How is the Real Estate Market doing in Naples and the surrounding areas? That is the question Julie and I are most frequently asked.
July Market Report Shows Sellers & Buyers Adjusting to a New Normal
- The buying frenzy the Naples housing market experienced during the past year has simmered and is being replaced with what brokers say will be our new normal: a low inventory market with fast turnover of quality homes priced right. According to the July 2021 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), inventory decreased 77.2 percent to 1,295 homes in July 2021 compared to 5,672 homes in July 2020, but demand continues to be steady as there were only 30 fewer closed sales and just a 2 percent drop in showings.
If you are looking to buy a home in Naples be prepared to move fast. Partner with us (Shawn and Julie Hyland) we understand the new normal of the Naples real estate market. We know how to navigate in our fast-moving market, closely monitoring the Southwest Florida MLS, and can quickly alert our buyers of new listings.
- Naples is in a seller’s market as there is more demand than there is supply. Now is the time for sellers to seize this unique opportunity. The July Market Report data shows that your house will likely sell quickly, you will receive close to your list price, and there is a 50 percent chance it will be a cash buyer who can close faster than someone who needs to finance the purchase.
If you are considering selling your home, look to us, we have the ability to provide an accurate market comparison, give you expert advice on how to capitalize on today’s market conditions, and sell your home or find your dream home quickly. We can ensure your next purchase or sale in the Naples area is a success.
Contact us today! Julie and I are here to help with all your Real Estate needs.
Author:Shawn and Julie Hyland Phone: 239-269-6113 Dated: August 31st 2021 Views: 48 About Shawn and Julie: Shawn & Julie know when it is time to make your move in Naples the first call you should make is to ...
Whether you are buying or selling, exceeding your expectations is the commitment the Move2NaplesNow team makes to you. Superior real estate representation is not based merely on locating or marketing a specific property address, but instead on fostering a relationship of mutual trust and shared success. Specializing in the Greater Naples market, Move2NaplesNow, provides buyers and sellers the information, technological tools and exposure needed to effectively meet their individual objectives.
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Naples and across the US Home-ownership Still Vital to Build WealthAc
"Fay was great and knowledgeable about homes, the area, and what each area offers. She was very accommodating with any and all my needs. Very helpful with any information that I needed. I would recommend and use her again. "