Naples's sales activity continues to increase in 2012. According to the Naples Board of Realtors, pending sales are up 12% over last year overall. It has become more of a seller's market in 2012 with inventory levels dropping as they are. New construction doesn't appear to be affecting resales at all either.
As for the beach area, pending sales are even more robust with a 17% increase over 2011. That equates to 388 sales pending this quarter compared to 331 last year.
It's predicted that we are going to have a busy sales season in Naples. If you're sitting on the fence waiting for a better time to buy, you most likely will be disappointed with your decision to wait.
Scott Pearson GRI, CRS