The Naples Real Estate Market continues its steady improvement!
Sales increase again for Naples real estate
Sales continue to rise in Naples Real Estate Market!
During the past seven months, Naples has witnessed a steadily increasing real estate market in comparison to last year. Activity has increased from 293 sales a year ago to 370 now, mostly centralized in the Collier County area excluding Marco Island. The Naples region alone has seen a 92% increase in pending sales adding to an overall 13% rise in sales in Collier County. Median prices, the price at which half the homes sell for more and half for less, continue to fall showing a drop in value from $375,000 to $238,000. According to Sunshine MLS most activity has been seen in homes priced at $300,000. So far, the market has shown 222 sales made in the last month proving the market is continuing to increase.