Central Naples 2021 Market Report
Central Naples covers the area bounded by David Blvd, Goodlette-Franke, Pine Ridge and Collier Blvd. and includes zip codes 34104, 34105 and 34116 )see map below). The market saw consistent growth throughout 2021 in all categories. Q4 saw significant increases as renewed demand met a reduced supply of properties for sale.
In the table below note the Quarter by Quarter increase in median price per sq.ft. (PSF). When looking at price increases it is important to remember that building costs have also gone up substantially in the last 2 years. (more…)
East Naples 2021 Market Report
East Naples includes the areas to the East of Collier Blvd. in zip codes 34114, 34117, 34120 and 34137 (see may below). The market saw Quarter to Quarter increases throughout 2021.
In the table below note the Quarter by Quarter increase in median price per sq.ft. (PSF). When looking at price increases it is important to remember that building costs have also gone up substantially in the last 2 years. (more…)
South Naples 2021 Market Report
Central Naples covers the area bounded by David Blvd, Goodlette-Franke, Pine Ridge and Collier Blvd.and zip codes 34112 and 34113. The market saw consistent growth throughout 2021 in all categories. Q4 saw significant increases as renewed demand met a reduced supply of properties for sale.
In the table below note the Quarter by Quarter increase in median price per sq.ft. (PSF). When looking at price increases it is important to remember that building costs have also gone up substantially in the last 2 years. (more…)
Naples Year End Market Report by Location and Property Type
This reports shows the median prices for different property types for 2020 and 2021 for Naples overall, and also broken down by the 5 areas of Naples. At the end of the article is a map of Naples zipcodes together with a link to my Guide to Buying and Selling in Southwest Florida.
The market statistics produced by Realtor Boards provide a lot of useful information, but group together what to me are wholly different categories – e.g. Detached Villas with Single Family, Attached Villas with Condos. Here then is what I hope will be a more useful and informative analysis, which shows the breakdown using the categories that make sense to me. I also include definitions of the different property types after the charts.
First, the overall market in Naples, showing that median prices increased from 20-29%:
And now by area:
(more…)
Naples October Market Summary
This infographic is a summary of the overall market in October. Since it includes all types – whether multi-million single family or manufactured houses – in one analysis, it should be regarded more as a general overview rather than providing information on specific market sectors.
For more detailed reports read Naples area Fall Market Reports
And these articles:
Guide to Buying and Selling in Southwest Florida
The Europeans have started to Arrive
Are Mortgage Rates really under 3%?
How accurate are Zillow’s Zestimates?
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
Guide to Buying and Selling in Southwest Florida
The goal of this document is to acquaint you with the process of buying and selling in Southwest Florida.
Buyers
Showings
Listings appear in MLS with a link to ShowingTime to schedule showings. The advantage of this method for a buyer is that I can monitor the number of showings and gain insight into activity.
Two recent examples: a house near me in North Naples was listed at $415,000 on a Friday with Showings starting on Saturday. I could see that showings were back-to-back- to-back and on Sunday the listing agent asked for offers by 5 pm. The house sold for (more…)
The Europeans have started to Arrive!
The unprecedented travel ban, implemented in March 2020 in response to the pandemic, saw travellers from the UK, EU and various other countries worldwide allowed into the States for only a handful of “essential reasons”.
From 8 November, entry restrictions have been lifted for all fully vaccinated arrivals.
In celebration, British Airways and Virgin Atlantic staged an historic simultaneous take-off from London Heathrow’s two runways yesterday morning.
Contact me to see how I can help you in your search for a home in Paradise!
Read these articles about the impact European – and Canadian – buyers will have on the real estate market: (more…)
What I like about Living in a Gated Community
When people are thinking of buying a property in Florida one of the questions is whether to buy in a community with a Homeowners’ Association or a stand alone property. Here’s what I like about living in a gated community.
The gate
While it can at busy times cause a delay for service vehicles entering the property it also provides a sense of security for residents knowing that every car entering the property has to be cleared with an owner
Landscaping
Wednesday is my favourite day of the week – it is the day the landscaping crew of 3 comes. In addition to cutting the grass, they prune and trim trees and plants and will do other work on request.
Just this last week the palm trees were pruned and – best of all – mulch was laid throughout. No more trips to Home Depot for me! (more…)
Travelers are returning to Southwest Florida to find low inventory
Travelers are returning to Southwest Florida after the pandemic grounded flights and restricted some from coming, and RSW has announced new international flights from Frankfurt and Montreal, along with Midwestern and Northeast Destinations.
One recent arrival, Mark Keegans of Toronto, said: “I think the weather is the biggest thing, and my wife and I are looking at buying a place down here to spend the winters down here.” (NBC-2)
Really, really low Inventory (more…)
Naples area Fall Market Reports
Here are links to my Fall Market Reports:
North Naples Fall Market Report
South Naples Fall Market Report
East Naples Fall Market Reports
Central Naples Fall Market Report
Naples Beach Fall Market Report
Sterling Oaks Fall Market Report
Pelican Bay Fall Market Report
Imperial Golf Estates Fall Market Report
Naples zip code map
Yes Virginia, it is Still a Sellers’ Market
Foreign Buyers May Return in November
Mortgage rates back to 3% – again
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.”
North Naples Fall Market Report
North Naples includes the area from Pine Ridge Road to the Lee County boundary just short of Bonita Beach Road. Sales saw a seasonal slowdown in the summer months, although median prices continued to rise.
East Naples Fall Market Reports
East Naples includes the areas to the East of Collier Blvd. The market saw consistent price growth through the first three quarters of 2021 in all categories, while sales saw a seasonal slowdown in the summer months.
South Naples Fall Market Report
South Naples includes the area bounded by 41, David Blvd and Collier Blvd. Sales and the Single Family median price eased a little from Q2 to Q3, reflecting the seasonal slowdown in the summer months.
Pelican Bay Fall Market Report
Pelican Bay is one of the Naples’ largest exclusive enclaves, situated on more than three square miles and bordered by pristine white-sand beaches. The sharp sales decline from Q2 to Q3 reflects the absence of high- end buyers in the summer months.
Imperial Golf Estates Fall Market Report
The Greater Imperial communities in Naples have 13 residential communities and a 36- hole Golf Club (membership separate from residential ownership) within its boundaries.
The market saw consistent growth through the first three quarters of 2021 in all categories, while sales saw a seasonal slowdown in the summer months