Strong demand is creating increases in close prices of homes here in Naples. There are multiple factors driving this: Buyers coming from out of state, Buyers locally taking advantage of low interest rates and upgrading their homes.
Closed sales for the overall market increased 58.8% as compared to November 2019. There were 36,508 showings for homes in November, which demonstrates a 43% increase from the previous year.
Naples, which lies in 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” says a local real estate professional.
Naples has a high quality of life, favorable business policies and strong local government which is very appealing to many Buyers.
Contact HOUSEofNaples.com at 239-784-7844 to discuss the Naples real estate market or to receive an in depth analysis of your home. We look forward to working with you!