Market Statistics & News

Sarasota Real Estate Review

Sarasota Real Estate Review

Sarasota Real Estate ReviewThe latest Sarasota real estate review showed 974 properties sold for just over $604 Million during August 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 just a 2 months’ supply of properties for sale. When August 2022 housing inventory is compared to August to of 2019 before the pandemic, it is down 43 percent. Since a healthy market would be at least 6 months’ worth of homes for sale, Sellers are still in the driver’s seat.

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

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 Review – Single Family Homes

Sarasota Real Estate Review Single Family Homes

 

August 2022 versus August 2021 Single Family Home Highlights:

  • Closed sales decreased 16.8 percent going from 815 transactions down to 678 sales.
  • Pending sales decreased 15.1 percent down from 794 last August versus 674 this August.
  • Inventory rose 107.2 percent up to 1,577 properties for sale compared to this same time last year when just 761 homes were for sale.
  • New listings decreased from 919 down to 847 which was a 7.8 percent decrease.
  • Median days on market increased to 14 days which was up from 6 days during last August.
  • Available inventory of single-family homes ended August with 2 months’ supply of homes available for sale which was up 150 percent increase over this time last year.

While it is good news for buyers that inventory has increased over this time last year, it did n0t change much from July when there were 1,550 single family homes for sale compared to August when there were 1,577 active listings. And when you compare it to 2019, we had 2,365 homes for sale. 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 and it has clearly changed over the past couple of months as evidenced by the increase in inventory and days on market. If you are considering selling a home in the Sarasota area, there’s still time to maximize the value of your home in today’s market.

Thinking of 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 Review – Condos and Townhomes

Sarasota Real Estate Review Condos

 

August 2022 versus August 2021 Condo Highlights:

  • Condo sales decreased 13.2 percent going from 341 real estate transactions down to 296 sales.
  • Pending sales decreased 6.9 percent down from 332 last August to 309 this August.
  • Inventory increased 100.7 percent up to 588 condos for sale compared to last August when there were only 293 units for sale.
  • New listings decreased from 352 down to 333 which was a 5.4 percent decrease.
  • Median days to contract was 14 days which was up from 6 days last year.
  • Available inventory of condos ended August with a 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. Unlike the previous month, the number of new listings declined putting further pressure on an already limited supply of condos for sale. As a result, the median sales price continued its upward trend, ending the month with a 19 percent increase year-over-year. Yet, the median prices were lower than both June and July.

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 Market Report – NEW!

August 2022 Sarasota County Real Estate Statistics for Single Family Homes

August 2022 Sarasota County Real Estate Statistics for Condos

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

swfl homes for saleIf 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.

There are more than 150 different golf communities in our area and most of them have a private golf course within the community.  It can be challenging to navigate the plethora of communities, membership options, golf course design, amenities and more. We will help provide you with a list of the top private golf communities which match your lifestyle.

Also, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours.  There is no cost for you to have an agent represent you. In fact, we may be able to help you save money and negotiate for extras which the builder may not let you know about.

Lastly, we will manage all contract negotiations via paperless transactions for your property from offer to close!

Should I use a Realtor if I’m buying New Construction?

Time to Sell Your Home?

Golden Opportunity to sell your home with the Naples Golf GuyIt is a seller’s market so why should you work with a realtor? Do you have the time? There are over 180 actions required to successfully complete a real estate transaction. From scheduling showings, contract negotiations, organizing inspectors, attorneys, title companies and a mountain of paperwork.

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

As an experienced real estate team, we have made a career out of helping people sell homes in premier golf communities. 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.

Why Hire a Real Estate Agent to Sell Your Home

Should I Use a Realtor or Sell on My Own?

Home Selling Tips…

Results You Can Count On

The Naples Golf Guy Team is committed to extraordinary customer service with an emphasis on detail. Professionalism, integrity, and discretion are not goals, they are standards. We collaborate with our sellers to design and implement a customized marketing campaign to present your property to the world. If you are a buyer, we are committed to helping you find the community which will allow you to live the ultimate Florida lifestyle in Paradise.


Naples Golf GuyLuxury Real Estate AgentThe above information was provided by Naples Golf Guy, Matt Klinowski PA, an expert in Southwest Florida real estate for nearly 20 years.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

September 25th, 2022, Posted by NaplesGolfGuy

SWFL Golf Homes Just Listed

SWFL Golf Homes Just Listed

New Golf Community Homes For SalePreview SWFL 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!

