Naples Ranked Number One! According to a recent study, our beautiful Naples Florida was just named the best place to live in the United States! Scholaroo is a nonprofit educational research company and scholarship website engine. It released its list of the best U.S. cities to live in for 2023, and Naples, Florida was ranked number one! The study analyzed over 150 American cities and rated the following nine main indicators of happiness and satisfaction: Crime & safety, economy, quality of life, health care, education, employment, leisure & entertainment, affordability, and infrastruc ..read more

For the first time in months, we are seeing days where the “new listings” outnumber the “pending” listings…Not every day, and not by much, but it is step in the direction of having a higher overall inventory…Time will tell. Year-over-year, in last month’s report, we saw a decrease in inventory of 72 %. In this market report we see overall inventory down 24 % year-over-year. In my last monthly report, 1,261 new listings were taken, compared to this report, 1,637 new listings taken. Another observation is we are also seeing more price reductions, and the price reductions are outnumbering price i ..read more

It’s been almost two weeks since Hurricane Ian made landfall in SW Florida as a category 4 storm. Our sister cities to the north; Cape Coral, Fort Myers and Fort Myers Beach, Bonita Springs and parts of Estero, as well as the barrier islands; Sanibel & Captiva, Pine Island and Matlacha suffered devastating losses. It will take months, if not years, for them to rebuild. Much of Naples is back up and running and it’s projected that 95% of our businesses will be open by November 1st.  As I drove both north and east on US 41 this week it was hard to tell we had a hurricane such a short ti ..read more

Naples Real Estate February 2022 Update Comparing housing statistics for the Naples area, February 2022 to February 2021, we find a decrease in inventory of 72%. New listings in February 2022 totaled 1,261 compared to a year ago, 1,467. Additionally, the average days on the market is down from 73 to 23. The Median closed Sale price is up 38% from $400,000 to $550,000 year-over-year. We believe prices are beginning to stabilize as we examine the price reductions in February; 276 listings reduced their price…170 listings had price increases. Plus, the median closed sale price in February as comp ..read more

Do you want to know what I think is one of the best deals in town? Did you know that Collier County Museums offer five diverse locations where you can explore the history of Southwest Florida? Did you know the entrance fee to each museum is FREE?! Yes, free admission, free education programs, free lectures, free exhibits! So whether you are interested in learning more about the past at the Immokalee Pioneer Museum at Roberts Ranch [about an hour’s drive from downtown Naples], or perhaps you want to view the ancient Indian artifacts at the Marco Island Museum, including the Marco Cat…Or the Nap ..read more

The backwaters in SW Florida are some of the most beautiful anywhere for “paddling”. Whether you are in a canoe, kayak or paddleboard, there is nothing like gliding through the calm backwaters and experiencing the flora and fauna up-close.There is only one public access facility in Collier County. The Isles of Capri Paddlecraft Park was designed specifically for such crafts. The ramp launches you right into McIlvane Bay, a shallow mangrove bay rarely visited by boats with motors. McIlvane bay is home to dozens of species of birds and fish. There’s ample parking, and they provide a fresh water ..read more

According to a report, published by the Naples Area Board of Realtors in January, the demand for the Naples Lifestyle “eclipsed all expectations” and contributed to many home-sales records in 2021. The year ended with a 25.8% increase overall in the number of closed sales and over a 20% increase in the median closed sale price, year-over-year, in the Naples market. Here are a few findings worth sharing to help our clients and future Naples Real Estate customers navigate through the upcoming months: • The decrease in available inventory allows sellers to capitalize on the buyer demand. Overall ..read more

Lately, one of the most frequently asked question I’ve been receiving from clients who are thinking about selling is, “But if I sell, where am I going to go?” This is a common dilemma in a rising market. On one hand, you want to take advantage of the “Seller’s Market“, with median closed sale prices up over 18% year-over-year…but, unless you are looking to downsize or relocate somewhere else in Florida, the answer to that questions doesn’t appear to be clear to many. According to the Naples MLS, our inventory is down 49% as compared to this same period last year. If you are looking in an estab ..read more

We have heard conflicting stories about a “bubble” bursting in the Florida real estate market…Much of this market is being driven by demand, which we don’t think will stop anytime soon. Florida is seeing an influx of new permanent residents from the NE and Midwest, as usual, but additionally Californians are migrating to the Sunshine State. We’ve had several sales pend “sight unseen”! Our market is hot and we don’t see a cooling off anytime soon. The rise in prices is compounded by the new construction labor and material costs increasing. Many new home communities have implemented building mor ..read more

Welcome to 2021! I thought by now I’d have posted at least a half dozen times…but goodness, we are busy! Most of our calls the past 2 weeks have been from our northern friends looking for last minute rentals…the rental inventory got scooped up quickly. There is a very low inventory as many investment properties are being occupied by the owner who realized they can work from home, therefore why not be in Naples! Who can blame them? Our listing inventory, both single family homes and condos, is also quite low; as reported yesterday in our weekly broker’s round-table, Naples currently has a 2.3 m ..read more