🚨 October 2021 📢 Just Released Market Report for Naples Area with information for all of Southwest Florida ☘ Hoey Team 🍀 239RealEstateDeals.Com LLC ☘ SW Fla 🌴

Dated: October 22 2021

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Hello,

Barry & Kim with the Hoey Team ðŸ€ 239RealEstateDeals.Com LLC â˜˜ hope that you and yours are doing good.

10/22/2021 - Hot off the press please find info from the just released September 2021 Market Report combined with data from our Collier County based; Southwest Florida Board of Realtors; NABOR with this as part of the report: “I’m seeing more and more development companies from around the country putting their money on Naples” the Hoey Team â˜˜ are seeing this trend too; not just in Naples, but in all of our Southwest Florida marketplace’s.

In addition, please also check out the stats in the different Naples / Collier County Property Types & Price Ranges.

(Let us know if you want more information on any aspect of the Real Estate market; we can provide Detailed Reports & Data for any part; Locally and Nationally in conjunction with our extended team; just let us know.)

Utilizing our Hoey Team ðŸ€ 239RealEstateDeals.Com LLC â˜˜ Cutting Edge Technologies; including the best available Virtual Tools, etc. we are continuing to Efficiently Help Sellers & Buyers; previewing, showing, negotiate deals & Selling Homes; helping people to move / relocate across the US on a daily basis; even with low inventory.  Southwest Florida seems to keep increasing in desirability for buyers from all across the United States, both end users & investors.

Click Here and Below for a Link to Live Market Statistics for all of Southwest Florida. 

 

Interesting Statistics for September 2021 versus September 2020:

·        Overall inventory down 76%. 

·        Overall Pending Sales down 28%

·        Median closed sale price up 19%.

·        New Listings down 28%

·        Overall Closed Sales down 19%

·        Single family home sales down 26%

·        Condo home sales down 10%

·        Days on market down 73%

Sellers, Buyers and REALTORS need be fully informed to help you make the best possible Real Estate decisions.

 

September Market Report: New Listings Absorbed by Buyer Demand

 

Naples, FL (October 22, 2021) – Home sales in September would have been stronger if there was more inventory, say broker analysts reviewing the September 2021 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island).  Historically, September is the slowest month for home sales in Naples, but the area’s reputable natural beauty and home-value potential continue to increase its desirability to home buyers. Closed sales in September decreased 18.9 percent to 914 closed sales from 1,127 closed sales in September 2020, a result of low inventory.

Naples Area Market Report - October 2021 infographic September 2021 versus September 2020 Barry Hoey - Hoey Team 239RealEstateDeals.Com LLC

A decrease of 213 homes sales might seem like home buying interest is waning but consider the inventory factor.  In September 2020, there were 5,287 properties available.  While in September 2021, the month ended with just 1,251 properties for sale (a 76.3 percent decrease).  Comparing showing activity also sheds light on the situation.  There were roughly 23 showings per home during September compared to under seven showings per home in September 2020.  Basically, more buyers are looking at fewer properties this year.

 

“Unfortunately, the numbers can’t tell us the full story,” remarked Vellano, a Naples Sales Manager.  “We know demand is strong, but at the current inventory level, it’s hard to sustain the level of sales we have done in previous years.”

 

But Huskey, says there are signs to be optimistic. “I’m seeing more and more development companies from around the country putting their money on Naples.  They know Naples still represents a great value compared to other desirable locations around the country and investing at today’s prices shows they think Naples will only become even more desirable in the future.  They are confident the level of demand and overall values have room to run.”

 

The NABOR® September 2021 Market Report provide comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary.  NABOR® sales statistics are presented in chart format, including these overall (single-family and condominium) findings:

Naples Area Market Report - October 2021 infographic Breakdown September 2021 versus September 2020 Barry Hoey - Hoey Team 239RealEstateDeals.Com LLC

Since January, there has been a 48 percent increase in closed sales over the same nine months in 2020.  Inventory of homes is suffering from the same supply chain issues as other commodities made in America, all due to the pandemic.  But opportunities to invest in Naples real estate are still out there. According to Pallini, “Developers are selling lots again.  But most newly constructed homes don’t get added to the MLS until they sell so we don’t see them reflected in the report’s inventory numbers.”

