Naples Luxury Condominiums

Posted by Scott Meadows on February 14th, 2014

 

January Sales Reduce Inventory Further

Naples, Fla. (February 14, 2014) - Sales in the luxury condo market soared as shown by a 70 percent increase in closed sales in the $2 million+ category and an increase of 40 percent in the $1 million - $2 million category for 12-months ending January 2014. Demand for luxury condos is strong as evidenced by a 29 percent reduction in inventory in the $2 million+ category and a 17 percent reduction in inventory in the $1 million - $2 million category, according to the January 2014 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island).
 
Overall home sales increased by 5 percent from 9,273 properties sold in the…

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Naples area Condominium prices on the rise July 2013

Posted by Scott Meadows on August 19th, 2013

 

 

Recently released on August 16th by the Naples Area Board of REALTORS® (NABOR®). The Naples Florida area condominium market is rebounding as indicated by the article below.

 "The Naples area condominium market has rebounded"...

NAPLES, FL (August 16, 2013) - The Naples area condominium market has rebounded with full force as evidenced in a July 2013 report released by the Naples Area Board of REALTORS® (NABOR®), which showed a 143 percent increase in condominium closed sales in the $300K-$500K price category and a whopping 1200 percent increase in the $2M+ price category from July 2012 compared to July 2013. 

 "The condominium market is hot," according to Mike Hughes, Vice President and General Manager of Downing-Frye Realty. "The July…

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