February Sales Finish Strong
February Sales Finish Strong for Naples During the Week of Feb. 24th
February sales finish strong according to the latest Naples Home Sales report which showed there were 425 Naples Properties Sold during the week of February 24th versus 283 homes sold the previous week.
Both North Naples and East Naples finished the last week of the month with 82 real estate transactions.
East Naples had 82 real estate transactions versus 72 property sales during the previous week. East Naples home sales consisted of 10 percent vacant lots, 34 percent single family homes and 55 percent were condos. The remaining property sold was a mobile home.
North Naples also ended the week with 82 properties sold compared to 65 properties during the prior week. Of the 82 sales, 5 percent were vacant lots, 38 percent were single family homes and 57 percent were condos.
Once again, the Corkscrew area had high than normal activity for the third week in a row with 56 real estate transactions up from 41 sales during the week of the 17th. Sales were split four ways – mobile homes (2 percent, vacant lots (62.5 percent), single family homes (23 percent) and condos (12.5 percent).
And finally, the City of Naples finished the week with 53 homes sold up from 30 during the previous week. Real estate sales were made up of 32 percent single family homes and 66 percent condos. The remaining property sold in downtown Naples was a vacation lot.
In summary, the latest Naples real estate transactions for the week of February 24th show properties sold were broken down as follows: 201 condos, 140 single family homes, 80 vacant lots and 4 mobile homes sold throughout Collier County.
Naples Luxury February Sales Finish Strong
Forty Six luxury homes sold during the week. Luxury home prices ranged from $1,050,000 to $14,000,000.
- $1,000,000 – $1,999,999 price range – 24 homes sold
- $2,000,000 – $2,999,999 price range – 11 homes sold
- $3,000,000 – $4,999,999 price range – 8 homes sold
- $5,999,000 – $9,999,999 price range – 2 homes sold
- 10,000,000 plus – 1 home sold
Naples Home Sales Update – Organized by zip code:
- 34102 – 22 properties sold (1 vacant lot, 7 single family homes and 14 condos)
- 34103 – 12 properties sold (2 single family homes and 10 condos)
- 34105 – 19 properties sold (8 single family homes and 11 condos)
North Naples
- 34109 – 21 properties sold (5 single family homes and 16 condos)
- 34110 – 36 properties sold (1 vacant lot, 11 single family homes and 24 condos)
- 34119 – 25 properties sold (3 vacant lots, 15 single family homes and 7 condos)
- 34104 – 26 properties sold (1 mobile home, 2 vacant lots, 10 single family homes and 13 condos)
- 34112 – 30 properties sold (2 vacant lots, 9 single family homes and 19 condos)
- 34113 – 26 properties sold (4 vacant lots, 9 single family homes and 13 condos)
Ave Maria and Immokalee
- 34142 – 6 properties sold (3 vacant lots and 3 single family homes)
Barefoot Beach
- 34134 – 4 properties sold (2 single family homes and 2 condos)
- 34117 – 8 properties sold (3 vacant lots and 5 single family homes)
Chokoloskee
- 34138 – 2 properties sold (1 mobile home and 1 condo)
Coco River
- 34108 – 28 properties sold (1 vacant lot, 9 single family homes and 18 condos)
Corkscrew
- 34120 – 56 properties sold (1 mobile homes, 35 vacant lots, 13 single family homes and 7 condos)
- 34114 – 51 properties sold (1 mobile home, 20 vacant lots, 12 single family homes and 18 condos)
- 34116 – 8 properties sold (6 single family homes and 2 condos)
Everglade City
- 34139 – 1 property sold (1 single family home)
Marco Island
- 34145 – 44 properties sold (5 vacant lots, 13 single family homes and 26 condos)
Naples Florida Real Estate Trends:
Collier County Real Estate Transactions Week of Feb. 24th 2020
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Bottom Line:
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April 25th, 2020, Posted by NaplesGolfGuy