Luxury Home Sales Soar

Homes in Naples are flying off the market as soon as they are listed with the number of closings for the first two months of 2014 at the highest on record, exceeding the previous 2005 high of 1,772 closings.  The number of sales above $2,000,000 during January and February are at 2005 levels (83 in 2005 vs 82 in 2014).

Average closed sales price in Naples year-to-date is $556,377 and the average for Bonita Springs / Estero is $357,009 which is a good thing for home sellers. Median sales prices year-to-date are up 17% over the same period 2013. Sales greater than $1,000,000 posted the largest gains in average sales price, up 24.5% over the first two months of 2013. This is driven by a substantial increase in the number of closed sales above $5,000,000 (12 in 2014 vs 3 for the same period 2013).

It takes a true luxury sales professional to navigate these brisk waters. When buying or selling luxury property you can count on me, Frank Petras, for exceptional service and knowledge. Please call me at (239) 595-2221 or visit
As a REALTOR in Naples, Florida with a very impressive international client list, I am known for my incomparable market knowledge, exceptional customer service, superior negotiating skills, high-end global targeted marketing and tremendous results. I have an unrivaled reputation as a luxury property specialist. I have earned local and national recognition for marketing and selling multimillion dollar luxury waterfront and golf course estates and other fine properties in Naples, Bonita Springs, Estero and the surrounding areas.

Voted Best Real Estate Agent in Client Satisfaction in Southwest Florida – Gulfshore Life Magazine
John R. Woods’ Emerald and Platinum Circles of Excellence
Realty Alliance Leading Residential Real Estate Sales Professional in North America
Appointed to Who’s Who in Luxury Real Estate
Awarded Million Dollar Guild Recognition by The Institute for Luxury Home Marketing