Naples Real Estate Market Recap

The latest real estate market recap for the Naples area showed 1,505 properties sold for just over $1.2 Billion during June! The highest priced home sold for $16,250,000 in Port Royal. And, the luxury market remains strong as evident by the 272 properties sold at or above $1 Million.

With less than 1 month supply of inventory available, for the first time since last year, pending sales decreased 14.5 percent. Although inventory decreased during the month, there were 1,147 new listings added to the market. In addition, the median closed price continues to increase by double digits.

So, if you are a seller, now is the time list your home and maximize your profits. Or, if you are a buyer, with new listings coming onto the market every day there is still opportunity to find a property.

June 2021 versus June 2020 Highlights

• Closed sales increased 68 percent compared to June of last year.
• Overall pending sales decreased 15 percent versus the same time last year.
• Inventory dropped 79 percent down from 6,003 homes to 1,271 homes for sale.
• Average days on market fell 29 percent down to 29 days.

Similar to the last three months, condos led the way with a 98.7 percent increase in closed sales. Single family home sales also showed a significant increase, up 44.4 percent compared to the same time last year.

Also notable, homes in the Naples area sold at 99.4 percent of list price and almost 60 percent of homes sold were cash transactions. We continued to see multiple offers submitted on properties and often within hours of a new listing hitting the market. If you are considering purchasing a home, put yourself in the best position to win the deal by working with a professional real estate agent who has experience negotiating deals with multiple offers.

If you’re just thinking about selling, let’s connect to discuss your home’s value in today’s market. It is likely worth more than you think.

What is my home worth…

Real Estate Market Snapshot for Naples Luxury Homes

The past year has triggered significant shifts in lifestyle choices and housing needs for today’s luxury home buyers. There’s an overwhelming preference for larger homes with more amenities such as a home gym. Naples is no exception.

Properties with at least four bedrooms or more remain at the top of the wish list for luxury home buyers. Over the past year, there has been a 76.8 increase in homes sold with at least four bedrooms which provides plenty of space for that home gym or home office.

For the fifth month in a row, the Naples Luxury real estate market saw the strongest activity in closed sales. Homes priced between $1 million and $2 million saw a 113 percent increase up from 75 percent during the previous month. Additionally, homes priced above $2 million saw an even larger increase in closed sales with a 142.6 percent compared to 106.3 percent increase during May.

The Top Ultra Luxury home sales in Naples Golf Communities For June

• $9,000,000 – 8477 Bay Colony Dr. Unit802 in Pelican Bay with 6,085 square feet
• $7,900,000 – 6897 Grenadier Blvd Unit1101 in Pelican Bay with 5,280 square feet
• $6,600,000 – 714 Kildeer PL in Pelican Bay with 6,479 square feet
• $5,250,000 – 16951 Verona Ln. in Mediterra with 5,509 square feet
• $4,950,000 – 1373 Great Egret Trail in The Estuary at Grey Oaks with 5,533 square feet
• $4,850,000 – 13861 Williston Way in Quail West with 5,476 square feet

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

View large single family Naples luxury homes for sale…

June Naples Real Estate Market Reports

Naples Area Market Report June 2021

Naples Golf Guy Monthly Newsletter – NEW!

July 24th, 2021 Posted by NaplesGolfGuy

Greyhawk Home Listed and Sold in Golf Club of the Everglades

Congratulations to our client’s who’s Greyhawk Home Listed and Sold at top dollar! Recently built in 2020, this single family home is loaded with upgrades which were not available through the builder. Combined with a spectacular view of the 18 hole championship golf course designed by Rees Jones this is a must see home.

Greyhawk Home – 9610 Everglades Dr. Naples, FL 34120 – Sold Price $1,275,000

More About This Fantastic Greyhawk Luxury Golf Home

A truly stunning south facing single family home with golf and long lake views. This large luxury golf home is loaded with upgrades. A beautiful outdoor kitchen with extended lanai and upgraded pool and spa. The lanai has a generous sized pool with plenty of room to lounge and relax with friends and family.

