Price Climb Slows as Naples Inventory Heats Up for Summer
Larry Roorda Realtor
by RoordaAdmin
1w ago
As competition grows in the Naples housing market – overall inventory increased 67.1 percent in May to 5,019 properties from 3,004 properties in May 2023 – monthly closed sales for the month decreased 12.2 percent to 907 closed sales from 1,033 closed sales in May 2023. Broker analysts reviewing the May 2024 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), are closely monitoring the number of monthly price decreases to see whether it could turn the tide and improve sales this summer. One thing was ..read more
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Naples Inventory Hike Helps April Home Sales Swell
Larry Roorda Realtor
by RoordaAdmin
1M ago
The payoff of months of rising inventory was finally realized in April as closed sales increased 3.8 percent to 999 closed sales from 962 closed sales in April 2023. This is the first month closed sales have exceeded past years’ monthly comparable sales since June 2021. According to the April 2024 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), the 2,365 price reductions in April stimulated sales in the right direction. Growth in inventory does not appear to be slowing down either, as new listing ..read more
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Windemere condos provide private paradise on Moorings Bay
Larry Roorda Realtor
by RoordaAdmin
2M ago
Windemere condos in The Moorings in Naples are a private paradise for anyone looking for a boutique, low-density, bayfront community. The community is made up of 28 units spread across seven floors, allowing for just four units per floor. Residences range in size from 1,650 to 2,000 square feet with two- and three-bedroom floorplans. Covered and uncovered parking is available to residents. There are community laundry facilities, but many units also have their own. Impact-proof windows and secure keypad entry help provide extra peace of mind while home or away. Windemere’s location directly on ..read more
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Sancerre condos are elegant beachfront luxury
Larry Roorda Realtor
by RoordaAdmin
2M ago
Sancerre condos provide beachfront elegance to all its residents. This luxury condo community in The Moorings is the perfect place to experience the rare luxury of beachside living. Old-world charm, luxury French-inspired design elements, and modern comforts make this community shine. Sancerre’s seven residential floors are home to just 23 residences ranging in size from 4,000 to 4,200 square feet. These spacious condos offer sweeping views of the Gulf of Mexico and the stunning sunsets over the water. Penthouse units come with two private air-conditioned garage spaces, while the other units h ..read more
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Naples Home Values Remain Strong and Inventory Expands in March
Larry Roorda Realtor
by RoordaAdmin
2M ago
Positive shifts and trends in the Naples area housing market during March continued to attract buyers and sellers. The March 2024 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), reported a 67.6 percent increase in inventory to 5,283 properties from 3,153 properties in March 2023. While home prices continue to appreciate steadily, up 6 percent in March to $649,000 from $612,000 in March 2023, there were also 2,667 price decreases during March, the highest number of decreased reported in over five ..read more
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Regency Towers cooperative features sought-after southwest views
Larry Roorda Realtor
by RoordaAdmin
3M ago
Regency Towers cooperative is a sought-after community in The Moorings. With two buildings on the beach and southwest views, it is a dream come true for many. The towers were built in 1972 after Hurricane Donna swept through the area. Learning from the storm, Regency Towers have been built to double code standards to be incredibly durable and protected from future storms. Spread throughout the twin eight-story buildings are 40 units, including four spacious penthouses. Units range in size from around 1,700 square feet all the way up to just over 3,000 square feet. Parking is available undernea ..read more
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Rising Inventory and Competitive Pricing are Favorable for Naples Home Sales
Larry Roorda Realtor
by RoordaAdmin
3M ago
The overall median closed price in Naples increased 5 percent to $625,000 in February from $595,188 in February 2023, but there were also 2,264 price decreases reported. Brokers contend that price decreases may be one indication that sellers are shifting from aspirational pricing to realistic market pricing. According to the February 2024 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), closed sales decreased 9.3 percent in February despite a 66.6 percent increase in inventory to 5,139 properties ..read more
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La Maison Club condos embody the luxury bayside lifestyle
Larry Roorda Realtor
by RoordaAdmin
4M ago
The La Maison Club condos in The Moorings are luxury bayside delights perfect for those looking to call Naples, Florida home. This midrise community is home to 64 units spread throughout the U-shaped building. La Maison Club condos enjoy panoramic views of Doctors Bay. The community’s condos range from about 1,100 to 1,800 square feet with two and three-bedroom arrangements. Most units feature an assigned covered parking space, with ample guest parking available. Amenities are plentiful at the La Maison Club condos. The community is home to a beautiful central green space that leads to the bay ..read more
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Martinique Club co-op is a private beachfront gem
Larry Roorda Realtor
by RoordaAdmin
4M ago
The Martinique Club co-op is one of the most private buildings on the beach and is perfect for anyone looking to live a luxury oceanfront lifestyle in Naples, Florida. This community in The Moorings is considered low density, with just 35 units spread throughout the building’s nine residential floors. Condos in the building range in size from 1,400 square feet, all the way up to 2,300 square feet. Balconies facing west give residents panoramic views of the Gulf of Mexico. The Martinique Club, built in 1971, offers privacy with a secured front entrance, under-building parking, no unit leasing ..read more
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January Market Report Shows Very Suitable Climate for Seasonal Sales in Naples
Larry Roorda Realtor
by RoordaAdmin
4M ago
Data in the January 2024 Market Report showed invigorated confidence in the Naples area housing market for both sellers and buyers. Overall inventory continued to climb for the sixth straight month resulting in a 58.8 percent increase in homes for sale in January or 4,639 properties from 2,921 in January 2023. Fueled by a 29.1 percent increase in new listings year over year, January showings doubled compared to showings reported in December 2023. The first month of the year also saw serious sellers taking action to capture increased buyer attention with 1,804 price decreases, a 122.7 percent i ..read more
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