Closed Sales are one of the simplest—yet most important—indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales (and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes (i.e. comparing a month’s sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next.
Click to view the full September 2021 report in the flipbook format
Contact David at David@DavidFlorida.com or 239-285-1086 to find your home in southwest Florida.
September Market Report: New Listings Absorbed by Buyer Demand
Naples, Fla. (October 22, 2021) – Home sales in September would have been stronger if there was more inventory, say broker analysts reviewing the September 2021 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). Historically, September is the slowest month for home sales in Naples, but the area’s reputable natural beauty and home-value potential continue to increase its desirability to home buyers. Closed sales in September decreased 18.9 percent to 914 closed sales from 1,127 closed sales in September 2020, a result of low inventory.
A decrease of 213 homes sales might seem like home buying interest is waning but consider the inventory factor. In September 2020, there were 5,287 properties available. While in September 2021, the month ended with just 1,251 properties for sale (a 76.3 percent decrease). Comparing showing activity also sheds light on the
situation. There were roughly 23 showings per home during September compared to under seven showings per home in September 2020. Basically, more buyers are looking at fewer properties this year.
Read the full September 2021 Market Report in the flipbook format.
Contact David at David@DavidFlorida.com or 239-285-1086 to find your home in southwest Florida.
Demand for homes in Collier County kept REALTORS® busy in August,
even as inventory dropped 77.3 percent to 1,249 homes from 5,503 homes
in August 2020. According to the August 2021 Market Report released by
the Naples Area Board of REALTORS® (NABOR®), which tracks home
listings and sales within Collier County (excluding Marco Island),
REALTOR®s escorted buyers on over 30,000 home showings in August!
The month’s strong showing activity – coupled with a 76.8 percent
decrease in days on market to 22 days – means most homes were listed,
shown, and sold in less than 30 days.
Read the rest of the report here in the new flipbook format.
Contact David at David@DavidFlorida.com or 239-285-1086 to find your home in southwest Florida.
The buying frenzy the Naples housing market experienced during the past year has simmered and is being replaced with what brokers say will be our new normal: a low inventory market with fast turnover of quality homes priced right. According to the July 2021 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), inventory decreased 77.2 percent to 1,295 homes in July 2021 compared to 5,672 homes in July 2020, but demand continues to be steady as there were only 30 fewer closed sales and just a 2 percent drop in showings.
Read the rest of the report here in the new flipbook format.
Contact David at David@DavidFlorida.com or 239-285-1086 to find your home in southwest Florida.
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