The Olde Naples real estate market overall could be leaning more towards a SELLER's market this season since the community has clearly recovered and is only experiencing a peep over 8 months of active listing inventory. But when we break it down there's still a segment that's in an oversupply situation and perhaps may offer a little more opportunity for those who are still trying to get a "good buy".
Here's the Olde Naples Real Estate Results … (3 comments)
olde naples condos: Olde Naples Florida Market Update 5/8/12
- 05/08/12 04:09 AM
Olde Naples is in an under-supplied inventory situation but I am not seeing a typical trend here! With 183 closed sales during the past 12 months and 33 Olde Naples listings currently under contract, you would think prices and negotiations would be changing more in favor for the seller....but that's not what numbers are showing... Olde Naples sales are up 17% compared to the year before and inventories have since not only stabilized but are tilted slightly towards an under-supply which means negotiations should be tightening and pricing should start going up but look at these results:During the past 12 months:70 Olde Naples Homes have sold (20% increase over 12 … (0 comments)
Author Bio: Shannon Lefevre, PA sells Naples Florida real estate and has been doing so successfully since 2002. That's why many call her Naples Smart Girl.
Happy Fall Friends! Here's my latest Olde Naples Florida market analysis. No tricks here today, just treats so let's get started!
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