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Naples Beachfront Condo Update

By
Real Estate Agent with John R. Wood Properties

Naples Beachfront Condo Update

There are only 7 months of Naples beachfront condo inventory. Prices are likely going up again! Here's what you want to know if you're thinking about buying or selling a Naples beachfront condo:

 

Here's what the Naples beachfront inventory looks like by price range:

  • Under 1 million - 18  - 5 months
  • 1 million - 2 million - 36 - 5 months
  • 2 million - 3 million - 5 - 6 months
  • 3 million -  4 million - 4 - 6 months
  • 4 million - 5 million - 8 - 16 months
  • 5 million+ - 5 10 months

Listing supply under 5 million is short. If you find yourself in the market for a beachfront condo under $5,000,000, you could find yourself:

  • Competing with other buyers
  • Having a hard time identifying something fabulous
  • Running up against a confident Seller

Your best strategy is to go in knowing what you're up against. It might be best to identify at least 3 units and then try to negotiate your best deal. There will be tough Sellers. If you don't like their response, your smartest play might be to walk away and try somebody else who may be more motivated to sell.  

Buyers with 4 million and more have a little more muscle but that doesn't mean they're going to have an easier time negotiating. I know there's one guy out there who's priced 3 million overpriced easily. He also wants full price. I don't see that one going anywhere anytime soon.

My favorite Naples beachfront buildings are:

If you're thinking about selling: It's going to be important to position yourself correctly especially if you're planning on selling a luxury unit this year. I already have a handful of buyers who are ready to purchase so contact me today. It's possible you won't even have to endure putting your unit on the market!

If you're looking for a Naples beachfront condo, I know them all. I can help you accomplish all of your Naples beachfront condo objectives!

Contact me today!

 

Posted by

Serving my purpose through content-rich information about Naples, Florida real estate!

Best Regards!

Naples Real Estate

Shannon Lefevre, PA
Your Naples Smart Girl!
239-595-6223

“The opinions expressed herein are those of the author and do not necessarily represent the views of John R. Wood Realtors.”

 

Comments (10)

Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate this local real estate market advice.

Oct 11, 2017 03:12 AM
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Thank you for sharing Shannon Lefevre 

Oct 11, 2017 03:53 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Shannon.  Thanks for keeping us informed about the Naples Beachfront condo real estate market.

Oct 11, 2017 05:42 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Shannon, great market update for beachfront condos, and hope homeowners give you a call when ready to list.   Those views are stunning! 

Oct 11, 2017 06:52 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Shannon,  I think you do know them all and that is why buyers should be calling you.  Make it a great day!

Oct 11, 2017 07:43 AM
Shannon Lefevre
John R. Wood Properties - Naples, FL
Shannon Lefevre, PA Your Naples Smart Girl

Thank you Will Hamm! I hope you had a great day too!

Oct 11, 2017 03:56 PM
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

I'm convinced that Shannon.com knows her stuff about Naples, Florida condos!

Oct 11, 2017 04:07 PM
Shannon Lefevre
John R. Wood Properties - Naples, FL
Shannon Lefevre, PA Your Naples Smart Girl

Thanks Pete Xavier with X Group Real Estate Advocates!

Oct 12, 2017 02:38 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Shannon

Now is the time to buy a beach front condo in Naples Florida.

Good luck and success.

Lou Ludwig

Oct 12, 2017 06:49 PM
Shannon Lefevre
John R. Wood Properties - Naples, FL
Shannon Lefevre, PA Your Naples Smart Girl

Lou Ludwig You're telling me! I bet it similar in Boca, buy fast before everybody gets the same idea! :)

 

Oct 13, 2017 09:22 AM