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End of Summer 2022 Market Update | Naples, Florida

Good News for buyers! July 2022 inventory rose 87.6 percent to 2,429 properties from 1,295 properties in July 2021. If you have been waiting to take advantage of “off season” pricing, now may be a great time to shop, as there are far fewer buyers competing for the available properties now, compared to “season.”
“Market experts reviewing the July report say buyers should not expect home values to drop dramatically.” While year over year price growth is trimming, demand is still high, and inventory is still not at the pre-pandemic 2019 levels of over 5000 properties.
Good advice advice to buyers is, “Don’t wait for prices to go down.” They are likely to level off and continue to rise at sustainable levels. “Jump into the home ownership arena now. Interest rates are still lower than what they may be in the future” and migration to Naples is growing, as buyers seek lower taxes and warmer weather.
Naples is a top emerging real estate market in America, and has proven to be a sound investment over many years
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VIEW LATEST NAPLES MARKET REPORT
Put my 30 years of experience, deep knowledge of the Naples region, exceptional marketing and negotiating skills and Premier Sotheby’s global network to work for you. Ask about a 1031 exchange anywhere in the USA – you can live your life anywhere!
Under Contract | Janine Monfort |Buyer Side
Kalea Bay Tower 300 #2206 $4,750,000
FIND OUT WHAT YOUR HOME IS WORTH
If you haven’t had a property valuation lately, you may be pleasantly surprised at what your home is worth in today’s market. Naples real estate appreciated 16% in July 2022 over July 2021, to $550,000 median price. Median price was $199,500 in July 2012, a whopping 275% appreciation over the past 10 years.
CALL JANINE FOR YOUR PROPERTY VALUATION 239.641.0990
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I Bring Deep Local Knowledge & Global Reach When Marketing Your Home
Sotheby’s International Realty Is The Global Leader In Luxury Real Estate
FEATURED PROPERTIES
AQUALANE SHORES
970 Aqua CircleNaples
$25,000,000
6
BEDROOMS
 9
BATHS
One-of-a-kind, iconic timeless estate. Rare opportunity to own one of the most desirable oversized lots in Naples with 158 ft on Naples Bay. Situated in Aqualane Shores at the end of a quiet street with expansive, private, gated and fenced grounds. MHK Architecture, bespoke finishes with attention to detail around every corner. Crafted using only the highest quality materials ‹” custom cabinetry, marble flooring, stone baths, rare agate light-up bar imported from Israel and handcrafted artisan entry doors. This smart home includes over 6 beds, 9 baths, separate guest quarters with bath and 6-car air-conditioned motor court. First-floor primary suite, gourmet chef’s kitchen with Wolf and Sub-Zero appliances, temperature-controlled wine wall, mirror TV behind bar and private media room. Step outside to your own tropical resort designed to feel like you are in paradise, featuring an infinity-edge pool/spa, LED water fountains, fire bowls, swim-up granite bar, floating sun shelves, outdoor custom-crafted kitchen with pizza oven, refrigerated drawers, ice maker and cabana. A boater’s dream with a 75-ft private dock and 2 boat lifts to enjoy the beautiful blue Gulf and white sandy beaches. Close to 5th Ave and walking distance to 3rd makes this location superior to Port Royal.
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Contact Janine to find your next home. Janine possesses a deep knowledge of the market, is both experienced and innovative, and looks forward to becoming your trusted local & global advisor.
Janine Monfort
Global Real Estate Advisor
239.641.0990
Premier Sotheby’s International Realty
325 Vanderbilt Beach Road, Naples, Florida 34108