Home on Naples Bay

Naples Home Price Overview

Location, Location, Location

Three key components help determine the value of a home in Naples.

  • Overall Naples Location – Closer to the Gulf and the Naples attractions, the higher the value. (See Naples’ Destination Areas). 
  • Overall Value of the Neighborhood – Values within an upscale gated community miles from the Gulf, can be much higher than an older single family home just minutes from the Gulf. The type and extent of amenities within a community, plays a large part in the overall value.
  • Value Within the Community – A home could have an expansive lake or golf course view, or the same home could back up against  a boundary fence with highway noise.
Home in Olde Naples - $2.5 million+
Home 1.5 miles from Beach - $425,000
Pool / Lake Home 20 Miles from Beach - $400,000

Second Home Buyers Drive Prices

Second home buyers drive home prices in the Naples market, not the local working residents. The local workforce are mostly in services that second home owners require – building, landscaping, remodeling, health services, etc.

Naples housing expansion is not driven by the local high school grad or college grad that has a job and buys a home. There is some of that, but not near the extent of the second home buyers. Local workers buy housing that they can afford. These would be in the least expensive single family neighborhoods.

There is a new infusion of second come buyers in Naples each year. Either those planning ahead for their retirement, or those that have reached retirement and seek a winter retreat. As more baby-boomers reach retirement each year, the infusion is expected to grow.

New developments are designed with the second home buyer in mind. Naples currently has developments under construction that will be adding an additional thousands of homes over the next few years.
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Call Tom at 941-315-4602