The Housing Market in Naples Is Starting To Show More Balance. The Real Estate Activity for June 2022 and The Trend From January Of This Year, Until Now, Has Shown That There's Finally Some Relief On Our Shores With Respect To High Prices Caused By Demand Far Exceeding Supply But Don't Expect a Crash Anytime Soon!
Below Are Some Trends For The Mid-Point Of The Year.
Inventory Levels:
Jan - 1,122
Feb - 1,176
March - 1,392
April - 1,668
May - 2,046
June- 2,294
Days on Market Have Risen Slowly as well. Up to 18 Days on Market in June 2022 Vs. 16 Days on Market in May 2022 (But down 40% Year Over Year). Months of Supply Still Very Low At 2.4 Months. (Was 6-8 Months Pre-Covid).
Please Let Me Know If You Have Any Questions Or Would Like More Info On How This Data Affects You!