Housing Market Favorable for Preseason Buyers

Speculation that home sales in October would drop dramatically in Collier County following Hurricane Ian was proven inaccurate as closed and pending sales for the month increased 23.7 and 8.7 percent, respectively, compared to closed and pending sales reported in September, according to the October 2022 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). And even though 525 listings were either terminated, expired or withdrawn from the Southwest Florida MLS during October, overall inventory for the month increased 72.7 percent to 2,325 properties from 1,346 properties in October 2021.

According to NABOR®’s statistics (more…)

Naples May Market Summary

Single Family

Condos

How far Behind the Curve is the Federal Reserve?
How to protect your house from title fraud
Florida Lawmakers Pass Insurance, Condo Reforms
Why are Mortgage rates so high?
Florida Regulator: Insurers Can Offer Roof Deductibles
Expansion Plans for Fort Myers Airport

  • Andrew Oliver, M.B.E., M.B.A.
    Real Estate Advisor
    Andrew.Oliver@Compass.com
    www.TheFeinsGroup.com
    www.OliverReportsFL.com
    m: 617.834.8205
    ———-
    800 Laurel Oak Drive, Suite 400, Naples, FL 34108
    ———-
    Licensed in Massachusetts
    www.OliverReportsMA.com

 

Bonita Springs May Market Summary

Single Family

Condos

How far Behind the Curve is the Federal Reserve?
How to protect your house from title fraud
Florida Lawmakers Pass Insurance, Condo Reforms
Why are Mortgage rates so high?
Florida Regulator: Insurers Can Offer Roof Deductibles
Expansion Plans for Fort Myers Airport

  • Andrew Oliver, M.B.E., M.B.A.
    Real Estate Advisor
    Andrew.Oliver@Compass.com
    www.TheFeinsGroup.com
    www.OliverReportsFL.com
    m: 617.834.8205
    ———-
    800 Laurel Oak Drive, Suite 400, Naples, FL 34108
    ———-
    Licensed in Massachusetts
    www.OliverReportsMA.com

 

Sanibel May Market Summary

Single Family

Condos

How far Behind the Curve is the Federal Reserve?
How to protect your house from title fraud
Florida Lawmakers Pass Insurance, Condo Reforms
Why are Mortgage rates so high?
Florida Regulator: Insurers Can Offer Roof Deductibles
Expansion Plans for Fort Myers Airport

  • Andrew Oliver, M.B.E., M.B.A.
    Real Estate Advisor
    Andrew.Oliver@Compass.com
    www.TheFeinsGroup.com
    www.OliverReportsFL.com
    m: 617.834.8205
    ———-
    800 Laurel Oak Drive, Suite 400, Naples, FL 34108
    ———-
    Licensed in Massachusetts
    www.OliverReportsMA.com

 

St James City May Market Summary

Single Family

Condos

How far Behind the Curve is the Federal Reserve?
How to protect your house from title fraud
Florida Lawmakers Pass Insurance, Condo Reforms
Why are Mortgage rates so high?
Florida Regulator: Insurers Can Offer Roof Deductibles
Expansion Plans for Fort Myers Airport

  • Andrew Oliver, M.B.E., M.B.A.
    Real Estate Advisor
    Andrew.Oliver@Compass.com
    www.TheFeinsGroup.com
    www.OliverReportsFL.com
    m: 617.834.8205
    ———-
    800 Laurel Oak Drive, Suite 400, Naples, FL 34108
    ———-
    Licensed in Massachusetts
    www.OliverReportsMA.com

 

Fort Myers Beach May Market Summary

All numbers are 3-month rolling averages:

Single Family

Condos

How far Behind the Curve is the Federal Reserve?
How to protect your house from title fraud
Florida Lawmakers Pass Insurance, Condo Reforms
Why are Mortgage rates so high?
Florida Regulator: Insurers Can Offer Roof Deductibles
Expansion Plans for Fort Myers Airport

  • Andrew Oliver, M.B.E., M.B.A.
    Real Estate Advisor
    Andrew.Oliver@Compass.com
    www.TheFeinsGroup.com
    www.OliverReportsFL.com
    m: 617.834.8205
    ———-
    800 Laurel Oak Drive, Suite 400, Naples, FL 34108
    ———-
    Licensed in Massachusetts
    www.OliverReportsMA.com

 

Estero May Market Summary

Single Family

Condos

How far Behind the Curve is the Federal Reserve?
How to protect your house from title fraud
Florida Lawmakers Pass Insurance, Condo Reforms
Why are Mortgage rates so high?
Florida Regulator: Insurers Can Offer Roof Deductibles
Expansion Plans for Fort Myers Airport

  • Andrew Oliver, M.B.E., M.B.A.
    Real Estate Advisor
    Andrew.Oliver@Compass.com
    www.TheFeinsGroup.com
    www.OliverReportsFL.com
    m: 617.834.8205
    ———-
    800 Laurel Oak Drive, Suite 400, Naples, FL 34108
    ———-
    Licensed in Massachusetts
    www.OliverReportsMA.com