Sarasota National Home Listed!

A spectacular Sarasota National home listed today!  This 2020 built Angelina model comes with a FULL GOLF MEMBERSHIP FOR TWO PEOPLE included in the purchase price.

23447 Waverly Cir. Venice, FL 34293 – List Price $899,999

More About this Sarasota National Home Listed:

This spacious single-family home is truly ONE OF A KIND with TOO MANY UPGRADES TO LIST. It is for the distinguished buyer who appreciates HIGH END FINISHES. From a MARBLE PATIO with a HEATED, SALT WATER POOL/SPA & OUTDOOR KITCHEN, to the GOLF COURSE VIEW, ALL 8’ SOLID WOOD DOORS, HURRICANE IMPACT WINDOWS & A STORM SMART HURRICANE SCREEN ON THE BACK, WHOLE HOUSE DEHUMIDIFIER & MORE, this home is MOVE IN READY! You can be in before WINTER!

Walking into the home you will be greeted with the STUNNING GOLF & WATER view that is unobstructed through the upgraded PICTURE FRAME SCREEN. Guests can’t help but admire the sparkling water, priceless views, and stunning SUNSETS that can be enjoyed out the back. This OPEN FLOOR PLAN promotes ENTERTAINING with the LARGE CHEF’S KITCHEN, MASSIVE ISLAND, and the BLEND of INDOOR & OUTDOOR SPACE. Florida living is all about the OUTDOOR SPACE and this home has it ALL!

The GEORGOUS MARBLE PATIO FLOORING AND MARBLE TILE WALLS, with the PVC WHITE SHIPLAP CEILING, custom OUTDOOR KITCHEN cabinets with GAS GRILL, HEATED, SALT WATER POOL and SPA is a FLORIDA DREAM! Kitchen upgrades include STAINLESS STEEL APPLIANCES (including built in WINE FRIDGE), GRANITE COUNTERTOPS, MARBLE BACKSPLASH, UPGRADED KITCHEN CABINETS with UNDER CABINET LIGHTING, SINGLE SINK, and a PASS THROUGH WINDOW to promote entertaining inside & outside!

All main living spaces have WOOD-PLANK CERAMIC TILE and all bedrooms have upgraded, barely used, carpet. The Primary Bedroom has an abundance of natural light with multiple windows and a slider to provide access to the lanai, two large closets, an en-suite bathroom with dual sinks, and large walk-in shower! The front of the home has the first guest bedroom with a stunning bay window to allow for gorgeous morning sun, a shared full bathroom, and a third bedroom that is designed to provide flexibility to become a den or true third bedroom.

The home has plenty of STORAGE with all closets, and the kitchen pantry, equipped with UPGRADED WOOD SHELVING! The 2 CAR EPOXIED GARAGE also has HANGING, OVERHEAD storage, where everything stays COOL thanks to the GARAGE AC UNIT!

• 3 Bedrooms
• 2 Bathrooms
• 2,078 Square feet under air
• Built in 2020

View 3D Tour…

For a private tour, contact us at 1-941-993-3272.

Learn More About Sarasota National:

Sarasota National Golf Club is a private golf club located in Venice, Florida. This bundled golf community includes an 18-hole championship golf course which is surrounded by beautiful wetlands and preserves. The golf course caters to players at all skill levels.

In addition to world-class golf facilities, residents will enjoy access to the new Palm Club featuring a resort style pool with lap lanes, spa, poolside tiki bar, tennis courts, bocce ball, pickleball and more.

Also, members will enjoy a wide variety of social activities, a full service restaurant and bar both inside and out with both casual and fine dining options.

Learn more about Sarasota National…

Home Selling Tips

Make Your Home Listing Stand Out

Why Hire a Real Estate Agent to Sell Your Home

Home Selling Tips…

Are you considering selling your home? Call us today to learn your home’s value in today’s market – 239-370-0892.

Southwest Florida’s Latest Golf Community Trends

Your go-to resource for SWFL’s latest golf community trends for Naples, Bonita Springs, Estero, Fort Myers, Bradenton, Lakewood Ranch, and Sarasota.

Once again, inventory remained the same or increased in almost every golf community. There were a handful of exceptions where there was a slight decrease compared to this same time last month.

In addition to inventory challenges, depending on the type of community, there may be a waitlist for membership. In some cases, it is less than a year and in other cases, it is as long as 10 years.

Despite the waitlists, there are options for immediate golf privileges in many communities. It is important to have an experienced golf community expert help you navigate your options to ensure you find the lifestyle, community, and golf course of your dreams.

With more than 150 golf communities in the area, it is a challenge to navigate all the various options for golf membership. That’s where we come in. Our vast relationships with all the golf communities from Naples to Sarasota allow us to serve our clients by making the home-buying or selling process an easy and enjoyable one.

While it may seem overwhelming at first, once we know how often you play, other desired club amenities, property type, and price range we can help you narrow the list of clubs down to a handful that will potentially offer you the Florida golf lifestyle you are looking for.

Below you will find highlights for the latest real estate statistics for single-family golf homes and golf condos in our area for the past 12 months.

