Sunday, April 21, 2019
Let's Talk... Hot Off the Press!
Naples, Fla. (April 18, 2019) - According to the March 2019
Market Report released by the Naples Area Board of REALTORS®
(NABOR®), which tracks home listings and sales within Collier
County (excluding Marco Island), the median closed price of homes
decreased 5.6 percent to $340,000 in March 2019 from $360,000 in
March 2018. Broker analysts reviewing the report clarified that the
median closed price decrease was due, in part, to an increase in the
number of closed sales of homes priced under $500,000 during
the last year.
Another reason for the decrease in median home price
is due to sellers pricing their homes appropriately - based
on actual comparisons of recently sold homes - to gauge
their home's estimated value rather than pricing their homes
based on unvalidated values.