SWFL 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:

search for New Golf Homes for SaleSo, if you’re ready to begin your search for properties for sale in a top private golf club in Southwest Florida, we encourage you to explore our website to find information.  If golf is your game, we specialize in golf community real estate and would be happy to help you navigate the various golf communities to find the best golf homes available.

If you prefer a more direct approach, we will provide a list of golf homes that meet your criteria and/or communities that meet your needs. For more information about the best properties in private golf clubs in southwest Florida please reach out to us directly!

What is Your Home Worth in Today’s Market?

sell your home with the Naples Golf GuyWhile it is still a seller’s market, it won’t last forever. Inventory is starting to increase offering buyers more options. Additionally, we are starting to see prices drop on homes recently listed.

If you are considering selling, keep in mind there are over 180 actions required to successfully complete a real estate transaction. From scheduling showings, contract negotiations, organizing inspectors, attorneys, title companies and a mountain of paperwork.

With nearly 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 the world. We are dedicated to making the sales process easier 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 a FREE market analysis – 239.370.0892.

Results You Can Count On

The Naples Golf Guy Team, as seen on Forbes, is committed to extraordinary customer service with an emphasis on detail. Professionalism, integrity, and discretion are not goals, they are standards. We collaborate with our sellers to design and implement a customized marketing campaign to present your property to the world. If you are a buyer, we are committed to helping you find the community which will allow you to live the ultimate Florida lifestyle in Paradise.


Naples Golf GuyLuxury Real Estate AgentThe above information was written by Naples Golf Guy, Matt Klinowski PA, an expert in Southwest Florida real estate for 20 years.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

September 23rd, 2022, Posted by NaplesGolfGuy

August Housing Market Update

Lee County August Housing Market Update

Florida homes for saleThe August housing market update for Lee County showed 1,630 properties sold for just over $862 Million during the month. The luxury market remained strong with 116 properties which sold at or above $1 Million.

On a positive note, similar to last month, we saw a significant increase in inventory which was up just over 90 percent compared to the same time last year. However, it’s important to note, inventory levels are still well below normal levels for this time of year. In August of 2019, prior to the pandemic, there were 7,784 properties for sale. This year, even though inventory has double year-over-year, we still only have 4,534 properties on the market.

Also, there’s just over a 2 months’ supply of homes for sale which means we are still in a Seller’s market. Is it possible we’ll double inventory again? It is possible, however if you look at the change in inventory from July to August, there was only a 2 percent increase in the number of properties for sale.

The good news for buyers is there are more properties to chose from and in most cased you have more time to try to find the right property. If you are buying, it’s important to know it is still a Seller’s market and homeowners continue to sell their properties close to list price.

Finally, Sellers continued to adjust their “list prices” to reflect current market values which is why you may have seen price reductions. However, it is rare to see a property sell for less than previously closed sales.

Lee County August Housing Market Update – Single Family Homes

Lee County August Housing Market Update Single Family Homes

 

August 2022 versus August 2021 Single Family Home Highlights:

  • Closed sales decreased 14.5 percent going from 1,363 transactions down to 1,166 sales.
  • Pending sales decreased 20.1 percent down from 1,612 last August versus 1,288 this August.
  • Inventory increased 97.3 percent up to 3,481 properties for sale compared to this same time last year when 1,764 homes were for sale.
  • New listings decreased from 1,602 down to 1,553 which was a 3.1 percent decline.
  • Median days on market increased to 21 days which was a 61.5 percent increase versus August of 2021.
  • Available inventory of single-family homes ended August with a 2.5 months’ supply of homes available for sale which was up from 1.1 months’ supply during August of 2021.

Since-family homes showed a modest increase in the median sales price, up 16.9 percent over August of last year and a slight increase of 0.2% over July of this year. For Sellers, the peak appears to have come and gone. However, you still have the opportunity to sell at a premium price as sellers are still getting 97.4% of their asking price.

It’s worth noting it is rare to see multiple offers and bids above list price. And the days on market continue to grow, especially for overpriced properties. 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 August Housing Market Update – Condos and Townhomes

Lee County August Housing Market Update Condos

 

August 2022 versus August 2021 Condo Highlights:

  • Condo sales decreased 26.2 percent going from 629 real estate transactions down to 464 sales.
  • Pending sales decreased 25.1 percent down from 661 last August to 495 this August.
  • Inventory increased 96.8 percent up to 1,053 condos for sale compared to last August when there were only 535 units for sale.
  • New listings decreased from 598 down to 560 which was a 6.4 percent decrease.
  • Median days to contract increased to 18 days which represented a 38.5 percent increase versus August of 2021.
  • Available inventory of condos ended August with a 1.7 months’ supply of properties available for sale which was a 183.3 percent increase!

