SWFL Real Estate Market Report July

There are still plenty of opportunities for Naples buyers during the next couple of months! I tried to copy and paste the Southwest Florida real estate market report my COO created but my blog is not wide enough for you to view entirely so you' will have to visit the link here:

Southwest Florida Real Estate Market Report

Sorry for the inconvenience~

Best Regards,
Shannon Lefevre, PA
Your Naples Smart Girl!

SWFL Real Estate On This Day 8/7

Here are the latest statistics for Southwest Florida real estate:

Year to date 2010:
New Listings Taken 22,617
Sales 8,180
Total Active listings at this time: 12,124
Total Pending listings at this time: 2.686

By this time 2009:
New Listings Taken 23,557
Sales 6,410

By this time 2008
New Listings Taken 25,566
Sales 4,976

By this time 2007
New Listings Taken 27,815
Sales 4,415

By this time 2006
New Listings Taken 30,270
Sales 5,492

By this time 2005
New Listings Taken 21,018
Sales 11,613

By this time 2004
New Listings Taken 14,741
Sales 8,664

By this time 2003
New Listings Taken 59,172 (I believe we switched MLS systems and that is the reason why this number is so high)
Sales 4,626

By this time 2002
New Listings Taken 5,349
Sales 5,436

When the market was really hot there were not quite 8,000 listings on the market at any given time.  Normal is around 10,000 listings on the market.  As you can see, listing inventories in S.W. Florida are dwindling slowly.  This is my favorite indicator the SW Florida real estate market is leveling.  Some areas in Naples are already in under-supply while others still have an oversupply of inventory. 

If you have been waiting for the perfect deal, you might want to see what's available now.  Typically August and September are very slow months in Florida so you might be able to cut a deal now compared to October when many sellers tighten negotiations due to the beginning of our selling season being right around the corner.

For more information regarding SW Fl real estate, contact me direct!

Best Regards,

Shannon Lefevre, PA
Your Naples Smart Girl!

SWFL Real Estate On This Day 7-2

Southwest Florida Real Estate Statistics 2010 Year To Date
19,330 Southwest Florida listings have been taken.
7,150 Southwest Florida properties have sold.

Southwest Florida Real Estate Statistics Compared to 2009 YTD
20,242 Southwest Florida listings had been taken.
5,273 Southwest Florida properties had sold.

Southwest Florida Real Estate Statistics Compared to 2008 YTD
21,967 Southwest Florida listings had been taken.
4,202 Southwest Florida properties had sold.

Southwest Florida Real Estate Statistics Compared to 2007 YTD
24,026 Southwest Florida listings had been taken.
3,831 Southwest Florida properties had sold.

Southwest Florida Real Estate Statistics Compared to 2006 YTD
26,259 Southwest Florida listings had been taken.
4,778 Southwest Florida properties had sold.

Southwest Florida Real Estate Statistics Compared to 2005 YTD
17,624 Southwest Florida listings had been taken.
9,900 Southwest Florida properties had sold.

Southwest Florida real estate inventories are decreasing while sales are increasing.  Furthermore buyer behavior is returning back to the happy, healthy "purchasing with a fun lifestyle in mind" purpose compared to purchasing for a "I have no intention of holding this property the purchase is for investment only" purchase.  I believe it's this factor that proves buyers today and yesterday may be getting the best deals...for now.

Happy 4th of July!
God Bless America!

Shannon Lefevre, PA
Your Naples Smart Girl!