Happy New Year! According to a message I received from my Broker at 6:55 this morning, there were 10,110 active listings and 8,794 sales closed during the last year in the Naples and Bonita Springs market. This brings the current inventory to less than a 14 month supply...an important sign that the Naples/Bonita Springs real estate market is leveling. In fact, this is the strongest the Naples real estate market and Bonita real estate market has looked in years!
As the market continues to level, sellers will negotiate less off asking prices and buyer competition will probably increase. There have been quite a few calls and emails from buyers who are now ready to purchase and fear the lowest prices are at or near. I also believe we'll start seeing prices begin to creep up. Signs of all three of those suggestions have already started to occur.
I've also noticed a continued rise in my Naples Florida real estate website traffic. This traffic usually turns into showing traffic around 30-45 days down the road.
If you've been monitoring the Bonita Springs and/or Naples Florida real estate market and want to purchase at a great price. I believe this may be the year you want to make your move.
Happy New Year!
Shannon Lefevre, PA
Your Naples Smart Girl!
