The Naples real estate market, especially the luxury market, continues to buck national trends with closed and pending sales up while inventory and days on the market are down. The Naples Beach area, which includes Port Royal, Aqualane Shores, Park Shore, Olde Naples, Royal Harbour, and a few other luxury markets, was up more than 5% over the last 12 months versus the previous year. Inventory in Port Royal and other waterfront markets is down more than 10%. The net of this is, despite the news that real estate prices are falling, sales are dead, and the market is in trouble, Naples, and really the luxury market, are quite stable. Nevertheless, it is still a buyer's market more than ever and our firm strongly believes based on quality homes and the price, that now is as good as ever to be a buyer in Naples. Contact Brad Johnson at 239.595.9278
for a professional consultation.