SWFL Latest Golf Community Trends – Single Family Homes

NAPLES FL Latest Golf Golf Community Trends – Single Family Homes

Audubon Country Club – 8 properties for sale, 24 properties closed over the past 12 months and average sales price $2,562,689

Collier’s Reserve – 3 properties for sale, 13 properties closed over the past 12 months and average sales price $2,542,692

Greyhawk at GC of the Everglades – 11 properties for sale, 34 properties closed over the past 12 months and average sales price $1,222,855

Grey Oaks – 11 properties for sale, 39 properties closed over the past 12 months and average sales price $4,305,397

Kensington – 1 property for sale, 20 properties closed over the past 12 months and average sales price $1,670,825

Lely Resort – 16 properties for sale, 91 properties closed over the past 12 months and average sales price $1,396,217

Mediterra – 4 properties for sale, 25 properties closed over the past 12 months and average sales price $4,008,212

Olde Cypress – 4 properties for sale, 29 properties closed over the past 12 months and average sales price $1,582,117

Pelican Bay – 14 properties for sale, 26 properties closed over the past 12 months and average sales price $4,666,832

Pelican Bay (Estates at Bay Colony) – 1 property for sale, 0 properties closed over the past 12 months

Pelican Marsh – 7 properties for sale, 32 properties closed over the past 12 months and average sales price $2,127,703

Quail Creek – 9 properties for sale, 17 properties closed over the past 12 months and average sales price $2,341,400

Quail West – 11 properties for sale, 39 properties closed over the past 12 months and average sales price $4,454,887

Talis Park – 3 properties for sale, 13 properties closed over the past 12 months and average sales price $3,587,154

Tiburon – 4 properties for sale, 7 properties closed over the past 12 months and average sales price $4,205,714

Treviso Bay – 1 property for sale, 18 properties closed over the past 12 months and average sales price $1,941,944

Vineyards – 8 properties for sale, 66 properties closed over the past 12 months and average sales price $1,326,720

BONITA SPRINGS FL Latest Golf Community Trends – Single Family Homes

Bonita Bay – 9 properties for sale, 32 properties closed over the past 12 months and average sales price $2,448,160

Palmira – 9 properties for sale, 26 properties closed over the past 12 months and average sales price $1,050,654

Pelican Landing – 10 properties for sale, 44 properties closed over the past 12 months and average sales price $1,448,409

Pelican Landing (The Colony) – 2 properties for sale, 9 properties closed over the past 12 months and average sales price $2,540,556

ESTERO FL Latest Golf Community Trends – Single Family Luxury Homes

Miromar Lakes – 13 properties for sale, 35 properties closed over the past 12 months and average sales price $2,227,532

Pelican Sound –  0 properties for sale, 8 properties closed over the past 12 months and average sales price $1,066,664

Shadow Wood – 4 properties for sale, 41 properties closed over the past 12 months and average sales price $1,644,232

West Bay Club – 4 properties for sale, 27 properties closed over the past 12 months and average sales price $1,351,352

FORT MYERS FL Latest Golf Community Trends – Single Family Luxury Homes

Gulf Harbour Yacht and Country Club – 9 properties for sale, 24 properties closed over the past 12 months and average sales price $1,970,963

The Forest – 7 properties for sale, 31 properties closed over the past 12 months and average sales price $675,242

BRADENTON Florida Latest Golf Community Trends – Single Family Luxury Homes

Concession – 8 properties for sale, 12 properties closed over the past 12 months and average sales price $3,459,070

Founders Club – 3 properties for sale, 12 properties closed over the past 12 months and average sales price $2,407,248

Esplanade at Lakewood Ranch – 9 properties for sale, 50 properties closed over the past 12 months and average sales price $978,458

Esplanade at Azario – 2 properties for sale, 74 properties closed over the past 12 months and average sales price $1,098,823

SARASOTA FL Latest Golf Community Trends – Single Family Luxury Homes

TPC Prestancia – 7 properties for sale, 9 properties closed over the past 12 months and average sales price $1,483,333

Southwest Florida Latest Golf Community Trends – Condos

NAPLES FL Latest Golf Community Trends –  Condos

Audubon Country Club – 0 properties for sale, 2 properties closed over the past 12 months and average sales price $1,412,500

Grey Oaks –  2 properties for sale, 12 properties closed over the past 12 months and average sales price $2,430,750

Hammock Bay – 18 properties for sale, 44 properties closed over the past 12 months and average sales price $766,430

Kensington – 2 properties for sale, 18 properties closed over the past 12 months and average sales price $792,472

Lely Resort – 28 properties for sale, 130 properties closed over the past 12 months and average sales price $574,362

Mediterra – 5 properties for sale, 19 properties closed over the past 12 months and average sales price $2,099,816

Pelican Bay – 81 properties for sale, 262 properties closed over the past 12 months and average sales price $1,967,132

Pelican Marsh – 10 properties for sale, 66 properties closed over the past 12 months and average sales price $809,500

