Based on the Naples Area Board of Realtors or NABOR, home prices of top-tier homes are on its highest this season. This is based on the latest statistics released by the board on Friday. However, prices on other home categories showed varied results.
With the improving home price sales, the market is generally good for all home sellers. Compared to last year’s performance on the same month, this year show another double-digit gain for the real estate market.
Overall home sale prices increased 23% to $269,000. The increase mostly includes homes on the upper bracket with prices ranging from $2 million and up. Many of these big homes were sold through bidding.
According to Brenda Fioretti, a real estate broker in Naples, a lot of wealthy homebuyers…