Naples August Housing Market Review

The median price in the overall Naples market through the first 8 months of 2021 increased 35% to $625,000 for Single Families (SF) and 18% to $325,000 for Condos.

The tables below show the breakdown of sales and median prices by area of Naples (see map below). Price increases for SF ranged from 27% in South Naples to 44% in Naples Beach; and for Condos from 13% in South Naples to 33% in East Naples.

Sales also increased dramatically: up 39% for SFs and 79% for Condos. (more…)

15-Acre Naples, Florida, Retreat With a Menagerie With Monkeys Lists for $9.5 Million

A 15-acre Florida compound that comes complete with multiple residences, a tennis court and an animal menagerie has come to the market for $9.5 million.

The solar-powered estate, which claims to be “hurricane-proof,” is designed for living off the grid and it “offers a rare opportunity to own a tranquil, sustainable oasis in Naples,” listing agent Priscilla Kellerhouse said in a statement.

A 10,000-square-foot salmon-hued home is the compound’s main residence. The five-bedroom spread has an open floor plan, high ceilings, columns and marble floors.

(more…)

Naples July Housing Market Review

These tables shows the breakdown of sales and median prices by area of Naples (see map below). What stands out is the consistency of the price increases throughout Naples over the last year, with median prices increasing from 29-34% for Single Families and a slightly wider 11-24% for Condos.
Please contact me to discuss the market and see how I can help you in your search.

Single Family (including Detached Villas)
The median price ranged from $465,000 in East Naples to $2.2 million in Naples Beach. Overall sales were up 49%.

Naples housing market

Condos (including Townhouses and Attached Villas)
The median price ranges from $218,000 in Central Naples to $778,500 in Naples Beach. Overall sales jumped 91%.

Naples zipcode map

Andrew Oliver
REALTOR®| Market Analyst | DomainRealty.com

Naples, Bonita Springs and Fort Myers
Andrew.Oliver@DomainRealtySales.com
m. 617.834.8205
www.AndrewOliverRealtor.com
www.OliverReportsFL.com
_____________
Market Analyst | Team Harborside | teamharborside.com
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945

www.OliverReportsMA.com
Andrew.Oliver@SothebysRealty.com

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReports.com. He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Salem, Beverly, Lynn and Swampscott.”

Naples July Housing Market Summary

The 3-month median price for Single Family Homes in the overall Naples area continued to rise sharply reaching $610,000 for the May-July period quarter, some 37% higher than a year ago:

 

While sales are seeing the familiar summer decline, they are doing so from a high level: (more…)

Naples Housing Market Mid-Year 2021 Review

The median price of Single Family homes in the Naples area* sold in the 6 months to June 2021 increased 33% from $435,000 to $580,000, while sales increased 64% from 2,595 to 4,251.

The median price of Condos sold in the 6 months to June 2021 increased 16% from $272,000 to $316,000, while sales more than doubled from 2,491 to 5,163.

Keep reading for charts and more details: (more…)

Whay are people moving to Southwest Florida?

“Both Collier and Lee counties have been among the very strongest population growth markets in the entire nation over the past five years,” said Brian Alford, Florida director of market analytics for CoStar Group, which specializes in worldwide real estate data. “There have also been numerous corporate relocations and expansions over the past decade, including large expansions over the past couple of years by firms such as Gartner and Arthrex, adding even more jobs.” (Naples Daily News)

Some of the workers live in Bonita Springs, about halfway between Naples and Fort Myers. Incorporated only at the start of this century, Bonita for the first time barely edged into the Top 50 of the most populated in Florida, joining Cape Coral, Fort Myers and North Port.

“Demand to move here has always been strong, but lately, low interest rate policy, and coupled with lockdown fatigue up north, increased demand even more, which explains the larger-than-expected increases in population down here,” said economist Christopher Westley, dean of Florida Gulf Coast University’s Lutgert College of Business. (more…)

Naples Area June Market Summary

This is the overall market summary for June published by NABOR:

Comment
While this picture conveys very clearly the strength of the market I do not find the detail particularly helpful as it combines all types of property – from single family to condo.

I will publish detailed reports by sector and by area this coming Saturday. Meanwhile, here are links to the preliminary reports I have already published for June: (more…)

North Naples June Housing Market Summary

The 3-month median price for Single Family Homes in North Naples – the area from Pine Ridge Road to the Lee County boundary just short of Bonita Beach Road (see map below) covering zipcodes 34109,34110 and 34119 – continued to rise sharply, reaching $749,000 for the April-June quarter, some 35% higher than a year ago, and breaking decisively upwards from the $500-550,000 range of the previous 5 years:

Dramatic price movements often occur when the number of sales is small, but that has not been the case in North Naples, which has seen a major increase:
(more…)

Naples Housing Market Summary by area

This table shows the breakdown of sales and median prices by area of Naples (see map below). Please contact me to discuss the market and see how I can help you in your search.

naples real estate market

Click on these links for detailed market reports: (more…)

North Naples May Housing Market report

North Naples includes the area from Pine Ridge Road to the Lee County boundary just short of Bonita Beach Road (see map below).

In the first 5 months of 2021 the median price of the 864 Single Family homes sold in North Naples was almost $720,000, while that of the 1,121 Condos sold was almost $306,000.

Single Family

A rolling 12-month calculation represents the current month and the 11 months prior in a single data point

(more…)