Navigating the Naples Real Estate Market: Insights for Buyers and Sellers
Are you considering buying or selling a home in Naples, Florida? The real estate market here is dynamic, and as a REALTOR with Premiere Plus Realty, Co., I’m committed to providing you with the latest trends and data to help you make informed decisions.
Current Market Overview
Right now, the Naples market has a 6.06 Months Supply of Inventory, which indicates a balanced market where buyers and sellers can negotiate fairly. Notably, this represents an 83.64% increase in inventory over the last 12 months, offering more choices for potential buyers. Whether you’re a first-time buyer or looking for a luxury property, this increased supply means you have more options to explore.
Key Market Metrics
Here are some important statistics to consider:
- List to Sold Price Percentage: Currently, homes are selling at 95.1% of their listing price, reflecting a strong demand despite the increase in inventory.
- Median Days on Market: Homes are typically on the market for 75 days before being sold, indicating a relatively healthy pace for transactions.
- Median Sold Price: The median sold price in Naples is around $590,000, which highlights the area’s appeal for various buyers.
Why Now is the Time to Act
With these market trends, now is an excellent time to take advantage of the opportunities available. If you’re a buyer, you have a variety of homes to choose from, and with the current list-to-sold price ratio, you can negotiate confidently. For sellers, despite the increased inventory, homes are still selling at a good percentage of their list price, meaning your property can attract serious buyers if positioned correctly.
Let’s Achieve Your Real Estate Goals
Whether you’re looking to buy your dream home or sell your current property, I’m here to guide you through the process with expertise and dedication. I understand the nuances of the Naples market and can help you navigate it effectively.
If you have questions or would like more information on how these trends affect your real estate goals, don’t hesitate to reach out. Contact me today, and let’s discuss how we can make your real estate dreams a reality!
Call me at 239.860.5700 or visit lynnknowsrealestate.com for more insights.
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