Local Real Estate markets continues to gain strength

The September market posted more good news as pended sales units soared to an all-time high! The over $1,000,000 price segment showed gains in pended sales (over prior year) for the second consecutive month. As most news sources now promote our area as one of the most undervalued markets in the nation, we are experiencing increased buyer interest and activity. All of this bodes well for an active season in which it is likely that inventories in some areas will return to historically normal, or below normal levels. Price remains the driving force in the current market, so it is important that sellers adjust prices to take advantage of the many qualified buyers who are looking at southwest Florida.
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