Naples is a great place for investors and residents alike looking for Naples real estate property to buy in this beautiful city on the Gulf Coast. Featuring 17 miles of gorgeous white sandy beaches alongside some of the best dining in the U.S., Naples offers multiple real estate investment locations with a variety of price ranges to suit moderate to higher-end budgets.
Naples Real Estate Summit Report
Naples real estate is booming, specifically in high value locations and the condominium market, according to reports from the 2015 Annual Naples Area Board of Realtors (NABOR) Economic Summit held in this past April.
Numbers from the summit, as reported by News-Press.com, indicate Naples home prices have increased with many surpassing the area’s 2005 peak levels. This is good news for investors, home owners, and interested buyers alike.
2015 Trends in Naples Real Estate
NABOR 2015 first quarter results indicate an increase in Naples property sales is positively influencing the Naples real estate market. According to John Tuccillo, chief economist at Florida Realtors and the former chief economist at the National Association of Realtors, the housing market definitely has rebounded from its the past recession lows.
"There is a very close correlation, between million-dollar-plus home sales in Florida and the Dow (Dow Jones Industrial Average),” Tuccillo told the News-Press.com, “so it's kind of an indicator of where home sales are going to do."
Naples Real Estate First Quarter Results
The Naples Area Board of Realtors released the area’s first quarter results recently, signaling a rise in sales in the Naples real estate market.
Naples real estate transactions show pending sales in the $300,000-$500,000 category are up 18% for the first three months of 2015.
Closed sales for homes in the $2 million and higher category also are up 18% for the first quarter ending 2015. Pricing on closed sales is up 12% overall during this same period. Inventory on Naples homes for sale is up 14% and 18% in the $300,000-$500,000 and $2 million and up category, respectively.
Naples Real Estate Deals
Although homes for sale in Naples have experienced a significant jump in closed sells, there continues to be a large number of excellent deals in all areas of the city. Real estate experts predict homes for sale in Naples to continue to climb.
Naples luxury homes are plentiful with a large number of affluent real estate properties available all along the coast and other prime locations in Naples.
Homes for sale in Naples may include waterfront views, boating access, golf course backyards, and a host of other amenities. Naples homes for sale in neighborhoods closest to the beach are highly desirable all year round.
Luxury waterfront properties in and around Naples can be found in areas and various subdivisions such as Old Naples, Port Royal, Royal Harbor, Park Shore, and Aqualane.
Searching Homes for Sale in Naples
Smart real estate investors are always checking Naples real estate. Whether it’s for a second home with seasonal occupancy, a year-round home, or rental property, buyers looking for a second home buy can find a ton of listings throughout the Naples city limits.
New home construction is an option, but buyers should have a good understanding of the area where the homes are being built as well as an idea of who the builder is. Making the right purchasing decisions will help determine if the final outcome on the Naples real estate investment was a wise one or not.
Buyers searching for the latest Naples homes for sale should check online listings daily. The number of available and sold homes changes frequently. The best way to ensure you have a chance on a Naples real estate property is to call a Berkshire Hathaway HomeService Florida Realty Sales Professional who can keep an eye for the type of property you are interested in purchasing and at the price you want. Call one today.
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