Vineyards Home Price Reduced

Spectacular Vineyards Home price was just reduced by $50,000. Nestled within the Hammock Isles neighborhood of The Vineyards, this luxury pool home is in one of the few golf communities with two courses.

5620 Hammock Isles, Naples FL – List Price $1,350,000

Discover Coastal Contemporary Luxury in The Vineyards

Welcome to your dream home in the heart of Naples! Nestled in the prestigious Vineyards community, this remodeled Palermo model seamlessly combines luxury, comfort, and modern living. Designed with a coastal contemporary flair, this light and bright 3-bedroom + den residence offers a spacious open floor plan with soaring volume ceilings, creating an inviting and airy ambiance that feels like home the moment you walk in.

A Home Designed for Living and Entertaining

Imagine waking up to serene preserve views, perfectly complemented by the sleek upgrades throughout this stunning property. New luxury vinyl flooring flows seamlessly through every room, while the fully remodeled primary bathroom is a true spa-like retreat, featuring dual sinks, a standalone tub, a walk-in shower, and two custom walk-in closets. The kitchen is a showstopper, boasting refinished cabinetry, a stylish backsplash, and top-of-the-line GE Profile appliances (2021). Grasscloth accents in the entry and hallway add a sophisticated touch, making this home both functional and elegant.

Indoor-Outdoor Living at Its Best

Transition effortlessly from the indoors to the expansive lanai through the Euro-Wall Vista Fold system. Whether you’re hosting friends or simply relaxing, the sparkling pool and spa provide the perfect outdoor escape. This home is designed for both comfort and peace of mind, with upgrades like a hurricane-impact entry door, fresh custom interior paint, new ceiling fans, and two new A/C units (2022). The GE Profile washer and dryer (2024), as well as a newer hot water heater and pool pump (both 2019), ensure modern convenience and reliability.

The Vineyards Lifestyle

Living in The Vineyards means enjoying one of Naples’ most sought-after communities. Optional membership in the private Vineyards Golf Club offers access to two championship golf courses, tennis, pickleball, bocce, a state-of-the-art fitness center, and fine dining. Beyond the community, you’re just minutes from Naples’ best attractions, including pristine beaches, 5th Avenue South, Waterside Shops, and Mercato.

This home is more than just a place to live—it’s an opportunity to experience the ultimate Naples lifestyle. With its tranquil setting, modern upgrades, and prime location, this property won’t be available for long.

Schedule your private tour today and make this Vineyards gem your own!

December 27th, 2024 Posted by Matt

The Lee County November Housing Market reports showed 1,081 properties sold for $566 million during the month in Bonita Springs, Cape Coral, Captiva, Estero, Fort Myers, Fort Myers Beach, Miromar Lakes, Sanibel, and surrounding areas. Year-to-date, 8.8 billion worth of properties have been sold throughout the county.

The luxury market remained strong in November, with 73 properties sold at or above $1 million, up from 63 in October. The highest-priced sale was a waterfront single-family home on Bonita Beach for $12,600,000.

Furthermore, sixty percent of the top ten sales were west of U.S. 41, with the three most expensive homes sold having direct views or access to the Gulf of Mexico. Notably, sixty percent of the top ten sales were built in 2022 or later. Why is this important? Stringent building codes require elevated newer homes and extensive hurricane protection.

Additionally, thirty percent of the top 10 sales in the county were in golf communities. These luxury golf homes sold in Bonita Bay, Shadow Wood , and The Colony, and their prices ranged from $3,000,000 to $3,050,000.

Overall, the state economy is strong, as evidenced by the revenue exceeding expectations again! According to the Legislature’s Office of Economic and Demographic Research report, the state brought in $161.8 million more than anticipated in general tax revenue. Additionally, Governor Desantis approved $578 million to expand I-75 from 6 lanes to 8 lanes from Corkscrew Road in Estero down to Golden Gate Parkway in Naples.

The additional funding by the state will enable the project to be completed 10 years ahead of schedule and reduce travel times by 47 percent. How many states can say they have extra money in their coffers and will complete road projects ahead of schedule?

Are you ready to relocate to the Sunshine State?