Despite the increase in inventory, the Lee County Condo market remains a strong Seller’s market. The number of condos for sale is still extremely low at just a 1.7 month’s supply which was only a one-tenth increase over July. A balanced market would be a 6-7 months’ supply of homes for sale. Similar to the last couple of months, due to low inventory both pending and closed sales were down year-over-year.

Although the median price for condos was up 23.1 percent compared to this time last year, it fell 4.5 percent compared to July of this year. The market has clearly changed. There’s more inventory, days on market continue to build and there are many buyers and sellers sitting on the sidelines waiting to see what is going to happen with the economy over the next couple of months.

If you are a buyer it may be time to start taking a closer look at homes for sale in neighborhoods which might fit your criteria. Depending on the area, you may be surprised at the number of properties already 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 Market Report – NEW!

August 2022 Lee County Real Estate Statistics for Single Family Homes

August 2022 Lee County Real Estate Statistics for Condos

Naples August Real Estate Review

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

Luxury golf homes for saleSo, 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.

There are more than 150 different golf communities in our area and most of them have a private golf course within the community.  It can be challenging to navigate the plethora of communities, membership options, golf course design, amenities and more. We will help provide you with a list of the top private golf communities which match your lifestyle.

Also, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours. There is no cost for you to have an agent represent you. In fact, we may be able to help you save money and negotiate for extras which the builder may not let you know about.

Lastly, we will manage all contract negotiations via paperless transactions for your property from offer to close!

Should I use a Realtor if I’m buying New Construction?

Considering Selling Your Southwest Florida Home?

Now is a great time to sell your home using a Luxury Real Estate ExpertIt is a seller’s market so why should you hire a realtor? Do you have the time? There are over 180 actions required to successfully complete a real estate transaction. From scheduling showings, contract negotiations, organizing inspectors, attorneys, title companies and a mountain of paperwork.

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

As an experienced real estate team, we have made a career out of helping people sell homes in premier golf communities. 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.

Why Hire a Real Estate Agent to Sell Your Home

Should I Use a Realtor or Sell on My Own?

Home Selling Tips…

Results You Can Count On

The Naples Golf Guy Team is committed to extraordinary customer service with an emphasis on detail. Professionalism, integrity, and discretion are not goals, they are standards. We collaborate with our sellers to design and implement a customized marketing campaign to present your property to the world. If you are a buyer, we are committed to helping you find the community which will allow you to live the ultimate Florida lifestyle in Paradise.


Naples Golf GuyLuxury Real Estate AgentThe above information about the August housing market update for Lee County was written by Naples Golf Guy, Matt Klinowski PA, an expert in Southwest Florida real estate for almost 20 years.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

September 24th, 2022, Posted by NaplesGolfGuy

Naples August Real Estate Recap

2022 Naples August Real Estate Recap

Naples Luxury Home StatisticsThe Naples August real estate recap showed 669 properties sold for just over $990 Million. The largest sale was for $27,367,069 in Port Royal. Additionally, the luxury market remained strong as evidenced by the 148 properties that sold at or above $1 Million. How does this compare to the previous month? August saw higher sales volume than July when 662 properties sold for $950 Million and 139 homes sold at or above $1 Million.

Naples Buyers and Sellers are asking us daily, “Is Naples on Sale?” or “Is it now a Buyers market?”. The answer is no, the Naples housing market is not on sale and it is not a buyer’s market, at least not yet.

If you’ve been following the national headlines, you are probably asking how I can possibly say Naples isn’t on sale. Ultimately, housing is local in nature and what is happening in Naples and other resort towns doesn’t mirror national trends according to the data.

Locally, throughout Florida and nationally, the median sales price increased during August over last year during the same time. In the Naples area, the median sales price was up 25% for single family homes and 34 percent for condos. Nationally, the overall median sales price was up 19.9 percent.

So, while year over year data is similar locally and nationally, when you start to look at recent month over month data, there is a difference between local trends and national trends. In Naples the median price for single family homes fell by less than 1 percent and condos rose 6.8 percent. Conversely, the national median sales price has fallen for two consecutive months.

2022 Naples August Real Estate Recap

Additionally, our inventory remains historically low. During 2019, before the pandemic, we had 4,917 properties for sale compared to just 2,140 this August. This is less than half of what we traditionally have for sale this time of year and this is our slow season. Also, inventory has fallen even further since the end of the month. We are now down to 2,124 properties for sale. As long as inventory remains low and demand high, prices are expected to continue to rise.

