Naples area real estate sales continue to decrease

By Naples News Now | October 29, 2022
A woman with blonde hair and blue jacket.

Overall home inventory in Collier County, excluding Marco Island, increased 55% in September compared to September 2021, according to a market report from Naples Area Board of Realtors that doesn’t include the final two days of September which were impacted by Hurricane Ian. In addition, pending and overall closed sales were down 43% and 44%, respectively, while new listings decreased 30%. The median closed price increased 22% from September 2021 to $555,000, with homes staying on the market for an average of 40 days. 

News source: Gulfshore Business

PHOTO CREDIT:NAPLES AREA BOARD OF REALTORS

Posted in Business