Current Naples FL, Market Report
Good morning, Buyers and Sellers. Today, we will be discussing some important real estate metrics that will provide valuable insights into the current market conditions in Naples, FL. Whether you're seeking a Real Estate Selling Agent in Naples, FL, a Real Estate Buying Agent in Naples, FL, or a Realtor Agent in Naples, FL, these metrics will assist you in making informed decisions. Let's start with the Months Supply of Inventory . Currently, the market has a months supply of inventory of 4.98. This means that, at the current rate of sales, it would take approximately 4.98 months to sell all the homes on the market. A lower number indicates a seller's market, where demand exceeds supply, while a higher number suggests a buyer's market, where supply exceeds demand. Now, let's look at the 12-Month Change in Months of Inventory , which is +79.78%. This significant increase indicates a shift towards a more buyer-friendly market. Over the past year, the inventory of home...