The Naples Florida Market started the year very strong. The overall closed sale was up by 6% in January. The overall closed sales and overall increase in Inventory of 34 % to 5,946 from last year 2016 indicates that we are going to have a strong season. We are seeing a buyers market right now. With favorable interested Rates we are going to see more First Time Home Buyers , moved up buyers and second home buyers get into the market.
In the Bonita Springs Area we are noticing that seller who want to sell their home are adjusting their prices to get home sold quick. Also, as inventory increase typically you will start seeing that prices coming down. Check out the Naples market update below: