Sarasota Real Estate Trends

The latest Sarasota real estate trends showed 967 properties sold for just over $601.6 Million during July for the North Port, Sarasota, and Bradenton areas. Like the rest of Southwest Florida, inventory more than doubled compared to the same time last year.

However, it is important to note inventory was extremely low last year. Like the previous month, even though supply has increased, the greater Sarasota area ended the month with less than a 2 months’ supply of properties for sale. A healthy market would be at least 6 months.

Additionally, property prices continued their upward trend. Although both single family homes and condos saw double-digit increases in the median sales price compared to July of last year, the median price was lower than this June. The trend in median sales prices combined with increased inventory are indications we have started the journey towards a balanced market.

Whether you are buying or selling a home, it is important to keep track of local market trends. What is happening in resort destinations such as Sarasota is quite different than the suburbs of a major metropolitan area. If you have questions about a specific area or neighborhood, contact us for more information.

Sarasota Real Estate Trends – Single Family Homes

July 2022 versus July 2021 Single Family Home Highlights:

• Closed sales decreased 23.1 percent going from 882 transactions down to 678 sales.
• Pending sales decreased 14.3 percent down from 748 last July versus 641 this July.
• Inventory rose 112.3 percent up to 1,550 properties for sale compared to this same time last year when just 730 homes were for sale.
• New listings increased from 941 up to 959 which was a 1.9 percent increase.
• Median days on market increased to 10 days which was up from 5 days during last July.
• Available inventory of single-family homes ended July with 2 months’ supply of homes available for sale which was up 150 percent increase over this time last year.

With the low supply and high demand, sellers continue to have the advantage in the Sarasota housing market. Yet, this market will not last forever. There is still time to maximize the value of your home in this market. So, if you are considering selling, call, email or text us today – 239.370.0892 for a complimentary market analysis.

On the flip side, if you have been sitting on the sidelines waiting to buy a property, now may be a good time to start watching for properties which meet your criteria. New listings are hitting the market every day, we can help you with automatic property alerts.

Sarasota Real Estate Trends – Condos and Townhomes

July 2022 versus July 2021 Condo Highlights:

• Condo sales decreased 24.5 percent going from 383 real estate transactions down to 289 sales.
• Pending sales decreased 19.5 percent down from 723 last July to 582 this July.
• Inventory increased 121.2 percent up to 626 condos for sale compared to last July when there were only 283 units for sale.
• New listings increased from 333 up to 377 which was a 13.2 percent increase.
• Median days to contract was 10 days which was up from 6 days last year.
• Available inventory of condos ended July with 1.6 months’ supply of properties available for sale which was a 166.7 percent increase.

Between closed sales and pending sales, inventory remains extremely low despite the new listings added. As a result, the median sales price continued its upward trend, ending the month with a 24.1 percent increase year-over-year. Yet, the median prices were lower than June when it was a 34.4 percent increase year-over year. Like single-family homes, as long as inventory remains low, prices will continue to rise.

Bottom line, it remains a seller’s market for both condos and single-family homes. So now would be a great time to cash in on the high buyer demand. You might be surprised to learn how much your home is worth in today’s market. What is my home worth…

Whether you are buying or selling we have real estate specialists who cover the 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

Naples Golf Guy Monthly Newsletter – NEW!

July 2022 Sarasota County Single Family Home Sales

July 2022 Sarasota County Condo Sales

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

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 27th, 2022, Posted by NaplesGolfGuy

Lee County July Housing Market Update

The July housing market update for Lee County showed more than $839 Million worth of properties closed during the month.

Similar to the rest of Southwest Florida, inventory increased significantly in July. Single-family inventory doubled and condos rose 81.7 percent. Overall, inventory rose just over 95 percent.

At first glance, the increase seems extraordinary. Yes, it is a step in the right direction. However, we are a long way from a balanced market which is a 6 to 7 months’ supply of homes for sale. As of July 31st, overall inventory is approximately a 2 months’ supply.

So, if you are wondering if prices are going to fall, keep in mind either supply would have to triple, or demand would need to drop significantly before we would see a balanced market, let alone prices fall below existing closed sales.

Sellers continued to adjust their “list prices” to reflect current market values. While the median sales price for both single family homes and condos saw a double-digit increases over July of last year, they were down slightly compared to June of this year. The slight decrease from the prior month is another indication we are moving towards a balanced market.

