What an amazing year for Southwest Florida real estate in 2014! A new record was set for the number of closed sales in a year, and volume was just slightly lower than the high set in 2005.
The good news for those wanting to buy Naples real estate is that the median sales price, at $378,500, remains almost 30% below the peak of 2007, and appreciation appears to be occurring at a more normal and sustainable rate. Be aware that some Naples neighborhoods have appreciated at a rate much higher than the market average, and inventory in these areas is down significantly more than the market at large.
The following reports should be used as intended – as a broad view of general trends in the combined Naples, Bonita Springs and Estero markets. Should you desire a more accurate look at your home and your neighborhood, please contact me.
Alysia Shivers Realtor | Naples Florida Real Estate | 239.877.9732
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