Leaves are Turning in Chicagoland and Your Thoughts are Heading to Naples, FL!

By
Real Estate Broker/Owner with Heart Realty Group, Inc.. IL-471.002355

Fall is definitely here with the rain, cool weather and thoughts of winter around the corner.  For many of us who are ready to take the next step - retirement or those of us that are just tired of the cold and snow a change of location might be in order.

Now that I have my Real Estate Broker license in Florida and access to the Naples area MLS, I wanted to find out what is on the market/  Currently close to 6,000 active listings are available in the Greater Naples area.

 NABOR Headquarters

A lot of variety with a broad range of prices to entice almost everyone.  Whether looking for a simple home under $100K or your dream home in the millions, the Naples area has enough inventory  - but multiple offers are starting to be common in the lower price points and prices are stabilizing and increasing.   According to Realtor.com:

7. Naples, Fla.
Average list price: $713,087
Year-over-year increase: 15.13%

Bonita Springs, FL

According to Realtor.com Florida has 10 out of 15 ciities that are seeing price increases so now is the time to make the move.

 

Under $100K - 3 bedrom 1 bath or 2 - 59 listings - short sales, TLC, foreclosures,  some with pools even in various parts of Naples area.

Sure, these are not in the "gated golf communities" that Naples is famous for but many are on large lots of 1 acre and yes they need work but for those that are willing to do the work you can move and enjoy sunshine instead of cold and snow!

Some of the subdivisions represented are:  Avalon Estates, Arrowhead Reserve, Naples Manor, Trail Acres, Golden Gate Estates, Golden Gate City, Jubilation and Shadowlawn to name a few.  Under 1300 sq. ft on average.

$101K to $200K - 3 bedroom 1 or 2 bath - 177 listings - More variety - large square footage

$201 to $300K - 3 Bedrooms,w 1/2 baths - 177 listings - Variety, large square footage.

$301 to $500K - 3,4,5+ Bedrooms, 1/2+ baths - 516 listings - Many in gated communities with tons of amenities but along with the amenities come Quarterly association fees and restrictions.  With subdivisions such as:  Banyan Woods, Olde Cypress, Lake Placid, Wilshire Lakes, Island Walk, Imperial Golf Estates and similar lifestyle subdivisions.

$501K to 1M - 3, 4, 5, or more bedrooms - 1, 2 or more baths - 459

Location, Location - these homes are closer to the beach, in exclusive or old Naples subdivisions with the space and workmanship that the price range commands with large square footage, some are even totally furnished.

With 613 listings in the million plus category you can find an equivalent home from your Gold Coast, North Shore, Barrington or Naperville residence.  From the $28M "Casita De La Playa" on 1.5 acres on the Gulf of Mexico,  to the $1,050,000 5 bedroom home in Coquina Sands.  With this much selection you are bound to find a home that appeals to your dreams of a Naples summer home or your final dream home.

Start your search here

Before you know it Chicagoland will be knee deep in snow while further south they will be enjoying the sun and beach that the Naples Florida area is famous for.  So what are you waiting for?  Contact your personal connection to the Sunshine State! Same number for both states - 630-251-0059!

Evelyn Santiago

Naples Broker Realty - FL

Dynamic Real Estate Network, Inc. - IL

 

 

Posted by

Evelyn Santiago

Managing Broker - 630-251-0059

Heart Realty Group, Inc.

We are Passionate About Real Estate!

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Tags:
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Rainmaker
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Team Honeycutt
Allen Tate - Concord, NC

Fall is definitely in the air here but it is still in the 70's.  It is so besutiful but our leaves don't turn for a while. Then a lot of our people will mske trips to the nearby mountains.  The leaves are quite an attraction.

Betty

Oct 01, 2011 07:33 AM #1
Rainmaker
285,400
Evelyn Santiago, Managing Broker Heart Realty Group, Inc.
Heart Realty Group, Inc.. - Oswego, IL
Passionate About Real Estate & Our Clients!

Betty:

Your so lucky its still in the 70's.  It's a brisk 55 today and finally the sun is out which makes up for the last 2 weeks of rain and overcast days. We will have a few days of Indian summer starting Tuesday and I can hardly wait!

Thanks for the comment!

Oct 01, 2011 07:37 AM #2
Rainmaker
1,078,178
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Evelyn:  I'm SO suggesting this post, as it provides real food for thought for those thinking of ... or potentially 2nd home/retirement home buyers.  What a great time to investigate whether a Florida home could be in your future too.  Interest rates have come down for all kinds of lending, and that naturally retirement homes too.  Love it when posts get people thinking ... and planning for their future!

Hope your phone rings off the hook!

Gene

Oct 03, 2011 06:16 AM #3
Rainmaker
285,400
Evelyn Santiago, Managing Broker Heart Realty Group, Inc.
Heart Realty Group, Inc.. - Oswego, IL
Passionate About Real Estate & Our Clients!

Gene:

Thanks for the encouraging words.  With multiple offers on the lower end FL prices have gone up according to Realtor.com so the time is NOW if people want to take advantage of the lower prices to move to warmer climes.  Although its hard to think about FL when we are having our own Indian Summer this week but hopefully the ones that have been toying with the idea will start thinking seriously about it now!

I just happen to know a great lender that can do FL Loans,too....Chicago Bancorp and Gene Mundt!

 

Oct 05, 2011 11:06 AM #4
Rainer
334,024
Paul Gapski
Berkshire Hathaway / Prudential Ca Realty - El Cajon, CA
619-504-8999,#1 Resource SD Relo

Thank you for sharing your blog; we need Real estate Professionals to share their comments and information regarding their markets and experiences. Thanks again from beautiful Sunny San Diego

Jul 28, 2012 04:30 AM #5
Rainmaker
285,400
Evelyn Santiago, Managing Broker Heart Realty Group, Inc.
Heart Realty Group, Inc.. - Oswego, IL
Passionate About Real Estate & Our Clients!

Thanks Paul,

Love your city - just entered into a contest to see Carrie Underwood when she comes there....keep your fingers crossed so I win :)

From the Windy City suburbs that are currently sunny and in the low 80's...

Jul 28, 2012 05:13 AM #6
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Rainmaker
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Evelyn Santiago, Managing Broker Heart Realty Group, Inc.

Passionate About Real Estate & Our Clients!
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