Specifics of the November 2014 report include a 40 percent increase in overall closed sales for single-family homes priced $2 million and above from 202 in the 12-months ending November 2013 to 282 in the 12-months ending November 2014. There is also an 11 percent increase in closed sales for condominiums priced $1 million - $2 million from 234 in the 12-months ending November 2013 to 260 in the 12-months ending November 2014. Pending sales for single-family homes in the $2 million and above category increased 24 percent from 25 in November 2013 to 31 in November 2014. Median closed price for single family homes in the $2 million and above price category increased 50 percent month over month from $2,600,000 in November 2013 to $3,900,000 in November 2014.
With luxury homes at a premium, homeowners that decide to sell in Naples now may begin to encounter more cash offers. Let me help you navigate the complexities of your real estate transaction. Tricia Raynor @ 239-961-1801