Lee County July Housing Market Update – Single Family Homes

July 2022 versus July 2021 Single Family Home Highlights:

• Closed sales decreased 22.6 percent going from 1,509 transactions down to 1,168 sales.
• Pending sales decreased 23.4 percent down from 1,574 last July versus 1,206 this July.
• Inventory increased 100 percent up to 3,442 properties for sale compared to this same time last year when 1,721 homes were for sale.
• New listings increased from 1,611 up to 1,737 which was a 7.8 percent increase.
• Median days on market increased to 16 days which was a 60 percent increase versus July of 2021.
• Available inventory of single-family homes ended July with a 2.5 months’ supply of homes available for sale which was up from 1.1 months’ supply during July 2021.

Since-family homes showed a modest increase in the median sales price, up 16.7 percent over July of last year. However, it was lower than June’s year-over-year increase which was 23.3 percent. If you are a Seller, you still have time to capture the top of the market.

For Sellers, the peak has come and gone. However, you still have the opportunity to sell at a premium price. It is important for both sellers and buyers to know the days of multiple offers above list price within 24 hours are over. Buyers are now taking their time in evaluating properties to ensure they find one that will fit their lifestyle and at a price they can justify. Call, email, or text us today to discuss your home’s value in today’s market. What is my home worth…

If you are considering buying a property, there are twice as many properties to choose from! At the same time, finding the right property may take time. To stay on top of new properties hitting the market sign up for automatic property alerts.

Lee County July Housing Market Update – Condos and Townhomes

July 2022 versus July 2021 Condo Highlights:

• Condo sales decreased 31.8 percent going from 708 real estate transactions down to 483 sales.
• Pending sales decreased 30.3 percent down from 661 last July to 461 this July.
• Inventory increased 81.7 percent up to 1,025 condos for sale compared to last July when there were only 564 units for sale.
• New listings decreased from 610 down to 551 which was a 9.7 percent increase.
• Median days to contract increased to 14 days which represented a 27.3 percent increase versus July of 2021.
• Available inventory of condos ended July with a 1.6 months’ supply of properties available for sale which was a 128.6 percent increase!

Despite the increase in inventory, the Lee County Condo market remains a strong Seller’s market. The number of condos for sale remains extremely low at just a 1.6 month’s supply. A balanced market would be a 6-7 months’ supply of homes for sale. Like last month due to low inventory both pending and closed sales were down year-over-year.

Additionally, if you are considering selling, new listings continued to sell quickly. Days on market remained extremely low at just 14 days from the day a condo was listed to contract. Also, both the median and average price continued to rise during July up 36.5 percent and 22.2 percent, respectively. As more inventory is added, we expect prices to start to level out.

If you are a buyer and you have been sitting on the sidelines, it may be time to start taking a closer look at homes for sale. Depending on the neighborhood, you may be surprised at the number of properties available. To stay up to date sign up for automatic property alerts.

Bottom line, it is a seller’s market for both condos and single-family homes. So now would be a great time to cash in on the high buyer demand. You might be surprised to learn how much your home is worth in today’s market. Wondering what the benefits are of using an agent sell your home? What is my home worth…

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

Southwest Florida July Housing Market Update

Naples Golf Guy Monthly Newsletter – NEW!

2022 Lee County July Single Family Home Sales

2022 Lee County July Condo Sales

Naples July Real Estate Review

Begin Your Own 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 26th, 2022, Posted by NaplesGolfGuy

Southwest Florida Golf Homes Just Listed

Preview golf homes just listed 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 also 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!

GOLF HOMES JUSTED LISTED BY LOCATION

NAPLES Homes for Sale

BONITA SPRINGS Homes for Sale

ESTERO Homes for Sale

FORT MYERS Homes for Sale

BRADENTON Homes for Sale

SARASOTA Homes for Sale

Begin Searching for Your Own Vacation Home:

2022 Naples July Real Estate Recap

The latest Naples July real estate recap showed 662 properties sold for just over $950 Million! The largest sale was a Port Royal home for $19,900,000. Additionally, the luxury market remained strong as evident by the 139 properties sold at or above $1 Million.

Once again inventory increased compared to last year. The month ended with 2,429 properties for sale. While the increase is good news, it is just a step in the right direction.

At first glance an 88 percent increase in inventory seems like a lot. Yet, if you compare the number of homes for sale this July against July of 2019 when we had 5,200 properties on the market you can see we have a way to go before we return to a normal environment.

