Let's Talk HOT Off The Press.
Naples, Fla. (March 1, 2024) – Data in the January 2024 Market
Report showed invigorated confidence in the Naples area housing
market for both sellers and buyers. Overall inventory continued to
climb for the sixth straight month resulting in a 58.8 percent increase
in homes for sale in January or 4,639 properties from 2,921 in January 2023.
Fueled by a 29.1 percent increase in new listings year over year, January
showings doubled compared to showings reported in December 2023.
The first month of the year also saw serious sellers taking action to capture
increased buyer attention with 1,804 price decreases, a 122.7 percent increase
compared to December’s 810 price decreases.
“I’m getting more requests for pre-listing appraisals,” said Cindy Carroll
of Carroll & Carroll Appraisers & Consultants, LLC. “This indicates to
me that new sellers are taking their REALTOR®’s advice to heart and
doing the work necessary to determine the value of their home in today’s market.”
For the full report please feel free to reach out to me by e-mail at Michelle@NaplesHomeSweetHome.com.