Naples Area January Market Video Report
Here is a short video to accompany the graphic. Note that this is an overview – contact me for more specific area or community updates.
Mot mentioned in the video: the median Single Family sale price increased 6% to $715,000, and the median Condo price increased 13.5% to $482,500.
Pending sales rebounded as the new year began. In fact, pending sales in January were remarkably higher than pending sales not only in December (682), but also compared to January 2019 (660) and January 2020 (892). Though compared to last January’s phenomenal sales activity, pending sales this January decreased 20.5 percent to 1,092 pending sales from 1,373 pending sales in January 2022.
And read these articles:
What drives Mortgage Rates in one chart
Lies, Damned Lies and Inflation “Statistics”*
HOW AND WHEN WILL HOUSING REBOUND?
Why Mortgage rates Will Fall
Buyers Undeterred in Ian’s Hardest-Hit Areas
Home Prices After Ian? Probably Going Up
How have home prices behaved after previous major Hurricanes?
How to protect your house from title fraud
Expansion Plans for Fort Myers Airport
Guide to Buying and Selling in Southwest Florida
Market Summaries
The story in 2022 was that prices continued to rise, while sale dropped sharply
Bonita Springs 2022 Housing Market Report
Florida Market Update in 4 minutes
Sales Resemble Pre-Pandemic — But Not Pricing & Inventory
- Andrew Oliver, M.B.E., M.B.A.
Real Estate Advisor
Andrew.Oliver@Compass.com
m 617.834.8205
New Listing in StoneCreek, North Naples
My real estate team, the Feins Group, has a listing in StoneCreek in North Naples hitting the market this week. You can view professional photos, take the virtual 3D-walkthrough tour, and read all about the features here
Naples 2022 Housing Market Report
The story in 2022 was that prices continued to rise, while sales dropped sharply.
And read these recent articles: (more…)
Coming Soon: 3 bedroom/2 bathroom condo in Laurel Oaks at Pelican Bay.
My real estate team, The Feins Group, has a listing hitting the market very soon. You can view professional photos, take the virtual 3D-walkthrough tour, and read all about the features here
Serene water views and plenty of sunshine await you from this bright, fully-furnished 3 bedroom/2 bathroom condo in Laurel Oaks at Pelican Bay.
The 2nd-floor end-unit boasts 1481 square feet of living area and includes a southwest-facing balcony overlooking the community lake.
With vaulted ceilings peaking at 13 feet high, hurricane-impact glass throughout, and a new hot water heater (2021), this property is a can’t-miss.
Contact me ASAP on 617.834.8205 to see this property in person!
And read these recent articles: (more…)
BERMUDA GREENS Open Houses this weekend
OPEN HOUSES SATURDAY 1-4; SUNDAY 1-4
Click HERE to see video tour and photos of property. (more…)
Imperial Golf Estates Year End 2022 Review
There are no more sales in Imperial Golf Estates scheduled to close this year, so here are the year-end numbers which demonstrate a frequently heard refrain this year: prices up, sales down.
Highlights (more…)
Imperial Golf Estates Open House TODAY
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Housing Market Favorable for Preseason Buyers
Speculation that home sales in October would drop dramatically in Collier County following Hurricane Ian was proven inaccurate as closed and pending sales for the month increased 23.7 and 8.7 percent, respectively, compared to closed and pending sales reported in September, according to the October 2022 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). And even though 525 listings were either terminated, expired or withdrawn from the Southwest Florida MLS during October, overall inventory for the month increased 72.7 percent to 2,325 properties from 1,346 properties in October 2021.
According to NABOR®’s statistics (more…)
Pelican Bay Villa $205,000 Price Drop!
