Median Price of For Sale vs. Sold Properties in Naples, Florida

This Chart and supporting data are based on activity within all residential property types except co-op, timeshare and mobile units.  The asking prices are still marching higher while the accepted offers are telling the real story.  Sometimes you just have to try to get that extra buck, however this clearly shows you are simply wasting your time.  The statistics which Associates provide to their Sellers substantiate where a realistic offer should be.  Knowing that, it appears we'll shoot for the moon regardless.  It was not expected that we see the highest differential occur this past month but it is a telltale.  Time and money are the tangibles that work together so, so well in the Real Estate market, let's try to get some asking prices more in line with the reality of the market.  When done properly you'll save on both of those merits.  

With the supply steadily decreasing some may feel that this makes their home much more valuable.  Under normal circumstances that would be true yet we have much more road to travel for that to be the case as shown here.  We're not quite ready to think about jumping the gun.  You just might get disqualified!