April 2023 Newsletter - Real Estate Balancing Act

April 2023 Newsletter - Real Estate Balancing Act


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April 2023 Newsletter


Market Update



As your dedicated real estate professional, I study the market daily. I watch the trends and the activity here in our community to provide the best service to all my customers. This month, new listings finished slightly lower than March and the number of pending transactions each week has remained approximately the same. Our inventory is rising, from 2854 (Naples/Collier County, not including Marco) to 2879 units, both single family and condo. It may not feel like much of an increase, but the properties that are priced well and in good condition move the most quickly. The average sales price has lowered slightly from $1.16M to $1.056M, yet the days on market has remained the same as well as the list to sales price ratio.

I continue to spend much of the time speaking to prospective Buyers about the opportunities in our marketplace as listings increase and more homes are sold even though it is slightly less than this time last year. True to my mantra, this is a more balanced market than we saw in 2021 and 2022, however we still have less than half the inventory we did pre-COVID. Our demand continues to be steady. If you are considering selling, my proven strategies are selling homes faster than the average days on market and for more than similar homes.



Featured Property: The Unicorn!


3275 68th St. SW Naples, FL 34105


Looking for privacy, land, new construction, no HOA, and to be close to the best of downtown Naples? Does it sound too good to be true? Wait no more. This is a rare gem! Welcome home to your 4 + den single-family home on over 4 acres just minutes to the best beaches, shopping, dining, entertainment, and schools in Naples.


Community Update:

Lori Fowler | Naples Luxury Scholarship


Each year, a volunteer committee of past clients, business leaders, and passionate members of the community assist in the selection of the worthy candidates from Naples, Barron Collier, and Gulf Coast High Schools. We have expanded the program from one high school in 2015 to 3 since 2020 and hope to continue expanding the program. The Committee met this month and poured over the redacted applications from all the different High Schools and selected very worth candidates from each school. 

Since inception, this scholarship program will have served 20 students pursuing a college career having proved that it takes balance in academics, local service experience, and drive to meet their goals. With concern over the expense of college tuition, and the college experience in general, it also takes support from other engaged adults or mentors. 

The goal was always to honor local Seniors looking to make that next big “move” to continue their academic career. As a student who worked hard in school, had a history of community service, and paid her way through college, I wanted to recognize these future graduates that have the passion and drive to reach their goals. I am a firm believer that integrity matters and doing the right thing always leads to a better future. This scholarship affirms and financially supports the post-secondary education endeavors of these young, talented, and committed leaders that have also served and plan to continue to serve the community.

This Scholarship reflects the belief that It is important to give back while furthering yourself professionally. Some of the greatest lessons in life can be learned in looking beyond self and focusing on our contributions to others that teach us more and stretch us to become a better version of ourselves. Watch for the upcoming award ceremony pictures, and the visits from our past scholarship recipients as many will stop by over the summer months for mentoring and connection. This is my favorite aspect of the program! Congratulations to the winners!



Copyright (C) 2022 Lori Fowler | Naples Luxury. All rights reserved.

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Lori Fowler | Naples Luxury
550 5th Avenue South
Naples, FL 34102

M - 239.877.3800

O - 239.262.7131


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