A few years ago, Southwest Florida real estate market had one peak season: the winter buyers. But according to Barry DeNicola Jr., of Barry DeNicola Realty, the Naples, Fla., housing market has never been busier.
have three buying seasons now,’he explains. through May, the summer buyers and the fall and early winter buyer.”
Maria Coords of Premiere Plus Realty couldnagree more. ve seen the market progressing more to all year round, rather than seasonal, mostly attributed to the current price adjustments not seen in a very long time,”she says.
Although there have been adjustments, prices are stable. Waterfront homes tend to rebound faster, according to Tade Bua-Bell, who is partnered with her mother, Emily K. Bua, at Naples Estate Properties.
only so much water you can be by,”Bua-Bell explains, who adds that her team has already sold 27 properties this year, compared to 32 during all of 2011.
Bua and Bua-Bell emphasize that Naples offers something for every buyer.
are able to give the scope of the city,”Bua says. specialize in luxury properties in golfcourse, beachfront and downtown areas (including Old Naples and Port Royal).”
According to DeNicola, a waterfront property in the area can range anywhere from $2 million to $20 million or higher. Lauren Taranto of Royal Shell Real Estate agrees, saying she recently sold six new custom construction homes in three different gated golfcourse communities.
buyer wanted amenities, safety and a new home. The average price for the package was $1.6 million,”she says.
With a slow and steady recovery and a year-round buying season, Naples is headed in a positive direction.
seeing more buyers in the marketplace and more willingness to spend money”Bua-Bell says.
THE LIFESTYLE
From high-end shopping to Gulf of Mexico sailing, youfind just about everything youneed in Naples, with a superb bonus: about 10 rainy days a year.
The Shops: The sun is almost always shining in Naples, which, unlike other parts of Florida, lies within the tropical climate zone. Naples shopaholics can soak up the sun at one of its many outdoor shopping malls. For antiques, check out the shops along 5th Avenue South. For a little more glitz and glamour, the Waterside Shops boast ultra-luxe venues such as Cartier and Louis Vuitton.
The Fun: Along the coast, Naples offers gorgeous white-sand beaches and the warm waters of the Gulf of Mexico, making it a haven for fishing, boating and swimming.
Golf courses are more than abundant; the region has close to 100 places to tee off.
The Arts: Naples Philharmonic Complex is an absolute must-see, featuring concerts, guest speakers, Broadway musicals and the Naples Museum of Art. Naples is also home to a premier community theater troupe, The Naples Players, named the best live theater in the region for several years in a row.
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