July Home Sales Hit the Sweet Spot Nabor Market Report - A Service of the Naples Area Board of Realtors® (Dominic Pallini, President and Marcia Albert, NABOR Director of Marketing) "Naples, Fla. (August 25, 2017) - REALTORS® in Naples sold more existing homes in July (682) than they did in January (603) or February (613), a statistical reality that busts an old myth that home sales stall in the summer. In fact, overall closed sales in the market's sweet spot (homes priced between $300,000 … [Read more...]
Naples, Florida – Is “Season” Over? What Happens Next?
Somebody said, "It's not over until the fat lady sings" but we don't know who said it. We do know that Yogi Berra said, "The game is not over until it's over" in a 1963 press conference. We also know that "season" and, in particular, the real estate activity in Naples is not really over. Historically, we experience an exodus of visitors after Easter but, several factors are influencing things nowadays. Many just were not ready to head back north to weather conditions that were still … [Read more...]
PELICAN BAY – Year End Report and Predictions for 2016
Pelican Bay stayed on top of their game as the premier community in the area in 2015. They made huge improvements at the north beach facilities and the Commons with more renovations in the works for the near future to keep Pelican Bay on top. Real estate sales set some records as the demand was high and the supply, particularly for villas and single family homes, was low. Here are some highlights:Bay Villas had a whopping 11 sales ranging from $417,00 for 2 bedroom villas needing TLC to … [Read more...]
Homes West of 41 – Year End Report
Market conditions were brisk for single family homes west of Route 41 in 2015. The supply was short and the demand was strong, so, of course, prices trended upwards but buyers were happy to pay what was necessary to get in the game. The neighborhoods that are the focus of this blog article are Seagate, Park Shore, Moorings and Coquina Sands - the area between Route 41 (Tamiami Trail) and the Gulf of Mexico, south of Pelican Bay and just north of Olde Naples. This has always been and will … [Read more...]
Naples Sellers – Why Hasn’t My Home Sold?
Why hasn't my home sold? You've heard all of this chatter about how hot the real estate market is, you've read the newspaper articles and seen the latest on television. You might have also witnessed your own neighbor's house flying off the shelf in a matter of a few days on the market for sale. By now, you might be wondering why you are still sitting on the market without activity or the offers you were expecting are not materializing.Chances are that more than one of the reasons below share the … [Read more...]
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