Lee County November Housing Market Report – Single-Family Homes

November 2024 versus November 2023 Single Family Home Highlights:

• Closed sales decreased 8 percent, going from 943 transactions down to 868 sales.
• Pending sales increased 1.1 percent, up from 966 last November to 977 this November.
• Inventory increased 27.2 percent to 7,913 properties for sale, compared to 6,223 homes for sale last year.
• New listings increased from 1,727 to 2,1206, a 23.1 percent jump.
• Median days on market increased to 58 days, a 26.1 percent increase, versus November of 2023.
• Inventory of single-family homes available for sale ended November with a 7-month supply, up from a 5.5-month supply in November 2023.

Experience Coastal Contemporary Luxury in The Vineyards Open House Sunday!

🏡 Vineyards Open House Sunday in Hammock Isles: 1-3 PM
Don’t miss your chance to explore this stunning remodeled Palermo model in person! Located in the prestigious Vineyards community of Naples, this 3-bedroom + den masterpiece is where luxury and modern living meet in perfect harmony.

5620 Hammock Isles, Naples FL – List Price $1,400,000

Why You Need to See This Home Sunday

Step inside and be greeted by soaring volume ceilings, an open floor plan, and a design that radiates coastal contemporary elegance. From the new luxury vinyl flooring to the spa-like remodeled primary bathroom, every detail in this home has been thoughtfully crafted.

Imagine:

• Entertaining in style in your beautifully upgraded kitchen featuring refinished cabinetry, a chic backsplash, and top-of-the-line GE Profile appliances.
• Unwinding in your private oasis, with preserve views and an expansive lanai boasting a sparkling pool and spa, seamlessly connected to the indoors by the Euro-Wall Vista Fold system.
• Enjoying peace of mind, thanks to recent upgrades like a hurricane-impact entry door, two new A/C units (2022), and GE Profile washer and dryer (2024).

Live the Vineyards Lifestyle

Beyond the home, The Vineyards offers a lifestyle that’s second to none. Optional membership in the exclusive Vineyards Golf Club opens the door to two championship golf courses, tennis, pickleball, bocce, and a world-class fitness center. Plus, you’re just minutes from Naples’ finest beaches, dining, and shopping.

Don’t Wait—Discover Your Dream Home Today!

📅 Open House Sunday: 1-3 PM
📍 Location: The Vineyards, Naples

This is your opportunity to experience this coastal contemporary gem firsthand. Whether you’re looking for your forever home or your next luxurious retreat, this property has it all.

📞 Questions? Contact us now for more details. We can’t wait to welcome you!

Results You Can Count On

December 23rd, 2024  Posted by Matt

Struggling To Sell Your House? Read This.

When you sell your house, ideally, you want it to go something like this: your house sells for top dollar, you get it sold quickly, and it all goes down without a hitch.

But what many people don’t realize is that even in today’s market where there are more buyers than homes for sale, there are still things that can cause delays or even keep a house from selling. According to Zillow, in 2024, as many as 1 in 3 sellers took their home off the market before it ultimately sold.

And while the reasons those houses didn’t sell are going to vary, there are some general themes that come through. If you’re having trouble getting your house sold, here are the top three hurdles that could be getting in the way, and how an expert agent can help you solve these issues.

1. Priced Too High

It’s no surprise that price plays a major role when you sell. And in today’s market, overpricing a home in a high-mortgage rate environment is the biggest thing keeping homes on the market longer than the norm. As. U.S. News Real Estate says:

“Talk to any real estate expert, and the first thing they’ll tell you is that a house is selling slowly because the price is too high.”

While it’s tempting to push the price higher to get more for your home, overpricing can really turn away potential buyers. It can also make your house sit on the market for far too long. And the longer it sits, the more skeptical buyers will be that there’s something wrong, even if there isn’t.

Not to mention, buyers today have so many tools and resources to view homes in your area and compare prices. So, if your house is priced too high, you’ll risk driving away potential offers.

To find out if this is happening with your listing, talk to your agent about what they’re hearing at open houses and showings. If the feedback is consistent, it may be time to re-evaluate your asking price. 

2. Not Freshened Up Before Listing

You only get one chance to make a great first impression on a buyer. That’s why sprucing up your house can be the difference between it selling or sitting.

First, take into account your home’s curb appeal. There may be easy ways you can clean up the landscaping to make it tidy, inviting, and really make an impact. As an article from Realtor.com notes:

” . . . for better or worse, buyers do tend to judge a book by its cover. You want to make sure potential buyers’ first impression of your home is a good one—and inspires them to stop by the open house or schedule a tour—so they can see more.”

