Market Conditions — August 2023

Market Resiliency Fuels Home Sales in August Inventory is selling quickly, and prices are stable in the Naples housing market. According to the August 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®) closed sales of homes in Naples during August increased 17% compared to July closed sales, and 1.9% to 702 closed sales [...]

September 26, 2023
Market Report, Real Estate, Update

Market Conditions — July 2023

Home Prices Hold Steady in July While much of America grapples with unfamiliarly high interest rates that have stalemated the resale home market, broker analysts reviewing the July 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®) point to data that shows home sales activity in Naples has remained steady for the past year [...]

September 1, 2023
Market Report, Real Estate, Update

Florida’s Iconic Ritz-Carlton Beach Resort Reopens

The Ritz-Carlton, Naples has finally made its much anticipated return and the reviews have been nothing short of amazing. The hotel was under construction prior to Hurricane Ian for the 92-suite Vanderbilt tower. However, the lobby and amenities sustained damage during the hurricane which forced the iconic hotel to shut down and renovate. Now, both […]

August 31, 2023
Business, Naples, Pelican Bay, Update

Market Conditions — June 2023

Naples Housing Market Prime for Summer Buyers Broker analysts reviewing the June 2023 Market Report by the Naples Area Board of REALTORS® believe a surge in summer travel contributed to the reduction in home sales in Naples during June. The report showed a 13.6% decrease in overall closed sales for the month to 837 closed [...]