Median Home Prices Jump

According to NABOR, The Naples Area Board of Realtors, median home prices jump 13% in April. The report shows the overall median closed price in April jumped to $250,000, or 13 percent, over the same month last year. “This was fueled mostly by activity on both ends of the price spectrum,” according to NABOR. Homes in the $0-to-$300,000 price category saw an increase in the median home price from $168,000 to $185,000 or 10 percent for the past 12 months. Homes in the $2 million-and-above price category jumped 9 percent from $2.9 million to $3.175 million in the past 12 months. Average days on market decreased 28 percent from 99 homes in April 2014 to 71 homes in April 2015, according to NABOR.

Begin Your Naples Property Search

So, if you’re ready to begin your search for your southwest Florida Luxury home or condo, we encourage you to explore our website to find information about communities in the area.  If golf is your game, we specialize in golf community real estate and would be happy to help you navigate the more than 150 different golf communities in our area.  If you prefer a more direct approach, we will provide a list of properties that meet your criteria and/or communities that meet your needs.

Also, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours.  There is no cost for you to have an agent represent you. In fact, we may be able to help you save money and negotiate for extras which the builder may not let you know about.

Lastly, we will handle all contract negotiations for your property from offer to close!

May 27, 2015 Posted by Matt