3 Bedrooms | 2 Bathrooms | More Than 2,000 Sq. Ft. | Fenced Backyard | Optional Boating AccessPresented by Michael Downer, Broker Associate | Downing-Frye Realty | Quintessential NaplesMore Space,
Are Buyers Still Paying Over Asking Price?
Dated: October 20 2022
Views: 61
One of the questions I get asked most by buyers and sellers here in Naples is, “Are buyers still paying over the asking price?”
During the frantic days of last year’s housing market, home buyer competition and bidding wars were common. Buyers often had to offer well above a seller’s asking price if they hoped to have a chance at having their offer accepted. But now that the market has softened somewhat, should buyers still expect to pay more than a home’s list price? According to one recent analysis, maybe not. The analysis looked at 51 metro areas and found the average close-to-list price ratio in August was 99 percent, meaning homes sold for 1 percent less than the asking price. That’s down from 101 percent in July and 104 percent in April. In other words, home buyers shouldn’t expect to find any bargains when they start shopping for homes, but they’re much less likely to have to offer more than a seller’s asking price last year.
If you are in the Southwest Florida housing market, you still see offers at or above the listing price. As we move toward “season” when people from the north come down to escape cooler weather, the market gets a little more robust.
The MikeDowner.com website is the most comprehensive online source for Southwest Florida real estate information and services. Whether you are looking for the latest sales, trends, or homes for sale in Collier and Lee in Florida, Mike Downer and Coldwell Banker Realty have it all at your fingertips. Browse information regarding short sales, foreclosures, new construction, investment property, land sales, or commercial locations throughout Southwest Florida at www.MikeDowner.com or call Mike at 239-722-6453. #homesforsale#homebuyers#realestate
Michael Downer
Your Luxury REALTOR®, Trusted Advisor — Quintessential Naples Team at Downing-Frye Realty®Michael "Mike" Downer is the REALTOR® you want in your corner when buying or selling real es....
Latest Blog Posts
Newly Renovated | Impact Windows | New Appliances | Room for a Pool | No HOA | Golden Gate CityPresented by Michael Downer, Broker Associate | Downing-Frye Realty | Quintessential NaplesLess Fixing.
4 Bedrooms | 2 Bathrooms | Lakefront Pool Home | Reflection Lakes Presented by Mike Downer, Broker Associate | Downing-Frye Realty | Quintessential NaplesA Little More Time to Enjoy FloridaSome
2 Bedrooms | 2 Bathrooms | First-Floor Residence | Bonita SpringsPresented by Mike Downer, Broker Associate | Downing-Frye Realty | Quintessential NaplesA Simple Way to Enjoy Southwest
All information regarding a property for sale, rental or financing, school information and public tax records is from sources deemed reliable; PROVIDED, HOWEVER, that representations and warranties are not made about the accuracy thereof, and such information is subject to errors, omissions, updates, modifications, changes of price, rent rates, commissions, prior sales, leases or financing, changes in school boundaries, or withdrawal without notice. All information displayed on this Website should
© 2026 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
This data is up-to-date as of September 26, 2026 6:56 PM UTC Some properties that appear for sale on this website may subsequently have sold and may no longer be available. For the most current information, contact Downing-Frye Realty.
The information provided is for consumers' personal, non-commercial use and may not be used for any other purpose. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc.,
