photo mosaic of Naples, Florida pier, Bayfront, Bayside, dolphin jumping, magenta orchid, water birds silhouetted against the sunset
Naples Area Market Report September 2021

Naples Area Market Report September 2021

September Market Report: New Listings Absorbed by Buyer Demand

Naples, Fla. (October 22, 2021) – Home sales in September would have been stronger if there was more inventory, say broker analysts reviewing the September 2021 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). Historically, September is the slowest month for home sales in Naples, but the area’s reputable natural beauty and home-value potential continue to increase its desirability to home buyers. Closed sales in September decreased 18.9 percent to 914 closed sales from 1,127 closed sales in September 2020, a result of low inventory.

A decrease of 213 homes sales might seem like home buying interest is waning but consider the inventory factor. In September 2020, there were 5,287 properties available. While in September 2021, the month ended with just 1,251 properties for sale (a 76.3 percent decrease). Comparing showing activity also sheds light on the
situation. There were roughly 23 showings per home during September compared to under seven showings per home in September 2020. Basically, more buyers are looking at fewer properties this year.

Read the full September 2021 Market Report in the flipbook format.

Contact David at David@DavidFlorida.com or 239-285-1086 to find your home in southwest Florida.

Naples Area Market Report August 2021

Naples Area Market Report August 2021

Demand for homes in Collier County kept REALTORS® busy in August,
even as inventory dropped 77.3 percent to 1,249 homes from 5,503 homes
in August 2020. According to the August 2021 Market Report released by
the Naples Area Board of REALTORS® (NABOR®), which tracks home
listings and sales within Collier County (excluding Marco Island),
REALTOR®s escorted buyers on over 30,000 home showings in August!
The month’s strong showing activity – coupled with a 76.8 percent
decrease in days on market to 22 days – means most homes were listed,
shown, and sold in less than 30 days.

Read the rest of the report here in the new flipbook format.

Contact David at David@DavidFlorida.com or 239-285-1086 to find your home in southwest Florida.

Naples Area Market Report July 2021

Naples Area Market Report July 2021

The buying frenzy the Naples housing market experienced during the past year has simmered and is being replaced with what brokers say will be our new normal: a low inventory market with fast turnover of quality homes priced right. According to the July 2021 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), inventory decreased 77.2 percent to 1,295 homes in July 2021 compared to 5,672 homes in July 2020, but demand continues to be steady as there were only 30 fewer closed sales and just a 2 percent drop in showings.

Read the rest of the report here in the new flipbook format.

Contact David at David@DavidFlorida.com or 239-285-1086 to find your home in southwest Florida.

Naples Area Market Report June 2021

Naples Area Market Report June 2021

Market frenzy is simmering down

With less than a one-month supply of inventory available, the Naples area
housing market experienced a 14.5 percent decrease in overall pending sales in
June to 1,256 pending sales from 1,469 pending sales in June 2020. Low
inventory levels in June also contributed to a 7 percent decrease in showings for
the month. This simmering of activity has broker analysts who reviewed the
June 2021 Market Report released by the Naples Area Board of REALTORS®
(NABOR®), which tracks home listings and sales within Collier County
(excluding Marco Island), certain that the wild housing market frenzy that began
about a year ago – peaking in March – is now decelerating and being replaced
with a new level of activity that reflects improved market equity for sellers and
sustained buyer interest from people seeking permanent residency.
Overall inventory decreased 78.8 percent to 1,271 homes in June from 6,003
homes in June 2020, and the median closed price in June increased 30.3 percent
to $465,000 from $357,000 in June 2020. Read the full report…

Naples Area Market Report-June 2021 – Read and learn with the New PDF format.

Contact David at David@DavidFlorida.com or 239-285-1086 to find your home in southwest Florida.