Loading
NAPLES — Inventory is down, new construction is picking up, and move-ins are increasing in Lee and Collier counties, according to Metrostudy.
Even though Metrostudy only analyzes data for subdivisions, the trends are strongly positive: Housing starts went up to 601 in the first quarter of 2011, up from 336 in the prior quarter; inventory is down to a 5.7-month supply; and move-ins rose to 494, up from 382.
Lee County's housing stats are slightly better than those of its southern counterpart; its inventory is at 4.5 months of supply, compared to the 7.8-month supply in Collier. Still, both numbers have improved significantly over the year, down from 9.9 months and 12.1 months respectively.
Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.
