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Naples Real Estate Inventory Update 5.9.18

Real Estate Agent with John R. Wood Properties

Hello Naples Friends!

If you remember, I did a Naples inventory update back in November of last year. It's time to check out how each Naples neighborhood performed during the 2017-2018 season! Here we go!


Naples neighborhoods where inventories are UP.


Naples Neighborhoods where inventories are the SAME.


Naples Neighborhoods where inventories are DOWN.


Biggest Loser?

Is it Aqualane Shores with 20 months of inventory? Nearly half the inventory is less than 90 days old dropping the average consecutive market time down 62% compared to what sold over the last year. That pretty new construction is available at a pretty price too but it isn't stopping properly priced product from selling.

Roughly half of what sold experienced a price drop this year and nearly half of what is on the market has too. People haven't been negotiating enormous amounts at the closing table either. In fact, there are only 3 parties who negotiated more than 10% off the list price and the average discount is only 6% off list. When the 7 pending properties close that could drop inventory all the way down to 13 months, just one month higher than where it was last November. The verdict is still out for Aqualane Shores.

Biggest Winner?

Grey Oaks has experienced 28 more sales this year compared to the year before which is outstanding. List prices are up 8% over what sold last year but so is market time now showing an increase of 6%. With only 4 pending properties though it may be that either the run closed well before the end of the season or buyers are digging their feet in a little with the recent bump in price. 

Then What?

If Aqualane Shores isn't the biggest loser and Grey Oaks isn't the biggest winner then what is? Hire me and find out. People looking in all of the same places without regard to what else is available could be missing out big time this year. If you're working with me, you'll know all of your viable options and can choose accordingly.

If you're thinking about selling, throwing it in MLS is not enough. Ask me how I put a property under contract in 43 days in a neighborhood that had an average consecutive market time of 535 days when it went on the market. Was it price? No, because my listing was the highest priced per square foot home on the market. My strategy was hardcore and the results were massively successful. 

Ok, that's all for now. Let me know how I can help you out.



Posted by

Serving my purpose through content-rich information about Naples, Florida real estate!

Best Regards!

Naples Real Estate

Shannon Lefevre, PA
Your Naples Smart Girl!

“The opinions expressed herein are those of the author and do not necessarily represent the views of John R. Wood Realtors.”


Comments (7)

Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Shannon, thanks for the market update.  Always enjoy viewing information on other locations.

May 09, 2018 09:52 AM
Shannon Lefevre
John R. Wood Properties - Naples, FL
Shannon Lefevre, PA Your Naples Smart Girl

Hey Ronald! Thanks for checking it out! Great to see you! :)

May 09, 2018 09:55 AM
Roy Kelley
Retired - Gaithersburg, MD

This is great informaton to share with families on the move.

Many Maryland residents are relocating to Florida.

May 09, 2018 11:57 AM
Shannon Lefevre
John R. Wood Properties - Naples, FL
Shannon Lefevre, PA Your Naples Smart Girl

Thank you Roy! It's great to see your smiling face! :)

May 09, 2018 03:52 PM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

What a beautiful beach. My husband has family in the DC/Maryland area and Roy Kelley is right - many seem to be heading south to your area. D 

May 10, 2018 10:48 AM
Shannon Lefevre
John R. Wood Properties - Naples, FL
Shannon Lefevre, PA Your Naples Smart Girl

Thank you Debb! If you personally know anybody thinking about buying or selling in Naples, I'd be happy to pay a referral! ;)

May 10, 2018 12:17 PM
William McClain
London Foster - Miami Beach, FL
Your South Florida Waterfront Specialist!

Great Post- we should be in touch for cross state referrals!

Oct 31, 2018 08:16 AM
Shannon Lefevre

I agree with you William! :)

Nov 01, 2018 05:08 AM