Talis Park – 14 properties for sale, 33 properties closed over the past 12 months and average sales price $1,659,380

Tiburon – 4 properties for sale, 29 properties closed over the past 12 months and average sales price $1,568,414

Treviso Bay – 0 properties for sale, 56 properties closed over the past 12 months and average sales price $577,791

Vineyards – 14 properties for sale, 85 properties closed the over past 12 months and average sales price $700,824

BONITA SPRINGS FL Latest Golf Community Trends – Condos

Bonita Bay – 35 properties for sale, 135 properties closed over the past 12 months and average sales price $1,940,471

Palmira – 6 properties for sale, 17 properties closed over the past 12 months and average sales price $670,582

Pelican Landing – 7 properties for sale, 63 properties closed over the past 12 months and average sales price $591,095

Pelican Landing (The Colony) – 26 properties for sale, 53 properties closed over the past 12 months and average sales price $1,522,825

ESTERO FL Latest Golf Community Trends – Condos

Miromar Lakes – 13 properties for sale, 25 properties closed over the past 12 months and average sales price $1,142,360

Pelican Sound – 2 properties for sale, 25 properties closed over the past 12 months and average sales price $587,862

Shadow Wood – 3 properties for sale, 22 properties closed over the past 12 months and average sales price $644,359

West Bay Club – 8 properties for sale, 24 properties closed over the past 12 months and average sales price $892,792

FORT MYERS FL Latest Golf Community Trends – Condos

Gulf Harbour Yacht and Country Club – 35 properties for sale, 88 properties closed over the past 12 months and average sales price $875,924

The Forest – 12 properties for sale, 40 properties closed over the past 12 months and average sales price $255,885

BRADENTON FL Latest Golf Community Trends – Condos

Esplanade at Lakewood Ranch – 1 property for sale, 6 properties closed over the past 12 months and average sales price $497,833

Esplanade at Azario – 1 property for sale, 23 properties closed over the past 12 months and average sales price $515,847

SARASOTA FL Latest Golf Community Trends – Condos

TPC Prestancia – 3 properties for sale, 3 properties closed over the past 12 months and average sales price $540,000

More Southwest Florida Latest Golf Community Trends

Overall, inventory for Luxury golf properties in our area remains historically low. As we approach season, we may see more inventory. It is still too early to tell.

Some golf communities have more inventory than others. If you are considering buying a luxury golf home, we will help you find the community and home to fit your lifestyle.

If you are considering selling, it is still a seller’s market and you have time to catch the top of the market. Call us today to learn your home’s value and how we can help you sell it for maximum value. What is my home worth…

If are planning to buy a home we can help you identify which golf community or communities will fit your lifestyle and match your criteria for amenities in your price range. With the various fees associated with each golf community, it can be a challenge to determine what your total obligation will be for membership initiation fees as well as the annual membership dues, capital improvements and home owners association fees.

Since each community varies we recommend you use a professional real estate agent with experience in golf communities to navigate your way through your options. We’ve been helping connect buyers and sellers in golf communities for more than 20 years.

If you do not see a snapshot of the southwest Florida luxury private golf club community you are interested in, contact us for complete market analysis. Call, email or text us today for all of your real estate needs – 239.370.0892.

Sarasota Housing Market Trends

The latest Sarasota housing market trends showed 924 properties sold for just over $618 Million during August in the North Port, Sarasota, and Bradenton areas. Year-to-date there has been $3.8 Billion in closed sales.

The luxury market was strong, as evidenced by the 111 properties which sold at $1 Million and above. The highest-priced sale was for a single-family home on Case Key overlooking the Gulf of Mexico for $12,000,000.

Overall, inventory ended the month at 3,066 properties for sale, up from 2,165 listings during the same time last year. Similar to the prior month, inventory increased slightly month-over-month. There was a net increase of 110 properties for sale from July to August. So even though we’ve moved in the right direction, we still have just a 3.4 months supply of homes for sale leaving us in a solid Seller’s market.

Additionally, the greater Sarasota area continues to make national headlines. A new study from an insurtech company named Sarasota the top housing market to watch in the country — designating it the market most “primed for success in the next few years.” One reason is the 24 percent increase in new construction homes in anticipation of the projected population growth.

So, between low supply and high demand, prices are expected to rise. Just not at the same pace as the past couple of years.

Sarasota Housing Market Trends – Single-Family Homes

August 2023 versus August 2022 Single Family Home Highlights:

• Closed sales decreased 4.9 percent going from 678 transactions down to 645 sales.
• Pending sales fell from 674 last August compared to 583 this August, a 13.5 percent reduction.
• Inventory increased 25.7 percent up to 1,983 homes for sale compared to this same time last year when 1,577 homes were for sale.
• New listings decreased from 847 down to 822 which was a 3 percent decline.
• Median days on market increased to 31 days which was a 121.4 percent increase versus August of 2022.
• Available inventory of single-family homes ended August with a 3.3 months’ supply of homes available for sale which was up from 2 month’s supply during August of 2022.

