Naples Real Estate Activity
Naples real estate activity continues to be strong as the most recent market report (August 2018) indicates a five percent increase in sales over the same period last year. While that bodes well for home sellers, there’s some good news for buyers in that inventory in Collier County has also slightly increased by two percent. The stats reported by the Naples Area Board of Realtor are consistent with annual August trends which have traditionally shown increases in inventory as home sellers prepare to greet potential buyers that arrive with the winter season. It is anticipated inventory will increase even further over the weeks ahead. At present, the majority of the new inventory involves single-family homes priced under $500k.
In terms of other Naples real estate activity, a significant increase in closed sales involves condominiums. August data reflect a 28% increase in condominium sales. Now overall, pending sales for August are down three percent, but with respect to condos priced from $500,000 to $1million, are up an amazing 28%. If you’re thinking about selling your condo, there is great demand! Pending sales of single-family homes priced above $300,000 increased in August, and for those priced at $2million or above, there was a remarkable 62 percent increase. Overall median closed prices are down by some three percent in this period vs last year. But again, Naples real estate activity involving condos show prices increased in the $500,00 to $1 million category. The chart below helps break to break it all down.
Naples Real Estate Activity Through August 2018
Naples Homes and Condos for Sale
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New$569,0003 BEDS2 BATHS1519 SQFT
Golden Gate Estates
Courtesy of MVP Realty Associates LLC
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New$340,0002 BEDS2 BATHS1246 SQFT
Winterpark
Courtesy of Dream Street Realty LLC
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New$709,0002 BEDS2 BATHS1648 SQFT
Hacienda Lakes
Courtesy of MVP Realty Associates LLC
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New$799,0003 BEDS2 BATHS1450 SQFT
Beachwalk
Courtesy of EXP Realty LLC
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New$670,0004 BEDS2 BATHS1765 SQFT
Golden Gate Estates
Courtesy of Florida Foundation Realty, LLC
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New$849,0002 BEDS2 BATHS1772 SQFT
Vineyards
Courtesy of John R Wood Properties
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New$899,9002 BEDS3 BATHS1956 SQFT
Esplanade
Courtesy of Engel&Voelkers Naples Bonita
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New$175,0001 BEDS1 BATHS497 SQFT
Imperial Wilderness
Courtesy of Waterfront Realty Group Inc
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New$179,0002 BEDS2 BATHS1220 SQFT
Riviera Colony
Courtesy of Premiere Plus Realty Company
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New$349,0002 BEDS2 BATHS1318 SQFT
Royal Wood
Courtesy of Coldwell Banker Realty
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New$4,099,0004 BEDS5 BATHS3287 SQFT
Kalea Bay
Courtesy of Premier Sotheby's Int'l Realty
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New$1,299,0002 BEDS2 BATHS1600 SQFT
Pelican Bay
Courtesy of John R Wood Properties
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