Enhancements include custom inlay ceilings, custom closets throughout, stacked stone in the master bedroom and full glass showers in the bathrooms. Fully electric storm screens offer hurricane protection and safety.

Still has that “new home smell” and in absolute pristine condition! If you were to build your dream home, this is what you would build, truly stunning!!!

• Southern Exposure
• Extended Lanai
• High Ceilings
• Luxury Home Office
• 3 Bedrooms plus a den
• 3 Bathrooms
• 2,852 Square feet under air
• Built in 2020
  

Learn more about Golf Club of the Everglades

Golf Club of the Everglades is a private golf course that closely resembles an open links-style course.  At the same time, several of the back fairways are lined with mature trees. Sculptured bunkers, rolling fairways, expansive lakes with native grasses provide the diversity, challenge and aesthetic appeal on this south Florida course. The wind is a major factor for golfers on this open course.

Also, Golf Club of the Everglades membership requires an upfront initiation fee with annual dues. Learn more about the club, course and amenities…

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

July 23rd, 2020 Posted by NaplesGolfGuy

Naples Ends May With Strong Home Sales Activity

According to the latest reports, Naples ends May with strong home sales. There were 663 Homes Sold in Naples during the week of the 24th. The highest priced property sold for $12,250,000.

East Naples moved into the first position for the week with 137 transactions. Home sales consisted of  3 percent vacant lots, 37 percent single family homes and 58 percent were condos. The remaining properties sold were mobile homes.

North Naples fell into the second spot with 136 home sales. Of the 136 property sales, 3 percent were vacant lots, 36 percent were single family homes and 61 percent were condos.

Finally, the City of Naples ended the week with 90 home sales for the last week of the month. Naples homes sales were made up of 4 percent vacant lots, 31 percent single family homes and 64 percent condos.

In summary, Naples May home sales for the week of the 24th showed Naples homes sold were broken down as follows: 330 condos, 232 single family homes, 94 vacant lots and 7 mobile homes sold throughout Collier County.

Naples Luxury Home Sales

One Hundred and Ten Naples luxury homes sold during the week. Luxury home prices ranged from $1,000,000 to $12,250,000.

• $1,000,000 – $1,999,999 price range – 65 homes sold
• $2,000,000 – $2,999,999 price range – 21 homes sold
• $3,000,000 – $4,999,999 price range – 15 homes sold
• $5,999,000 – $9,999,999 price range – 8 homes sold
• 10,000,000 plus – 1 home sold

Naples Real Estate Transactions – Organized by zip code:

City of Naples

• 34102 – 32 properties sold (1 vacant lot, 16 single family homes and 15 condos)
• 34103 – 35 properties sold (1 vacant lot, 9 single family homes and 25 condos)
• 34105 – 23 properties sold (2 vacant lots, 3 single family homes and 18 condos)

North Naples

• 34109 – 43 sold properties (1 vacant lot, 19 single family homes and 23 condos)
• 34110 – 57 properties sold (2 vacant lots, 12 single family homes and 43 condos)
• 34119 – 36 properties sold (1 vacant lot, 18 single family homes and 17 condos)

East Naples

• 34104 – 33 properties sold (1 mobile home, 1 vacant lot, 12 single family homes and 19 condos)
• 34112 – 49 properties sold (2 mobile homes, 1 vacant lot, 12 single family homes and 34 condos)
• 34113 – 55 properties sold (2 vacant lots, 27 single family homes and 26 condos)

Ave Maria and Immokalee

• 34142 – 11 properties sold (4 vacant lots and 7 single family homes)

Barefoot Beach

• 34134 – 4 properties sold (2 single family homes and 2 condos)

Big Cypress

• 34117 – 13 properties sold (6 vacant lots and 7 single family homes)

Chokoloskee

• 34138 –2 properties sold (2 condos)

Coco River

• 34108 – 50 properties sold (2 vacant lots, 16 single family homes and 32 condos)

Corkscrew

• 34120 – 80 properties sold (2 mobile homes, 34 vacant lots, 32 single family homes and 12 condos)

Eastern Collier County

• 34114 – 66 properties sold (2 mobile homes, 24 vacant lots, 19 single family homes and 21 condos)
• 34116 – 13 properties sold (7 single family homes and 6 condos)

Marco Island

• 34145 – 61 properties sold (12 vacant lots, 14 single family homes and 35 condos)

Southwest Florida June Home Sales Review

The latest Southwest Florida June Home Sales review for Bonita Springs, Estero and Southern Fort Myers for the week of June 26th showed there were 258 properties sold.

