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Decreased Supply And Increased Tourism May Mean More Good News For Naples, Florida Real Estate.

Posted on Thursday, July 26, 2012

More than a few local pals have noted more activity in Naples this summer. Traffic, although far less than season rates, seems a little heavier. Real estate sales are going along ok and we are fast approaching peak European tourist season. It feels like Naples is becoming more of a year round place which is good news for real estate and maybe local employment.
This perceived increase in activity comes on the heals of a strong tourist season. The Naples News reported two days ago “ The county in June drew 121,100 visitors to its hotels and other vacation rentals — up 4.6 percent from a year ago, according to a monthly report by Tampa-based Research Data Services Inc.” Maybe the tourists just stuck around a little longer!
We still see a relative short supply of real estate these days compared to prior years. We are hovering around the 7.2 months levels with more news on planned developments again. This coming season may see short supply ahead of future development combined with increasing tourism. Might be more good news for Naples real estate.

Tell us what you think!

No legal, investment, or tax advice is being given in this Blog.  Consult with legal, financial and tax professionals before acting on any real estate transaction.  Actual real estate price and sales results are subject to market forces and are not completely predictable. The writings of this Blog are intended for the sole use of our clients.
Some of the data relating to real estate for sale on the website comes in part from the Broker reciprocity program of M.L.S. of Naples, Inc. The properties displayed here may not be all the properties available through the MLS reciprocity Program. This information is deemed reliable but is not guaranteed. Buyers and sellers are responsible for verifying all information about their purchase prior to closing.
Mark Goebel, PA is a REALTOR with Coldwell Banker on 5th avenue in Naples, Florida with 35+ years of visiting and living in Naples. After 25 years at Accenture, Mark retired as a managing director and spends his time helping non profits and building a Naples real estate team with his wife Nan. Talk to Mark and Nan about life in Naples and why they chose this place to live full-time over all others and enjoy Naples real estate.
Mark Goebel, PA
REALTOR Coldwell Banker 5th Avenue South
Mobile: 239.595.3921
Facebook: NaplesBestAddresses
Twitter @mcgoebel
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