The November data for Luxury homes in Naples and Bonita Springs is out now! You can view the flipbook here.
Some quick bullet points and thoughts.
- Sales are down in both Single Family Homes and Condos.
- New listings are not coming on the market due to a lack of options on the buy side for the seller. Homeowners do not sell to be homeless or go rent at higher rates.
- Prices remain elevated and should stay elevated as inventory can not meet demand, even at these more depressed levels.
- NO CRASH COMING!
If you have any questions or would like to discuss your future goals, please don't hesitate to reach out!