But don’t stop at the front door. Small touches like removing personal items, reducing clutter, and cleaning the floors give buyers more freedom to picture themselves in the home. And inexpensive upgrades like a fresh coat of paint or updated listing photos to match the current season can go a long way with that wow factor.

When in doubt, lean on your real estate agent for expert advice and whether you need a new game plan to close the deal.

3. Limited Access

Another big mistake you can make as a seller is limiting the days and times that buyers can view your house. Because at the end of the day, if buyers can’t take a look around, your chances of selling decline — drastically.

And here’s something else to consider. No matter what type of market you’re dealing with, buyers from outside the area are often highly motivated, but they don’t have as much flexibility or time as those who are local. So, give your house the best visibility by making it available as much as possible.

Bottom Line if You Are Struggling to Sell Your House

You deserve to check selling your house off your list of goals this year. So, if your house isn’t getting enough attention or your listing is getting stale, don’t be afraid to ask your trusted real estate agent how you can revamp your approach.

Results You Can Count On

December 21st, 2024  Posted by Matt

The Biggest Perks of Buying a Home This Winter

Waiting for perfect market conditions often means missing out. Because what you may not realize is, if you’re ready and able to buy, this time of year could actually give you an edge. Here’s why. As the weather cools down, the housing market can too – and that works in your favor.

You Likely Won’t Feel as Rushed

Homes tend to take a little longer to sell during this time of year. Data from the National Association of Realtors (NAR) shows the average time a house sits on the market jumps up during the winter months (see the green bars in the graph below):

This is partly because fewer buyers are active at this time of year – and that decrease in buyer competition means the houses that are on the market aren’t going to be snatched up as quickly. So, if you decide to buy a home in the next couple of months, you’ll likely have more time to consider your options and negotiate a deal without feeling as pressured.

Sellers May Be More Willing To Negotiate

And since homes generally take longer to sell during the winter, sellers are often more motivated to close a deal. That can work in your favor, too. According to NAR:

“Less competition can lead to better deals. While homes are not selling as fast as during the summer, sellers may be more willing to negotiate.”

Whether it’s compromising on price, covering closing costs or repairs, or including extras like appliances, you have more room to ask for what you need.

Homes Are Less Expensive in the Winter

With less competition from other buyers and sellers who are more willing to negotiate, you may see slightly lower prices too. In fact, according to NAR, homes are typically about 5% less expensive now compared to when prices normally peak in the summer.

That might not seem like a huge difference, but on a $400,000 home, it could mean savings of $20,000 on the purchase price.

You can see this expected seasonal shift in home prices taking place this year. Take a look at the graph below showing the median sales price of existing homes (homes that were previously owned) over the past 12 months. You’ll notice in the green bars that prices were lower in the winter months last year, and it seems like that’s going to happen again this year. That gives you the chance to make your budget go further:

Bottom Line

Buying a home during the winter means less competition, motivated sellers, and potentially lower prices, too. Let’s work together to find the right one at the right price for you.

Results You Can Count On

December 20, 2024  Posted by Matt

Experience Coastal Contemporary Luxury at Today’s Open House in The Vineyards!

🏡 Open House in The Vineyards: Today, 1-4 PM
Don’t miss your chance to explore this stunning remodeled Palermo model in person! Located in the prestigious Vineyards community of Naples, this 3-bedroom + den masterpiece is where luxury and modern living meet in perfect harmony.

5620 Hammock Isles, Naples FL – List Price $1,400,000

Why You Need to See This Home Today

Step inside and be greeted by soaring volume ceilings, an open floor plan, and a design that radiates coastal contemporary elegance. From the new luxury vinyl flooring to the spa-like remodeled primary bathroom, every detail in this home has been thoughtfully crafted.

Imagine:

• Entertaining in style in your beautifully upgraded kitchen featuring refinished cabinetry, a chic backsplash, and top-of-the-line GE Profile appliances.
• Unwinding in your private oasis, with preserve views and an expansive lanai boasting a sparkling pool and spa, seamlessly connected to the indoors by the Euro-Wall Vista Fold system.
• Enjoying peace of mind, thanks to recent upgrades like a hurricane-impact entry door, two new A/C units (2022), and GE Profile washer and dryer (2024).

Live the Vineyards Lifestyle

Beyond the home, The Vineyards offers a lifestyle that’s second to none. Optional membership in the exclusive Vineyards Golf Club opens the door to two championship golf courses, tennis, pickleball, bocce, and a world-class fitness center. Plus, you’re just minutes from Naples’ finest beaches, dining, and shopping.

