Here is the Naples Florida area real estate report for July. This includes Bonita Springs and Estero:
Pending sales up, Listing inventory down! YAEEE! What is especially interesting is the fact that the the lowest price ranges and the most expensive market are both up from the past year. Did you catch over five million? Up 51% wahooo! Pending sales are also up which is another positive indicator that we have succeeded in adjusting our market!
Points to consider- Listing season is almost here and lots of agents and sellers are gearing up to put their properties on the market. Pricing is still key so please walk away from the goofy people out there that want to "see if they can get their price". Easy to say but not so easy to do especially if you're after a good inventory.
I doubt we're going to break any sales records this season but we have certainly already shown signs of a more healthy market. Deals can be had, buyer's need to know that their window of opportunity is fading though.
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