Another Port Royal Home Goes Under Contract!

Despite all of the "chicken little" economists and media who seem to have a fixation on blasting the Naples, Florida real estate market it appears another seller in Port Royal with the assistance of their agent successfully negotiated a contract today. According to Sunshine MLS the home located at 3630 Rum Row currently listed for $6,975,000 was on the market for only 65 days before identifying a buyer who was ready, willing and able to negotiate. Details about the contract will not be available until closing. It just goes to show you, the market may not be what some consider hot, hot, hot but the location definitely is.

Naples, Florida Open House Traffic Results 12/9-12/10

Results from 43 Open Houses were included in this past weekend John R. Wood open house survey. As expected traffic was lighter compared to the last three weekends before most likely due to the holiday season now in full force. Although some locations recognized terrific results, heavy traffic was spotty and inconsistent through locations and price ranges. There were three offers written due to activity stemming from open house activity and new buyer leads were captured by a handful of agents. Buyer confidence seems to be on a rise with a sense of urgency being reported more frequently than the past majority response of "we're going to wait and see what happens". Another trend first reported last weekend and continuing is a higher number of new buyers just beginning their search for properties in the Southwest Florida area. Please feel free to contact your current Realtor for more details or you may contact Shannon direct.