As of today we've marched through 9,376 sales, more than any year in our history. All segments of the pie continue to sweeten for the Sellers. Reduced inventory continues to bring the Buyers and their competitive spirit to the forefront. These "Pinwheel' reports started as a curiosity and this is it's 4th SOLD's edition. If you aren't familiar with what you're seeing, each segment represents approximately one quarter of the whole. In this instance, it's as close to 2,344 units per section as the statistics will allow. The extremes haven't changed and include a $7,000.00 2/1 condominium having 720 square feet. The vintage 4,300+ square foot 1920's beachfront home situated on slightly more than 1.4 acres and selling for $16,000,000.00 remains the top seller since November. We've enjoyed six other $10,000,000+ sales this season and expect several more to come.
Today I have 2 Pinwheels blowing, one for the Here and Now and the other for Old Times Sake
The chart below is most likely of our best year ever. In term of units sold it's in 2nd place, and I venture to say it has to be #1 in terms of closed sale dollar volume. Totaling 9,237 residences and comparing the numbers on each chart you'll see why too! They're Black & White for a reason, that is to show the nearly 10 year history it took to emerge from the Dark Ages of Real Estate.
Look HERE for the previous reports to see how we're progressing. Watching the weather around the Nation it appears that we're possibly the "Coolest" spot to retreat to this Summer. If only it could continue? The pace has slowed and we do have air conditioning so if Naples has been on your horizon it's a quiet time to secure your piece of the pie. There are still plenty of varieties of homes to meet your Real Estate recipe. See you soon!
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