The Shocking Truth About Florida Home Prices: Are They Still Going Up?

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The February 2023 Market Report reveals some interesting trends in the real estate market. In this video, we discuss how inventory increased by 131.4% in February 2023 compared to the previous year, thanks in part to Hurricane Ian, which caused damage that many sellers had to address before welcoming buyers.

Although overall pending sales decreased by 16.8% and closed sales by 17.2%, buyers still have a lot of choices. We also examine how showings decreased by 15% and why sellers may need to fix problems found during inspections or become more agreeable to negotiate on the price. Join us to stay informed and up-to-date on the latest trends in the Naples real estate market.

If you are considering selling and want to get an idea of what your Florida home is worth, send an email to info@gulfpointeproperties.com. If you’re looking to purchase in the area, you can get a jumpstart by filling out your home wish list here:

📲 Thank you for your support! We have so many people contacting us who are moving here to Naples & Fort Myers, and we ABSOLUTELY love it! If you are moving or relocating here to Southwest Florida, my team and I can make that transition so much easier on you.

Reach out…we’re here for you!

Brad Dohack, Broker/Owner at Gulf Pointe Properties, Team Lead
📲 Call/Text Direct at (239) 734-7723
📲 Email: info@gulfpointeproperties.com
👨‍💻 Website: https://www.homesearchinswflorida.com/

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