Welcome to the "Power Guide" to Naples Real Estate. An information centric site for those looking to make an informed decision on their Naples FL home purchase. Those Naples buyers wanting to search Naples real estate listings, can go right to it. Those buyers looking for either summary or detailed information on Naples communities, home prices, real estate trends, the Naples home buying process and much more, continue on . . . .
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The Naples real estate market is very unique. Homes prices dropped big
time, but that made Naples real estate
very
attractive and home sales in Naples have been at record levels.
Why is the Naples Florida real estate market so different? Naples is a very desirable second home destination. (See why - Naples Florida ) Real Estate sales in Naples are not just driven by the local economy, but by second home buyers. With the deep discounts in home prices, these buyers are seeing home bargains in Naples similar to a decade ago.
The
wide housing diversity in the Naples real estate market appeals to a
broad base of
second home buyers. Some neighborhoods are
mostly local workforce residents, while many others are mainly second home owners
/ seasonal occupants. The real estate market in
Naples also provide buyers with a wide range in pricing and different community types. From
multi-million dollar beach homes and high-rises, to golf, to boating and to
very affordable communities.
The Naples real estate market is mostly built-out. For decades, the number of new home sales exceeded the sales of existing homes, as expansion sites were plentiful. That will never be the case again. Naples only has a few undeveloped tracks of land remaining. In the near future, buyers interested in purchasing new will be in the outlying areas surrounding Naples.
The significant demand for Naples real estate, in the middle of a US housing
slump, could be a very good leading indicator of where the Naples Fl market
is headed.
Other than the number of home sales experienced during the housing bubble, no
other time period in Naples FL is close to the current level of sales. This is of course from the combination of deflated values, and Naples
strong appeal to second home buyers.
If Naples real estate sales are at record levels in a middle of a US housing and economic slump, what can be expected in the future?
If you are new to Naples, then probably the best place to start with gaining an understanding of what the the Naples Florida area is about. Those more familiar with Naples and are curious about Naples home prices, can get a quick overview in the Home Values section. Those Naples buyers further along in the process can find many details on what's available, what's involved, and what type of neighborhood could possibly be a good fit.
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