There are now 4 villas for sale in Pelican Bay:
3 Las Brisas: $2.6 million, 3 bed +den, 2,800 SF, Pool, Pets with approval
7229 Pelican Bay Blvd: $1.95 million, 2 bed + den, 2,319 SF, Community Pool, 2 Pets
6644 Trident Way: $1.1 million, 2 bed, 1,354 SF, Community Pool, 2 Pets
and following a $205,000 price reduction to $2,290,000: 5893 Via Lugano
Call me on 617.834.8205 with questions or to schedule a showing. (more…)
Pelican Bay Villa Open House TODAY 2-4
Join me today 2-4 to see one of only 2 villas currently for sale in Pelican Bay with a private pool.
Lush landscaped views await you from this 3 bed/2.5 bath villa in Lugano at Pelican Bay. Located in the heart of Pelican Bay, this Northwest-facing property boasts 2,100 square feet of living area, plus a walled garden and lanai with private pool and spa. There is only one Pelican Bay! The premier luxury community in northern Naples, Pelican Bay offers residents exclusive access to unrivaled amenities that include three Gulf-front restaurants, two tennis facilities, a 27-hole golf course, two boardwalks, a Fitness and Wellness Center, and three miles of private beaches. With venues easily accessible by the community’s comprehensive tram system, residents can just take a backseat and enjoy the ride. Pelican Bay is adjacent to Waterside Shops and within walking distance of Artis–Naples, Southwest Florida’s top tier performing arts center, which is currently planning a $150 million renovation. You’ll never be far from fine dining, luxury shopping, and world class entertainment.
Click Customer_Financial_Report for details and Features for highlights. And Pelican Bay for full information about Pelican Bay.
And read these recent articles: (more…)
Pelican Bay Villa Open House TODAY 12-4
Join me today 12-4 to see the only villa currently for sale in Pelican Bay with a private pool.
Lush landscaped views await you from this 3 bed/2.5 bath villa in Lugano at Pelican Bay. Located in the heart of Pelican Bay, this Northwest-facing property boasts 2,100 square feet of living area, plus a walled garden and lanai with private pool and spa. There is only one Pelican Bay! The premier luxury community in northern Naples, Pelican Bay offers residents exclusive access to unrivaled amenities that include three Gulf-front restaurants, two tennis facilities, a 27-hole golf course, two boardwalks, a Fitness and Wellness Center, and three miles of private beaches. With venues easily accessible by the community’s comprehensive tram system, residents can just take a backseat and enjoy the ride. Pelican Bay is adjacent to Waterside Shops and within walking distance of Artis–Naples, Southwest Florida’s top tier performing arts center, which is currently planning a $150 million renovation. You’ll never be far from fine dining, luxury shopping, and world class entertainment.
Click Customer_Financial_Report for details and Features for highlights. And Pelican Bay for full information about Pelican Bay.
And read these recent articles: (more…)
Florida July Market Update in 4 minutes
This short video is an excellent summary of what is happening to the market overall in Florida.
And this is my recent overview of the market in Naples: Market returning to normal – well, mostly
And read these recent articles: (more…)
Market returning to normal – well, mostly
After the extremely strong market post COVID it is instructive to take a slightly longer-term look.
These 3 charts are very much big picture for the entire Naples region and include all types of property. They do show, however, that sales and new listings have reverted to the norm, while prices overall are some 65% higher. (more…)
Naples mid-year Market Report
The trends evident in 2021 – persistent demand meeting lower inventory leading to fewer sales at higher prices – continued into the early months of 2022, but there was a notable cooling of the market towards the end of the second quarter, as rising mortgage rates and fears of recession, along with a sharp drop in the stock market, contributed to a hesitation amongst buyers. As always, caution should be exercised when looking at small numbers of transactions.
And read these recent articles: (more…)
Most expensive home in Naples history sells for $62 million
The most expensive home in Collier County history sold Thursday for $62 million, shattering the old record by $10 million.
Built in 2014, the 16,000-square-foot estate features six bedrooms, a glass wine room, a gourmet kitchen, a game room and a second-level pool and came furnished in the transaction.
