December Market Update for Fort Myers, FL + Naples, FL

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Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for December 2020

SOURCE: Royal Palm Coast Realtor Association

Upward Trend in Naples Real Estate Market Continues

Naples, Fla. (December 18, 2020) – According to the November 2020 Market Report, released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), the Naples real estate market continues to see an upward trend in both showings and closed sales. In November 2020, there were 36,508 showings, which represents a 43 percent increase over the same period in 2019. Closed sales for the overall market increased 58.8 percent to 1,126 closed sales in November 2020, up from 709 closed sales in November 2019.

The sustained market demand is placing pressure on real estate pricing, with notable increases in median and average closed prices of homes when comparing month over month statistics. At $669,409 the year-to-date average closed sales price in November 2020 reflects a more accurate and modest growth with a 12.7 percent increase over November 2019 year-to-date average closed sales price of $594,065.

It is important to understand the difference between the “average” price of a home and the “median” price of a home. The “average” price is calculated by adding all the closed prices for homes sold in a specific area within a specified time frame and dividing that total by the number of properties sold. The “median” price is the price in the middle of a data set where exactly half the houses are priced for less and half are priced for more. It’s important to remember that the average price may be skewed due to outliers in the data (if a property sold for a price far higher or lower than typical).

Broker analysts agree there are multiple driving forces influencing buyers. In addition to buyers coming from out of state, local homeowners are taking advantage of low interest rates …

Click to see the full report

Below are highlight properties for Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for December 2020. See more at the full report:
Market Report VIDEO Highlights Photos Schools Virtual Tour
Status: Active
577 Countryside Drive, Naples, FL
$429000
3 BEDROOMS
3 BATHROOMS [ 3 FULL ]

Status: Active
3817 Marvaez Street, Fort Myers, FL
$299905
3 BEDROOMS
2 BATHROOMS [ 2 FULL ]
LISTING MLS ID: 220068670

Status: Just Listed
5781 Green Blvd, Naples, FL
$259900
LISTING MLS ID: 220081097

Status: Just Listed
15241 Kilbirnie Drive, Fort Myers, FL
$444905
3 BEDROOMS
2 BATHROOMS [ 2 FULL ]
LISTING MLS ID: 220078763

Status: Active
3015 Tamiami TRL E, NAPLES, FL
$1650000
LISTING MLS ID: 220022734

See the Full Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for December 2020
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Brad and Dick Dohack
Gulf Pointe Properties
239-839-1168
brad@gulfpointeproperties.com
Information valid as of December 23, 2020. Please contact us for the most current information and status of these properties.

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