Southern Fort Myers was in the first position with 117 real estate transactions. Sales were as follows: 33 percent vacant lots, 24 percent were condos and 40 percent were single family homes. The remaining Fort Myers properties sold were multi-family units and a commercial unit.

Bonita Springs landed in the the second spot with 77 real estate transactions. Of the 77 real estate sales, 6 percent multi-family units, 14 percent were vacant lots, 30 percent were condos and 43 percent were single family homes. The other property sales were a a mobile homes and commercial units.

Finally, Estero was in the third position with 62 property sales. Home sales were split between multiple property types. Of the 62 home sales, 21 percent were vacant lots, 32 percent were condos and 40 percent were single family homes. The rest of the transactions were mobile homes and a commercial unit.

In review, based on the real estate transactions report for the week of June 26th, property sales were broken down by the following types in Southwest Florida: 72 condos, 106 single family homes, 63 vacant lots, 5 commercial units, 5 mobile homes and 7 multi-family units.

Southwest Florida June Home Sales by zip code

Bonita Springs

• 34134 – 23 properties sold (2 multi-family units, 2 vacant lots, 3 commercial units, 8 single family homes and 8 condos)
• 34135 – 54 properties sold (3 multi-family units, 2 mobile homes, 9 vacant lots, 25 single family homes and 15 condos)

Southern Fort Myers

• 33912 – 31 properties sold (4 vacant lots, 9 single family homes and 18 condos)
• 33913 – 66 properties sold (1 commercial unit, 32 vacant lots, 23 single family homes and 10 condos)
• 33967 – 20 properties sold (2 multi-family units, 3 vacant lots and 15 single family homes)

Estero

• 33928 – 51 properties sold (1 commercial unit, 3 mobile homes, 13 vacant lots, 23 single family homes and 11 condos)
• 33967 – 5 properties sold (2 single family homes and 3 condos)
• 34134 – 2 properties sold (2 condos)
• 34135 – 4 properties sold (4 condos)

Miromar Lakes

• 33913 – 2 properties sold (1 single family home and 1 condo)

Southwest Florida Sales Reports:

Lee County Real Estate Transactions Week of June 26th 2021

Naples Golf Guy Monthly News Letter

Experts Are Optimistic About the Summer Housing Market

Experts are optimistic about the summer housing market. The housing market is changing. Let’s connect so you don’t miss out on today’s opportunities.

Why Are Experts Optimistic About the Housing Market?

• Inventory is starting to inch up which is good news for buyers
• Housing supply is expected to improve in the coming months

In Naples, inventory is approximately 10 percent higher than it was a month ago. However, we still have record low inventory which makes it a great time to sell your home and cash in on your home appreciation.

For buyers, it may seem as if there are very few homes available for sale. In reality, a significant number of new homes are coming to the market every day. Buyer demand is so high, these new listings are going to contract within days or even just a few hours.

Whether you’re considering buying or selling, let’s connect to discuss your options.

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

July 16th, 2021 Posted by NaplesGolfGuy

Naples May Home Sales Remain Strong

According to the latest Naples May home sales reports, there were 606 Homes Sold in Naples during the week of the 10th down from 612 sales during the prior week. The highest priced property sold for $25,145,900.

North Naples moved into the top spot with 135 home sales up from 116 sales during the previous week. Of the 122 property sales, 4 percent were vacant lots, 39 percent were single family homes and 57 percent were condos.

