Southwest Florida August Home Sales Review

The latest August Home Sales Review for the week of the 8th showed there were 204 properties sold in Southwest Florida. Real Estate activity continues to show higher than normal levels of closed sales and pending sales for this time of year.

Southern Fort Myers was in the top spot with 89 property sales for the week. Transactions were as follows:  42 percent vacant lots, 12 percent were condos and 43 percent were single family homes. The remaining property sold was a mobile home.

Bonita Springs landed in the second position with 68 real estate transactions. Of the 68 real estate sales, 25 percent were condos, 37 percent were single family homes and 23 percent vacant lots. Similar to Fort Myers, the remaining Bonita Springs transaction was a mobile home.

Finally, Estero  cam in third with 47 home sales. Real Estate sales were split between multiple property types. Of the 47 home sales, 19 percent were vacant lots, 28 percent were condos and 45 percent were single family homes. The other Estero transactions were a mobile home and agricultural lots.

In review, based on the real estate transactions report for the week of the 8th, property sales were broken down by the following types in Southwest Florida: 42 condos, 85 single family homes, 69 vacant lots, 3 mobile homes, 3 agricultural lots, 2 multi-family units.

Southwest Florida August Home Sales Review- Organized by zip code

Bonita Springs

• 34134 – 11 properties sold (1 vacant lot, 4 single family homes and 6 condos)
• 34135 – 57 properties sold (1 mobile home, 22 vacant lots, 21 single family homes and 11 condos)

Southern Fort Myers

• 33912 – 18 properties sold (2 vacant lots, 9 single family homes and 7 condos)
• 33913 – 57 properties sold (33 vacant lots, 19 single family homes and 5 condos)
• 33967 – 14 properties sold (1 mobile home, 2 vacant lots and 11 single family homes)

Estero

• 33928 – 37 properties sold (1 mobile home, 3 agricultural lots, 9 vacant lots, 16 single family homes and 8 condos)
• 33967 – 4 properties sold (3 single family homes and 1 condo)
• 34134 – 2 properties sold (1 single family home and 1 condo)
• 34135 – 4 properties sold (1 single family home and 3 condos)

Miromar Lakes

• 33913 – 1 property sold (1 condo)

July Home Sales Review:

Lee County Real Estate Transactions Week of August 8th 2020

Naples Golf Guy Monthly News Letter – NEW!

Luxury Golf Community Real Estate Trends

Should You Buy an Existing Home or New Construction?

Existing home or new construction? Which type of home is right for you and your family? Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to look at from the pros and cons of what it means to buy a new home versus an existing one. Here are a few things to consider when making the best decision for your family.

Builders & Realtors Agree: Real Estate Is Back

If there is one thing both builders and realtors can agree on, it is Real Estate is Back in full force! When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in almost a decade. That, however, didn’t happen. It appears the opposite is taking place.

Southwest Florida Recent Home Sales

The most recent Home Sales reports for Southwest Florida show a significant jump in pending sales for both single family homes and condos for the month of July. Single family homes going to contract increased by 61.3 percent and condos increased just over 50 percent. This is a clear indication buyers are actively looking for property in Southwest Florida.  Homebuyers are reassessing their lifestyles and they are looking for larger homes with plenty of space for their family as well as a home office. Additionally, buyers have expressed their desire for homes located in safe gated communities.

Additionally, the supply of Southwest Florida homes for sale continues to fall to a point it is a seller’s market. As a result, the low inventory is driving prices up in our area. If you are considering selling, now would be a good time connect with a real estate professional to learn about your home’s value in today’s market.

Southwest Florida Recent Home Sales – Single Family Homes

 

 

July 2020 versus July 2019 Single Family Home Highlights:

• Home sales increased 12.3 percent going from 1,261 Lee County real estate transactions down to 1,416 sales
• Pending sales increased 61.3 percent up from 1,333 last July versus 2,150 this July
• Inventory fell 34 percent down to 3,579 properties for sale compared to this same time last year when there were 5,422 homes for sale
• New listings increased from 1,279 up to 1,437 which is a 12.4 percent increase
• Median days on market decreased to 105 days which is a 8.7 percent decrease versus July 2019
• Available inventory of single family homes ended July with a 3.1 months supply of homes available for sale which is a 36.7 percent decrease

Continuing the trends established in June, Lee County real estate activity increased significantly during the month of July. In particular, single family homes going to contract were up over 60 percent compared to 30 percent last month. Additionally, closed sales continued to rebound with a double digit increase compared to last month.