Single-family home inventory rose year-over-year, ending the month at the highest level of homes for sale year-to-date. And, unlike the previous month it increased month-to-month. Sarasota single-family homes for sale ended August at 1,983 properties up from the end of July when it was 1,923 homes for sale.

The median sales price increased 9.2 percent over the same time last year up to $519,000. However, it fell slightly from the prior month when it was $535,000.

Also notable was the percentage of single-family home sales which were cash purchases. Just over 45 percent of all single-family home sales were a cash transaction which was up 5.1 percent over this same time last year.

Bottom line: It remains a Seller’s market for Sarasota single-family homes.

So, if you are thinking about selling your property in the Sarasota area, call, email, or text us today – at 239.370.0892 for a complimentary market analysis.

On the other hand, since real estate is truly local, it could vary from neighborhood to neighborhood. Some neighborhoods have plenty of inventory and there are multiple options to choose from.  Whether you are just beginning your search or you want to stay up to date on the latest trends in a particular neighborhood, now may be a good time to start watching for properties that meet your criteria. New listings are hitting the market every day, so if you want to stay up to date we can help you with automatic property alerts.

Or, if you’re not sure which community is right for you, contact us and we’ll help you identify the communities which will match the lifestyle you are seeking.

Sarasota Housing Market Trends– Condos and Townhomes

August 2023 versus August 2022 Condo Highlights:

• Condo sales decreased 5.7 percent going from 296 real estate transactions down to 279 sales.
• Pending sales decreased 20.7 percent down from 309 last August to 245 this August.
• Inventory increased 84.2 percent up to 1,083 condos for sale compared to last August when there were only 588 units for sale.
• New listings rose from 333 up to 380 or a 14.1 percent increase.
• Median days to contract was 46 days which was up from 14 days last year.
• Available inventory of condos ended August with a 3.5 months’ supply of properties available for sale which was a 118.8 percent increase.

Similar to single-family homes, condo inventory increased significantly over last year. More importantly, unlike the previous three months, inventory also rose month-to-month. There were 1,083 condos for sale at the end of August compared to to 1,033 units for sale at the end of July.

However, like the last three months, we ended with just a 3.4 months’ supply of condos for sale. We’re still only halfway to a balanced market which is traditionally a 6-7 months’ supply of units for sale.

Additionally, days to contract increased to 46 days up from 36 days in July and up from 10 days during July of 2022. Finally, the percentage of cash sales was 60.9 percent of all condo sales which was up from 60 percent during the prior month. With low inventory, low days on market, and high buyer demand, the condo market remains a strong Seller’s market.

Bottom Line

It remains a Seller’s market for BOTH condos and single-family homes. You still have time to cash in on the high buyer demand. What is my home worth…

With low inventory of existing homes for sale, there’s been a notable increase in buyers turning toward new construction. Should I use a Realtor if I’m buying New Construction?

Whether you are buying or selling we have real estate specialists who cover Florida’s Gulf Coast from Sarasota to Naples, so if you are considering moving to the area, contact us for more information.

Sarasota Real Estate Market Reports

2023 Sarasota August Housing Market – Single Family Homes

2023 Sarasota August Housing Market – Condos

Naples Golf Guy Monthly Real Estate Trends

New Listings in Southwest Florida Golf Communities

Sarasota National House Coming Soon!

A spectacular Sarasota National House is about to hit the market!  This 2020 built Angelina model comes with a FULL GOLF MEMBERSHIP FOR TWO PEOPLE included in the purchase price.

23447 Waverly Cir. Venice, FL 34293

More About this Sarasota National House:

This spacious single-family home is truly ONE OF A KIND with TOO MANY UPGRADES TO LIST. It is for the distinguished buyer who appreciates HIGH END FINISHES. From a MARBLE PATIO with a HEATED, SALT WATER POOL/SPA & OUTDOOR KITCHEN, to the GOLF COURSE VIEW, ALL 8’ SOLID WOOD DOORS, HURRICANE IMPACT WINDOWS & A STORM SMART HURRICANE SCREEN ON THE BACK, WHOLE HOUSE DEHUMIDIFIER & MORE, this home is MOVE IN READY! You can be in before WINTER!

Walking into the home you will be greeted with the STUNNING GOLF & WATER view that is unobstructed through the upgraded PICTURE FRAME SCREEN. Guests can’t help but admire the sparkling water, priceless views, and stunning SUNSETS that can be enjoyed out the back. This OPEN FLOOR PLAN promotes ENTERTAINING with the LARGE CHEF’S KITCHEN, MASSIVE ISLAND, and the BLEND of INDOOR & OUTDOOR SPACE. Florida living is all about the OUTDOOR SPACE and this home has it ALL!

The GEORGOUS MARBLE PATIO FLOORING AND MARBLE TILE WALLS, with the PVC WHITE SHIPLAP CEILING, custom OUTDOOR KITCHEN cabinets with GAS GRILL, HEATED, SALT WATER POOL and SPA is a FLORIDA DREAM! Kitchen upgrades include STAINLESS STEEL APPLIANCES (including built in WINE FRIDGE), GRANITE COUNTERTOPS, MARBLE BACKSPLASH, UPGRADED KITCHEN CABINETS with UNDER CABINET LIGHTING, SINGLE SINK, and a PASS THROUGH WINDOW to promote entertaining inside & outside!

