Luxury Real Estate Blog

According to the November 2022 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), there were 552 overall closed sales in November, which is a 41.4 percent decrease from 942 closed sales recorded in November 2021. The post-pandemic home buying surge that took place when mortgage rates were historically low has ended. Housing inventory in Naples is on the rise but remains low at just 2.8 months of inventory reported in November (a balanced market has a six-month supply of inventory). As expected, the limited inventory environment in Naples is restricting sales and increasing prices. Though broker analysts reviewing the report pointed out that cash sales accounted for 62.3 percent of closed sales in November; it is an indication that the Naples housing market remains a solid investment.

Just 11 weeks after Hurricane Ian, our 5th Ave S office is now open. Having stayed open immediatly following the storm to assist with displaced residents, our repairs have just been completed and the 5th Avenue S office is now open. Find us right next to Cameron Mitchell's Ocean Prime and the iconic Inn on Fifth at 691 5th Ave S, Naples, FL 34102.

Housing Market Favorable for Preseason Buyers. Speculation that home sales in October would drop dramatically in Collier County following Hurricane Ian was proven inaccurate as closed and pending sales for the month increased 23.7 and 8.7 percent, respectively, compared to closed and pending sales reported in September, according to the October 2022 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). And even though 525 listings were either terminated, expired or withdrawn from the Southwest Florida MLS during October, overall inventory for the month increased 72.7 percent to 2,325 properties from 1,346 properties in October 2021.

Look out for a new hotel in Downtown Naples! On the corner of Goodlette Frank Road and 5th Avenue S, in the heart of Naples, the new AC Hotel by Marriott will feature 150 guest suites, a rooftop pool and a rooftop restaurant & bar boasting indoor and outdoor seating. It is currently slated for a fall 2023 completion. Check out the renderings below!

September’s data showed a predictable pattern of slow closed and pending sales with a slight increase in inventory. Naples, Fla. (October 21, 2022) – The impact of Hurricane Ian, as witnessed on the last two days of September, is not reflected in the September 2022 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). Given this, September’s data showed a predictable pattern of slow closed and pending sales with a slight increase in inventory, which is traditionally the case in historically stable Septembers. (The September 2022 infographic and chart are located at the end of this email.) While the report captured activity prior to Hurricane Ian’s arrival, broker analysts who reviewed the report on October 18th are confident Naples’ recovery will be swift and the resiliency of its home values will be protected.

FOR IMMEDIATE RELEASE Media Contact:                                                                                     Vicki Tracy Chief Operating Officer, Gulf Coast International Properties® 239) 572-3799 Email: Vicki@gcipnaples.com Website: www.gcipnaples.com REDLINE AUTO SUITES, LLC CELEBRATES CEREMONIAL RIBBON CUTTING AND DEDICATION

All - Amazing post on next generation lead generation using AI. Company that posted it is Likely.AI based in Austin. This is the present and future in my opinion of getting leads and sales before sellers even know for sure they are going to sell. Fascinating.  http://likely.ai/2019/01/2019-a-new-year-with-new-results/#

Who does everyone use for online lead generation? Outside of website SEO and Zillow, are there best in practice firms you recommend? Has anyone tried Opcity or other real estate technology platforms?  Any insight would be appreciated.  Brad 

The Regent 19 South was just listed in Park Shore by Brad Johnson and Shaun Dalton for $9.85m. Truly sensational panoramic views from the sky over the sugar sand beaches of the Gulf of Mexico to the waterways of Naples to the East. Boasting the finest level of finishes covering more than 8,300 square feet, the estate is completed private with two elevators, double gates with multiple guards and 24 hour security staff. 5 bedrooms, 8 bathrooms with a separate master and guest wings, this retreat will enthrall the most discerning of buyers. Boating is avaiable across the street when you tire of the pool, beach, exercise, walking and biking paths that are available anytime. The Regent is the finest lxuury condo complex in Naples Florida and this estate is it's gem. 

Priced at $5,200,000 this home offers something that can’t be replaced - almost 140 ft. of waterfrontage featuring captivating views down Runaway Bay and onto the open waters of Galleon Cove. Its location on a cul-de-sac at the end of Spyglass Lane offers a quiet, private setting to enjoy the prestige of living in Port Royal. On the edge of this property is a private dock that offers direct access to the Gulf of Mexico. An older 3 bedroom pool home on the property could be remodeled or torn down to make way for the new home of your dreams. Immediate Port Royal Club membership eligibility. For additional information on this home or the Luxury Real Estate Market in Naples, Florida, please call Tim Savage at 239.821.7576 or tim@gicpnaples.com.