Market experts reviewing the July report say buyers should not expect home values to drop dramatically. Year-over-year growth has slowed; however, demand remains high, and inventory remains low.

For Sellers, the peak has come and gone. However, you still have the opportunity to sell at a premium price. It is important for both sellers and buyers to know the days of multiple offers above list price within 24 hours are over. Buyers are now taking their time in evaluating properties to ensure they find one that will fit their lifestyle and at a price they can justify.

Naples July Real Estate Recap

July 2022 versus July 2021 Highlights

• Closed sales decreased 43 percent compared to July of last year.
• Overall pending sales decreased 34 percent versus the same time.
• Inventory increased 88 percent up from 1,295 homes to 2,429 homes for sale.
• Average days on market fell 7 percent down to 26 days.

In all, there were 324 single-family homes and 338 condos sold for a total of 662 sales during the month which was a 43.4 percent decrease over last year. Single-family homes saw a modest increase in the median price which rose 17.7 percent up to $730,000. Condos saw a larger increase up 21.9 percent up to $426,500. While these numbers are up over last July, the overall median sales price decreased 9.8 percent compared to June of this year. This is just one indication we have started the journey back towards a normal market.

Additionally, we also saw a decrease in the percentage of current list price received by a Seller. Single-family homes came in at 97.4 percent compared to 99.2 percent at the same point last year and condos were at 98.3 percent versus 99.4 percent in 2021. 

Also, there were 905 price reductions compared to just 293 in July of last year. Similar to the previous month, many of the price reductions were on properties which overpriced from the get-go. If you are considering selling, pricing strategy plays a key role in the home selling process and can mean the difference between selling right away or sitting on the market for months.

The Naples Golf Guy team members are all REALTOR® professionals who have the ability and expertise to provide you with an accurate market comparison using current market data. Call, email or text us today for a FREE home evaluation – 239.370.0892.

On the other hand, if you are a buyer, you now have more options due to the increased inventory. Also, properties are staying on the market longer than they were in June when it was just 18 days compared to 26 days in July. One note of caution, there are still some neighborhoods with zero or extremely limited inventory. If you are planning a purchase in such a neighborhood, you still need to be prepared to move quickly.

Whether you are considering buying now or in the future, sign up for automatic property alerts or call us and we’ll set up the alerts for you based on your criteria.

Naples Luxury Home Sales in Exclusive Golf Communities for July

• $7,649,000 – 6598 Ridgewood Dr. in Pelican Bay with 4,988 sq. ft. (100% of list price)
• $5,850,000 – 2927 Indigobush Way in Grey Oaks with 4,385 sq. ft. (100% of list price)
• $4,700,00 – 7935 Vizcaya Way in Pelican Bay with 3,724 sq. ft. (98% of list price)
• $4,550,000 –8787 Bay Colony Dr. Unit 1405 in Pelican Bay with 3,415 sq. ft. (106% of list price)
• $4,450,000 – 29020 Marcello Way in Mediterra with 4,353 sq. ft. (93% of list price)
• $4,200,000 – 4235 Cortland Way in Quail West with 4,207 sq. ft. (84% of list price)

View large single-family homes for sale in Naples golf communities…

View large single-family Naples luxury homes for sale…

Considering Selling Your Naples Home?

With 20 years of experience helping sellers with their golf community real estate needs, we would like to share our strategy for how we’re helping maximize the number of offers homeowners are receiving and ultimately higher sales prices.

Our team is committed to extraordinary customer service with an emphasis on detail and frequent communication.

We collaborate with our sellers to design and implement a customized marketing campaign to present your property to maximize your exposure to potential buyers. We are dedicated to making the sales process easy for you and your family.

We would very much like to meet you and learn about your home and help provide a stress-free selling environment for you and your family. As you may well know, opportunities such as today’s market for sellers only comes every so often.

Call, email or text us today for all of your real estate needs – 239.370.0892.

Home Selling Tips…

Naples Golf Guy Monthly Newsletter – NEW!

July 2022 Naples Real Estate Statistics

Results You Can Count On

Another Luxury Quarry Condo Closed!

Another Luxury Quarry Condo sold in Naples Florida! Congratulations to a wonderful couple from New Jersey who just closed on this fantastic golf condo and are ready to start living the Southwest Florida lifestyle! This condo is located in The Quarry Golf Club, which is a top private country club in North Naples.

