Alfred Robbins Realty Group Newsletter

NEWSLETTER

NAPLES UPDATE

The Sun Continues to Shine in Naples and Our Beautiful Gulf Beaches are Reopening!

In spite of some recent weather challenges, we are happy to report that Naples is returning to normal. Properties are selling, restaurants are thriving, Fifth Avenue shops are as busy as ever and the golf courses are groomed and ready for season. We look forward to another great winter with exceptionally nice weather. Let us know when you are heading our way!

For more information about beach access and parking, visit collierparks.com.

NAPLES MARKET

Naples Housing Inventory on the Rise

The post-pandemic home buying surge that took place when mortgage rates were historically low has ended. Housing inventory in Naples is on the rise but remains low at just 2.8 months of inventory reported in November (a balanced market has a six-month supply of inventory). As expected, the limited inventory environment in Naples is restricting sales and increasing prices. Though broker analysts reviewing the report pointed out that cash sales accounted for 62.3 percent of closed sales in November; it is an indication that the Naples housing market remains a solid investment. READ MORE