Monday, May 30, 2011
Thursday, May 26, 2011
Monday, May 23, 2011
Tuesday, May 17, 2011
Presently there are 6,717 Active Listings in the Naples area MLS. 2,996 of them are priced at or below $300,000. 1,152 are priced at or above $1 million, and only 612 of them are 'short sales'.
Currently there are 2,359 homes & condos under contract [pending, or active with contingencies].
There have been 3,438 closed sales year to date. Of those, 295 have been Previews properties: those listed at or above $1 million, and 2,321 of the 3,438 closed sales were listed below $300,000 which is approximately 67% of the closings.
Short Sales get a lot of press, but only 13% of the total closings year to date were listed in MLS as short sales. In addition, only 11 total closings priced above $1 million were short sales!
Of the 932 closings last month, nearly 700 were cash buyers!
I suggest you take advantage of this time of year, and come back to Naples to look around. The hotels and restaurants offer some fabulous discounts...the weather is beautiful, and there are some amazing real estate opportunities!
We look forward to hearing from you soon, and hope to earn your business. Make it a great day,
The Naples Real Estate Blogger
*info is derived from the local Naples sunshine MLS and is deemed accurate.