2015 has been an excellent year for new construction, and specifically for the high-end luxury custom home market. Southwest Florida is booming with families relocating to this tropical gulcoast location. With all Naples and Marco Island, Florida has to offer, Southwest Florida is
a prime area for those seeking a clean, healthy environment, with excellent schools and a host of outdoor activities, including golf, boating, fishing, and much more. With consumer confidence up and the low inventory of resales, building new custom homes has increased greatly in the area,
and the experts see no reason why this growth will not continue.
In 2015, the average sales price was $522,000. That is up 11% from the 2014 average sales price of $472,000. In comparison, in 2009 the average sales price was $341,000. These figures show a very large increase over the past six years, concluding that Naples and Marco Island is a very hot real estate market. Closed listings reached 13,128 for the year, which is the highest on record, since 2001. Demand for property priced $2 Million and over was up 10% in 2015, and median sales priced above $5 Million increased 8.5%, with 91 sales above $5 Million.
Source - Southwest Florida MLS
Big Island Builders is a luxury custom home builder located in Naples, Florida. Founded in 1999,
the company is run by brothers Jay and Mike Bowerman, who grew up in the homebuilding businees in South Florida. Big Island Builders offers a unique blend of luxury and hands-on communication with their customers. To contact Big Island Builders call 239.262.6867 or visit www. bigislandbuilders.com
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