November 2022 Market Update By D. Michael Burke It’s been a little over a month since Hurricane Ian first made landfall in Southwest Florida, but the effects of the storm are still reverberating throughout the market. For example, back in September, the number of active listings on the MLS topped 7,500, but today, that number […]
October 2022 – SWFL Real Estate Market Update
October 2022 Market Update By D. Michael Burke It’s been less than 2 weeks since Hurricane Ian made landfall in Southwest Florida, and while the destruction and devastation of this storm is still widespread, efforts to rebuild have already begun. We also want you to know that we’re committed to helping the community get through […]
September 2022 – SWFL Real Estate Market Update
September 2022 Market Update By D. Michael Burke The summer may be winding down, but the Southwest Florida real estate market is still holding strong. If you’re thinking about selling your home in advance of snowbird season and you’re wondering if you can still garner an attractive sales price, we have some good news […]
August 2022 – SWFL Real Estate Market Update
August 2022 Market Update By D. Michael Burke Greetings and salutations! For this month, we wanted to talk about something new that we’re seeing in the market: it appears as if we’ve surpassed the peak of the market bell curve. For example, data from June shows that in Collier County, the average sale prices […]
July 2022 – SWFL Real Estate Market Update
July 2022 Market Update By D. Michael Burke Happy post 4th of July everyone. And while it’s still a bit hard to believe we’re now a week into the 7th month of the year, we did want to note that if you’ve been thinking about selling your home in 2022, you still have a […]
June 2022 – SWFL Real Estate Market Update
June 2022 Market Update By D. Michael Burke Greetings and welcome to June. Last month, we reported that for-sale home inventory in Lee and Collier counties had risen up month-over-month, and while inventory levels in both counties is still ticking upward, it’s still below 2-months. (A balanced market works out to roughly 6-months’ worth […]
May 2022 – SWFL Real Estate Market Update
May 2022 Market Update By D. Michael Burke In early April, we pointed out that active for-sale inventory in both Lee and Collier counties was down substantially year-over-year. At that point, we reported that February single-family home inventory in Collier and Lee counties was down by 27% and 23%, respectively, from the same reporting period […]
April 2022 – SWFL Real Estate Market Update
April 2022 Market Update By D. Michael Burke The housing market in both Collier and Lee counties continues to remain strong, despite year-over-year declines in home sales. For example, for the month of February, in Collier County, closed sales of single-family homes and condos declined by 25% and 51%, respectively, from the same reporting period […]
March 2022 – SWFL Real Estate Market Update
March 2022 Market Update By D. Michael Burke The real estate market has been operating at a fever pitch over the past three years, with home values, home prices, sales volume, and transaction sides easily breezing past previous records. Despite securing consecutive banner years, many industry members have been anxiously awaiting another housing crash (similar […]
February 2022 – SWFL Real Estate Market Update
February 2022 Market Update By D. Michael Burke Greetings and happy February to everyone! Now that the holidays are behind us (and the houseguests are long gone), you may be wondering if it’s too late to get in on the home-selling action. We’re here to tell you it’s not. Regardless as to whether you’re looking […]
