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Naples Beachfront Condo Update
Naples Beachfront Condo Update
There are only 7 months of Naples beachfront condo inventory. Prices are likely going up again! Here's what you want to know if you're thinking about buying or selling a Naples beachfront condo:
 
Here's what the Naples beachfront inventory looks like by price range:
Under 1 million - 18  - 5 months 1 million - 2 million - 36 - 5 months 2 million - 3 million - 5 - 6 months 3 million -  4 million - 4 - 6 months 4 million - 5 million - 8 - 16 months 5 million+ - 5 10 months Listing supply under 5 million is short. If you find yourself in the market for a beachfront condo under $5,000,000, you could find yourself:
Competing with other buyers Having a hard time identifying something fabulous Running up against a confident Seller Your best strategy is to go in knowing what you're up against. It might be best to identify at least 3 units and then try to negotiate your best deal. There will be tough Sellers. If you don't like their response, your smartest play might be to walk away and try somebody else who may be more motivated to sell. ... more

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