All main living spaces have WOOD-PLANK CERAMIC TILE and all bedrooms have upgraded, barely used, carpet. The Primary Bedroom has an abundance of natural light with multiple windows and a slider to provide access to the lanai, two large closets, an en-suite bathroom with dual sinks, and large walk-in shower! The front of the home has the first guest bedroom with a stunning bay window to allow for gorgeous morning sun, a shared full bathroom, and a third bedroom that is designed to provide flexibility to become a den or true third bedroom.

The home has plenty of STORAGE with all closets, and the kitchen pantry, equipped with UPGRADED WOOD SHELVING! The 2 CAR EPOXIED GARAGE also has HANGING, OVERHEAD storage, where everything stays COOL thanks to the GARAGE AC UNIT!

• 3 Bedrooms
• 2 Bathrooms
• 2,078 Square feet under air
• Built in 2020

For a private tour, contact us at 1-941-993-3272.

Learn More About Sarasota National:

Sarasota National Golf Club is a private golf club located in Venice, Florida. This bundled golf community includes an 18-hole championship golf course which is surrounded by beautiful wetlands and preserves. The golf course caters to players at all skill levels.

In addition to world-class golf facilities, residents will enjoy access to the new Palm Club featuring a resort style pool with lap lanes, spa, poolside tiki bar, tennis courts, bocce ball, pickleball and more.

Also, members will enjoy a wide variety of social activities, a full service restaurant and bar both inside and out with both casual and fine dining options.

Learn more about Sarasota National…

Home Selling Tips

Make Your Home Listing Stand Out

Why Hire a Real Estate Agent to Sell Your Home

Home Selling Tips…

Are you considering selling your home? Call us today to learn your home’s value in today’s market – 239-370-0892.

Lee County August Housing Market Report

The August housing market report for Lee County showed 1,627 properties sold for just over $859 Million during the month. The County includes Bonita Springs, Cape Coral, Captiva, Estero, Fort Myers, Fort Myers Beach, Miromar Lakes, Sanibel, and surrounding areas.

The luxury market remained active with 132 properties sold at or above $1 Million during August. The highest-priced sale was a luxury condo in Omega at Bonita Bay for $4,025,000.

Fifty percent of the top 10 highest-priced homes sold in Lee County were luxury golf properties priced between $1,550,000 and $4,025,000. Golf communities represented were Bonita Bay, The Dunes, Bonita National, and The Sanctuary.

Lee County remains a top destination for people looking to relocate. The area is a top destination for those seeking a more tax-friendly environment. In fact, the county recently adopted its Fiscal Year 2023-24 $2.5 billion budget which includes no increases in county tax rates. Some cities within Lee County such as Estero actually reduced their tax rate.

Low local taxes combined with no state income taxes make the area a top destination for retirees and those looking for a vacation home.

Lee County August Housing Market Report – Single-Family Homes

August 2023 versus August 2022 Single Family Home Highlights:

• Closed sales increased 0.3 percent going from 1,166 transactions down to 1,169 sales.
• Pending sales decreased 10 percent down from 1,288 last August to 1,159 this August.
• Inventory increased 34.5 percent up to 4,682 properties for sale compared to this same time last year when 3,481 homes were for sale.
• New listings decreased from 1,553 down to 1,539 which was a 0.9 percent decline.
• Median days on market increased to 42 days which was a 100 percent increase versus August of 2022.
• Available inventory of single-family homes ended August with a 4.3 months’ supply of homes available for sale which was up from a 2.5 months’ supply during August of 2022.

Year-over-year trends are still a bit misleading. A more relevant picture of today’s market is a month-to-month comparison. Our overall supply of inventory was only 4.3 months as of the end of August. Although this is up significantly YOY, the increase in homes available for sale between July and August only increased 3 percent or 137 properties.

While inventory did improve slightly it is not enough to keep up with demand. As a result, as of the end of the month, the inventory levels still put us in a Seller’s market. So, if you are considering selling, there’s still time to capitalize on the market.

Unlike the Naples area where the median sales price continues to rise month-to-month, the median sales price for Lee County single-family homes was down 3.6 percent year-over-year. Additionally, the median sales price fell for the third consecutive month down to $405,810. 

Also notable are the days on market which remained low at 42 days which is only 4 days more than it was at the end of July.

So, if you live in Lee County and you want to maximize the value of your home, contact us today. Call, email, or text us for a FREE market analysis – 239.370.0892.

If you are considering buying a property, now is a good time to start watching the communities you are most interested in using our automatic property alerts. If you are not sure which communities fit your lifestyle, contact us and we’ll help you target the neighborhoods which offer the amenities and lifestyle you would like to enjoy.