East Naples fell into the second position for the the week with 122 transactions up from 120 sales compared to the week of the 26th. Home sales consisted of  7 percent vacant lots, 30 percent single family homes and 61 percent were condos. The remaining properties sold were mobile homes.

Finally, the City of Naples ended the week with 81 home sales down from 95 properties sold during the prior week. Naples homes sales were made up of 6 percent vacant lots, 26 percent single family homes and 68 percent condos.

In summary, Naples May home sales for the week of the 10th showed Naples homes sold were broken down as follows: 303 condos, 216 single family homes, 81 vacant lots and 6 mobile homes sold throughout Collier County.

Strong Home Sales for Naples Luxury Homes

One Hundred and Fifteen Naples luxury homes sold during the week. Luxury home prices ranged from $1,001,000 to $25,145,900.

• $1,000,000 – $1,999,999 price range – 70 homes sold
• $2,000,000 – $2,999,999 price range – 20 homes sold
• $3,000,000 – $4,999,999 price range – 14 homes sold
• $5,999,000 – $9,999,999 price range – 7 homes sold
• 10,000,000 plus – 4 homes sold

Naples Real Estate Transactions – Organized by zip code:

City of Naples

• 34102 – 28 properties sold (2 vacant lots, 9 single family homes and 17 condos)
• 34103 – 27 properties sold (4 single family homes and 23 condos)
• 34105 – 26 properties sold (3 vacant lots, 8 single family homes and 15 condos)

North Naples

• 34109 – 33 sold properties (14 single family homes and 19 condos)
• 34110 – 53 properties sold (1 vacant lot, 13 single family homes and 39 condos)
• 34119 – 49 properties sold (5 vacant lots, 25 single family homes and 19 condos)

East Naples

• 34104 – 34 properties sold (1 mobile home, 14 single family homes and 19 condos)
• 34112 – 52 properties sold (1 mobile home, 7 vacant lots, 7 single family homes and 37 condos)
• 34113 – 36 properties sold (2 vacant lots, 15 single family homes and 19 condos)

Ave Maria and Immokalee

• 34142 – 12 properties sold (4 vacant lots and 8 single family homes)

Barefoot Beach

• 34134 –6 properties sold (5 single family homes and 1 condo)

Big Cypress

• 34117 – 14 properties sold (7 vacant lots and 7 single family homes)

Chokoloskee

• 34138 –4 properties sold (4 condos)

Coco River

• 34108 – 38 properties sold (1 vacant lot, 14 single family homes and 23 condos)

Corkscrew

• 34120 – 45 properties sold (2 mobile homes, 20 vacant lots, 18 single family homes and 5 condos)

Eastern Collier County

• 34114 – 66 properties sold (2 mobile homes, 17 vacant lots, 21 single family homes and 26 condos)
• 34116 – 9 properties sold (1 vacant lot, 6 single family homes and 2 condos)

Everglades City

• 34139 – 4 properties sold (1 vacant lot, 1 single family home and 2 condos)

Goodland

• 34140 – 1 property sold (1 single family home)

Marco Island

• 34145 – 69 properties sold (10 vacant lots, 26 single family homes and 33 condos)

4 Major Incentives To Sell This Summer

What are the top incentives to sell your home this summer? While the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now. Here are four things to consider if you’re trying to decide if now’s the right time to make a move.

Another Naples Golf Condo Sold in Heritage Bay!

Congratulations to our client from Rhode Island who just bought this Naples Golf Condo in Heritage Bay. Working with colleague, Mike Pepple, he found a fantastic vacation home in an excellent bundled golf community.

Heritage Bay Naples Golf Condo Just Sold – 10307 Heritage Bay Blvd. Unit 1215 Naples, FL

More About this Naples Florida Heritage Bay Condo:

This turnkey condo includes a golf membership with the purchase of the unit. An Ashbury model with an incredible sunset view of the fifteenth green and expansive lake. Loaded with upgrades, this unit offers crown molding, GE signature stainless steel appliances, and so much more!

