Home Real Estate New real estate records set for September

New real estate records set for September

by The 100 Companies
real estate records

NABOR recently released the September 2020 Market Report which tracks home listings and sales within Collier County. Performance in several key areas was at a 20-year high.

Pending sales activity increased an astonishing 83.4% from 823 in September 2019 to 1,509 pending sales in September 2020. Another number worth noting is that inventory was down 32% with 3,980 properties in inventory at the end of the month.

With increased demand and decreased inventory, there has been a natural rise in sellers receiving multiple offers. Buyers would be wise to make an offer quickly to not lose out on their dream homes.

– Mike Hughes, Downing-Frye Realty, Inc.

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