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For all of your Real Estate needs around the globe, I've got you covered!
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Yes, Summer Season in Naples is in full swing. Things are a little quieter than we have experienced in the past few years. I believe that everyone who could not travel, or chose not to travel, due to COVID restrictions for the last few years … well they are traveling or truly enjoying their Northern residences. This makes it, you guessed it…the ideal time to buy and sell property in our Greater Naples market.
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"Why, Lori?"
Well, those looking for value have less competition to drive up prices and motivated Sellers are ready to work with a ready, willing, and able buyers. Buyers, this is the time to make a deal and find the place you have always dreamed of. Less competing Buyers means that properties are selling at 97% of list price list price compared to a year ago. Use these summer months to settle in and make it yours prior to season.
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"What do the stats say?"
As a professional agent that studies the market daily, we are seeing that inventory is still historically down from pre-COVID levels. We currently have one month of inventory when you consider the number of new listings coming on the market and the number of transactions closing. With little competition, the values are still holding. We have seen appreciation month over month, at healthy levels.
This same week last year, the average price was $1.15M for the greater Naples Market, not Marco, not Bonita, strictly Naples. Today, the average price is $1.199M.
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So, if you would like to look a little closer and jump back into your search, you can avoid the multiple offers and prices above list and make it happen this summer! There are also great investment opportunities in our marketplace. To those considering selling, let’s get you top dollar when most of the market is waiting for season. This is the halfway point in 2023! Will this be your year to achieve your real estate goals?
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*NABOR Infographic looks at all of SWFL on a year-to-year comparison.
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10619 CARENA CIR, FORT MYERS, FL 33913
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Experience luxury in this stunning 2 bed + Den, 2 bath home in the esteemed 55+ Pelican Preserve community. This open-concept jewel showcases panoramic lake views, an upscale kitchen with granite counters and stainless appliances, and elegant coffered ceilings. Delight in the porcelain tile and vinyl plank flooring, 10ft ceilings, and crown molding. Enhanced security with Storm Smart hurricane shutters and motorized lanai screens completes this refined retreat.
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Stay tuned for more exciting new listings coming soon!
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Preparing new Floridians for the upcoming
Hurricane Season
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With Hurricane Season upon us, let me provide you with plenty of resources and reminders to prepare for all situations. Click below to access my website blog where you can find links, phone numbers, and guides for all your needs.
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Copyright (C) 2022 Lori Fowler | Naples Luxury. All rights reserved.
Stay up to date with the Naples Real Estate Market through these newsletters!
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Lori Fowler | Naples Luxury
550 5th Avenue South
Naples, FL 34102
M - 239.877.3800
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