Naples Real Estate Market Update – July-20152Q Report Indicates Housing Market is On Pace to Be a Great Year
Posted on July 20, 2015
The bottom line on the second quarter real estate market is that great things are worth repeating! 2014 turned out to be a great year and 2015 is looking like the same. The number of new sales and closings for the first half of 2015 are right on track with the numbers from 2014. The difference is that the median sales price is up 14% over last year for a new overall median sales price of $290,000.
Inventory remains the same as last year with 2,133 single family homes and 1,565 condominiums currently on the market. Also, we have 35 New Home Communities as part of our inventory with pricing, location and styles for every price range and buyer!