The holiday break is behind us, and it's time to start putting plans for 2023 firmly into action. If shopping for a home in Southwest Florida is at the top of your to-do list this year, then it pays to stay up to date on the latest market trends. Our real estate agents are here to help with our Southwest Florida Market Report for December 2022.
Overall, there were 27,585 properties sold in Southwest Florida during the 12-month period ending on December 31, 2022, a 30.25 percent decrease compared to the previous 12-month period when 39,551 properties were sold. New listings decreased by 5.46 percent, from 36,654 to 34,652. The average sales price in Southwest Florida increased by 21.94 percent, from $640,098 to $780,567. Inventory for Southwest Florida as of December 31, 2022, stood at 5,911 units and 2.57 months of supply.
Whether you're interested in shopping, browsing art galleries, expanding your own skills with great classes, connecting with local artists, or enjoying unique special events, the Naples Art District has so much to offer in 2023. There are more than 100 Member Artists based in the Naples Art District. In addition to sculptors and painters, the Naples Art District is home to everything from silversmiths to fiber artists. Our real estate agents have more information on some of the many art galleries and classes you can enjoy during your visits to the Naples Art District this year.
Is shopping for a new Southwest Florida home at the top of your to-do list for 2023? Before you get busy shopping, it's well worth catching up on the latest local real estate trends. Making informed decisions starts with having the right data, especially for a purchase as important as a home. Our real estate agents have the latest data in our Southwest Florida Market Report for November 2022.
New Year's Eve is already around the corner, and the folks at 5th Avenue South are gearing up for what is always one of the biggest celebrations of the year in Naples. The popular Evening on 5th New Year's Eve celebration is back for another year, with music, shopping, holiday fun, and so much more. Our real estate agents have all of the exciting details on what you can look forward to when you ring in 2023 on 5th Avenue South in Naples.
While the official time for the Evening on 5th is from 6:30 PM – 9:30 PM, it certainly won't hurt to arrive at 5th Avenue South a little on the early side. 5th Avenue South is one of the most popular destinations near Naples homes for sale for shopping, dining, and entertainment. So there will be plenty to see and experience before Evening on 5th officially begins.
Are you thinking about moving to the Paradise Coast in 2023? Whether you're still shopping for Naples homes for sale or you've already closed the deal on the perfect match, now is the time to start planning your big move. Our real estate agents are here to help you start planning with our guide for moving to the Paradise Coast in 2023.
Between family gatherings and social visits, we often find ourselves with more time than usual around the house during the holidays. That makes this time of year a great opportunity to catch up on to-do lists for tasks like home improvement projects, interior decorating, and upgrading to the latest smart home technology. Our real estate agents are here to provide some inspiration with these projects that you can complete during the holiday season.
There's never a bad time to enjoy the distinctive, world-class dining destinations around Naples, and the holiday season is an excellent time to explore all that local restaurants have to offer. With a mix of gourmet restaurants, casual waterfront dining spots with fresh seafood, international cuisine from around the world, and extensive wine/craft cocktail lists to provide the perfect pairing, you're sure to be delighted by what Naples has to offer. Our real estate agents have the delicious details on some of the many dining spots that you won't want to miss in Downtown Naples.
Are you dreaming of warmer weather this winter? When you're shopping for homes in Southwest Florida, keeping up with the latest market data is key to making the most informed real estate decisions. Our real estate agents have more information on the latest trends in our Southwest Florida Market Report for October 2022.
Southwest Florida Market Report: October 2022
Overall, there were 29,606 properties sold in Southwest Florida during the 12-month period ending on October 31, 2022, which marks a 27.28 percent decrease compared to the previous 12-month period. New listings saw a decrease of 6.54 percent, from 37,318 to 34,876. The average sales increased by 23.22 percent, from $621,936 to $766,357. As of October 31, 2022, inventory stood at 5,215 units and 2.11 months of supply.
One of the best things about the dining scene on the Paradise Coast is that it features influences and cuisine from nearly every corner of the world. Our real estate agents have all of the delicious details on 7 Paradise Coast restaurants where you can enjoy tacos on a Tuesday or any day of the week.
Planning a decorating refresh for your Paradise Coast living space? Then it's well worth brushing up on the latest interior design trends, and Modern design should be at the top of the list. REALTOR® Magazine recently ranked Modern design as the most popular style in Florida, and it's also one of the most popular design choices in the US overall. Our real estate agents have the details on what Modern design is, why it's so popular, and how to incorporate it into your interior design.