• Bedrooms: 2
• Bathrooms: 2
• Square ft.: 1,194
• Year Built: 2007

More About Heritage Bay Heritage Bay Golf & Country Club

Heritage Bay is a bundled golf community located in North Naples featuring 27 holes of golf.  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.

Learn more about Heritage Bay…

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

Leverage Your Home Equity

How can you leverage your home equity in today’s market? Home values have increased significantly over the past year. With low inventory, home values and home equity continues to rise.

Now is a great time to cash in on this booming seller’s market and use your home equity to move up into your dream home, downsize into your forever home or buy a vacation home.

Early May Home Sales Show Strong Naples Sales Activity

According to the early May home sales reports, there were 612 Homes Sold in Naples during the week of the 3rd down from 777 sales during the prior week. The highest priced property sold for $11,000,000.

Once again, East Naples remained in the top slot for the week with 120 transactions down from 159 sales compared to the week of the 26th. Home sales consisted of  5 percent mobile homes, 7.5 percent vacant lots, 27.5 percent single family homes and 60 percent were condos.

North Naples came in second with 116 home sales down from 138 sales during the previous week. Of the 116 property sales, 44 percent were single family homes and 54 percent were condos. The remaining property sales were vacant lots.

Finally, the City of Naples ended the week with 95 home sales down from 113 properties sold during the prior week. Naples homes sales were made up of 4 percent vacant lots, 28 percent single family homes and 68 percent condos.

In summary, early may home sales for the week of the 3rd showed Naples homes sold were broken down as follows: 318 condos, 196 single family homes, 89 vacant lots and 9 mobile homes sold throughout Collier County.

Strong Home Sales for Naples Luxury Homes

Ninety-Three Naples luxury homes sold during the week. Luxury home prices ranged from $1,000,000 to $11,000,000.

• $1,000,000 – $1,999,999 price range – 48 homes sold
• $2,000,000 – $2,999,999 price range – 28 homes sold
• $3,000,000 – $4,999,999 price range – 13 homes sold
• $5,999,000 – $9,999,999 price range – 3 homes sold
• 10,000,000 plus – 1 home sold

Naples Early May Home Sales Recap – Organized by zip code:

City of Naples

• 34102 – 28 properties sold (3 vacant lots, 9 single family homes and 16 condos)
• 34103 – 19 properties sold (6 single family homes and 13 condos)
• 34105 – 48 properties sold (1 vacant lot, 12 single family homes and 35 condos)

North Naples

• 34109 – 32 sold properties (15 single family homes and 17 condos)
• 34110 – 32 properties sold (11 single family homes and 21 condos)
• 34119 – 52 properties sold (2 vacant lots, 25 single family homes and 25 condos)

East Naples

• 34104 – 29 properties sold (2 vacant lots, 8 single family homes and 19 condos)
• 34112 – 48 properties sold (1 vacant lot, 6 mobile homes, 8 single family homes and 33 condos)
• 34113 – 43 properties sold (6 vacant lots, 17 single family homes and 20 condos)

Ave Maria and Immokalee

• 34142 – 18 properties sold (1 mobile home, 9 vacant lots and 8 single family homes)

Barefoot Beach

• 34134 –3 properties sold (1 vacant lot and 2 condos)

Big Cypress

• 34117 – 23 properties sold (12 vacant lots and 11 single family homes)

Chokoloskee

• 34138 –2 properties sold (2 condos)

Coco River

• 34108 – 55 properties sold (4 vacant lots, 15 single family homes and 36 condos)

Corkscrew

• 34120 – 45 properties sold (19 vacant lots, 18 single family homes and 8 condos)

Eastern Collier County

• 34114 – 62 properties sold (2 mobile homes, 19 vacant lots, 13 single family homes and 28 condos)
• 34116 – 7 properties sold (5 single family homes and 2 condos)

Everglades City

• 34139 – 1 property sold (1 condo)

Marco Island

• 34145 – 65 properties sold (10 vacant lots, 15 single family homes and 40 condos)