The Naples, Florida real estate market has kicked the year off nicely. Leading upto the 2013 season was a very robust market leading to a big correction in a down market. With some neighborhoods enduring a 50%+ decline from the 2006 highs it has been a welcomed change for sellers and a bit of a suprise to some buyers. Below is a breakdown of new listings, pending sales, and closed sales for the first month of 2013. Traditionally buyers see a large influx of listings during the first few weeks of January however this year we have not seen the normal bump leaving buyers with little choice and lots of competition.
Old Naples single-family 19 new listings, 10 pending sales, 10 closed sales. Condominiums/villas 41 new listings, 12 pending sales, 6 closed sales
Aqualane Shores 4 new listings, 4 pending sales
Port Royal 9 new listings, 3 pending sales, 1 closed sale
Coquina Sands/Moorings/Park Shore Single-family 19 new listings, 13 pending sale, 10 closed sales. Condominium/Villa 76 new listings, 53 pending sales, 34 closed sales.
Royal Harbor 14 new listings, 4 pending sales, 8 closed sales