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$880,7003 BEDS3 BATHS2245 SQFT
Golden Gate Estates
Courtesy of Amerivest Realty
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New$1,225,0004 BEDS3 BATHS2456 SQFT
Windstar
Courtesy of John R Wood Properties
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New$849,9004 BEDS4 BATHS2507 SQFT
Island Walk
Courtesy of John R Wood Properties
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New$329,0002 BEDS3 BATHS1393 SQFT
Bayberry
Courtesy of Coldwell Banker Realty
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New$1,945,0003 BEDS2 BATHS1517 SQFT
Vanderbilt Beach
Courtesy of William Raveis Real Estate
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New$814,8002 BEDS2 BATHS1772 SQFT
Valencia Trails
Courtesy of William Raveis Real Estate
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New$7,500,0003 BEDS4 BATHS3175 SQFT
Park Place On Gulf Shore
Courtesy of William Raveis Real Estate
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New$540,0002 BEDS2 BATHS1556 SQFT
Glen Eagle
Courtesy of John R Wood Properties
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New$320,0003 BEDS2 BATHS1296 SQFT
Riviera Golf Estates
Courtesy of Coldwell Banker Realty
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New$369,0002 BEDS3 BATHS1407 SQFT
Avion Woods
Courtesy of Premiere Plus Realty Company
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New$7,200,0004 BEDS5 BATHS4082 SQFT
Metropolitan Naples
Courtesy of Metropolitan Naples Realty LLC
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New$313,0003 BEDS2 BATHS1350 SQFT
Berkshire Village
Courtesy of Naples Homes and Rentals Inc
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