Market Updates

June 9, 2024

Market Watch June 2024

Nardi Realty becomes Weichert Realtors® - Paradise Homes

By Robert Nardi
I am pleased to report that Nardi Realty has franchised with Weichert Realtors® and has become Weichert Realtors® - Paradise Homes.  We are still the same real estate company with the same core values and high level of service; all ...

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Posted in Market Updates
May 13, 2024

Market Watch May 2024

Heading to a Balanced Market

By Robert Nardi
March witnessed a significant shift in the Naples area housing market, with positive trends continuing to attract buyers and sellers. The March 2024 Market Report by the Naples Area Board of REALTORS® (NABOR®), which meticulously tracks home listings and sales within Collier ...

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Posted in Market Updates
April 22, 2024

Market Watch April 2024

Inventory Continues to Increase

By Robert Nardi

The overall median closed price in Naples increased 5 percent to $625,000 in February from $595,188 in February 2023, but there were also 2,264 price decreases reported. Brokers contend that price decreases may indicate sellers shifting from aspirational to realistic ...

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Posted in Market Updates
March 11, 2024

Market Watch March 2024

Inventory Growing Fast!

By Robert Nardi

Data in the January 2024 Market Report showed invigorated confidence in the Naples area housing market for sellers and buyers. Overall inventory continued to climb for six consecutive months, resulting in a 58.8 percent increase in homes for sale in January, or 4 ...

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Posted in Market Updates
Feb. 13, 2024

Market Watch February 2024

Property Inventory Increases

By Robert Nardi

According to the December 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), overall inventory increased 45.9 percent to 3,949 properties from 2,706 properties in December 2022 ...

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Posted in Market Updates
Jan. 14, 2024

Market Watch January 2024

Inventory is Going Up!

By Robert Nardi

Overall inventory of homes in Naples for November increased 38.8 percent to 3,795 properties from 2,734 properties in November 2022. Buyers have not enjoyed a level of choice since September 2020. The month also included 1,080 price decreases resulting ...

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Posted in Market Updates
Dec. 14, 2023

Market Watch December 2023

October 2023 Inventory is Up!

By Robert Nardi

Real estate brokers reviewing the October 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), were encouraged to see a 31.8 percent increase in new listings to ...

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Posted in Market Updates
Nov. 12, 2023

Market Watch November 2023

Inventory is Rising!

By Robert Nardi

New listings in Naples during September increased 27.3 percent to 937 new listings from 736 new listings in September 2022, making pre-season buyers very happy. According to the September 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home ...

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Posted in Market Updates
Oct. 9, 2023

Market Watch October 2023

August 2023 Prices Holding Steady!

By Robert Nardi

Inventory is selling quickly, and prices are stable in the Naples housing market. According to the August 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), closed sales ...

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Posted in Market Updates
Sept. 15, 2023

Market Watch September 2023

SW Florida - Slow & Steady Market

By Robert Nardi

While much of America grapples with unfamiliarly high interest rates that have stalemated the resale home market, broker analysts reviewing the July 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier ...

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Posted in Market Updates