Naples August Real Estate Recap

Naples August Real Estate Recap

August 2022 versus August 2021 Highlights

  • Closed sales decreased 37 percent compared to August of last year.
  • Overall pending sales decreased 19 percent versus the same time in 2021.
  • Inventory increased 71 percent up from 1,249 homes to 2,140 homes for sale.
  • Average days on market increased 35 percent up to 31 days.

In all, there were 488 single-family homes and 324 condos sold for a total of 669 sales during the month which was a 37 percent decrease over last year.

Once again, sales of both single family homes and condos sold close to or slightly above list price. Single-family homes came in at 98.9 percent compared to 97.9 percent this time last year.  Condos were at 100.4 percent versus 97.5 percent in 2021. This is another indication the Naples housing market is not on sale.

For Sellers, the peak appears to have come and gone. However, sellers still have the opportunity to sell at a premium price. 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.

Why is The Naples Housing Market Different?

There are numerous factors which continue to make Naples an attractive destination for homeownership. We all know the golden rule of real estate “location, location, location!”, Naples is a prime example of how the golden rule impacts property values:

  • Tax-Friendly – no state income tax and low property taxes
  • Lower cost of living relative to major metropolitan cities throughout the country
  • Weather – Approximately 264 sunny days per year
  • Health and Wellness – World-class healthcare combined with numerous outdoor activities such as golf, pickleball, tennis, biking, and more!
  • Safety – Ranked the safest place to live by U.S. News and World Report
  • Work from home flexibility
  • Low density compared to other areas of Florida (only one-third of Collier County can be developed due to the Everglades, nature preserves and building regulations)

Demand continues to be high as evidenced with the amount of property showings. There were 5,000 more showings during August of 2022 than the pre-pandemic levels of 2019 which is more than we would expect at this time of year.

All that said, the market has slowed, but this is typical and expected this time of year.  We do believe the days of multiple offers above list price are over given the increase in days on market and over-priced properties correcting to established market levels.  As of late it is rare when properties sell below these levels.

There are a number of large moving parts in the world around us at the moment, with this uncertainty many buyers have put themselves on the sidelines.  If you are one of these folks, this may be a good time to research the communities, and country club or clubs you’d ultimately like to be a part of.

Along the way and while we wait we can help you keep an eye on the market with 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, its an excellent tool to have on your belt!

Naples Luxury Home Sales in Exclusive Golf Communities for August

  • $Will My House Still Sell in today's market7,180,000 – 2340 Alexander Palm Dr. in Grey Oaks with 5,800 sq. ft. (100% of list price)
  • $5,852,000 – 16952 Cortile Dr. in Mediterra with 5,852 sq. ft. (98% of list price)
  • $5,750,000 – 8171 Bay Colony Dr. Unit 1103 in Pelican Bay with 2,604 sq. ft. (96% of list price)
  • $5,289,000 – 16763 Prato Way in Talis Park with 4,575 sq. ft. (95% of list price)
  • $4,650,000 – 16647 Isola Bella Ln. in Talis Park with 5,582 sq. ft. (100% of list price)
  • $4,200,000 – 5899 Burnham Rd. in Quail West with 4,182 sq. ft. (93% of list price)
  • $3,300,000 – 7575 Pelican Bay Blvd. unit 1705 in Pelican Bay with 2,675 sq. ft. (110% of list price)
  • $3,100,000 – 643 Venezia Grande Dr. in The Vineyards with 4,438 sq. ft. (86% of list price)
  • $3,100,000 – 2814 Wild Orchid Ct. in Olde Cypress with 4,338 sq. ft. (105% of list price)
  • $2,995,000 – 2955 Tiburon Blvd. E. in Tiburon with 3,601 sq. ft. (100% 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?

Sell your home with the Naples Golf GuyIt is still a seller’s market so why should you hire a realtor? Do you have the time? There are over 180 actions required to successfully complete a real estate transaction. From scheduling showings, contract negotiations, organizing inspectors, attorneys, title companies and a mountain of paperwork.

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.

Why Hire a Real Estate Agent to Sell Your Home

Should I Use a Realtor or Sell on My Own?

Home Selling Tips…

Naples August Real Estate Recap Market Reports

Naples Golf Guy Monthly Market Report – NEW!Naples Real Estate Trends

August 2022 Naples Real Estate Statistics

Results You Can Count On

The Naples Golf Guy Team is committed to extraordinary customer service with an emphasis on detail. Professionalism, integrity, and discretion are not goals, they are standards. We collaborate with our sellers to design and implement a customized marketing campaign to present your property to the world. If you are a buyer, we are committed to helping you find the community which will allow you to live the ultimate Florida lifestyle in Paradise.

