Leeward Lane, Moorings
Well it's that time of month again where we look back and report on what is happening in the market here in Naples Florida. This report will look at the $2,000,000+ Naples, sales, new listings and pendings.
Let's start with Sold listings in this price category. YTD through July there have been 138 closed properties between $2 and $5M in Naples. Aqualane Shores shows the most activity with 13 closed sales. Aqualane consists of about 350 homes most with Gulf access in an area between Third St.South and Port Royal ; all but one sold had Gulf Access, some had boat lifts. Houses in this area vary in design and the area homes were originally built in the 1960's and 1970's. Renovations and new replacement construction occur regularly.
$5M+ There are YTD through July; 26 closed properties. In this price range the area with the most activity was Port Royal with 11 of the sales. Again an area of single family homes, many with quick Gulf access; renovations & razing occur.
Based on the most recent July numbers pended sales $2M and up continue to increase for the third consecutive month.
Currently there are 43 Pending Sales $2M+ in Naples.
19 Pendings are at the new beachside Highrise Aqua. These luxury units are all new 3500+ sq feet and have direct Gulf access by Wiggins Pass.
9 Pendings are over $5M.
Now for the active listings in Naples. Presently there are 540 active listings $2M-$5M. 377 are single family homes.
94 units are single family $5M+
111 total units $5M +
Over $5M+ you will find your biggest selection of single family residences in Port Royal
New listings $2M - $5M presently are showing a downward trend.
New listings $5M+ rose slightly this spring and have leveled off and even slightly decreased.
If you are considering a Naples Florida luxury residence it might be worth your while to find out what is happening in the area you are interested in.
As always I am At Home By The Gulf.
Disclaimer: All information from Sunshine MLS. Accuracy is deemed correct but not warranted.
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