Where Is the Naples Market Heading?

Naples is a beautiful city with gorgeous homes for sale. If you want to sell, we can provide a Home Price Evaluation, or if you are thinking about buying a home, click here to view all our listings. If you have any questions or are interested in meeting for a home buying or selling consultation, please call us at 239-595-8500.

Sorry for the long absence, the last few months have been incredibly busy here in Naples. Our market has finally returned to normal, so we now have some time to give you an update on current conditions.

The great news is our spring season this year ended right on target. We had the same number of sales in the first months of this year as we did during the same time period in 2005. It's not quite a seller's market yet, but we are seeing multiple offers in a few neighborhoods across the area. On average, homes are sitting on the market for 90-97 days. If you list with the Saad Team, you can expect your home to sell within 92 days. 

Now let's take a look at some of the numbers in our market:
Current Market Conditions, as of May 2015, compared to May of 2014:

• New listings have dropped by 55%, and there are only 751 current listings
• Home sales have increased by 9%, and there have been 485 home sales just this May
• The median home price shot up by 17% to $420,000
• The average days on market has dropped to 84 days, a 7% decrease from last year
• Year-to-date new listings have dropped by 59%, as we only have 4,628 listings right now compared to last year's 11,195
• The amount of homes sold year-to-date has stayed steady, with a 1% increase from last year (2,215 homes sold in 2015)

The decline in inventory is pushing the median price up to the highest number we've seen since 2008!

If you would like a more detailed market analysis, or if you have real estate questions of any kind, give the Saad Team a call. We are always here to help you make sense of the Naples market!

Do You Need a Home Watch Service?

Naples is a beautiful city with gorgeous homes for sale. If you want to sell, we can provide a Home Price Evaluation, or if you are thinking about buying a home, click here to view all our listings. If you have any questions or are interested in meeting for a home buying or selling consultation, please call us at 239-595-8500.

 

Today we have the privilege to introducing you to Greg Lordi who founded his own Home Watch business here in Naples. 

In a resort market such as the one here in Naples, it's important to have a home watch professional come in and keep track of a property. In Greg's business it's not a matter of if anything will happen, it's a matter of when something will happen. A lot of times people will be gone for months at a time and they may rely on neighbors for favors, but what if they fail to check up and there's a water leak? Most of these disasters are not cases of if it will happen, but when it will happen. 

There are so many different things that can go wrong, but with a personal home watch company the chances of these devastating accidents is dramatically reduced. Greg's trained professionals go through background checks, and they are also trained, bonded, insured, and educated. On top of all this, personal home watchers also have the resources at hand to deal with these disasters when they do occur. 

Instead of relying on a friend to watch your home, we recommend hiring trained professionals who take the job very seriously, and don't just view it as a chore or a hobby. We had a friend recently who was having someone watch a home, and even though the person did go inside to check on things, they missed a leak, which cost the home owner quite a bit of money. 

If you're looking for a professional home watcher you will want to make sure that the candidate has been trained and has the resources behind them to handle a situation if something arises. We really cannot stress the fact enough that you need a professional to watch your home. You need to trust this person when you hand over your keys because your home is an asset that must be protected.

To get into contact with Greg you can call (239) 989-1464 or go to www.personalhw.com.

As always, if you have any questions about the Naples real estate market, please don't hesitate to contact us at the Saad Team. We're always willing to help you!

Season's Greetings from the Saad Team!

Naples is a beautiful city with gorgeous homes for sale. If you want to sell, we can provide a Home Price Evaluation, or if you are thinking about buying a home, click here to view all our listings. If you have any questions or are interested in meeting for a home buying or selling consultation, please call us at 239-595-8500.

From the entire Saad Team we want to send you warm and sunshine filled wishes from Naples Florida! We hope you enjoy spending time with your family and friends as the year comes to an end!

Thank you for choosing us to represent your family and friends in 2014 with all of your real estate needs near and far. It is our pleasure to have the opportunity to serve and help you.

If you or anyone you know is planning to sell, buy or invest in the new year, The Saad Team will be here to help you in Naples, or refer you to a great agent across the globe.

Happy Holidays and Happy New Year!

As always, The Saad Team is here to help you with all of your real estate needs. If you're looking to buy, sell or invest in Naples real estate, give us a call at (239) 595-8900! See you in 2015!