Port Royal, Naples, Florida Update

Hello Naples Friends,

It’s time for my Port Royal Naples, Florida market update. Some of you have already made it back. Welcome! We’ve been busy sprucing things up and making improvements all over town. Some of you are currently preparing to come down. Safe travels and hope to see you soon.

If you’re buying or selling a Port Royal home, here’s everything you need to know to get started.

The current Port Royal real estate market:

Active - 49

Pending - 2

Closed during past 365 days - 33

Closed year before - 38

Closed year before that - 38

Sales are down 14% over the past two years.

17 months of inventory exist which is up 3 months since my Port Royal report last November.

Lowest price listing is an off water, updated home listed for $4,500,000. Last year the lowest priced home was on the market for just under $4,100,000.

Highest priced listing is just under $61,000,000 with a recent price increase from $59,900,000….mmm..ok

There are 4 listings currently showing 30 days of market time or less but in actuality 2 of those listings are recycled.

2 Port Royal homes priced between $6,000,000 and $9,000,000 are currently under contract and sold relatively quickly compared to the average 254 day market time for the properties sold during the past 12 months.

Market time as a whole appears to be down 7% compared to sales during the past 12 months.

There are two segments of the market I’m really excited about! Sneak over here for my whole Port Royal update!

If you're thinking about buying or selling in Port Royal, you should call me. We'll have fun accomplishing your objectives!

Have a great day!

Shannon Lefevre, PA

239-595-6223