In the summer of 2009, when there were more than 70 active homes in the Port Royal area listed on the mls, the inventory was a burgeoning and a reflection of the struggling market. As of September 11, 2013, there are a mere 45 homes active in the Port Royal market (excluding lots), or a decrease of over 40% in the last four years. As the market improved during this time period, we have seen prices rise as inventory slowly declined, as reflected in the statistics of Gulf Coast International Properties Port Royal Mid Year Market Report.
To view the entire report or for a further discussion on the Port Royal, Aqualane Shores, or Olde Naples market, contact area expert Andrew Arreola at 239-821-3560 or [email protected].