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,
Dated: October 20 2022
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In a competitive market, homes for sale don’t last long. A listing can appear mid-week and have multiple offers by the weekend. Because of this, recent home buyers have had to move quickly. There’s no time to linger or deliberate when there are other buyers ready to make a move. That can be challenging. But fortunately for summer home shoppers, the housing market’s frantic pace may be slowing. In fact, new numbers show homes for sale are starting to spend more time on the market. The improvement is small but the trend is moving in the right direction.
According to the data, during the last week of June, homes were selling three days faster than they were last year at the same time. That improved to two days during the first week of July and, by the week ending July 9, it was just one day. In other words, homes are spending a little more time on the market than they were even a few weeks ago. Still, buyers need to be prepared. While the trend is positive, homes continue to sell quickly, especially good ones.
Fortunately for the Southwest Florida real estate market, buyers are finally getting a chance to at least see a couple houses before they need to put in an offer. The market is still a seller’s market but it is trending towards a balanced market at least for now.
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, Lee, Charlotte, or Broward Counties 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 plus much more at www.MikeDowner.com or call Mike at 239-722-6453.
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....
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