Naples Real Estate Summary for April 2019
The Naples Real Estate Summary for the month of April shows a significant increase in closed sales for the month compared to April of last year. Overall, closed sales increased 12.8 percent to 1,158 properties in April 2019 from 1,027 properties in April 2018. In particular, condo sales were very strong with 656 units sold which is a 20.1 percent increase over last year. Additionally, single-family homes sales increased for the month, up 4.4 percent over the same time last year. Finally, closed sales for this April were 17 percent higher than March of this year and homer buyer traffic continues to be strong despite the fact season has ended.
Mike Hughes, Vice President and General Manager for Downing-Frye Realty, Inc. said, “Despite old-fashioned beliefs that our area is predominately seasonal, the last few years of home sales activity after Easter are proof that this is just not the case anymore.” Hughes added that – from a buyer’s perspective – “the late spring and summer months are a great time to buy because there has always been a good selection of homes in all price ranges.”
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