About Naples Golf Guy


Luxury Real Estate AgentNaples Golf guy aka Matt KlinowskiThe above information about the Naples August Real Estate Recap was written by Naples Golf Guy, Matthew Klinowski PA. An expert for 20 years in Southwest Florida Luxury Golf Communities. When you are ready to buy or sell property in Southwest Florida, contact me.

Contact Matt: Matt@NaplesGolfGuy.com

or at 239-370- 0892
September 23rd, 2022 Posted by NaplesGolfGuy

Top Reasons Homeowners Are Selling

Top Reasons Homeowners Are Selling Their Houses Right Now

Top Reasons Homeowners Are SellingWhat are the top reasons homeowners are selling their home now? A desire for different amenities is the top reason sited for the reason homeowners are selling now.

On the other hand, some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house.

Data shows 51% of homeowners have a mortgage rate under 4% as of April this year. And while it’s true mortgage rates are higher than that right now, there are other non-financial factors to consider when it comes to making a move. In other words, your mortgage rate is important, but you may have other things going on in your life that make a move essential, regardless of where rates are today. As Jessica Lautz, Vice President of Demographics and Behavioral Insights at the National Association of Realtors (NAR), explains:

Home sellers have historically moved when something in their lives changed – a new baby, a marriage, a divorce or a new job. . . .”

So, if you’re thinking about selling your house, it may help to explore the other reasons homeowners are choosing to make a move today. The 2022 Summer Sellers Survey by realtor.com asked recent home sellers why they decided to sell. The visual below breaks down how those homeowners responded:

Top Reasons Homeowners Are Selling Their Houses Right Now | MyKCM

As the visual shows, an appetite for different features or the fact that their current home could no longer meet their needs topped the list for recent sellers. Additionally, remote work and whether or not they need a home office or are tied to a specific physical office location also factored in, as did the desire to live close to their loved ones.

The realtor.com survey summarizes the findings like this:

The primary reason homeowners decided to sell in the last year was the realization that, after so much time spent at home, they wanted different features and amenities, such as walkability, outdoor space, pool, etc. . . . 

If you, like the homeowners they surveyed, find yourself wanting features, space, or amenities your current home just can’t provide, it may be time to consider listing your house for sale.

Even with today’s mortgage rates, your lifestyle needs may be enough to motivate you to make a change. The best way to find out what’s right for you is to partner with a trusted real estate professional who can provide expert guidance and advice throughout the process. They can help walk you through your options, so you can make a confident decision based on what matters most to you and your loved ones.

Bottom Line

While the financial reasons for moving are important, there’s often far more to consider. Non-financial reasons can also be a significant motivating factor. If you need help weighing the pros and cons of selling your house, let’s connect today.

Call, text, or email us today for a complimentary market analysis – 239-370-0892.

Why Hire a Real Estate Agent to Sell Your Home

Should I Use a Realtor or Sell on My Own?

Home Selling Tips…

Results You Can Count On

The Naples Golf Guy Team is committed to extraordinary customer service with an emphasis on detail. Professionalism, integrity and discretion are not goals, they are standards. We collaborate with our sellers to design and implement a customized marketing campaign to present your property to the world. If you are a buyer, we are committed to helping you find the community which will allow you to live the ultimate Florida lifestyle in Paradise.

About Naples Golf Guy


Naples Golf GuyLuxury Real Estate AgentThe above information was written by the Naples Golf Guy , Matt Klinowski PA.. For nearly 20 years, Matt has specialized in Southwest Florida Luxury Golf Community real estate.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

September 21st, Posted by Matt

Weekly Property Report

Weekly Property Report Naples Florida

weekly property report naples flThe latest weekly property report for Naples showed 254 Homes Sold during the last week of July. The highest priced property sold for $20,000,000 in Port Royal.

East Naples moved back into the first position with 50 real estate transactions. Home sales consisted of 14 percent vacant lots, 26 percent single family homes and 60 percent were condos.

The North Naples area slid to the second position with 46 home sales. Real estate transactions consisted of 46 percent were single family homes and 52 percent were condos. The other property sold was a vacant lot.

Eastern Collier was new to the third position with 44 property sales. In all, 18 percent of the properties were condos, 27 percent were single family homes and 55 percent were vacant lots.

Finally, the City of Naples ended the week with 28 property sales. Naples property sales were made up of 25 percent single family homes and 71 percent condos. The remaining property sold was a vacant lot.

In summary, the Naples home sales recap for the week of July 25th showed sales were broken down as follows: 99 condos, 96 single family homes and 59 vacant lots.

