THE STATE OF THE MARKET

Naples Florida Real Estate Market

Since July 2008, Naples Florida Real Estate sales have had significant year-to-year increases. Naples Florida Real Estate is again, one of the fasting growing markets in the United States, as we are experiencing one of the best buyer's markets in the last 10 years.

Tremendous values exist in every segment of the market: re-sales, new construction, foreclosures and short sales. However, be advised that currently the average sale is approximately 90% of listing price in the Naples FL real estate market, so if you're thinking you're going to purchase at 50% off list price, you're sadly mistaken.

The Naples FL real estate market is experiencing major home sales increases because after the artificial run-up in real estate prices from 1999 to 2005, prices have returned to levels that make purchasing in Naples an affordable proposition again. Naples FL short sales and Naples foreclosures have made prices attractive to current residents, second home buyers, investors and foreign buyers - especially from Canada and the United Kingdom.

Naples Florida real estate offers the luxury of lifestyle choice! An ideal environment to start or raise a family as well as a retirement haven, Naples Florida real estate offers a myriad of residential housing choices. Luxury tower condominium homes, beach front mansions, private gated golf communities with single family homes, condominiums, attached & detached villas, or close-in country living in Pine Ridge Estates.

Naples real estate has experienced some of the fastest appreciation in the country for 3 simple reasons - the weather, our proximity to the Gulf of Mexico & our reputation as a haven for the wealthy & well-heeled!  But just like the rest of the country, some areas of Naples real estate have seen prices decline 50%, making this the ideal time to buy that second home or investment property and wait for the prices to begin rising again.