Naples and Marco Island's Real Estate Market's Home Prices on the Rise!

Even though the recent temperatures may be cold (Brrrrrr), the Naples real estate market is HOT HOT HOT! As we are in full swing of season, the Naples real estate market is definitely heating up. Inventory is dwindling and not staying on the market for very long. With supply decreasing and demand at an all time high, prices for Naples real estate are being driven higher and higher. In fact, according to the Local Market Monitor, home prices in the Naples market are expected to rise 37 percent over the next three years! Naples' real estate market's 37% growth is projected to rise higher than any other market in the state of Florida! The time is now to get in on the ground floor in the Naples and Marco Island real estate market with prices projected to rise to all time highs within the next three years!

One of the factors related to the Naples real estate market growth is the strengthening economy as well as job creation. The Local Marketing Monitor attributes one of the main catalysts to the real estate market's price increase is due to Naples and Marco Island's 6.3 percent job growth. Naples job growth far exceeds any other market in the state according to the report. In fact, the global car rental company Hertz just relocated their global national headquarters to Estero, Florida. Hertz plans to offer over 700 jobs at their Estero location alone!

Another factor related to the 37% growth in the Naples real estate market prices within the next three years is tourism. With Naples' beautiful year round weather, aging baby boomers and retirees are deciding to make a permanent home in the area. With sunshine year round, who wouldn't want to call Naples home?! With amenities such as beautiful white sand beaches, bountiful golf courses and tennis courts, and award winning dining and shopping options, Naples has it all!

With prices about to rise, if you are interested in buying property, I highly recommend that now is the time to do it! Get in on the ground floor before prices rise even further! With great options for homes as well as investment properties, it would be my pleasure to help you navigate the Naples real estate market. If you have any questions or if I can be of any assistance, please do not hesitate to contact me either via cell 239.244.1559 or via email ryan@napleshomes.com. I look forward to helping you purchase your new home in Naples!