Lee County August Housing Market Report – Condos and Townhomes

August 2023 versus August 2022 Condo Highlights:

• Condo sales decreased by 1.3 percent going from 464 real estate transactions down to 458 sales.
• Pending sales decreased 19.2 percent down from 495 last August to 400 this August.
• Inventory increased 90.9 percent up to 2,010 condos for sale compared to last August when there were only 1,053 units for sale.
• New listings decreased from 551 down to 534 which was a 3.1 percent decline.
• Median days to contract increased to 45 days which represented a 150 percent increase versus August of 2022.
• Available inventory of condos ended August with a 4.4 months supply of properties available for sale which was a 158.8 percent increase over last year.

Similar to single-family homes, inventory of Lee County Condos finished the month with a 4.4 months supply of condos for sale. It is the same inventory level as the prior month.

Even though we added 555 new properties to the market, between pending and closed sales we ended the month with the same amount of supply. Thus, we are well below a balanced market which would be a 6-7 months’ supply of condos for sale.

Unlike prior months, median prices increased to $345,000 up from $320,000 from last August and up from $322,500 at the end of July.

Finally, it is notable 61 percent of condo sales were paid in cash compared to 58 percent during the prior month. If you are planning on leveraging a loan for your condo purchase, you are still competing with a significant number of cash buyers.

Bottom line, like most of Florida, Lee County remains a Seller’s market for both condos and single-family homes. If the inventory remains low, and demand remains strong, prices will continue to rise.

Regardless of when you plan to purchase now or sometime in the future, if you are a buyer, it may be time to start taking a closer look at homes for sale in neighborhoods that might fit your criteria. To stay up to date sign up for automatic property alerts.

Not sure if you should sell? We will provide you with the latest market data for your neighborhood and help you decide if it makes sense to list your property. If you decide to move forward, together we will determine the optimum selling price.

Southwest Florida August Housing Market Report

2023 Lee County August Housing Market – Single Family Homes

2023 Lee County August Housing Market – Condos

Naples Golf Guy Monthly Real Estate Trends

New Listings in Southwest Florida Golf Communities

Begin Your Search for a Southwest Florida Vacation Home or Second Home:

So, if you are ready to begin your search for your dream home or condominium in Southwest Florida, we encourage you to explore our website to find information about communities in the area.  If golf is your game, we specialize in golf community real estate.

August 2023 Naples FL Housing Market Update

The latest Naples FL housing market update showed 702 properties sold for just over $965 Million. The highest-priced sale was a penthouse in Windsor at Bay Colony for $19.5 million. Additionally, 169 of the real estate transactions for the month were at or above $1 Million.

Of the top 20 highest-priced home sales, 65 percent were in luxury golf communities including, Pelican Bay, Grey Oaks, Mediterra, Quail West, Talis Park, Tiburon, and Treviso Bay.

Overall, inventory continues to sell quickly and prices are stable in the Naples housing market. Inventory ended the month with 2,618 properties for sale which represents a 7 percent increase over the same time last year.

The increase in Naples housing inventory comes after 4 straight months of declines. Although we do keep adding new listings to our inventory, it’s just not at the pace we need to keep up with demand let alone return to a balanced market of 6-7 months’ worth of supply.

As long as supply remains low and demand strong, home prices will continue to rise.

Naples FL Housing Market Update – August 2023

August 2023 versus August 2022 Highlights

• Closed sales increased 2 percent compared to August of last year.
• Overall pending sales decreased 9 percent versus the same time in 2022.
• Inventory increased 7 percent up from 2,443 homes to 2,618 homes for sale.
• Average days on market increased 74 percent up to 54 days compared to August of 2022.

In all, there were 372 single-family homes and 264 condos sold for a total of 702 sales during the month. Total property sales were 9.4 percent lower than the same time last year, however it was 17 percent more sales than the prior month.

The median single family price fell slightly from $715,835 last year down to $700,000 this August. The median sales price was also down from the prior month when it was $735,000 at the end of July.

Unlike single-family homes, the median condo sale price increased year-over-year. The median price for a condo was $485,000, up from $450,195 in August of 2022. Additionally, the median price was up from the previous month when it was $445,000.

Further, even though the number of days it took for a property to sell increased significantly over this time last year (74% increase), it remained the same as the prior month at 56 days. The typical number of days on market during a healthy market is 120 days which is well above the levels at the end of August.

Finally, the latest stats show there is only a little room for negotiation from the list price during August. The percent of list price received was 96.3 percent which is far better than 2 years ago when it was 98.8 percent of list price.

Bottom line, it remains a Seller’s market for BOTH condos and single-family homes. You still have time to cash in on the high buyer demand. What is my home worth…

With low inventory of existing homes for sale, there’s been a notable increase in buyers turning toward new construction. From ultra-luxury waterfront condos at The Kalea Bay to bundled golf communities such as coach homes in Talis Park there are a wide array of options available.  Should I use a Realtor if I’m buying New Construction?

Whether you are buying or selling, let us help you navigate this complex market. The Naples Golf Guy team members are all REALTOR® professionals who have the expertise to provide you with timely and accurate market data. Call, email or text us today for all of your real estate needs – 239.370.0892.