Don’t Wait—Discover Your Dream Home Today!

📅 Open House Today: 1-4 PM
📍 Location: The Vineyards, Naples

This is your opportunity to experience this coastal contemporary gem firsthand. Whether you’re looking for your forever home or your next luxurious retreat, this property has it all.

📞 Questions? Contact us now for more details. We can’t wait to welcome you!

Results You Can Count On

December 15, 2024  Posted by Matt

Esplanade Home Pending

Congratulations to our Buyers who just went to contract on this Esplanade Home Pending Sale. This single family pool home is in one of the top bundled golf communities in Naples Florida.

Esplanade Home Pending – 9247 Rialto Ln. Naples FL – List Price $2,395,000

Under Contract: Stunning Francesco Model in Esplanade Golf & Country Club

Exciting news—our buyers have secured this exceptional Francesco model in the coveted Esplanade Golf & Country Club! This meticulously designed home offers 3 bedrooms, a den, 3.5 baths, and a spacious 3-car garage, all set on an oversized lot with breathtaking southwestern lake views.

Inside the Home

The moment you step through the double glass doors, you’re greeted by a light-filled great room with soaring 12-foot ceilings, coffered tray details, and gleaming 24″x 24″ tile flooring. The open floor plan seamlessly connects indoor and outdoor spaces, perfect for entertaining or everyday relaxation.

A Chef’s Dream Kitchen

The gourmet kitchen boasts:

• An expansive island for hosting and meal prep
• Shaker-style cabinetry paired with quartz countertops
• GE appliances, including a gas cooktop and wall ovens
• Double-stacked display cabinets with LED lighting

The kitchen blends functionality and style, creating a welcoming space for culinary creations.

Resort-Style Outdoor Living

The extended lanai creates the ultimate retreat with:

• A gas-heated saltwater pool and spa with a sunshelf
• A fully equipped outdoor kitchen complete with grill, hood, and refrigerator
• A cozy gas fireplace wall for cool evenings
• Ample space for lounging, dining, and soaking up stunning lake views

The panoramic screen cage highlights the serene surroundings, while the home’s western exposure ensures breathtaking sunsets every evening.

Luxury Upgrades Throughout

This home is filled with thoughtful upgrades, including:

• Electric roll-down hurricane screens on the lanai
• Custom closet cabinetry and plantation shutters
• Designer lighting and chandeliers
• Quartz countertops and upgraded tile in all bathrooms
• A freshly painted exterior with professional landscape lighting

The Esplanade Lifestyle

This sale includes a FULL GOLF MEMBERSHIP, giving our buyers access to the best of Esplanade’s resort-style amenities, including:

• An 18-hole private golf course
• A resort pool with cabanas and the poolside Bahama Bar
• Tennis, pickleball, bocce courts, and a state-of-the-art fitness center
• The 15,000 sq. ft. clubhouse with fine dining, a wine tasting room, and a Starbucks-style café

With low monthly fees of $1,042 covering landscaping, irrigation, and golf membership dues, this community offers unparalleled value and lifestyle.

Congratulations to Our Buyers!

We’re thrilled to have helped our buyers find their dream home in Esplanade Golf & Country Club. If you’re considering a move to this sought-after community, or anywhere in the Naples area, let’s talk! Your next dream home could be just one call away.

Contact us today to explore available properties and make your Naples real estate dreams a reality!

Southwest Florida Luxury Golf Property Housing Trends

Your go-to resource for luxury golf property housing trends in Southwest Florida golf communities for Naples, Bonita Springs, Estero, Fort Myers, Bradenton, Lakewood Ranch, and Sarasota.

Below you will find highlights for the latest real estate statistics for single-family golf homes and golf condos in our area for the past 12 months.

