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Spring 2012 Market Update
Now is the best time to buy, sellers are motivated, interest rates have been favorable, and there’s a good supply of homes to choose from.
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| Average Home Price | $750,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 25-30% |
| Average Time on Market | More than 120 days |
| Prices As % of Asking Price | 90-95% |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Multiple Offers? | No |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Other |
| Housing Hot Spots | Hammock Isles, Avellino Isles, Bellerive, Chardonnay, Clubside Reserve, Concord, Erin Lke, Fountainhead, Glen Lake Estates, Laguna Royale, Lalique, Montelena, Regency Reserve, San Miguel, San Rafael, Silver Oakes, Sonoma Lake, Terracina, Terra Lago, Tra Vigne, Tuscany, Valley Oak, Venezi Grande, Villa Verona, Villa Vistana, Vintage Reserve, Vista Pointe, Wedgewood |
| Average Sold Price | $750,000 - View Graph Trend |
Naples - The Vineyards Local News
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
Contact Information
Carolyn Starns and Billie Dalesio-Faccinto
239-331-4094
Request More Information Let me answer your questions!
Ask Me!
Blog Archives
Mortgage Rates
– May 28th, 2012 –
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30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
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Request More Information Let me answer your questions! Ask Me!
Carolyn Starns and Billie Dalesio-Faccinto
Downing-Frye Realty, Inc.
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 239-331-4094
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