However, the increase in both closed and pending sales further depleting the available inventory. For the past four months, inventory has declined each month to a point we only have a 3.1 month supply of single family homes for sale in Lee County. Typically, a healthy level of inventory is considered to be 6 to 7 months of supply of homes for sale. Additionally, even though new listings increased compared to July of last year, Southwest Florida’s low inventory levels make it a seller’s market.

Lee County Recent Home Sales – Condos and Townhomes

 

 

 

July 2020 versus July 2019 Condo Highlights:

• Condo sales decreased 3.6 percent going from 586 Lee County real estate transactions down to 565 sales
• Pending sales increased 50.7 percent up from 535 last July versus 806 this July
• Inventory fell 9.5 percent down to 2,675 condos for sale compared to this same time last year when there were 2,957 units for sale
• New listings increased from 484 up to 704 which is a 45.5 percent increase
• Median days on the market decreased to 106 days which is a 17.2 percent decrease versus July 2019
• Available inventory of condos ended July with a 5 months supply of properties available for sale which is a 5.7 percent decrease

Similar to single family homes, condos going to contract increased significantly during July. Unlike single family homes, condo sales declined slightly during the month. On the bright side, new listings to the market increase increased more than 45 percent. The additional condos for sale is just not enough to keep up with buyer demand and with only 5 months’ supply of condos for sale means it’s still a sellers’ market.

So, if you are considering selling a home, now would be a great time. Survey’s have shown buyers are looking for larger homes with plenty of outdoor space, privacy, larger kitchens and a pool. Whether you are planning to sell now or sometime in the future, now is a good time to connect with an agent to learn what your home is worth. We’ll also share how we can leverage technology to help sell your home safely in today’s market.

Southwest Florida Recent Home Sales Reports

Lee County Single Family Home Real Estate Activity July 2020

Lee County Condo Real Estate Activity July 2020

Naples Area Market Report

Luxury Golf Community Real Estate Trends

August 25th, 2020, Posted by NaplesGolfGuy

Luxury Quarry Home Sold in Naples Florida

Another Luxury Quarry Home Sold! Congratulations to a wonderful couple from Wisconsin who just purchased this fabulous single family home in a Naples gated golf community. This large single family home is located in The Quarry Golf Club, which is a private country club in Southwest Florida.

Quarry Home Sold – 9710 Nickle Ridge Cir. Naples FL  – Sold Price – $655,000

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.

More Articles About Naples Florida Real Estate Trends:

Naples Latest Real Estate Trends

Luxury Golf Community Real Estate Trends

August 24th, 2020, Posted by NaplesGolfGuy

The Top Reasons People Are Moving This Year

 

Luxury Florida Golf Homes for Sale

View Luxury  Florida Golf Homes for Sale in some of the top golf communities in Naples, Bonita Springs, Estero and Fort Myers! 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!

 

Luxury Florida Golf Homes for Sale

Talis Park – 16638 Isola Bella Ln. Naples, FL 34110– $3,995,000 More about New Construction

Luxury Single Family New Construction Home (Naples)

4 Beds plus a Den, 4 Full Baths and 3 Half Baths

4,414 Sq. Ft.

Pre-Construction

Private Naples Golf Community – 18 holes – Upfront Initiation Fee for Membership

(More about this property) – (More about Talis Park) – (Talis Park Single Family Homes) – (Talis Park Condos)

 

 

Mediterra – 16859 Caminetto Ct. Naples, FL 34110 – $3,550,000 More about New Construction

Single Family Luxury Golf Home (Naples)

4 Beds + Den and 4 Baths

3,527 Sq. Ft.

New Construction

Private Naples Golf Community – 36 holes – Upfront Initiation Fee for Membership

(More about this property) – (More about Mediterra) – (Mediterra Single Family Homes) – (Mediterra Condos)

 

Miromar Lakes – 17461 Via Ancona Way, FL 33913 – $3,295,000

Single Family Luxury Golf Home (Miromar Lakes)

4 Beds and 4.5 Baths

4,068 Sq. Ft.