Luxury Golf Property Housing Trends – Single Family Homes

NAPLES Florida Golf Community Real Estate Trends – Single Family Homes

Audubon Country Club – 5 properties for sale, 21 properties closed over the past 12 months and average sales price $2,742,738

Collier’s Reserve – 5 properties for sale, 13 properties closed over the past 12 months and average sales price $2,900,491

Greyhawk at GC of the Everglades – 16 properties for sale, 23 properties closed over the past 12 months and average sales price $1,454,783

Grey Oaks – 14 properties for sale, 42 properties closed over the past 12 months and average sales price $4,367,929

Kensington – 3 properties for sale, 16 properties closed over the past 12 months and average sales price $1,617,875

Lely Resort – 50 properties for sale, 73 properties closed over the past 12 months and average sales price $1,446,153

Mediterra – 25 properties for sale, 20 properties closed over the past 12 months and average sales price $4,371,769

Olde Cypress – 7 properties for sale, 16 properties closed over the past 12 months and average sales price $1,669,969

Pelican Bay – 33 properties for sale, 15 properties closed over the past 12 months and average sales price $6,089,000

Pelican Bay (Estates at Bay Colony) – 0 properties for sale, 0 properties closed over the past 12 months

Pelican Marsh – 13 properties for sale, 27 properties closed over the past 12 months and average sales price $1,842,426

Quail Creek – 11 properties for sale, 20 properties closed over the past 12 months and average sales price $2,475,650

Quail West – 23 properties for sale, 41 properties closed over the past 12 months and average sales price $4,418,865

Talis Park – 6 properties for sale, 8 properties closed over the past 12 months and average sales price $5,081,208

Tiburon – 3 properties for sale, 9 properties closed over the past 12 months and average sales price $3,735,000

Treviso Bay – 8 properties for sale, 17 properties closed over the past 12 months and average sales price $2,399,265

Vineyards – 19 properties for sale, 46 properties closed over the past 12 months and average sales price $1,273,170

BONITA SPRINGS Florida Golf Community Real Estate Trends – Single Family Homes

Bonita Bay – 30 properties for sale, 46 properties closed over the past 12 months and average sales price $2,620,065

Palmira – 12 properties for sale, 26 properties closed over the past 12 months and average sales price $1,103,894

Pelican Landing – 16 properties for sale, 39 properties closed over the past 12 months and average sales price $1,395,215

Pelican Landing (The Colony) – 7 properties for sale, 9 properties closed over the past 12 months and average sales price $2,473,667

ESTERO Florida Golf Community Real Estate Trends – Single Family Luxury Homes

Miromar Lakes – 30 properties for sale, 28 properties closed over the past 12 months and average sales price $2,957,086

Pelican Sound –  0 properties for sale, 5 properties closed over the past 12 months and average sales price $1,140,380

Shadow Wood – 10 properties for sale, 50 properties closed over the past 12 months and average sales price $1,693,060

West Bay Club – 8 properties for sale, 15 properties closed over the past 12 months and average sales price $1,937,084

FORT MYERS Florida Golf Community Real Estate Trends – Single Family Luxury Homes

Gulf Harbour Yacht and Country Club – 10 properties for sale, 13 properties closed over the past 12 months and average sales price $1,503,692

The Forest – 17 properties for sale, 22 properties closed over the past 12 months and average sales price $685,773

BRADENTON Florida Recent Golf Community Real Estate Trends – Single Family Luxury Homes

Concession – 8 properties for sale, 13 properties closed over the past 14 months and average sales price $3,790,599

Founders Club – 11 properties for sale, 11 properties closed over the past 9 months and average sales price $2,782,938

Esplanade at Lakewood Ranch – 32 properties for sale, 52 properties closed over the past 12 months and average sales price $1,062,047

Esplanade at Azario – 22 properties for sale, 94 properties closed over the past 12 months and average sales price $1,121,804

SARASOTA Florida Golf Community Real Estate Trends – Single Family Luxury Homes

TPC Prestancia – 6 properties for sale, 17 properties closed over the past 12 months and average sales price $1,123,735

Luxury Golf Property Housing Trends – Condos

NAPLES Florida Golf Community Real Estate Trends –  Condos

Audubon Country Club – 2 properties for sale, 4 properties closed over the past 12 months $1,562,250

Grey Oaks – 3 properties for sale, 17 properties closed over the past 12 months and average sales price $2,892,294

Hammock Bay – 32 properties for sale, 27 properties closed over the past 12 months and average sales price $748,463

Kensington – 4 properties for sale, 18 properties closed over the past 12 months and average sales price $875,056

Lely Resort – 83 properties for sale, 111 properties closed over the past 12 months and average sales price $592,071

Mediterra – 19 properties for sale, 19 properties closed over the past 12 months and average sales price $2,190,789

Pelican Bay – 172 properties for sale, 226 properties closed over the past 12 months and average sales price $1,963,755

Pelican Marsh – 20 properties for sale, 45 properties closed over the past 12 months and average sales price $839,478

