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
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…)
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…)
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 Market Report by Location and Property Type
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. Single Family and Manufactured.
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.
Single Family and Villas
Villas have HOAs, Single Family homes do not. And the price point tends to be different. Ergo, they should be analysed separately:
