All About the Current Real Estate Market in Naples Florida

All About The Current Real Estate Market In Naples, Florida

An introduction to real estate in Naples, Florida.

We hope this gives you the 10,000-foot view of the real estate market in Naples, Florida and provides some guidance and information as you educate yourself ahead of a move to, or within, Naples, Florida. We've briefly addressed the main points and topics, yet there is so much more to each of these. Please feel welcome to reach out to one of our local real estate professionals to ensure you have all of the facts and have the best possible experience whether you are buying or selling a home in Naples, Florida.

Latest Real Estate News In Naples, Florida

Naples Florida's real estate market has seen significant changes in recent years, with property values and home sales on the rise. Over the last 4 years, we've seen home values rise in excess of 40-80% in most areas. Although the dramatic increases we saw in 2021-2022 seem to have slowed, the trend is still rising home prices and values, making purchasing a home in Naples, Florida still a solid investment! For those looking to buy or sell a home in this area, it is crucial to stay informed about the latest trends and news. In this blog post, we will explore the recent real estate news in Naples Florida for 2023 and provide useful tips for those looking to navigate the hot housing market.

Naples, Florida Real Estate Market Trends:

The Naples, Florida housing market has experienced significant growth in recent years. Factors such as the city's attractive location, vibrant economy, active lifestyle, and warm climate have contributed to an increase in property values and home sales. However, it's essential to keep in mind that housing market trends can shift quickly, making it important to stay informed about the latest developments.

Naples, Florida Real Estate Home Selling Process

Selling a home in Naples, Florida:

If you're looking to sell your home in Naples, Florida, it's essential to price the property correctly and work with a reputable local real estate agent. The Briten Coastal team agents are local real estate market experts. We study the market and look at the trends so we can maximize our seller's bottom line and provide the most accurate and up-to-date information we can to empower our clients to make the best real estate decisions whether they are buying or selling.

Overpricing your property can result in it being on the market for an extended period, and undervaluing your property can result in a significant loss of equity. The key is to identify the sweet spot that will net you the most amount of money in the least amount of time with the fewest hassles.

Naples, Florida Real Estate Home Buying Process:

Buying a home in Naples, Florida can be a great investment, but it's essential to do your research before making a purchase. Tips for buying a home in Naples, Florida include researching the neighborhood or community, working with a reputable real estate agent, and getting pre-approved for a mortgage if you plan to finance your purchase.

Mortgage Rates in Naples, Florida:

Mortgage rates in Naples, Florida are an important factor to consider when buying or selling a home. It's crucial to shop around and compare rates to find the best deal. A difference of just a few points can result in significant savings over the life of a mortgage. The Briten Coastal team works with outstanding professionals in the mortgage industry and we're happy to connect you!

Something else to think about if you plan to finance, are you a Hometown Hero? The Hometown Heroes program is an excellent financing program for qualifying buyers in many industries! Police, Fire, Emergency Services, Military, Healthcare, and Education are a few! 

Naples, Florida Investment Opportunities

The real estate market in Naples, Florida is not just for homebuyers; it also presents a fantastic opportunity for investors. The region's strong economy, growing population, desirable lifestyle, warm climate, and high demand for rental properties make it an ideal location for real estate investing.

One of the most popular investment opportunities in Naples, Florida is buying a vacation rental property. With our region's warm climate, beautiful beaches (there are SO many!), and numerous attractions, there is a constant demand for vacation rentals, fetching premium prices during peak season. Additionally, with high occupancy rates, owners can generate substantial rental income, making it a sound investment.

5 of our favorite communities in Naples, Florida (listed in no particular order!):

1. Fiddlers Creek:

There's far too much happening in Fiddler's to write about here, so be sure to check out the Fiddler's Creek website for all of the details, from activities and memberships to dining and nature. The community sits on approximately 4000 acres and when completed will be home to 6000 residences, both single-family homes and multi-family units. A large portion of the land is dedicated to lakes, parks, golf courses, recreational areas, and 750 acres of nature preserves. The Rookery Bay National Estuarine Research Reserve surrounds Fiddler's Creek on two sides ensuring no future development in those areas. Amenities include a 54k-square-foot Club & Spa, an Arthur Hills-designed 18-hole golf course, and available memberships for golf, beach, and boating (via the Tarpon Club on Marco Island).

To view available properties for sale in Fiddler's Creek visit our website britenteam.com or give us a call at
239-330-4103 we'd be delighted to show you around!

2. Lely:

Welcome to Lely! This gated golf community in south Naples golf offers something for everyone! It is one of our city’s largest communities, thus the amenities are plentiful, including 54 holes of amazingly beautiful golf. Two of the courses are open to the public. Among their features are Mediterranean clubhouses, award-winning golf instruction, and expansive practice facilities.

