Naples Beach August Market Report
Naples Beach covers the area mostly to the East of 41 from Port Royal to Pelican Bay ( see map below). As such it includes the most expensive real estate in the Naples area, as demonstrated by the charts below.
For the first 8 months of 2021 the median price of Single Family Homes sold in Naples Beach increased 43% to $2.13 million on a 46% increase in sales. The median Condo price increased 13% to $775,000 on a 94% increase in sales.
Historically, median closed prices of homes sold during summer months tend to be lower than median closed prices of homes sold during high-season months (January through April), but that trend did not occur this year.
According to the August NABOR report, the median closed price reported in August for Naples overall was $75,000 higher than the median closed price reported in January 2021.
As buyers from more foreign countries are allowed to visit the US again, those buyers – who were largely absent last year – may well add further demand in an already extremely tight market.
As for the future what remains true is that “as it’s now possible to work from anywhere in the world, why not live and work in paradise?”
Map of Naples Zip Codes
For a more detailed review of the market in Naples read Naples Housing Market August Review
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REALTOR®| Market Analyst | DomainRealty.com
Naples, Bonita Springs and Fort Myers
Market Analyst | Team Harborside | teamharborside.com
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
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