Naples Real Estate Market Update 2022
We all know that the current Naples real estate market is crazy, but you’re probably wondering what we’re going to see as we enter into 2022.
Let’s start with the good news. Inventory is increasing and we ARE expecting more sellers to join the market this season, however, due to the high buyer demand, homes are leaving the market as quickly as they came on. Compared to this time last year, we still have 75% less inventory than in 2020! To add more fuel to the fire, Multiple sources all agree on one thing – with foreign buyers returning to the U.S., we are preparing for a resurgence of increased sales and price inflation. All of this is on top of our already inflated market. Since the borders of different countries have been closed for so long, pent-up demand and lots of CASH reserves will only make it even more difficult to buy a home in Southwest FL ……Tribune News Service says 52% of foreign buyers purchase in south Florida. I’ve seen some of my customers who are finally returning after being away for 12-18 months because of border and travel restrictions. We are also continuing to see buyers coming from States we used to not see, including California, Oregon, and Washington State.
As the market evolves throughout 2022, I’ll be here to update you, so be sure to like, subscribe and hit notifications on my YouTube channel to be alerted. In the meantime, shoot me a message if I can help you or someone you know with any other real estate questions. I’m here to serve you.
Looking for someone like that? I’d love to connect.
Kim Menkhorst
Premiere Plus Realty 239.776.0093
Download my free real estate guides here! https://www.lavishluxuryhomesnaples.com/your-naples-real-estate-resource-center/
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