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$114,9001 BEDS1 BATHS584 SQFT
Enchanting Shores
Courtesy of Keller Williams Marco Realty
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New$499,0001 BEDS1 BATHS566 SQFT
Olde Naples
Courtesy of Keller Williams Realty Fort Myers and the Islands
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New$399,0003 BEDS2 BATHS1542 SQFT
Glades
Courtesy of Miloff Aubuchon Realty Group
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New$518,0004 BEDS2 BATHS2207 SQFT
Orange Blossom Ranch
Courtesy of Premiere Plus Realty Company
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New$490,5003 BEDS3 BATHS1716 SQFT
Stratford Place
Courtesy of Fast Action Realty Inc
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New$805,0003 BEDS2 BATHS1800 SQFT
Pelican Marsh
Courtesy of Luxury Real Estate Group
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New$925,0003 BEDS2 BATHS2188 SQFT
Verona Walk
Courtesy of Amerivest Realty
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New$1,425,0003 BEDS4 BATHS2788 SQFT
Valencia Trails
Courtesy of Amerivest Realty
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New$425,0003 BEDS2 BATHS1744 SQFT
Bella Vita
Courtesy of Alpizar & Company, LLC
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New$6,850,0005 BEDS6 BATHS5132 SQFT
Oakes Estates
Courtesy of Coldwell Banker Realty
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New$16,900,0005 BEDS7 BATHS5572 SQFT
Aqualane Shores
Courtesy of Coldwell Banker Realty
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New$399,5002 BEDS2 BATHS1442 SQFT
Lakewood
Courtesy of Fast Action Realty Inc
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