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 [...]

September 1, 2023
Market Report, Real Estate, Update

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 [...]

July 29, 2023
Market Report, Real Estate, Update

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 [...]

June 28, 2023
Market Report, Real Estate, Update

Market Conditions — April 2023

Home Values Continue to Climb in April The Naples real estate market enjoyed another month of increased home values driven mainly by another month of below typical inventory levels. According to the area’s top real estate brokers, resale home inventory in Naples this year will unlikely spike to levels we enjoyed before the pandemic. However, [...]