We can Help You Decide if Selling is Right or Not

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

A lot of our clients here in Collier County have been asking us, "Is now a good time to sell my home, or should I wait?" In order to flush out a better answer than 'yes' or 'no' for you, here are some important things that you will need to consider about our local market in Naples.

• Our market is not just seasonal: January, February, March and April are not the only times that people sell their homes in Florida. We have many more full-time residents here than in the past, and a lot of businesses are beginning to settle down here in Naples.
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• Summer is a great time to sell: During the summertime all of the ancillary workers here in Naples are less busy as the seasonal residents leave, and they have time to think about moving and buying a new home.
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• A lot of people - especially those with children in school - prefer to move during the summer when they do not have to coordinate school schedules and other priorities.
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• There is also a large amount of fly-in buyers that come to Naples during the winter, and then come summer they have finally decided to come back down to purchase a home that they had been eyeing. This helps them prepare their property for when they come back to spend time here during the winter months.
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• Inventory is low right now, so you have a good opportunity to sell your home quickly, and possibly with multiple offers that will significantly increase your sale price.
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• New construction in Naples is also on the rise, and this could cause some competition for you when you're selling your home. This also means that we will see more movement as people with older properties may desire to purchase newer ones.

Do you want to know if now is a good time for you to sell? There are many factors to consider, call The Saad Team, your local professionals, to sit down and discuss all of your individual needs.

Is It Time To Sell My Home?

Explaining the Feast and Famine Phenomenon in the Naples Real Estate Market

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

Explaining the Feast and Famine Phenomenon in the Naples Real Estate Market

A lot of our clients here in Naples have noticed that when they check the MLS in their neighborhood they seem to find either a large amount of listings, or nothing it all. What is the reason for this feast and famine cycle in real estate? Well, let us explain.

When a new condominium complex is built, usually all of the sales occur at the same time. This can occur with subdivisions too. They are usually constructed in 2-3 years and consumers buy up the properties and lots all at the same time. 

Once all of these properties are initially bought out, a turnover usually occurs after 3-7 years and people begin selling their properties. This obviously brings in a new batch of buyers and it creates a cycle where you have lots of buyers coming in around the same time every few years, and then you will see another wave of for-sale properties a few years down the road.

Another factor in this phenomenon can be the age of the building and the type of community that it harbors. Sometimes people move to a certain area for the lifestyle that it provides, but when their preferred lifestyle changes, then they will move elsewhere. 

This is why it seems like everything suddenly pops up on the market, and then the next thing you know, nothing is for sale. 

As always - if you're looking to buy, sell or invest in Naples real estate, then you know where to turn for satisfactory service. Call The Saad Team, your local professionals. We can sit down and discuss all of your individual needs. 

Naples Is A Beautiful City

Real Estate Market Update for Collier County in Q1 2014

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

Real Estate Market Update for Collier County in Q1 2014

Our clients in Naples and Collier County have been consistently asking us what is going on in the real estate market here in South Florida. We will be comparing statistics from the first quarter of 2013 to what has happened in the first quarter of 2014 in order to provide you with a clearer picture of our market.

In the first quarter of 2013 there were 2,237 home sales compared to 2,352 sales in Q1 of 2014.

        - This translates to a 5% increase in home sales year over year.

Naples and Collier County are currently situated in a normal market.
       - Inventory for Q1 2014 has decreased to 4,405 homes compared to 5,136 homes in 2013.

The average days on market are at 95 for the first quarter of 2014, compared to 161 in 2013.

If you take a look at the graphs down below, you will see a few different statistics:

       - Closed sales have increased slightly from the first quarter of 2013, but the number of pending sales has dropped just slightly.

      - Year over year, both pending sales and closed sales have increased.

      - Inventory has increased by roughly 14% from 2013.

      - The median home price for homes valued at less than $300K has increased from $215K to $248K, which amounts to a 13% increase in value.

       - The median price for homes that were worth more than $300K experienced a slight increase from $540K to $545K.

Another interesting thing we saw was that the median sales price in Q1 of 2013 was $230,000 dollars and the current median price in 2014 has jumped to $265,000 dollars.

      - One reason for this change is that we saw decreases in sales under $300,000 but we saw a large rise in the sales of high-end properties in the $1 million - $2 million dollar range.

Overall, the real estate marker here in Naples is much better off than it was just a few years ago. We are in a normal market with a good level of inventory (perhaps a little bit on the low side, but it's evening out), sales are increasing at a stable rate and we're also seeing a lot of new construction start to take place.

Here are some of the things you can expect from the Collier County real estate market this summer:

   1. You will be seeing a lot more new construction popping up.
   2. Home sale prices will increase modestly.

       - We will not see the rapid and unstable increase in home prices that we have experienced in years prior.

If you have any specific questions about your price point, your neighborhood, or your local market, call The Saad Team, your local professionals. We will sit down and discuss all of your individual needs.