Naples Area Real Estate Activity Quick Update!

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Real Estate

Hello,

JUST A QUICK UPDATE:

Data in the January2024 Market Report showed Invigorated confidence in the Naples area housing market for both sellers and buyers.  Overall inventory continued to climb for the sixth straight month resulting in a 58.8 percent increase in homes for sale in January or 4,639 properties from 2,921 in January 2023.

Fueled by a 29.1 percent increase in new listings year over year, January showing doubled compared to showings reported in December2023.  The first month of the year also saw serious sellers taking action to capture increased buyer attention with 1,804 price decrease, a 122.7 percent increase compared to December's 810 price decreases.