NAPLES Real Estate Activity June 2020
Naples Real Estate Data
Downing-Frye breaking the numbers again!
Downing-Frye Realty Pending Sales Volume for month of June 2020 doubles to $170,000,000! (OK, it was actually only a 98% increase!) Florida Real Estate buyers are back! The number of Pending Sale contracts over $1,000,000 jumped to 36 from 9 for the same period 2019.
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as reported by the Naples Area Board of REALTORS®
Takeaway… dwindling inventory is clearly putting pressure on prices. June 2020 posted a healthy price increase of 8% year-over-year. Demand for single-family homes is clearly driving the marker which, in part, would support the rising overall prices paid by buyers.
Detailed report data through April 2020
with enlarged graphs
(includes the Naples [pg1], Bonita Springs, and Estero [pg2] markets)
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