This month’s newsletter is focused on boating, yacht clubs, marinas and waterfront communities. Please enjoy the below “yachting” video and yacht club blog post, as well as other information including February market reports. The market reports detail some of the extraordinary statistics resulting from a surge of sales activity in SWFL, dramatically reducing inventory and increasing prices. ~Matt
Recent Yacht Club & Marina Blog Post: Naples is home to lush golf courses, luxury dining and 1000’s of other boating and yacht enthusiasts…so if you are interested in the boating world of SWFL, make sure to check these popular yacht clubs and marinas.
Port Royal I Naples, FL
Whether it’s oceanfront mansions with direct Gulf of Mexico beach access or the homes that line the many wide canals, Port Royal is all about life on the water. Most homes provide boat docking accommodations right in your backyard, while several marinas and yacht clubs cater to those looking for full service. This is a community designed from the ground up to be the ultimate haven for boating. Owning property in Port Royal often provides eligibility to join the exclusive Port Royal Club. 50 single family homes sold in Port Royal in 2020 at an average price of $9,232,500. Note: Images below are links to more Port Royal info.
Royal Harbor I Naples, FL
Royal Harbor also delivers a waterfront living lifestyle, suited for boating enthusiasts. With direct access to Naples Bay and close to all the great boating clubs and marinas, Royal Harbor also provides a South Naples location convenient to downtown Naples, and other Naples highlights such as Naples Botanical Gardens, Celebration Park and Sugden Regional Park. Royal Harbor is home to about 540 single family homes, many newly constructed homes. 56 single family homes sold in Royal Harbor in 2020 at an average of $2,618,804. Note: Images below are links to more Royal Harbor info.
February 2021 Market Highlights (compared to February 2020):
The Southwest Florida real estate market is on fire! Multiple bid situations and full price offers are trending…
Closed sales of existing homes in Naples increased 62% to 1307 sales.
The luxury single-family home market continues to drive sales in Naples as reflected in the average closed price for single-family homes in the Naples Beach area, which increased 35.4% to $3.27M from $2.41M in Feb 2020.
Price range with the strongest sales: $2M+ (+69.5%)
Cash sales accounted for 57.9% of all closed sales during Feb 2021
Inventory fell 68.8% in Feb to 2,224 homes from 7,127 homes last year.
The overall median sales price for all properties increased 17.4%
Condos saw a 75.7% increase in closed condo sales and a 66.6% decrease in condo inventory (condo sales in Feb 2021 eclipsed its comparable sales in any month over the past 15 years).
February saw pending sales of existing homes in Naples skyrocket 50.7% to 2,299 pending sales. There were actually more pending sales (2,299) at the end of Feb than inventory (2,224), resulting in a drastic drop in supply – now hovering at a 2-month supply.
Naples, Florida just moved two spots, now 2nd on Best Places to Retire in the United States! The beautiful beach town which previously ranked 4th on U.S. News’ list of best retirement cities, now boasts 2nd place on the list dominated by Southwest Florida. U.S. News analyzed data for the 150 largest ...
Naples’ style of living embodies relaxation...likely because residents are surrounded by beautiful white sand beaches, lush tropical scenery, Southwest Florida championship golf courses, elaborate fine dining options, a robust arts community, and a variety of shopping venues (which includes luxury ...
Explore Naples Florida rich art scene with us! Each year Naples witnesses an influx of individuals from all over the country who seek the area's natural beauty...and the plethora of cultural venues and events. Residents’ demands over the years have resulted in a nice supply of art classes, events, exhibitions and ...
If we haven’t connected yet, please reach out. I have built a 19+ year real estate career on integrity, honesty, knowledge and highly ethical practices, which has helped me close over $550 million in real estate sales and skillfully negotiate over 100 multiple-bid situations. I work with buyers and sellers along the Gulf Coast in Naples and Southwest Florida.
For Exclusive News & Market Updates
Newsletter Sign Up
Established in 1974. $9 billion in annual sales. William Raveis Real Estate is the No. 1 family-owned real estate company in the Northeast and Florida and the No. 8 real estate company in the country, according to REAL Trends. As leaders in marketing luxury properties, locally and globally, William Raveis assures customers receive world-class marketing and technology services as well as the additional benefit of direct access to 127 offices and over 4,000 sales associates in the Northeast, where a significantly growing number of buyers are coming from. Recognized as the Top Luxury Brokerage in the United States by Leading Real Estate Companies of the World. 130,000 sales associates • 565 premier real estate firms • Over 65 countries • 1 winner.