You haven’t moved to Florida yet? We are still seeing steady migration to Naples, Florida, after the “COVID Land Rush” of 2020 and 2021. With an unprecedented demand for homes and condominiums in Naples and nearby Bonita Springs, we saw inventory shrink and prices soar. Things have cooled off overall, but there are contracts being written every day for buyers relocating to the Naples area.
We will always have demand from the usual suspects such as those buyers nearing retirement, future “snowbirds” splitting their time between chilly northern states and Florida as well as the growing number of people able to work remotely. Employment opportunities are strong, the local economy is healthy, the schools are good, we have the weather, we have the water, and people want to live “free” enjoying a great lifestyle.
The real estate market is healthier nowadays with a better balance between buyers and sellers. With an increase in inventory, there comes tempered prices and room for negotiation. Gone are the days of “Best and Final Offer by 5pm,” “Seller to Remain in Residence until…….,” “Cash and As-Is Contracts Only.” Now we have a market which has separated very quickly between those who have not received the memo and those with local knowledge accompanied by realistic expectations. There are lingering sellers who want to ignore the changes in the real estate market. For a buyer, you want motivated sellers who understand the value of their property in the same world as a buyer following our local trends.
As always, as we have emphasized many times previously, the Naples real estate market goes neighborhood by neighborhood, community by community. For good reasons, different neighborhoods and different areas have different values. Those differences can be location, amenities in a community, price ranges, golf facilities, boating access, view, proximity to the Gulf of Mexico and beaches as examples.
Here are some communities and neighborhoods that have experienced a continued interest from buyers. As of today, these real estate areas have opportunities and are getting attention with contracts written regularly for people relocating to Naples. Click on the links below:
Serious buyer? We listen well and will find your own “Piece of Paradise” or investment property at the best negotiated price and terms. We are full-time professional REALTORS® with the ABR® designation (Accredited Buyer Representative) who depend on your referrals and take pride in our work. We have lived and worked through all real estate cycles. Take advantage of our skill and strategy to make you a successful buyer in a challenging market.
Serious seller? We will give you honest advice about current market conditions and pricing. We will aggressively market your home to local, national, and international buyers for the best results and a smooth transaction. Our experience with negotiating, as well as handling multiple offers, will result in the best terms for your own situation.
