News and Updates

Single Family Homes: Naples, Bonita & Estero – October 2014 Newsletter

The current Single Family Home & Detached Villa market in the Naples, Bonita, and Estero area market is strong as well. With 2,264 active properties, 1,065 pending sales, and 6,015 closing in the past 12 months that brings us to a supply of 4.5 months. Average sale price and median sale price has increased 13.9% and 17.3%, respectively, from the past 12 months compared to the prior 12 months. Looking at days on market we also have seen a significant decrease. Going from 147 average days to 85 average days and 106 median days to 44 median days. We should expect to see continued price appreciation in the Single Family Home market in the general Naples, Bonita, and Estero market.

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