Market Conditions — August 2023

Market Conditions — August 2023

Market Resiliency Fuels Home Sales in August Inventory is selling quickly, and prices are stable in the Naples housing market. According to the August 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®) closed sales of homes in Naples during August increased 17% compared to July closed sales, and 1.9% to 702 closed sales [...]
Market Conditions — July 2023

Market Conditions — July 2023

Home Prices Hold Steady in July While much of America grapples with unfamiliarly high interest rates that have stalemated the resale home market, broker analysts reviewing the July 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®) point to data that shows home sales activity in Naples has remained steady for the past year [...]
Market Conditions — June 2023

Market Conditions — June 2023

Naples Housing Market Prime for Summer Buyers Broker analysts reviewing the June 2023 Market Report by the Naples Area Board of REALTORS® believe a surge in summer travel contributed to the reduction in home sales in Naples during June. The report showed a 13.6% decrease in overall closed sales for the month to 837 closed [...]
Market Conditions — May 2023

Market Conditions — May 2023

Home Prices Holding Steady A slight reduction in overall median closed price along with fewer new listings during May indicates a window of opportunity for both buyers and sellers this summer. According to the May 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®), overall median closed price decreased 1.2% to $600,000 from [...]

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