9525 Ironstone Terrace Unit 202 – Sold Price – $789,900

More About This Quarry Condo:

A beautiful second floor condo overlooking the golf course and expansive lake offering spectacular views of our Naples sunsets. Professionally decorated, this turnkey furnished home features soaring ceilings, open floor plan and upgrades throughout!

• Bedrooms: 2
• Bathrooms: 2
• Square ft.: 1,125
• Year Built: 1988

Are you considering buying or selling a home in a Southwest Florida golf community? Call or text us today – 239.370.0892

More About The Quarry Golf Club:

The Quarry is a private country club located in North Naples.  A truly remarkable par 72 golf course winds its way around neighborhoods, lakes and more than 800 acres of pristine native preserves. The focal point of the community is Stone Lake which was created from the remnants of an old limestone quarry.  The communities lakes are vast and there are ample opportunities for water activities including water skiing!  Unlike most of the other Naples golf communities, The Quarry has its own beach club on an expansive lake in the center of the community.

This community consists of a variety of single family homes and condos.  There are 11 different home designs ranging from 1,600 to 4,400 square feet to choose from.  In addition to access to the golf course, residents of The Quarry have access to a plethora of amenities including 6 Lighted Tennis Courts, Pickleball, Bocce Ball, and Fitness Center.

A resort style pool and Beach Club offers breathtaking views of the lake. Additional, a pool-side Ticki Bar offers casual dining options. Finally, more formal dining options are available at the main clubhouse overlooking the golf course.

Begin Your Own Property Search for the Best Luxury Golf Properties:

August 20th 2022, Posted by NaplesGolfGuy

June Weekly Home Sales Review for Naples Florida

The latest June weekly home sales review for Naples for the week of the 20th showed 196 Homes Sold down from 280 sales during the prior week. The highest priced property sold in Aqualane Shores for $6,550,000.

North Naples moved back into the top spot with 42 home sales up slightly from 41 homes sales during the prior week. Real estate transactions consisted of 7 percent vacant lots, 43 percent were single family homes and 50 percent were condos.

East Naples slid into the 2nd position with 39 real estate transactions down from 55 transactions during the previous week. Home sales consisted of 26 percent vacant lots, 26 percent single family homes and 48 percent were condos.

Finally, the City of Naples ended the week with30 property sales down slightly from 35 property sales during the week of June 20th. Naples property sales were made up of 33 percent single family homes and 67 percent condos.

In summary, the Naples home sales recap for the week of June 20th showed sales were broken down as follows: 86 condos, 57 single family homes, and 53 vacant lots.

Naples Luxury Home Sales

Thirty-seven homes sold during the week. Luxury home prices ranged from $1,000,000 to $13,500,000.

• $1,000,000 – $1,999,999 price range – 24 homes sold
• $2,000,000 – $2,999,999 price range – 6 homes sold
• $3,000,000 – $4,999,999 price range – 4 homes sold
• $5,999,000 – $9,999,999 price range – 3 homes sold
• $10,000,000 plus – 0 homes sold

Naples June Weekly Real Estate Recap – Organized by zip code:

City of Naples

• 34102 – 11 properties sold (4 single family homes and 7 condos)
• 34103 – 9 properties sold (3 single family homes and 6 condos)
• 34105 – 10 properties sold (3 single family homes and 7 condos)

North Naples

• 34109 – 10 properties sold (4 single family homes and 6 condos)
• 34110 – 14 properties sold (2 vacant lots, 2 single family homes and 10 condos)
• 34119 – 18 properties sold (1 vacant lot, 12 single family homes and 5 condos)

East Naples

• 34104 – 9 properties sold (2 single family homes and 7 condos)
• 34112 – 18 properties sold (3 vacant lots, 4 single family homes and 11 condos)
• 34113 – 12 properties sold (7 vacant lots, 4 single family homes and 1 condo)

Ave Maria and Immokalee

• 34142 – 9 properties sold (6 vacant lots and 3 single family homes)

Barefoot Beach

• 34134 – 3 properties sold (1 single family home and 2 condos)

Big Cypress

• 34117 – 8 properties sold (4 vacant lots and 4 single family homes)

Coco River

• 34108 – 8 sold properties (1 single family home and 7 condos)

Corkscrew

• 34120 – 18 properties sold (13 vacant lots, 3 single family homes and 2 condos)

Eastern Collier County

• 34114 – 27 properties sold (16 vacant lots, 4 single family homes and 7 condos)
• 34116 – 5 properties sold (3 single family homes and 2 condos)

Marco Island

• 34145 – 8 properties sold (1 vacant lot, 1 single family home and 6 condos)

Southwest Florida Real Estate Trends

Naples Golf Guy Monthly Market Report

Luxury Golf Community Trends

Golf Community Homes Just Listed

Our Eighth Heritage Bay Property Under Contract!

