How is the Real Estate Market doing in Naples and the surrounding areas? That is the question Julie and I are most frequently asked.
July Market Report Shows Sellers & Buyers Adjusting to a New Normal
- The buying frenzy the Naples housing market experienced during the past year has simmered and is being replaced with what brokers say will be our new normal: a low inventory market with fast turnover of quality homes priced right. According to the July 2021 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), inventory decreased 77.2 percent to 1,295 homes in July 2021 compared to 5,672 homes in July 2020, but demand continues to be steady as there were only 30 fewer closed sales and just a 2 percent drop in showings.
If you are looking to buy a home in Naples be prepared to move fast. Partner with us (Shawn and Julie Hyland) we understand the new normal of the Naples real estate market. We know how to navigate in our fast-moving market, closely monitoring the Southwest Florida MLS, and can quickly alert our buyers of new listings.
- Naples is in a seller’s market as there is more demand than there is supply. Now is the time for sellers to seize this unique opportunity. The July Market Report data shows that your house will likely sell quickly, you will receive close to your list price, and there is a 50 percent chance it will be a cash buyer who can close faster than someone who needs to finance the purchase.
If you are considering selling your home, look to us, we have the ability to provide an accurate market comparison, give you expert advice on how to capitalize on today’s market conditions, and sell your home or find your dream home quickly. We can ensure your next purchase or sale in the Naples area is a success.
Contact us today! Julie and I are here to help with all your Real Estate needs.
Author:Shawn and Julie Hyland Phone: 239-269-6113 Dated: August 31st 2021 Views: 644 About Shawn and Julie: Shawn & Julie know when it is time to make your move in Naples the first call you should make is to ...
Fay Bamond, PA, Broker Associate, provides buyers and sellers in-depth local knowledge, technological tools and exposure needed to effectively meet their individual objectives. A proud native Floridian with extensive experience in the real estate industry, Fay earned a Bachelor of Science degree in Communications from Florida State University. Her heightened interviewing and listening skills allow Fay to gain a full understanding of her client’s unique needs. Fay effectively translates those needs to successful marketing campaigns, targeted home searches and skilled contract negotiations. Because no two buyers or sellers are the same, Fay provides personal service tailored to everyone’s specific criteria. Fully aware of factors th at impact the Florida market and property values, trends and product availability, Fay successfully navigates market changes to yield the most favorable results for her clients. Knowledge, flexibility, responsive action all presented with a personal touch and attention to detail are the mainstay of Fay’s superior service.
Fay holds several special designations awarded either by the State of Florida Department of Professional Regulations or National Association of Realtors. These include the Senior Real Estate Specialist designation, the Short Sale and Foreclosure Resource Specialist designation, the ePro certification awarded for technological expertise and Fay is also a member of the Institute of Luxury Marketing, specializing in the sale and purchase of high-end luxury properties. As a Broker Associate, Fay has an advanced understanding of the principles of Florida Real Estate including property transfer, market conditions, compliance with Federal and State laws regarding disclosure, equal opportunity, property management, commercial transactions, appraising, mortgage financing and development and construction. Fay is a multiyear recipient of local industry awards for her superior knowledge and customer service in the real estate profession. Also, as licensed Florida Building Contractor Fay understands issues related to structure design and construction.
Regardless of your stage in life or personal real estate goals and needs , Fay can provide the solutions and results you require. Give Fay a call, you will be glad you did.