Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for December 2020

Beautiful home
Status: Active

577 Countryside Drive, Naples, FL

Price: $429000

3 Bedrooms

3 Bathrooms [ 3 Full ]

Beautiful home
Status: Active

3817 Marvaez Street, Fort Myers, FL

Price: $299905

3 Bedrooms

2 Bathrooms [ 2 Full ]

220068670

Beautiful home
Status: Just Listed

5781 Green Blvd, Naples, FL

Price: $259900

0 Bedrooms

220081097

Beautiful home
Status: Just Listed

15241 Kilbirnie Drive, Fort Myers, FL

Price: $444905

3 Bedrooms

2 Bathrooms [ 2 Full ]

220078763

Beautiful home
Status: Active

3015 Tamiami TRL E, NAPLES, FL

Price: $1650000

0 Bedrooms

220022734

SOURCE: Royal Palm Coast Realtor Association

Upward Trend in Naples Real Estate Market Continues

Naples, Fla. (December 18, 2020) – According to the November 2020 Market Report, released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), the Naples real estate market continues to see an upward trend in both showings and closed sales. In November 2020, there were 36,508 showings, which represents a 43 percent increase over the same period in 2019. Closed sales for the overall market increased 58.8 percent to 1,126 closed sales in November 2020, up from 709 closed sales in November 2019.

The sustained market demand is placing pressure on real estate pricing, with notable increases in median and average closed prices of homes when comparing month over month statistics. At $669,409 the year-to-date average closed sales price in November 2020 reflects a more accurate and modest growth with a 12.7 percent increase over November 2019 year-to-date average closed sales price of $594,065.

It is important to understand the difference between the “average” price of a home and the “median” price of a home. The “average” price is calculated by adding all the closed prices for homes sold in a specific area within a specified time frame and dividing that total by the number of properties sold. The “median” price is the price in the middle of a data set where exactly half the houses are priced for less and half are priced for more. It’s important to remember that the average price may be skewed due to outliers in the data (if a property sold for a price far higher or lower than typical).

Broker analysts agree there are multiple driving forces influencing buyers. In addition to buyers coming from out of state, local homeowners are taking advantage of low interest rates and upgrading to more spacious homes and condominiums within their existing communities. Homes priced over $2,000,000 saw the strongest increase in sales, with a 51.6 percent increase in November 2020 over the same time period in 2019.

“Mortgage rates have once again dropped to a record low, with a fixed-rate average of 2.67 percent. Even though housing prices are going up and buyers are upgrading to more expensive homes, mortgage payments are going down,” said Jeff Jones, Broker, Keller Williams Realty.

Collier County continues to be among the most desirable locations in the state. “Regardless of the availability of the COVID-19 vaccine, employees are being encouraged to work remotely. This allows them to upgrade their quality of life and they are clearly choosing to live, work and play in Naples,” said Molly Lane, Senior Vice President William Raveis Real Estate.

Mike Hughes, Vice President of Downing-Frye, Realty, Inc agreed. “Although the area’s traditional seasonal patterns have been disrupted, winter residents are continuing to arrive in the Naples area market. This is a strong indication of consumer confidence in Southwest Florida.”

“With the many uncertainties in the market, the Naples Area Board of Realtors remains a steady resource for our REALTORS®, providing access to the latest market data, industry education, legal forms, and professional guidelines,” said Corey McCloskey, VP of Operations at John R. Wood Properties, and 2021 NABOR® President and Media Relations Committee Chair.

“Naples’ high quality of life, favorable business policies, and strong local government have always been appealing to home buyers. But we are in unprecedented times with housing demand outpacing supply,” said Dominic Pallini, Broker at Vanderbilt Realty of Naples. “First time home buyers should evaluate their options as the market grows.”

SOURCE: NABOR

When do you plan to buy?
We can help!

Take the first step by getting a FREE report with all the answers to your questions. Enter your zip code below to get ALL the information in less than 60 Seconds!

What type of property do you plan to buy?

When do you plan to buy?

How would you rate your credit score?

Is this your first property purchase?

How will this property be used?

What is the estimated purchase price of your next home?

$120,000   to   $500,000

What is your estimated down payment?

5% Down

Zero Down

More Than 50% Down

What is your gross annual household income?

$25,000 to $45,000

More Than $250,000

$0 to $25,000

What is your employment status?

Are you working with a real estate agent?

What is your full name and email?

Please enter your full name.
Please enter your Email.
Please enter a valid email address.
or use your Facebook instead

What is your phone number?

The Brad Dohack Team
The Brad Dohack Team
  • Gulf Pointe Properties
  • Phone: 239-494-5156
Thank you

I'll be reaching out to you shortly. In the meantime, please feel free to call or text me with any questions.
Visit me online at http://www.GulfPointeProperties.com

Real Estate Resource Center

Real Estate Reports for Home Owners, Sellers & Buyers!

25 Factors That Impact Your Home Value

25 Factors that Impact Your Home Value! 😃 💰

Download Guide for Free
Report Cover

Property Watch: How to Find The Best Home Deals In Your Area

How to Find The Best Home Deals In Your Area Guide! 👩🏻‍💻 🏡

Download Guide for Free
Report Cover

12 Mistakes To Avoid When Selling Your Home

FREE Guide: 12 Mistakes to Avoid When Selling Your Home! 🏡 💵

Download Guide for Free
Report Cover

6 Things To Check Before Buying A Home

FREE Guide: 6 Things To Check Before Buying A Home! 🏡 💵

Download Guide for Free
Report Cover

Maps & Local

Schools

Reviews

Highly likely to recommend

Responsive, professional, and genuinely a wonderful agent for us. To say we highly recommend is an understatement! He was available at odd hours and weekends. Truly devoted to his profession.

Read more 08/17/2021 - zuser20160210121513578
Bought a home in 2021 for approximately $175K in Villas, Fort Myers, FL 33907.

Highly likely to recommend

Bob was awesome to have in our corner. He not only helped with a video walkthrough he was also there to see that everything went smoothly before and after closing. Will work with him again.

Read more 08/15/2021 - zuser20170107085629799
Bought a town home in 2021 in Entrada, Cape Coral, FL 33909.

Highly likely to recommend

Cristen was incredibly helpful and attentive helping my father buy a new home in a time crunch! She was thoughtful and caring and patient- and found him the perfect house. Thank you Cristen!

Read more 08/04/2021 - jeanna golpira
Bought a single family home in 2021 in Cape Coral, FL 33904.

Highly likely to recommend

We reached out to Cristen through a family member and she immediately returned our phone call. We came from out of state looking for a winter home plus a location near our grandchildren who were moving ...

Read more 07/20/2021 - stromersdj
Bought a town home in 2021 in Fort Myers Shores, Fort Myers, FL 33905.

Highly likely to recommend

Cristen was so wonderful to work with!!! She made buying a home in Florida easy! She was always available and responded very fast. We had lots of questions and if she didn’t know the answer she always ...

Read more 06/25/2021 - kamilak1
Bought a home in 2021 in Lochmoor Waterway Estates, North Fort Myers, FL 33903.

© Zillow, Inc., 2006-2018. Use is subject to Terms of Use
What's a Zestimate?

Zillow Real Estate Search

View More Listings

Click the property below to view the virtual tour of each listing.

Free Property Valuation

Schedule a Tour

Choose your date. It's free cancel anytime.