HOME PRICES SOARING
IT’S STILL A GREAT TIME TO BUY!
Existing home sales ending February 2004 put Collier County in the number one spot and Lee County as number two in the state of Florida. Collier County saw a 28% gain and Lee County had an 18% gain in SALES of existing homes from February 03 to February 04. Comparing existing homes sales of February 03 to February 04 shows Collier County increasing from 292 to 373 and Lee went from 598 to 714 properties sold.
The Median sales price for the same period saw Collier with a 42% increase ($273,100 to $389.000) and Lee County with a 31% gain ($130,500 to $170,000). Once again these value increases show that real estate in Southwest Florida out paced most other forms of investment. It is important to realize the a median price increase does not mean that prices increased that much it means that values are climbing.
Consider the low mortgage rates, high value gains, and that the baby boomer's are just starting to retire makes purchasing now a good choice.
New Home Sales are also on a record pace and many new construction properties can be built with only 10% down and the balance when the home is completed.
All of our Realtors at Lee Collier Realty are very knowledgeable about all new and resale properties in Southwest Florida. We invite you to visit our web site www.swfhomes.com where you can search for all re-sale property and new builder inventory properties in Lee and Collier Counties.
Please feel free to call us toll free at 1-888-999-3208 and we would be happy to help you make the right decisions about purchasing property in beautiful Southwest Florida!
8800 Strike Lane | Bonita Springs, Florida 34135
Voice: 239-992-7737 | Fax: 239-992-5531
Please Visit our Web Site WWW.SWFHOMES.COM