Built 2020 (New Construction) More about New Construction

Private Miromar Lakes Golf Community – 18 holes – Upfront Initiation Fee for Membership

(More about this property) –  (More about Miromar Lakes) – (Miromar Lakes Single Family Homes) – (Miromar Lakes Condos)

 

 

Pelican Bay – 7425 Pelican Bay Blvd Naples, FL 34108– $2,595,000

Luxury Waterfront and Golf Course View Condo (Naples)

3 Beds and 3 Full Baths

2,555 Sq. Ft.

Built 1999

Private Naples Golf Community – 18 holes – Upfront Initiation Fee for Membership

(More about this property) – (More about Pelican Bay) – (Pelican Bay Single Family Homes) – (Pelican Pay Condos)

 

 

The Colony – 23843 Tuscany Ct. Bonita Springs, FL 34134 – $2,399,000

More about The Colony Lifestyle

Single Family Luxury Golf Home (Bonita Springs)

4 Beds and 4.5 Baths

4,922 Sq. Ft.

Built 2003

Private Bonita Springs Golf Community – 18 holes – Upfront Initiation Fee for Membership

(More about This Property) – (More about The Colony) – (The Colony Single Family Homes) – (The Colony Condos)

 

 

Quail West – 6351 Highcroft Dr. Naples, FL 34119 – $1,975,000

Luxury Single Family Home (Naples) – New Construction More about New Construction

4 Beds and 3.5 Baths

3,930 Sq. Ft.

New Construction – Fully Furnished

Private Naples Golf Community – 36 holes – Upfront Initiation Fee for Membership

(More about this property) – (More about Quail West) – (Quail West Single Family Homes)

Marco Island Crescent Beach – 100 N. Collier Blvd., Marco Island FL 34145 – $829,000 (Pending Sale!)

Luxury Condo (Marco Island)

2 Beds and 2 Baths

1,445

Built 1990

Beachfront condo close to The Island Country Club

(More about this property)

 

Greyhawk at Golf Club of the Everglades – New Construction Home, Naples FL 34120 – $770,000 (Pending Sale!)

Single Family Home (Naples)

3 Beds plus Den and 3 Baths

2,852 Sq. Ft.

New Construction

Private Naples Golf Community- 18 holes – Upfront Initiation Fee (Membership Optional)

(More about Golf Club of the Everglades) – (Greyhawk Single Family Homes)

 

Saturnia Lakes – 1479 Palma Blanca Ct., Naples FL 34119 – $725,000 (Pending Sale in 15 days!)

Luxury Single Family Home (Naples)

5 Beds and 3.5 Baths

3,773 Sq. Ft.

Built 2003

Gated community close to multiple golf courses

(More about this property)

 

The Quarry – 9710 Nickle Ridge Cir. Naples, FL 34119  $689,000 (Sold!)

Luxury Single Family Home (Naples)

4 Beds and 3 Baths

2,572 Sq. Ft.

Built 2010

Private Naples Golf Community – 18 holes – Upfront Initiation Fee (Membership Optional)

(More about The Quarry) – (The Quarry Single Family Homes) – (The Quarry Condos)

Treviso Bay – 9222 Veneto Ln, Naples FL 34113 – $600,000 (Sold!)

Single Family Home (Naples)

3 Beds and 3 Baths

2,035 Sq. Ft.

Built 2014

Private Naples Golf Community- 18 holes – Bundled Golf Community (Only TPC golf course in Southwest Florida)

(More about Treviso Bay) – (Treviso Bay Single Family Homes) – (Treviso Bay Condos)

 

Wildcat Run – 20554 Cypress Knee Ct, Estero FL 33928 – $581,000 (Sold!)

Single Family Home (Naples)

4 Beds and 3 Baths

2,847 Sq. Ft.

Built 1990

Private Estero Golf Community- 18 holes – Upfront Initiation Fee (Membership Optional)

(More about Wildcat Run) – (Wildcat Single Family Homes) – (Wildcat Run Condos)

 

 

Bonita National – 28058 Wicklow Ct., Bonita Springs FL 34135 – $599,000 (Pending Sale!)

Single Family Home (Bonita Springs)

3 Beds Plus Den and 3 Baths

2,445 Sq. Ft.