Naples Luxury Weekly Property Report

Thirty-seven homes sold during the week. Luxury home prices ranged from $1,000,000 to $20,000,000.

  • June Weekly Home Sales Review for Naples$1,000,000 – $1,999,999 price range – 17 homes sold
  • $2,000,000 – $2,999,999 price range – 11 homes sold
  • $3,000,000 – $4,999,999 price range – 4 homes sold
  • $5,999,000 – $9,999,999 price range – 4 homes sold
  • $10,000,000 plus – 1 home sold

Naples Weekly Home Sales Recap – Organized by zip code:

Naples Florida Beach with BoatCity of Naples

  • 34102 – 8 properties sold (1 single family home and 7 condos)
  • 34103 – 8 properties sold (2 single family homes and 6 condos)
  • 34105 – 12 properties sold (1 vacant lot, 4 single family homes and 7 condos)

North Naples

  • 34109 – 13 properties sold (5 single family homes and 8 condos)
  • 34110 – 18 properties sold (1 vacant lot, 4 single family homes and 13 condos)
  • May Weekly Real Estate Recap in golf communities34119 – 15 properties sold (12 single family homes and 3 condos)

East Naples

  • 34104 – 15 properties sold (5 single family homes and 10 condos)
  • 34112 – 17 properties sold (2 vacant lots, 4 single family homes and 11 condos)
  • 34113 – 18 properties sold (5 vacant lots, 4 single family homes and 9 condos)

Ave Maria and Immokalee

  • 34142 – 11 properties sold (6 vacant lots, 4 single family homes and 1 condo)naples fl weekly property report

Big Cypress

  • 34117 – 12 properties sold (7 vacant lots and 5 single family homes)

Chokoloskee

  • 34138 – 2 properties sold (1 single family home and 1 condo)

Coco River

  • 34108 – 9 properties sold (1 vacant lot, 6 single family homes and 2 condos)

CorkscrewHeritage Bay Golf Club Naples FL

  • 34120 – 29 properties sold (10 vacant lots, 17 single family homes and 2 condos)

Eastern Collier County

  • 34114 – 40 properties sold (24 vacant lots, 8 single family homes and 8 condos)
  • 34116 – 4 properties sold (4 single family homes)

Everglades

  • 34139 – 3 properties sold (2 single family homes and 1 condo)

Marco Islandweekly property report Marco Island

  • 34145 – 20 properties sold (2 vacant lots, 8 single family homes and 10 condos)

Southwest Florida Real Estate Trends

Naples Golf Guy Monthly Newsletter

Luxury Golf Community Trends

Golf Community Homes Just Listed

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

Luxury Real Estate Expert provides Weekly Real Estate Report for Naples

With almost 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 the world. We are dedicated to making the sales process easier 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.

Call, text, or email us today for a complimentary market analysis – 239-370-0892.

Why Hire a Real Estate Agent to Sell Your Home

Should I Use a Realtor or Sell on My Own?

Home Selling Tips…

Results You Can Count On

The Naples Golf Guy Team is committed to extraordinary customer service with an emphasis on detail. Professionalism, integrity and discretion are not goals, they are standards. We collaborate with our sellers to design and implement a customized marketing campaign to present your property to the world. If you are a buyer, we are committed to helping you find the community which will allow you to live the ultimate Florida lifestyle in Paradise.

Naples Golf GuyLuxury Real Estate AgentThe above information was written by Naples Golf Guy, Matthew Klinowski PA. An expert for nearly 20 years in Southwest Florida Luxury Golf Community real estate.  When you are ready to buy or sell property in Naples, Bonita Springs, Estero, Ft. Myers, or Sarasota contact me.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

September 20th, 2022 Posted by NaplesGolfGuy

Will My House Still Sell in Today’s Market

Will My House Still Sell in Today’s Market?

Will My House Still Sell in today's marketIf recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years.

Buyer Demand Then and Now

During the pandemic, mortgage rates hit record lows, and that spurred a significant rise in buyer demand. This year, as rates increased due to factors like rising inflation, buyer demand pulled back or softened as a result. The latest data from ShowingTime confirms this trend (see graph below):

Will My House Still Sell in Today’s Market? | MyKCM

The orange bars in the graph above represent the last few months of data and the clear cooldown in the volume of home showings the market has seen since mortgage rates started to rise. But context is important. To get the full picture of where today’s demand stands, let’s look at the July data for the past six years (see graph below):

Will My House Still Sell in Today’s Market? | MyKCM

This second visual makes it clear that, while moderating compared to the frenzy in 2020 and 2021, showing activity is still beating pre-pandemic levels – and those pre-pandemic years were great years for the housing market. That goes to show there’s still demand if you sell your house today.

