Naples Real Estate Market News & Forecast

Residential Real Estate Market News & Forecast

Naples, FL 2014: Home supplies are at their lowest levels since 2007. As a result, the local Naples real estate market is experiencing increased home values as buyer demand outweighs supply. At the same time the local market is experiencing positive “stability.” Market stability is defined by National Association of Realtors’ Chief economist Lawrence Yun as, “the point when a markets distressed sales (foreclosed and short sale homes) are under 10% of total sales activity. Distressed sales made up just 9% of closed sales in May of 2014.

To make up for lower home inventory, builders have increased new construction throughout the area. About 30 new home construction projects are under way in Naples, including The Landings at Bear’s Paw, Naples Square, Mangrove Bay, Talis Park and the new Marbella Isles (to name just a few.)

3 Comments

  1. Chrissi Brignola on July 28, 2014 at 5:05 pm

    Facts couldn’t be truer!! While there are still many homes for sale in SWFL, they are being sold quickly!! Letting the buyer know this, is a great incentive for them to make their decision post-haste.

  2. Steve Saner on July 27, 2014 at 9:01 am

    Great input on Naples real estate market. The point about “positive stability” makes the market distinct from all the reported statewide data, which characterizes the rate of distressed sales as less than the peak, but still very high compared to historical normal rates.

    • Mark Weber on July 27, 2014 at 1:11 pm

      Thanks Steve. True other areas in Florida still have higher distressed property numbers. So we are again blessed here in Naples!!

Leave a Comment





© 2018 White Sands Realty +1 (239) 417-1115
White Sands Realty received an average rating of 5 out of 5 stars from 49 Google+ customer reviews