SOUTH WEST FLORIDA HOME PRICES ARE ON THE RISE.......
Southwest Florida's single-family home price growth in the third quarter was among the highest in the nation, a new report shows.
Comparing the quarter with the same period a year earlier, the Naples- Marco Island area ranked third while the Cape Coral-Fort Myers area was fourth, according to a report released Thursday by the National Association of Realtors.
Home prices in Naples-Marco Island rose 16.8 percent, to $400,000 from $342,500 a year earlier, the trade group said. Price increases were nearly as high in Cape Coral-Fort Myers -- up 16.7 percent, to $210,000 from $180,000.
The two metro areas were beaten in the rankings by two places just up the coast: Tampa-St.