"March Housing Market Report Has a Silver Lining."
Naples, Fla. (April 26, 2023) – Closed sales of homes in Naples during the first quarter of 2023 exceeded closed sales reported in the first quarter of 2019 (pre-COVID) when inventory levels were nearly three times the current level. According to the March 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), overall inventory in March increased 92.4 percent to 2,900 properties from 1,507 properties in March 2022. While still historically low at 3.6 months of inventory, overall inventory in Naples has continued to increase ever since it bottomed out at 0.8 months of inventory in December 2021.
TO DISCUSS MARKET CONDITIONS IN FURTHER DETAIL... MESSAGE US BELOW OR CALL US DIRECTLY AT (239) 438-1102
Find out How Much your Home is Worth Instantly! Click here for a Free Home Evaluation
Instantly search just listed homes in Naples! Click here to search now
Search Active Naples Real Estate Listings
QUESTIONS?
Introducing a Sophisticated Approach to Naples Real Estate...
Connect with Real Estate Advisors... not Salespeople.
Our team strongly believes in advising our clients on their best option. Connect with one of our Real Estate Advisors today to discuss your goals and put together a solid plan in order to achieve that goal.
We offer Free Consultations that are always Pressure-free and without any commitment!
Leave A Comment