Friday, May 20, 2016

Single-family home sales drop, prices rise in Southwest Florida

http://www.naplesnews.com/business/real-estate/single-family-home-sales-drop-prices-rise-in-southwest-florida-32ee5664-40cc-63b5-e053-0100007f47f8-380302211.html

There are a lot of good statistics in this article, the trend is still closed sales are down but prices are increasing.

Here are a few:

But single-family prices rose in both counties over the year.

In Collier County, single-family home closed sales fell 17.1 percent in April, to 457 from 551 in April 2015.

In Collier County, they jumped 16.3 percent, to $465,000 from $400,000, with the biggest increases in North and East Naples.

In Lee County, the increase was more modest, 4.7 percent, to $235,000 from $224,512. All neighborhoods saw price increases except Sanibel and Captiva and Fort Myers Beach.

In Collier County, multifamily closed sales fell 23.3 percent, to 594 from 774, while in Lee, they were down 9.7 percent, to 699 from 774.

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