Third Quarter Market Update

By November 1, 2015 No Comments
market update
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