November 1, 2015
Third Quarter Market Update
Third Quarter Reports
“The third quarter report confirmed to us that summer was strong for home sales,” said Mike Hughes, NABOR® president. More activity this summer than we normally see.
The North Naples Area for Condo sales saw a 15% increase in the median price! The inventory is down 6% and the average Condo’s were on the market was 48% less than last year at this time.
The number of closed sales for condo’s in the $1million-$2million price range were up 11% this 3rd quarter compared to last year.
Kalea Bay has 3 new sales in the last week of October.
We are expecting our selling season to be the best we have seen in years!
Naples picked a winner..
Best Small Cities in the U.S.: Readers’ Choice Awards 2015 – Condé Nast Traveler
