February Real Estate Recap

Naples February Real Estate Recap

The latest Naples February real estate recap for the area showed 804 properties sold for just over $968 Million! The largest sale was $24,500,000 for a single family home in Olde Naples on Gulfshore Blvd. North and it is expected to be torn down within the next year. Additionally, the luxury market remained strong as evident by the 169 properties sold at or above $1 Million.

In all 430 single family homes and 374 for a total of 804 properties sold during the month. Also notable was the percentage of list price which was just over 100%.

Demand for Naples homes remains strong. With limited inventory and the sustained buyer demand, the overall median price rose 37.5% over February of last year. And based on the number of showings during the month (43,032) it is clear demand shows no signs of slowing.

Naples Real Estate Trends

February 2022 versus February 2021 Highlights

Closed sales decreased 40 percent compared to February of last year.
Overall pending sales decreased 36 percent versus the same time period.
Inventory dropped 47 percent down from 2,224 homes to 1,176 homes for sale.
Average days on market fell 69 percent down to 23 days.

Similar to January, single family homes saw a significant median price increase up 37.5 percent and once again condos saw an even bigger increase up 47.1 percent which is great news for sellers. Now for some good news for buyers, on February 27th had just 915 properties for sale for all of Collier County. As of today, we are up to 1,121 Naples homes for sale. That is a 22.5 percent increase in one month.

The Naples area added 1,261 properties to the market. While not enough to keep up with demand, some communities started to build inventory. For example, the following golf communities have seen a significant increase in the last 30 days:

Esplanade – 11 active listings
Fiddler’s Creek – 30 active listings
Lely Resort – 11 active listings
Mediterra – 7 active listings
Talis Park – 11 active listings

In addition to the higher inventory levels, the days on market started to build and we’ve seen price reductions as well as homes sold below list price. Both of which which are leading indicators that some communities have reached their maximum price level.

If you are considering selling, there is still time to cash in and maximize your profits. Contact us today for a complementary market analysis – call, text or email us today or Learn your home’s value…

If you are considering buying, have you signed up for our property alerts yet? Our team has a process in place to help notify clients within seconds of a new listing going live. For those looking to move forward with a home purchase in the short term, we will arrange for a virtual tour and provide an assessment of the property.

For those who just want to stay informed about specific neighborhoods, you can view properties at your leisure through our property portal.

Naples Luxury Home Sales in Luxury Golf Communities For February

$11,000,000 – 6897 Grenadier Blvd. Unit 1201 in Pelican Bay with 5,280 sq. ft. (92% of list price)
$7,500,000 – 8665 Bay Colony Dr. Unit 1901 in Pelican Bay with 3,410 sq. ft. (114% of list price)
$7,000,000 – 14928 Celle Way in Mediterra with 10,746 sq. ft. (95% of list price)
$6,650,000 – 1696 Vineland Way in Landings at Bears Paw with 5,332 sq. ft. (102% of list price)
$5,250,000 – 2055 Isla Vista Ln. in Grey Oaks with 3,976 sq. ft. (98% of list price)
$4,850,000 – 709 Jamestown Ln in Pelican Bay with 4,201 sq. ft. (102% of list price)
$4,450,000 – 6597 Nicholas Blvd. Unit 904 in Pelican Bay with 3,650 sq. ft. (100% of list price)
$4,200,000 – 1307 Little Blue Heron Ct. in Pelican Marsh with 4,010 sq. ft. (100% of list price)
$3,925,000 – 9881 Montiano Dr. in Treviso Bay with 4,644 sq. ft. (100% of list price)
$3,600,000 – 1548 Marsh Wren Ln. in Grey Oaks with 4,247 sq. ft. (100% of list price)

View large single family homes for sale in Naples golf communities…

View large single family Naples luxury homes for sale…

Considering Selling Your Naples Golf Home? Why Work with the Naples Golf Guy Team

It is a seller’s market so why should you work with a realtor? Do you have the time? There are over 180 actions required to successfully complete a real estate transaction. From scheduling showings, contract negotiations, organizing inspectors, attorneys, title companies and a mountain of paperwork.

With nearly 20 years of experience helping sellers with their golf community real estate needs, we would like to share our strategy for how we’re helping maximize the number of offers homeowners are receiving and ultimately higher sales prices.

Our team is committed to extraordinary customer service with an emphasis on detail and frequent communication.

We collaborate with our sellers to design and implement a customized marketing campaign to present your property to the world. We are dedicated to making the sales process easier for you and your family.

We would very much like to meet you and learn about your home and help provide a stress-free selling environment for you and your family. As you may well know, opportunities such as today’s market for sellers only comes every so often.

Call, text, or email us today for a complimentary market analysis – 239-370-0892.

Should I Use a Realtor or Sell on My Own?

Naples February Real Estate Recap Market Reports

February 2022 Statistics Naples Florida

Luxury Golf Community Trends

Golf Community Homes Just Listed

Results You Can Count On

The Naples Golf Guy Team is committed to extraordinary customer service with an emphasis on detail. Professionalism, integrity and discretion are not goals, they are standards. We collaborate with our sellers to design and implement a customized marketing campaign to present your property to the world. If you are a buyer, we are committed to helping you find the community which will allow you to live the ultimate Florida lifestyle in Paradise.