Naples Golf Guy’s November 2015 Market Report provides up to date information on real estate trends in the Naples and Bonita Springs areas.  Southwest Florida’s single-family home price growth in the third quarter was among the highest in the nation according to the latest report released by the National Association of Realtors.

In Naples, overall closed sales for single-family homes in the $1-million to $2-million price category outpaced all other price categories with a 79 percent increase (quarter over quarter) from 56 single-family homes sold in the Third Quarter of 2014 to 100 sold in the Third Quarter of 2015 according to NABOR’s latest statistics.

Geographically, inland neighborhoods of Naples and the South Naples condo market saw the most activity.  According to a quarterly comparison of the Q3 2014 versus Q3 2015, the South Naples condo market saw an 8% increase in pending sales, a 9% increase in closed sales, and a 24% increase in median closed price.

• Pending sales decreased 1% from 2,304 to 2,270 homes
• Closed sales increased 3% from 9,658 to 9,956 homes
• Inventory decreased 3% from 3,702 to 3,606 homes
• There is a 4.24 months supply of inventory
• Average days on market decreased 1% to 77 days

Are you considering buying a home in Naples?  Or perhaps Bonita Springs.  Let me be your guide.

Matt Klinowski – Golf Community Real Estate Expert – 239-370-0892