Naples Florida Housing Market – Luxury Golf Home Sales in August

• $19,500,000 – 8477 Bay Colony Dr. Penthouse 19 in Bay Colony at Pelican Bay with 8,550 sq. ft. (103% of list price)
• $8,750,000 – 6897 Grenadier Blvd. Unit 304 in Pelican Bay with 5,280 sq. ft. (95% of list price)
• $7,300,000 – 1372 Great Egret Trl. in Grey Oaks with 7,350 sq. ft. (91% of list price)
• $7,250,000 – 1485 Anhinga Pt. in Grey Oaks with 7,160 sq. ft. (97% of list price)
• $6,125,000 – 5945 Sunnyslope Dr. in Quail West  with 7,366 sq. ft. (88% of list price)
• $4,825,000 – 16443 Seneca Way in Talis Park with 4,257 sq. ft. (97% of list price)
• $4,700,000 – 6087 Sunnyslope Dr. in Quail West  with 3,781 sq. ft. (100% of list price)
• $4,600,000 – 6974 Greentree Dr. in Pelican Bay with 4,020 sq. ft. (90% of list price)
• $4,500,000 – 806 Brentwood Dr. in Pelican Bay with 3,573 sq. ft. (99% of list price)
• $4,426,680 – 15005 Pratolino Way in Mediterra with 5,067 sq. ft. (91% of list price)
• $4,250,000 – 1701 Venezia Way in Grey Oaks with 3,833 sq. ft. (98% of list price)
• $4,065,000 – 14419 Marsala Way in Tiburon with 4,833 sq. ft. (93% of list price)
• $3,960,000 – 9905 Montiano Dr. in Treviso Bay with 3,660 sq. ft. (95% of list price)

New Listings in Golf Communities

If you just want to keep an eye on the market, we can set up a custom property search that is fully automated or sign up for automatic property alerts.  Please feel free to call us any time to set up the alerts for you based on your criteria.

Recent Golf Property Listings

Preview the newest golf property listings for sale in Naples, Bonita Springs, Estero, Fort Myers, Bradenton, and Sarasota! Are you ready to buy or sell a luxury golf home in Southwest Florida?

There are more than 150 golf courses in southwest Florida. Over 90% of these golf courses require you to be a resident or purchase a social or golf membership. From private equity golf clubs to bundled golf communities, we have a home or condo which will fit your lifestyle.

Also, if you’re wondering why you should choose Southwest Florida, in addition to significant tax advantages (did I mention there is no state income tax, low property taxes, and no inheritance tax?), we have perfect weather and an abundance of outdoor activities, shopping, and dining to suit everyone’s lifestyle.

So, whether you are considering relocating to our area or you are looking to buy your dream home, a second, third, or fourth home, check out some of the Top Private Golf Clubs and golf homes for sale in Southwest Florida Golf Communities on the market today!

LATEST GOLF PROPERTY LISTINGS IN SOUTHWEST FLORIDA

NAPLES Golf Property Listings

BONITA SPRINGS Golf Property Listings

ESTERO Golf Property Listings

FORT MYERS Golf Property Listings

BRADENTON Golf Property Listings

SARASOTA Golf Property Listings

Which Golf Community is Right for You?

With more than 200 golf communities in Southwest Florida, finding the perfect one to call home doesn’t just feel intimidating, it is. Different golf clubs offer different amenities, courses and lifestyles. To discover what truly feels right for you requires an insider’s perspective.

From private equity golf clubs to bundled golf communities, we have a home or condo which will fit your lifestyle. With more than 20 years of experience, we can help narrow down the list of communities to those which fit your lifestyle and housing options. We will help turn the process into an easy and enjoyable one.

Our vast relationships with all the golf communities from Naples to Sarasota allow us to serve our clients by providing relevant and current information about various golf communities in Southwest Florida. We’ll help you understand the difference between our bundled golf communities and our equity/non-equity golf communities. There are advantages and disadvantages to each type of membership and community.

Once we know how often you play, other desired club amenities, property type, and a desired price range we can help you narrow the list of clubs down to a handful that will potentially offer you the Florida golf lifestyle you are looking for. Let’s get started, call 239.370.0892 or email us today.

Remote Work Is Changing How Some Buyers Search for Their Dream Homes

The way Americans work has changed in recent years, and remote work is at the forefront of this shift. Experts say it’ll continue to be popular for years to come and project that 36.2 million Americans will be working remotely by 2025. To give you some perspective, that’s a 417% increase compared to the pre-pandemic years when there were just 7 million remote workers.

If you’re in the market to buy a home and you work remotely either full or part-time, this trend is a game-changer. It can help you overcome some of today’s affordability and housing inventory challenges.

How Remote Work Helps with Affordability

Remote or hybrid work allows you to change how you approach your home search. Since you’re no longer commuting every day, you may not feel it’s as essential to live near your office. If you’re willing to move a bit further out in the suburbs instead of the city, you could open up your pool of affordable options. In a recent study, Fannie Mae explains:

“Home affordability may also be a reason why we saw an increase in remote workers’ willingness to relocate or live farther away from their workplace . . .”

