Buyers eager for more home choices were treated to an increase in new listings during April. According to the April 2021 Market Report, released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), there were 1,460 new listings added to the pool of homes for sale in Naples during April. This was a 106.2 percent increase in new listings compared to new listings added during April 2020. However, and as broker analysts reviewing the report were quick to point out, evaluating market conditions using month-over-month market data will [...]

March Home Sales Volume for Naples Hits Record High Naples, Fla. (April 23, 2021) – reported by Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). The analysts are a small contingency of leaders who represent the area’s top real estate brokerage firms and meet monthly at NABOR® to interpret area housing market statistics. The group’s analysis of activity last month confirmed that March broke records; but celebrations to commemorate the month’s record high statistics should be postponed because these broker analysts also agree that our market is probably not [...]

Increased Demand continues in February. The February 2021 Market Report, released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), marks the last month of comparative activity before the pandemic shuttered the global economy in March 2020. That said, overall closed sales of existing homes in Naples for February increased 62 percent to 1,307 closed sales from 807 closed sales in February 2020. In case you missed it, see the Naples Real Estate Market Report for January 2021 Broker analysts reviewing the February 2021 Market Report were not [...]

Buyers continue their migration from the North, Midwest and California looking to escape the Covid in the big cities and high density locations along with the high taxes, crime and cold weather, which reported a 38.5 percent increase in overall pending sales (homes under contract) to 2,210 pending sales from 1,359 pending sales in January 2020, according to the January 2021 Market Report, released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). In case you missed it, see the Naples Real Estate Market Report for October 2020 [...]

Naples Real Estate Market Sees Another Record Month in Closings Naples, Florida (November 20, 2020) – According to the October 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 strong demand in both the single family and condominium markets. In case you missed it, see the Naples Real Estate Market Report for September 2020 With strong demand, sellers are receiving multiple competitive offers on their listings during what is a traditionally slower time of year. Offers [...]

Closed Sales Volume: For the second month in a row, Downing-Frye agents had a closed sales volume of $162 million! Restated, this means that in the last sixty days, we have $324,617,479.80 in closed sales volume. Our closed sales volume for the first nine months of 2020 is $1,176,852,514.81. This is slightly ahead of where we were last year at the end of September. Closed Sales Transactions: Our closed sales transaction went from 177 in September 2019 to 250 in September 2020. This represents a 41% increase in closings when we compare the two September months. Pending Sales Transactions: [...]

Summer Housing Market Momentum Expected to Continue into Fall Naples, Florida (September 18, 2020) - Closed sales activity in the Naples area real estate housing market maintained steady momentum through August with a 35.2 percent increase in overall closed sales to 1,098 closed sales from 812 in August 2019. According to the August 2020 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), homebuying activity in Naples during the last three months exceeded activity reported in the first three months of 2020, more typically known [...]

St. Raphael in Pelican Bay - "Choosing Corey to find the right real estate fit for us was the right decision. He listened to us from the beginning and did not waste time on "also rans". His knowledge of the Real Estate market, construction experience, and competence, were invaluable to us in allowing him to negotiate for the property he found for us in Naples. I will certainly use Corey's expertise and representation in any real estate transaction that I embark on in the future. I highly recommend him to others with any real estate transactions on their agenda." [...]

Naples, Florida (August 21, 2020) - The Naples housing real estate market experienced a continued surge in activity during July, which resulted in a 57.3 percent increase in pending sales (homes under contract) for the month. Closed sales during July increased 35.4 percent compared to July 2019 - greatly surpassing June's closed sales activity following the lifting of COVID-19 restrictions. However, a decreasing supply of inventory, which broker analysts believe is caused by heightened home buying interest this summer, is making it difficult to keep up with the strong buyer demand. "A considerable number of buyers already looked at [...]

DOWNING FRYE REALTY INC. Mike Hughes, Broker Against all odds, we have had an incredible summer for real estate sales to date. In looking at the cumulative pending real estate sales for June and July this year, compared to last year, here are some statistics to ponder. Our pending sales volume is UP 71% this summer over last summer, for the first two months of summer. In the first 61 days of the 2019 summer, we had $181 million in pending sales volume. For the same period this summer ( 2020 ), we have had $310 million in pending [...]