Lely comprises just over 10,000 residences – villas, condos, and single-family homes. It also offers two large lagoon-style pools with waterfalls, and its state-of-the-art fitness center features cardio and weight machines, personal and rehabilitation training, saunas, steam rooms, fitness classes, and, of course, a world-class spa! Har-tru tennis courts and a new tennis pro shop, a dog park, bocce ball, social clubs, and bike clubs help to round out the amenities.

To take a look at available properties in Lely visit our website!

3. Treviso Bay

Treviso Bay is a picturesque country club community located in South Naples. A gated, resort-style living community featuring the Hills and Sutton designed 18 hole TPC Treviso Bay golf course, tennis, pickleball, fitness center, spa, fine and casual dining opportunities, bocce ball, Pilates, pools, and lagoons along with both award-winning golf and tennis pro shops.

Treviso Bay contains approximately 1200 single-family residences including condos, villas, carriage homes, and single-family homes. Select properties also include bundled golf.

Treviso Bay is popular with vacationers, snowbirds, seasonal, and full-time residents. With its close proximity to the stunning beaches of both Naples and Marco Island along with the proximity to all of the amenities both of these cities have to offer Treviso Bay is a sought-after location.

If you're curious to see what properties are available in Treviso Bay you can find them here! Looking for more information? Give us a call!

4. Valencia Golf and Country Club

Valencia Golf and Country Club is one of Naples’ hidden gems tucked away in a quiet area of Collier County’s fastest-growing corridor. It’s a gated community of 400 homes, built by DR Horton from 2005-2011, situated along a public golf course giving each home a stunning lake or golf view. The community is within walking distance of all (A-rated) public schools, grocery, dining, and coffee shops with more businesses moving to the area every day.

Association fees are reasonable at $331 per month and include all landscaping, lawn care, irrigation, gated entrance, and clubhouse amenities. The clubhouse amenities include a resort-style pool, fitness center, billiards room, cards room, and theater. National homebuilder Lennar has recently broken ground on the newest phase of the community where they will be adding over 100 new homesites, both lake and golf course views. The community is beloved by residents of all ages for its friendly atmosphere, large lot sizes, manicured grounds, and Mediterranean design inspiration.

FUN FACT: Valencia Golf and Country Club recently went viral with a visit from this big guy! This huge alligator doesn't bother anyone as he strolls across the golf course!

5. Esplanade Golf & Country Club of Naples, Florida

If a resort-like lifestyle is what you're looking for Esplanade may check all of your boxes! The private, gated, golf community in Naples, Florida offers something for everyone! Esplanade is situated on approximately 1,800 acres, 1,000 acres are dedicated to nature preserves, walking trails, wetlands, and 170 acres of picturesque lakes. With the stunning backdrop of the natural surroundings, the 18-hole championship golf course is a golfer's dream! In fact, in 2014 Golf Digest named Esplanade one of its Best New Courses

With an active social schedule and opportunities for golf, tennis, pickleball, bocce ball, a state-of-the-art fitness center, and more residents rarely need to leave the community to stay busy and active. If a more relaxed pace is what you're looking for Esplanade has that covered too with a luxurious spa, tranquil community pool, and world-class dining.

If you are interested in taking a look at properties available within Esplanade Golf and Country Club you can look on our website or reach out to one of our local real estate experts to give you the tour!

Naples, Florida Home Values & Appraisals

When it comes to buying or selling a home in Naples, Florida, it's important to have a solid understanding of the current market and the value of your property. Knowing your home's value can help you make informed decisions and ensure that you get a fair price. Here we will cover the basics of home values and appraisals in Naples, Florida, and provide you with some of the knowledge you need to make an informed decision. As always our team of local real estate professionals is delighted to speak with you!

What are Home Values & Appraisals?

Home values refer to the estimated worth of a property based on various factors such as location, size, and condition. On the other hand, a home appraisal is a professional assessment of a property's value conducted by an appraiser. The appraiser will examine the property and take into consideration a range of factors to determine its fair market value.

Conclusion:

In conclusion, this article only touches the surface of all that goes into buying or selling a home in Naples, Florida. Every real estate transaction is different and unique just like the clients that we're serving. Partnering with a local real estate professional will be worth its weight in gold and will help to maximize the results and minimize the inconveniences. With all of the different communities with equally different locations, costs, and amenities, it's important to have someone guiding you who knows the in's and out's of the area and is able to represent you and your family's needs, wants, hopes, and dreams. We would be simply delighted to have the opportunity to speak with you to see if we can make your Naples, Florida home a reality with you!

Here's a little bit about me:


My name is Karen Sewell and I am the Operations Director for the Briten Team. I enjoy sharing what I love about Southwest Florida with others and would also love to hear what you love about the area! There are so many unique, fun, and breathtaking areas to visit and explore throughout our amazing area! 

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