If you’re thinking about moving, having this kind of location flexibility can boost your chances of finding a home that fits your budget. Work with your agent to cast a wider net that includes additional areas with a lower cost of living.

More Work Flexibility Means More Home Options

And as you broaden your search to include more affordable options, you may also find you have the chance to get more features for your money too. Given the low supply of homes for sale, finding a home that fits all your wants and needs can be challenging.

By opening up your search, you’ll give yourself a bigger pool of options to choose from, and that makes it easier to find a home that truly fits your lifestyle. This could include homes with more square footage, diverse home styles, and a wider range of neighborhood amenities that were previously out of reach.

Historically, living close to work was a sought-after perk, often coming with a hefty price tag. But now, the dynamics have changed. If you work from home, you have the freedom to choose where you want to live without the burden of long daily commutes. This shift allows you to focus more on finding a home that is affordable and delivers on your dream home features.

Bottom Line

Remote work goes beyond job flexibility. It’s a chance to broaden your horizons in your home search. Without being bound to a fixed location, you have the freedom to explore all of your options. Let’s connect to find out how this freedom can lead you to your ideal home.

September 23rd, 2023 Posted by Matt

Foxfire Condo Sold!

Another Foxfire Condo Sold! Congratulations to our clients from Massachusetts who just closed on this golf condo in an excellent Naples bundled golf community.

Foxfire Condo Sold – 5351 Fox Hollow Dr. Unit 301 Naples, FL – $481,500

More About this Naples Florida Foxfire Condo:

This highly sought after end unit overlooking the golf course in Foxfire Country Club is light and bright. Gleaming hardwood floors, updated kitchen with quartz counter tops and stainless steel appliances.

This Verandah unit with two bedrooms plus a den and 2 bathrooms offers an open courtyard in the front of the unit and an enclosed sunroom with panoramic views of the golf course. Conveniently located to the clubhouse and all the amenities Foxfire CC has to offer.

• Bedrooms: 2 plus den
• Bathrooms: 2
• Square ft.: 1,663
• Year Built: 1984

Are you considering buying or selling a home in Foxfire? Contact us today!

More About Foxfire Country Club

Foxfire Country Club is a gated community of condos, villas and single family homes with equity membership and home purchase. There are 27 holes of golf on 385 acres designed by Arthur Hills.

Each of the six associations in Foxfire offers a swimming pool and tennis courts. The club is in the midst of significant renovations of the main clubhouse, bar and grill, and fitness center. In addition the club offers Bocce Ball, plus a wide array of social amenities.

Naples Florida Foxfire Country Club single family homes start at $485,000 and condos start at $267,000.  Learn more about Foxfire Country Club…

Not sure which golf community is right for you? Let us be your guide. Call or text us today at 239.370.0892.

September 22nd, 2023 Posted by Matt

Spanish Wells Condo Just Listed!

Turnkey Furnished Spanish Wells Condo Just Listed is on the first floor and overlooks the golf course in a North Naples gated golf community.

9855 Costa Mesa Ln. Unit 403 Bonita Springs, FL – $359,000

More About this Spanish Wells Condo for Sale:

This beautifully appointed condo is in a PRIME location, just west of US-41. Conveniently located 3 miles to the sandy white beaches of the Gulf of Mexico. Enjoy your morning coffee on the tiled lanai with outstanding golf course and water views. Plantation shutters and granite countertops are just a few of the updated finishes throughout the condo.

A 1-car detached GARAGE and GOLF CART GARAGE are deeded to the property, along with an assigned parking space. Roll-down shutters on the lanai offer storm protection in the summer months.

And after a round of golf enjoy relaxation lounging at the pool, only steps away from the property. A 27-hole golf membership to Spanish Wells is optional.

• 2 Bedrooms
• 2 Bathrooms
• 1,146 Square feet under air
• Built in 1992

Virtual Tour…

For a private tour, contact us at 239-777-8870.

Learn More About Spanish Wells:

Spanish Wells Country Club is a gated golf community located in Bonita Springs, FL.  The community is situated on 600 acres that were originally planned with an 18-hole golf course designed by Gordon Lewis. Designer Bruce Howard added an additional nine holes in 1996. Water hazards are the main obstacles on these courses as they come into play several times.

Hidden in the beachy town of Bonita Springs which is Southwest Florida’s best-kept secret.  Spanish Wells Golf & Country Club provides a fun and active lifestyle for Club Members with a 27-hole Championship Golf Course. Additional amenities include a Fitness Center, Bocce Courts, Pickleball, Bocce, a Relaxing Heated Pool, and 3 Har Tru Tennis Courts with a premier playing surface!

This gated community is conveniently located in Bonita Springs only minutes from shopping, dining, and the pristine white sandy beaches of the gulf coast.

Learn more…

Home Selling Tips

Make Your Home Listing Stand Out

Why Hire a Real Estate Agent to Sell Your Home

Home Selling Tips…

Are you considering selling your home? Call us today to learn your home’s value in today’s market – 239-370-0892.