For the first time in months, we are seeing days where the “new listings” outnumber the “pending” listings…Not every day, and not by much, but it is step in the direction of having a higher overall inventory…Time will tell. Year-over-year, in last month’s report, we saw a decrease in inventory of 72 %. In this market report we see overall inventory down 24 % year-over-year. In my last monthly report,
Read MoreMORE GOOD NEWS! Recently released statistics, from The Naples Area Board of Realtors [NABOR], report more good news! Closed home sales, as well as sales pended, have increased 5% over the past 12 months. This data tracks all home and condo sales in Collier county excluding Marco Island, which has its own board. In addition to the increase in sales, our inventory is way down...an overall decrease of 17% less
Read MoreA Diminishing Inventory in Naples Florida Real Estate The Naples Daily News article from the weekend paper touted the continuing market stability of our local real estate values. According to The Naples Area Board of Realtors, key indicators such as 'pending sales, current inventory and the median closed price' show signs of real estate stability during these otherwise challenging economic times. Their report further states pending sales were up 2%
Read MoreWhat's happening in Old Naples? When you open a map of Collier County, and realize that a lot of it even spills over to the reverse side of the map, you can visualize the size of our county. It is the largest county, land-wise, east of the Mississippi River! Then when you isolate the streets that typically outline the neighborhood of Old Naples, you really become aware of what a
Read MoreRoyal Harbor Treasure! Undeniably, one of the very best waterfront values in all of Naples Florida!This professionally decorated, custom home boasts over 4,200 square feet of living area and has 4 bedrooms plus a den and 4 full baths. Additionally there is a library, an exercise room, a craft or hobby room, and separate formal living room & dining room as well as a family room which opens from the
Read MoreThere is definitely something for everybody in Naples Florida. Check out this spacious 1st floor two bedroom, two bath condo with a 28' boat dock included! This fabulous condominium is located in Mariners Cove--a hidden treasure right on the Gordon River, within walking distance to all the downtown amenities. The low condo fees include general insurance, professional management, a reserve fund, water & sewer, basic cable, exterior & interior pest control, lawn care and recreation
Read MoreThis is one of the best buys in Naples Florida, priced below $300,000. It is NOT a short sale or a bank owned property...It is just a well priced listing with a motivated seller looking for offers! Beautifully appointed and easy to show...Call today to see this lovely 3 bedroom coach home situated on a lake in a wonderful gated community with resort amenities. Click HERE for details! September is
Read MoreIt's the first day of a new month and a new quarter. We completed our month-end reports yesterday and we are also carefully reviewing the year-to date statistics in each of the markets that we are most active. We found a few interesting conclusions based on data from our local MLS that I thought I would share. Keep in mind, these findings are inclusive of all geographic areas in Naples.
Read MoreToday I attended a seminar on 1031 exchanges. I've been selling for over 27 years, and I have done my fair share of exchanges, but I went to the class anyway just to see if I could pick up any *new info to share with my customers. The class was given by a gentleman named Marshall Beene who is an exchange account coordinator with U.S. National 1031 Exchange. An investor
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