Our eighth Heritage Bay property pending sale this year! Congratulations to our clients from Canada who just went to contract on this fantastic vacation condo in a top Naples bundled golf community.

Heritage Bay – 10317 Heritage Bay Blvd. Unit 1422 Naples, FL – List Price $449,900

More About this Heritage Bay Property Under Contract:

This first floor Terrace condo is an end unit with a spectacular view of the golf course. The popular Brookside model has an open floor plan with a spacious living area, ding room and kitchen. Turnkey furnished, just pack your bags, move-in and start enjoying the country club lifestyle!

A full golf membership to 27 championship holes  is  included with the purchase of this Heritage Bay condo.

• Two Bedrooms
• Two Bathrooms
• 1,232 Square feet under air
• Year Built: 2006

If you are considering selling, you still have an opportunity to maximize the value of your home. Call or text us today.

More About Heritage Bay Golf & Country Club

Heritage Bay is a bundled golf community located in North Naples.  Your membership fees will be included in the purchase of the home and monthly dues are included in your regular community fees.  The golf course was designed by Gordon Lewis and Jed Azinger and includes spacious fairways and undulating greens.  Also, there is a large practice area with an aqua range and short game area.

Additionally, the club recently completed a $10 million improvement project to enhance the amenities for all residents of Heritage Bay. There is a brand new resort-style pool with a full service outdoor restaurant. The clubhouse has an updated Grille room overlooking the golf course and offers a casual dining option for members to enjoy after a round of golf.

Beyond golf, club amenities include 7 Har-Tru tennis courts, fitness center, pickleball courts, bocce courts and a full social calendar!

Finally, the golf course is surrounded by single family homes which range from $790,000 to $1,395,000 and condos range from $350,000 to $760,000.  Learn more about Heritage Bay…

Begin Your Own Property Search for the Best Luxury Golf Properties:

Colliers Reserve Luxury Home Under Contract

This Colliers Reserve luxury home just went to contract. Congratulations to our clients, with the help of the Naples Golf Guy Team, who found this fabulous golf home overlooking the golf course in one of the top golf communities in Naples FL.

Collier’s Reserve – 1484 Gormican Ln, Naples, FL 34110 – List Price $2,495,000

More About This Collier’s Reserve Luxury Home

This single-family ranch-style home overlooks the 13^th hole of the picturesque Audubon Sanctuary designated golf course. Located in North Naples, Florida, the new owners will enjoy the private setting from the beautiful lanai with their own pool and spa. A custom-designed home with 4 bedrooms plus den and 4 bathrooms, providing plenty of room for the entire family. Interior features include soaring ceilings and wide open floor plan with split bedrooms.

• Four Bedrooms Plus Den
• Four Full Bathrooms
• Three Car Garage
• Golf Course View
• 3,591 Square Feet Under Air
• Built in 1999

Are you considering selling your home in Collier’s Reserve? Let’s connect to discuss your home’s value in today’s market.

More About Collier’s Reserve

Collier’s Reserve is a private gated golf community featuring an 18-hole championship golf course designed by Arthur Hills. In addition to golf, the club offers a wide array of amenities including a state-of-the-art fitness center, lap pool, bocce ball courts, pickleball courts, Har-Tru tennis courts, doggie park and a unique opportunity to kayak to the Gulf of Mexico from the private boathouse.

Designated as one of the healthiest clubs in America, members of this private country club are focused on health and wellness through both physical activities as well as dining options.

Collier’s Reserve is a private gated community with 224 custom single-family homes.  Located along the Cocohatchee River and just two miles from the beaches.  Conveniently situated near world class shopping and fine dining.

Learn more about Collier’s Reserve…

Another Heritage Bay Property Under Contract!

Another Heritage Bay property pending sale! Congratulations to our clients from Maryland who just went to contract on this fantastic vacation condo in one of the best Naples bundled golf communities.