What That Means for You When You Sell

The key to selling in a changing market is understanding where the housing market is now. It’s not the same market we had last year or even earlier this year, but that doesn’t mean the opportunity to sell has passed.

While things have cooled a bit, it’s still a sellers’ market. If you work with a trusted local expert to price your house at the current market valuethe demand is still there, and it should sell quickly. According to a recent survey from realtor.com, 92% of homeowners who sold in August reported being satisfied with the outcome of their sale.

Bottom Line

Buyer demand hasn’t disappeared, it’s just moderated this year. If you’re ready to sell your house today, let’s connect so you have expert insights on how the market has shifted and how to plan accordingly for your sale.

Results You Can Count On

The Naples Golf Guy Team is committed to extraordinary customer service with an emphasis on detail. Professionalism, integrity and discretion are not goals, they are standards. We collaborate with our sellers to design and implement a customized marketing campaign to present your property to the world. If you are a buyer, we are committed to helping you find the community which will allow you to live the ultimate Florida lifestyle in Paradise.

About Naples Golf Guy


Naples Golf GuyLuxury Real Estate AgentThe above information was written by the Naples Golf Guy , Matt Klinowski PA.. For nearly 20 years, Matt has specialized in Southwest Florida Luxury Golf Community real estate.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

September 20th, Posted by Matt

New Verandah Home

New Verandah Home Under Contract!

Congratulations to our clients who just went to contract on a New Verandah Home. Working with NaplesGolfGuy teammate, Mackenzie Davis they found the perfect vacation home in Verandah Golf Club in Fort Myers, Florida.

3112 Preserves Edge Ct., Fort Myers FL 33905 – List Price $945,334

New Verandah Home Under Contract

 

More about this New Verandah Home:

This single family home is located in the Magnolia Isles neighborhood of Verandah Golf and Country Club. This brand new construction home is the Sea Star floor plan featuring a wide open floor plan. In addition to upgrades throughout the home, the soon to be owners will be enjoying the outdoor kitchen and full size swimming pool!

  • New Construction
  • List Price – $945,334
  • Three bedrooms plus Den
  • Two bathrooms
  • 2,379 Square Feet
  • Will be complete in 2022
  • Two 18 hole championship golf course

Whether you are considering buying a new construction home or a re-sale, contact the Naples Golf Guy Team for all of your real estate needs – 239.370.0892.

More about Verandah Golf Club

VerandahVerandah combines a laid back lifestyle with exceptional amenities.  In addition to two of the best 18 hole championship golf courses, first-class practice facilities,  the club offers members a full-service clubhouse with both casual and fine dining, fitness center, resort-style heated pool, five lighted har-tru tennis courts and 9 miles of walking trails.

An especially unique amenity is the 2,500 square foot River House restaurant overlooking the Orange River.  The members-only restaurant includes a full-service bar and plenty of seating to sit back, relax and enjoy lunch or dinner.

Additionally, it’s one of the few golf communities with a private dog park. So if you are looking for a pet-friendly golf community, you just can’t beat Verandah.

Learn more about Verandah Golf Club…

Is Now the Time To Buy a New Construction Home in Southwest Florida?

Should I use a realtor if I'm buying new constructionThe short answer is yes. Inventory of both new and re-sale homes has increased in Southwest Florida. As a result, buyers have more options to choose from. At the same time, overall inventory still remains half of what it normally is this time of year. Due to the increase in competition, some new home builders are starting to offer incentives and sellers are accepting offers for less than list price. However, we have yet to see recent sales fall below previously closed sales.

If you’re considering a purchase, let’s connect to discuss your needs – 239.370.0892.

Should I use a Realtor if I’m buying New Construction?

Southwest Florida Real Estate Trends

Naples Golf Guy Monthly Newsletter

Luxury Golf Community Trends

Golf Community Homes Just Listed

Bottom Line:

The NaplesGolfGuy Team offers private client advisory services with an emphasis on detail.  Professionalism, integrity and discretion are not goals, they are standards. We are dedicated to exploring, experiencing and navigating the very best in luxury living for our clients.

