November 2020 – Naples, Florida Market Update

November 2020 – Naples, Florida Market Update

Naples Real Estate Market Sees Another Record Month in Closings

The Naples real estate market continues to see strong demand in both the single-family and condominium markets. Buyers are getting a jump on the winter seasonal market as shown by the reduced inventory, increase in multiple bids and the jump in closed sales. Closed sales activity for the overall market increased 65.2 percent over October 2019.
 
 
If you are thinking of selling, it’s a great time to list your home or condo. Inventory is down and median closed price is up. As people evaluate their lives, many are up-sizing, down-sizing and relocating, many to friendly, low population density Naples!

Contact me to find out what your home is worth, you may be pleasantly surprised.
 

NAPLES, FLORIDA – LIVE WHERE SUMMER NEVER ENDS

 
 
Thinking of Moving or Investing in a Vacation Property? With prices ranging from below $100,000 to over $40,000,000 (and everything in-between), Naples offers something for everyone. Put my 3 decades of local knowledge to work for you, contact me for a list of the best properties for your needs, tailored to your criteria and budget, or click here to shop for properties by map, community, or lifestyle on my website: janinemonfort.com
 

Mortgage Rates Remain Near Record Lows

The 30-year fixed-rate mortgage remains near record lows this week, averaging 2.93%. This means for each $100,000 financed, the Principle and Interest payment is $417, making owning a home more affordable for everyone. Does anyone remember the 17% rates in the 1980’s? The same $100,000 had a whopping Principle and Interest payment of $1425! I remember well, because, I financed a home at that time.
 

Paradise is Open

Explore beaches, dining, shopping, and recreational activities safely in Naples and surrounding areas.

Restaurants are open for indoor and outdoor dining.
 
Click here for dining options & deals.
 
Restaurants are also offering to-go delivery and curbside pick up.
 
Explore the many outdoor dining and shopping venues in Naples.

Click here to explore Mercato.
 
Click here to explore waterside shops.

Click here to explore Venetian village.

Click here to explore The Bayfront.

Click here to explore Fifth Avenue South.

Click here to explore Third Street South.

COVID Update

 
The state of Florida has moved to Phase 3 of the safe, smart, step-by-step plan to re-open.
 

Featured Properties

 

TREVISO BAY – TREVI

9596 Trevi Court, 5444 Naples | 2 BEDS | 2 BATHS | $315,000
  
 

TALIS PARK – VIANSA – GOLF

16378 Viansa Way , 4-102 Naples | 3 BEDS | 4 BATHS | $599,000
 
 

MERCATO – THE STRADA

9123 Strada Place , 7505 Naples | 2 BEDS | 2 BATHS | $659,000
 
 

PELICAN BAY – HYDE PARK

6300 Pelican Bay Boulevard , A-203 Naples | 2 BEDS | 3 BATHS | $734,900
 
 

VILLAS OF PARK SHORE

4036 Crayton Road | Naples | 2 BEDS | 3 BATHS | $899,000
 
 

VANDERBILT BEACH & BAY

9380 Gulf Shore Drive, 105 Naples | 3 BEDS | 2 BATHS | $950,000
 
 

HEART OF NAPLES

16214 Marsilea Place | Naples | 4 BEDS | 3 BATHS | $949,000
 
 

NAPLES SQUARE – DOWNTOWN

1030 3rd Avenue S, 202 Naples | 3 BEDS | 3 BATHS | $1,399,900
 
 

PELICAN BAY

6897 Grenadier Boulevard, 206 Naples | 2 BEDS  | 2 BATHS | $1,475,000
 
 

PARK SHORE – TROPICS

4530 Gulf Shore Boulevard N, 2-222 Naples | 3 BEDS | 3 BATHS | $1,525,000
 
 

VANDERBILT BEACH

13665 Vanderbilt Drive , 302 Naples | 3 BEDS | 4 BATHS | $2,495,000
 
 

PARK SHORE

3920 Crayton Road Naples | 4 BEDS | 5 BATHS | $3,820,000
 
 

CONTESSA AT BAY COLONY

8111 Bay Colony Drive, 1501 Naples | 3 BEDS | 4 BATHS | $3,895,000
 
 

MORAYA BAY

11125 Gulf Shore Drive, 1008 Naples | 3 BEDS | 4 BATHS | $4,500,000

Work With Janine

Helping sellers achieve top market value and buyers find their ideal next home—whether locally, nationally, or globally—allows me to apply my lifetime of sales and marketing expertise to their advantage. When you're ready to buy, sell, or simply explore, consider me your ambassador to coastal living.

Follow Me on Instagram