Heritage Bay – 10317 Heritage Bay Blvd. Unit 1422 Naples, FL – List Price $420,000

More About this Heritage Bay Property Under Contract:

This first floor Terrace condo is an end unit with a spectacular view of the golf course. The popular Brookside model has an open floor plan with a spacious living area, ding room and kitchen. Turnkey furnished, just pack your bags, move-in and start enjoying the country club lifestyle!

A full golf membership to 27 championship holes  is  included with the purchase of this Heritage Bay condo.

• Two Bedrooms
• Two Bathrooms
• 1,232 Square feet under air
• Year Built: 2006

If you are considering selling, you still have an opportunity to maximize the value of your home. Call or text us today.

More About Heritage Bay Golf & Country Club

Heritage Bay is a bundled golf community located in North Naples.  Your membership fees will be included in the purchase of the home and monthly dues are included in your regular community fees.  The golf course was designed by Gordon Lewis and Jed Azinger and includes spacious fairways and undulating greens.  Also, there is a large practice area with an aqua range and short game area.

Additionally, the club recently completed a $10 million improvement project to enhance the amenities for all residents of Heritage Bay. There is a brand new resort-style pool with a full service outdoor restaurant. The clubhouse has an updated Grille room overlooking the golf course and offers a casual dining option for members to enjoy after a round of golf.

Beyond golf, club amenities include 7 Har-Tru tennis courts, fitness center, pickleball courts, bocce courts and a full social calendar!

Finally, the golf course is surrounded by single family homes which range from $790,000 to $1,395,000 and condos range from $350,000 to $760,000.  Learn more about Heritage Bay…

Begin Your Own Property Search for the Best Luxury Golf Properties:

Southwest Florida July Weekly Home Sales Recap

The latest Southwest Florida July Weekly Home Sales recap for Bonita Springs, Estero and Southern Fort Myers showed 103 properties sold during the week of the 23rd down from 209 sales during the previous week.

Southern Fort Myers was in the number one position with 67 real estate transactions down from 86 home sales during the prior week. Sales were as follows: 4 percent were commercial units, 48 percent vacant lots, 16 percent were condos and 30 percent were single family homes.

Bonita Springs moved up to the second spot with 35 home sales compared to the previous week when there were 58 transactions. The Bonita property sales were divided as follows: 11 percent were vacant lots, 34 percent were condos and 49 percent were single family homes. In addition, two commercial units sold during the week.

Finally, Estero rounded out the week in the third spot with 30 property sales down from 64 sales during the week of the 16th. Home sales were split between multiple property types. Of the 30 sales, 17 percent were single family homes, 33 percent were condos, and 39 percent were vacant lots . The other properties sold were a commercial unit and 3 mobile homes.

In review, based on the real estate transactions report for the week, property sales were broken down by the following types in Southwest Florida: 55 single family homes, 37 vacant lots, 33 condos, 6 commercial units, 1 mobile home, and 1 agricultural lot.

Southwest Florida Luxury Property Sales

Nineteen luxury properties sold during the week above $1,000,000.

• $1,000,000 – $1,999,999 price range – 12 homes sold
• $2,000,000 – $2,999,999 price range – 6 homes sold
• $3,000,000 – $4,999,999 price range – 1 home sold
• $5,999,000 – $9,999,999 price range – 0 homes sold
• $10,000,000 plus – 0 properties sold

July Weekly Home Sales Recap – Organized by Zip Code

Bonita Springs

• 34134 – 9 properties sold (7 single family homes and 2 condos)
• 34135 – 26 properties sold (2 commercial units, 4 vacant lots, 10 single family homes and 10 condos)

Southern Fort Myers

• 33912 – 9 properties sold (3 commercial units, 1 single family home and 5 condos)
• 33913 – 50 properties sold (31 vacant lots, 13 single family homes and 6 condos)
• 33967 – 8 properties sold (1 commercial unit, 1 vacant lot and 6 single family homes)

Estero

• 33928 – 23 properties sold (1 mobile home, 1 agricultural lot, 13 vacant lots and 8 condos)
• 33967 – 1 property sold (1 condo)
• 34135 – 6 properties sold (5 single family homes and 1 condo)

Miromar Lakes

• 33913 – 1 property sold (1 vacant lot)

Southwest Florida Sales Reports:

Naples Golf Guy Monthly Market Report

Luxury Golf Community Trends

Golf Community Homes Just Listed

Considering Selling Your Naples Home? Why Work with an Experienced Real Estate Agent