventory is going down.

Market Watch - Sales by Price Range Comparison

 This chart shows that the increase in sales activity is across the board for all price ranges ($150,000 to $1M+)  –  Sales activity for the price range of $150,000 or less is really not a reflection on the sales trend, but rather the fact that we do not have as many homes in that price range to offer compared a couple of years ago. 

  

Whether you are thinking of buying or selling a home in Naples FL, give the “Service and Results Team” a call and will help get you started.  

Thinking of Selling your home in Naples? Click Here for a FREE Market Valuation of your home 

Ellie 239-776-5077  Ellie@StepsToTheBeach.com  –  Tim 239-272-4848   TimCranch@StepsToTheBeach.com

Looking for a Pet Friendly Community?  Call us 239-272-4848 we know the pet friendly neighborhoods.

Naples FL Communities

Aqualane Shores (Boating) –  Olde Naples (Beach Cottages & Luxury Estates)  –  Coquina Sands (Beach & Bay)  – The Moorings (Beach & Bay)  –  Park Shore (Beach & Bay)  –  Seagate  –  Pelican Bay (Beach & Golf)  –  Pelican Marsh  –  Vanderbilt Beach (Beach Front)  –  Connors (Boating)  –  Naples Park (Walk to Beach)   –  Monterey  –   Autumn Woods  –  The Dunes  (Resort Style)  –  Pelican Isle Yacht Club Condominiums (Boating) –  Tarpon Cove  –  Audubon Country Club  (Golf)  –  Banyan Woods  –  Vineyards  – 

Bonita Springs FL Communities

Barefoot Beach (Beach & Boating)  –  Bonita Beach (Beach Front Homes & Condos)  –  Highland Woods (Bundled Golf)  –  Spanish Wells (Golf)  –  Vanderbilt Lakes  (Lake View Homes)

  Buyers   –   Sellers   –   Property Management

www.StepsToTheBeach.com

 

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Filed Under: Naples Real Estate News Tagged With: Market Watch, Naples FL Real Estate, Today's Sales & Market Activity

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