December, and year-end statistics show the Naples and Southwest market is still hot and looks like it will remain solid in 2016. Here are a few of the numbers that represent the growing building industry in Southwest Florida.
*The number of sales closed in December, 2015 (993 closed sales) was the 2nd highest on record for the month.
*The average price of closed sales during December, 2015 increased 5% over December, 2014.
*Closings in 2015 increased in all price categories with the exception of properties priced below $250,000, driven by a shrinking supply rather than a lack of demand.
*The median price in 2015 was up 14.2%. The median price form homes over $2 Million increased 5.4% to $3,093,012.
*There were 481 sales in 2015 of homes priced above $2 Million, a 10% increase from 2014.
Nova Homes of South Florida is a custom home builder buiding in Naples and Marco Island. Celebrating their 20th year in Southwest Florida, Nova Homes will customize all plans to fit the needs and lifestyle that reflect the Southwest Florida market. For more information, call 239.307.6116 or visit www.novahomesbuilder.com