 

Not surprisingly, the median closed price in September increased 18.9 percent to $455,000 from $382,744 in September 2020.  “About 23 percent of the homes for sale had price decreases,” said Jones. “But only 12 percent reported price increases.  As competition for inventory gets even more fierce and days on market continue to drop, we’ll likely see an increase in the number of homes that don’t even appear on the MLS until they are sold.”

 

The Market Report showed new listings in September decreased 28.4 percent to 961 from 1,342 new listings in September 2020.  However, while new listings of condominiums decreased 2.7 percent during the first nine months of 2021, new listings of single-family homes increased 3.5 percent during the first nine months of 2021!

 

Having an experienced REALTOR® (Such as Kimberly Zuponcic PA or Barry Hoey, Broker owner of 239RealEstateDeals.Com LLC) during today’s low inventory environment is an essential partnership for buyers because experienced REALTORS® are poised to hear about a home before it goes up for sale, they know exactly when new homes hit the MLS in real time, and they can share this valuable information to home buyers. Further, REALTORS® work closely with many other agents, have alerts set up when new homes are listed, and know how to maneuver the process so a buyer can act fast when a new listing meets a client’s purchasing criteria.

 

The September Market Report continues to show that sellers remain at an advantage with lower but constant inventory, increased prices and continued multiple offer situations; especially where they have the best possible marketing in place; as the Hoey Team â˜˜ continually experience; but; deals are available, and the Hoey Team â˜˜ have secured a number of deals recently in both Lee County and in Collier County for Buyers; we help & serve both Sellers and Buyers in all of Southwest Florida; including the Islands. Reach out today, call 239-360-5527 for information.

If you are looking to buy or sell a home in Southwest Florida, contact Barry & Kim with the Hoey Team ðŸ€ 239RealEstateDeals.Com LLC â˜˜ who serve all of Southwest Florida including Fort Myers, North Fort Myers, Cape Coral, Matlacha; Sanibel, Captiva and all the Islands; Miromar Lakes; Estero; Bonita Springs; Marco Island; Goodland; Everglades City; Ave Maria; basically all of Collier and Lee Counties; based in Naples who have respected qualifications, track record, experience; skills; additional education; best available technology; knowledge and the most desirable credentials to help you including to correctly provide an accurate market comparison and efficiently negotiate a sale with impressive results.  Please ask for or click here to check out our sales stats and testimonials to help verify this.  

 

For homeowners / sellers considering to sell a home in Naples or any part of Southwest Florida; should you want to upsize, or downsize, contact Barry and Kimberly with the Hoey Team ðŸ€ 239RealEstateDeals.Com LLC â˜˜ who have the reputation, experience; work ethic, local market knowledge; and the best possible tools & systems to provide an accurate market comparison in todays market so you can determine the right asking price to achieve the best possible bottom line.  Our vast array of marketing methods / tools and negotiation skills are second to none.   

 

REALTORS Barry & Kim can also ensure your next purchase in the Naples / Southwest Florida market area is a success in an efficient, stress-free way.  We facilitate deals for Sellers and Buyers; guiding the transaction all the way through close.

 

P.S. ~ If You'd like for us to create a regular Video Tour for ANY of the Properties on our website, just CLICK "Video Request Button"; from property details.  We will get a custom video tour to you.

 

For all of Collier County; Lee County; Covering all of Southwest Florida and beyond with our Team; find out more at: www.239RealEstateDeals.Com  or contact Barry or Kim via email at Barry@SWFLLuxury.Com  or KimZuponcic@Gmail.com  or, Call/Text the Hoey Team ðŸ€ 239RealEstateDeals.Com LLC â˜˜   (239)-360-5527

Click Here to View Live Stats for the Overall Naples Market Area

Click Here to View Live Stats for All of the Southwest Florida Market Areas

Click Here to Instantly Find Your Estimated Home Value

Barry & Kim with the Hoey Team  â˜˜ exp Realty

 

Barry Hoey, REALTOR®, CIPS, CLHMS, CRS, GRI, SRES

Full time Real Estate Broker Owner

 

Kimberly Zuponcic PA, REALTOR®, CRS

Full time Real Estate Sales Associate

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"Your Real Estate Concierge"

 

Barry@SWFLLuxury.Com

Call/Text Hoey Team:  (239)-360-5527

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Barry & Kim, Hoey Team 🍀 239RealEstateDeals.Com LLC ☘

"Your Real Estate Concierge" If you are looking for a REALTOR® or one-stop Real Estate Team who will fully communicate; promptly, professionally, and in detail with you, to efficiently help you wit....

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