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
-
$329,0002 BEDS2 BATHS913 SQFT
St Croix
Courtesy of BHHS Florida Realty
Share this Property -
$1,595,0003 BEDS3 BATHS2806 SQFT
The Strand
Courtesy of Downing Frye Realty Inc.
Share this Property -
$345,0003 BEDS3 BATHS1550 SQFT
Reflection Lakes Of Naples
Courtesy of Premiere Plus Realty Company
Share this Property -
$152,0003 BEDS2 BATHS896 SQFT
West Wind Estates
Courtesy of EXP Realty LLC
Share this Property -
$646,0003 BEDS2 BATHS1913 SQFT
Sterling Oaks
Courtesy of Coldwell Banker Realty
Share this Property -
$205,0002 BEDS2 BATHS800 SQFT
Golden Gate
Courtesy of Keller Williams Marco Realty
Share this Property -
$924,9003 BEDS2 BATHS1478 SQFT
Gulf Acres
Courtesy of Current Property Management
Share this Property -
$1,475,0003 BEDS3 BATHS2263 SQFT
Hacienda Lakes
Courtesy of Douglas Elliman Florida, LLC
Share this Property -
$609,0002 BEDS2 BATHS1414 SQFT
Treviso Bay
Courtesy of Keller Williams Realty Naples
Share this Property -
$1,191,8003 BEDS3 BATHS2405 SQFT
Esplanade By The Islands
Courtesy of Taylor Morrison Realty of FL
Share this Property -
$777,0003 BEDS3 BATHS2214 SQFT
Hamilton Place
Courtesy of MVP Realty Associates LLC
Share this Property -
$539,0003 BEDS2 BATHS1100 SQFT
Naples Villas
Courtesy of Premier Sotheby's Int'l Realty
Share this Property