Naples Golf GuyLuxury Real Estate AgentThe above information was written by Naples Golf Guy, Matthew Klinowski PA. An expert for nearly 20 years in Southwest Florida Luxury Golf Community real estate.  When you are ready to buy or sell property in Naples, Bonita Springs, Estero, Ft. Myers, or Sarasota contact me.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

September 16th, 2022 Posted by NaplesGolfGuy

Colliers Reserve Luxury Home Sold

Colliers Reserve Luxury Home Sold

Another Colliers Reserve luxury home sold to a fantastic couple! With the help of the Naples Golf Guy Team, our clients purchased this fabulous single family home overlooking the golf course in one of the top golf communities in Naples FL.

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

Colliers Reserve Luxury Home Naples FL

More About This Collier’s Reserve Luxury Home

This ranch-style home overlooks the thirteenth 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 DenColliers Reserve Luxury Home
  • Four Full Bathrooms
  • Three Car Garage
  • Golf Course View
  • 3,591 Square Feet Under Air
  • Built in 1999

Are you considering buying or selling a home in Collier’s Reserve? Let’s connect to discuss your real estate needs – 239.370.0892.

More About Collier’s Reserve

Colliers Reserve Golf CourseCollier’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…

Considering Selling Your Naples Home? Why Work with the Naples Golf Guy Team

Golden Opportunity to sell your home with the Naples Golf Guy

With nearly 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 the world. We are dedicated to making the sales process easier 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.

Call, text, or email us today for a complimentary market analysis – 239-370-0892.

Why Hire a Real Estate Agent to Sell Your Home

Should I Use a Realtor or Sell on My Own?

Home Selling Tips…

Results You Can Count On

The Naples Golf Guy Team is committed to extraordinary customer service with an emphasis on detail. Professionalism, integrity and discretion are not goals, they are standards. We collaborate with our sellers to design and implement a customized marketing campaign to present your property to the world. If you are a buyer, we are committed to helping you find the community which will allow you to live the ultimate Florida lifestyle in Paradise.

About Naples Golf Guy


Naples Golf GuyLuxury Real Estate AgentThe above information about this Collier’s Reserve luxury home sold was written by the Naples Golf Guy , Matt Klinowski PA.. For nearly 20 years, Matt has specialized in Southwest Florida Luxury Golf Community real estate.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

September 14th, Posted by Matt

Heritage Bay Condominium Sold

Another Heritage Bay Condominium Sold!

Another Heritage Bay condominium sold! Congratulations to our clients from Maryland who just purchased this fantastic vacation condo in a top Naples bundled golf community while working with teammate Mike Pepple.

Heritage Bay – 10317 Heritage Bay Blvd. Unit 1422 Naples, FL – Sales Price $415,000

Heritage Bay Condominium Sold

More About this Heritage Bay Condominium:

Heritage Bay home under contract golf course viewThis second floor Terrace condo is an interior 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: 2008

If you are considering selling, you still have an opportunity to maximize the value of your home. Call or text us today – 239.370.0892.

Heritage Bay TennisMore 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.Heritage Bay Pickleball or Pickle ball

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 $375,000 to $760,000.  Learn more about Heritage Bay…

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

Heritage Bay Golf Club Naples FLSo, if you’re ready to begin your search for your own Heritage Bay property or another Southwest Florida Luxury dream home or condo, I 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 and would be happy to help you navigate the more than 150 different golf communities in our area.  If you prefer a more direct approach, we will provide a list of properties that meet your criteria and/or communities that meet your needs.

Also, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours.  There is no cost for you to have an agent represent you. In fact, we may be able to help you save money and negotiate for extras which the builder may not let you know about.

Lastly, we will handle all contract negotiations and provide paperless transactions for your property from offer to close!

Work with an Experienced Real Estate Agent

Golden Opportunity to sell your home with the Naples Golf GuyWith nearly 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 the world. We are dedicated to making the sales process easier 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.

Call, text, or email us today for a complimentary market analysis – 239-370-0892.

Why Hire a Real Estate Agent to Sell Your Home

Should I Use a Realtor or Sell on My Own?

Home Selling Tips…

Results You Can Count On

The Naples Golf Guy Team is committed to extraordinary customer service with an emphasis on detail. Professionalism, integrity and discretion are not goals, they are standards. We collaborate with our sellers to design and implement a customized marketing campaign to present your property to the world. If you are a buyer, we are committed to helping you find the community which will allow you to live the ultimate Florida lifestyle in Paradise.

Naples Golf GuyLuxury Real Estate AgentThe above information was written by Naples Golf Guy, Matthew Klinowski P.A., an expert for nearly 20 years in Southwest Florida Luxury Golf Community real estate.  When you are ready to buy or sell property in Naples, Bonita Springs, Estero, Ft. Myers and Sarasota, contact me.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

August 19th, 2022 Posted by Matt