Naples luxury real estate inventory has dwindled to levels not seen in over 8 years. These low levels have become almost extreme in areas such as Port Royal, Old Naples, Aqualane Shores, The Moorings, Coquina Sands, and Park Shore. Further, land and single family sales have led the way in these areas. For example, there are currently 42 available single family homes in Old Naples and 2 years ago there was roughly triple that number. Also, in Old Naples there have been 53 closed single family sales in just the last 7 months with currently 9 homes under contract. Port Royal has also come back to healthy levels of roughly 10% availability. For more information on the Naples Luxury real estate market contact area expert Rex Miller of Gulf Coast International Properties at 239.821.1433
Rex Miller, P.A.