Tuesday, November 25, 2014
Naples Real Estate Monthly Update - November 2014
Greetings from Sunny Naples!
condominiums for sale in Naples. Condominium prices have only increased 9% over the past 12 months, compared to single family homes which have increased 21%. There are currently 905 condominiums on the market under $300,000, plenty to choose from.
Another trend we are seeing is the seasonal buyers are coming early this year. October new sales were much higher than October last year and it is mainly due to our early seasonal residents. We assume the weather may play a part in this.
Interest rates remain very low, and have actually decreased slightly this past month. Now is still a great time to buy in Naples!
If you are considering selling, let’s get started and take advantage of the early seasonal buyers. If you are interested in buying, now is great because we are expecting interest rate and home prices to climb next year.
I would be happy to assist you with any of your real estate needs.
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posted by Ron Abboud at 2:50 AM