Talis Park – 21 properties for sale, 31 properties closed over the past 12 months and average sales price $1,565,480

Tiburon – 19 properties for sale, 13 properties closed over the past 12 months and average sales price $1,388,542

Treviso Bay – 27 properties for sale, 69 properties closed over the past 12 months and average sales price $624,936

Vineyards – 48 properties for sale, 66 properties closed over the past 12 months and average sales price $662,893

BONITA SPRINGS Florida Golf Community Real Estate Trends – Condos

Bonita Bay – 92 properties for sale, 145 properties closed over the past 12 months and average sales price $1,426,764

Palmira – 7 properties for sale, 13 properties closed over the past 12 months and average sales price $662,077

Pelican Landing – 40 properties for sale, 48 properties closed over the past 12 months and average sales price $580,865

Pelican Landing (The Colony) – 46 properties for sale, 36 properties closed over the past 12 months and average sales price $1,293,139

ESTERO Florida Golf Community Real Estate Trends – Condos

Miromar Lakes – 34 properties for sale, 33 properties closed over the past 12 months and average sales price $1,205,849

Pelican Sound – 6 properties for sale, 41 properties closed over the past 12 months and average sales price $618,939

Shadow Wood – 7 properties for sale, 25 properties closed over the past 12 months and average sales price $687,740

West Bay Club – 22 properties for sale, 26 properties closed over the past 12 months and average sales price $814,846

FORT MYERS Florida Golf Community Real Estate Trends – Condos

Gulf Harbour Yacht and Country Club – 62 properties for sale, 75 properties closed over the past 12 months and average sales price $743,305

The Forest – 26 properties for sale, 36 properties closed over the past 12 months and average sales price $327,594

BRADENTON Florida Golf Community Real Estate Trends – Condos

Esplanade at Lakewood Ranch – 12 properties for sale, 13 properties closed over the past 12 months and average sales price $489,192

Esplanade at Azario – 8 properties for sale, 25 properties closed over the past 12 months and average sales price $536,113

SARASOTA Florida Golf Community Real Estate Trends – Condos

TPC Prestancia – 7 properties for sale, 5 properties closed over the past 12 months and average sales price $604,100

Lee County October Housing Market Report

The Lee County October Housing Market reports showed that 1,147 properties sold for $567 million during the month in Bonita Springs, Cape Coral, Captiva, Estero, Fort Myers, Fort Myers Beach, Miromar Lakes, Sanibel, and surrounding areas. Year-to-date, 8.6 billion worth of properties have been sold throughout the county.

Despite two hurricanes, the luxury market remained strong in October, with 63 properties sold at or above $1 million, up from 50 in September. The highest-priced sale was a New Construction single-family home on Bonita Bay for $5,945,000.

Furthermore, seventy percent of the top 10 sales in the county were in golf communities. These luxury golf homes sold in Bonita Bay, Quail West, Renaissance, Shadow Wood , and Miromar Lakes, and their prices ranged from $2,575,000 to $5,945,000.

Southwest Florida has also emerged as a leader in the commercial real estate sector. A recent report from CommercialCafe ranked Southwest Florida among the top 10 mid-size markets for office space in the third quarter of 2024, highlighting its growing appeal for businesses. Also, the state’s economy continues to thrive. Once again, Florida’s general revenue exceeded expectations by $28.4 million in September.

With a robust state economy, it should be no surprise that a new report from the National Association of Realtors shows more people are moving to Florida than anywhere else in the country. The net migration to the Sunshine State in 2023 was 372,870, based on data from the U.S. Census analyzed by the association. Texas had the next highest net migration, with more than 315,300 people moving there in 2023.

Are you ready to buy a home in the Sunshine State?

Lee County October Housing Market Report – Single-Family Homes

October 2024 versus October 2023 Single Family Home Highlights:

• Closed sales decreased 13.6 percent, going from 1,025 transactions down to 886 sales.
• Pending sales decreased 21.5 percent, down from 1,553 last October to 1,219 this October.
• Inventory increased 24.3 percent to 7,057 properties for sale, compared to 5,676 homes for sale last year.
• New listings decreased from 1,861 to 1,606, a 13.7 percent decline.
• Median days on market increased to 55 days, a 19.6 percent increase, versus October of 2023.
• Inventory of single-family homes available for sale ended October with a 6.2-month supply, up from a 5.1-month supply in October 2023.