The National Association of Realtors just reported that national home sales for 2013 were the highest since 2006 and 9.1 percent higher than 2102. Median home price was up 11.5 percent. Existing home sales have risen nearly 20 percent since 2011.
Gulf Coast International Properties has just released our Port Royal Annual Report 2013.Total sales rose 23 percent and the average closed sale price jumped 33 percent from 2012 to 2013. Old Naples numbers, soon to be published in a similar report, show total sales leaping by 40 percent in the same period. Total sales have risen 80 percent when compared to 2011. The average sale price rose just 8 percent between 2012 and 2013 due to feverish activity at the lower end of the market as speculators bought up everything under $1 million.
If you would like the full details and market analysis contained in these annual reports, please contact me and I will mail or email them for your review. All of us at GCIP appreciate the opportunity to help you "Live Exceptionally."
Bill Van Arsdale
Bill Van Arsdale