Built 2017

Private Bonita Springs Golf Community- 18 holes – Bundled Golf Community

(More about Bonita National) – (Bonita National Single Family Homes) – (Bonita National Condos)

 

TwinEagles – 12590 Fenhurst Way, Naples FL 34120 – $549,000

Single Family Home (Naples)

3 Beds plus a Den and 2 Baths

2,249 Sq. Ft.

Built 2013

Private Naples Golf Community- 36 holes – Bundled Golf Community

(More about This Property) – (More about Twin Eagles) – (Twin Eagles Single Family Homes) – (Twin Eagles Condos)

 

Begin Searching for Luxury Florida Golf Homes for Sale:

2020 Naples Home Sales Finish June Strong

The latest 2020 Naples Home Sales report for the last week of June show there were 318 Homes Sold.

North Naples was in the top spot with 73 real estate transactions for the week. Of the 73 sales, 58 percent were single family homes and 39 percent were condos. The remaining property sold was a vacant lot.

East Naples remained in the second position with 58 real estate transactions for the week of the 29th. East Naples home sales consisted of 19 percent vacant lots, 26 percent single family homes and 55 percent were condos.

Finally, the City of Naples rounded out the week with 36 home sales. They were made up of 58 percent single family homes and 39 percent condos. The remaining property sold in Downtown Naples was a vacant lot.

In summary, the latest real estate transactions review for the week of June 29th show Naples homes sold were broken down as follows: 88 condos, 144 single family homes and 86 vacant lotssold throughout Collier County.

Naples Luxury Home Sales Report

Forty-two Naples luxury homes sold during the week. Luxury home prices ranged from $1,040,000 to $7,000,000.

• $1,000,000 – $1,999,999 price range – 22 homes sold
• $2,000,000 – $2,999,999 price range – 7 homes sold
• $3,000,000 – $4,999,999 price range – 10 homes sold
• $5,999,000 – $9,999,999 price range – 3 homes sold
• 10,000,000 plus – 0 homes sold

Naples Real Estate Transactions for the Week of June 29th – Organized by zip code:

City of Naples

• 34102 – 12 properties sold (7 single family homes and 5 condos)
• 34103 – 15 properties sold (10 single family homes and 5 condos)
• 34105 – 9 properties sold (1 vacant lot, 4 single family homes and 4 condos)

North Naples

• 34109 – 24 properties sold (1 vacant lot, 14 single family homes and 9 condos)
• 34110 – 19 properties sold (10 single family homes and 9 condos)
• 34119 – 30 properties sold  (3 vacant lots, 20 single family homes and 7 condos)

East Naples

• 34104 – 13 properties sold (4 single family homes and 9 condos)
• 34112 – 33 properties sold (9 vacant lots, 6 single family homes and 18 condos)
• 34113 – 12 properties sold (2 vacant lots, 5 single family homes and 5 condos)

Ave Maria and Immokalee

• 34142 – 10 properties sold (3 single family homes and 7 vacant lots)

Barefoot Beach

• 34134 – 3 properties sold (1 vacant lot and 2 single family homes)

Big Cypress

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

Chokoloskee

• 34138 –  1 property sold (1 condo)

Coco River

• 34108 – 24 properties sold (3 vacant lots, 16 single family homes and 5 condos)

Corkscrew

• 34120 –  45 properties sold (25 vacant lots, 19 single family homes and 1 condo)

Eastern Collier County

• 34114 – 29 properties sold (19 vacant lots, 6 single family homes and 4 condos)
• 34116 – 8 properties sold (1 vacant lot, 5 single family homes and 2 condos)

Marco Island

• 34145 – 19 properties sold (9 vacant lots, 6 single family homes and 4 condos)

July Real Estate Trends For Naples Florida

The July Real Estate Trends Report continues to show high demand for properties in Naples, Florida. Pending sales (homes under contract) increased 57.3 percent over last July and closed sale increased 35.4 percent during the same time period. At the same time, inventory is exceptionally low. Overall the number of Naples homes for sale declined 29 percent.

Lifestyle has become significantly more important to many people over the past several months. Home buyers are reassessing where they live and are embracing the freedom to work from anywhere. As a result, buyers are so motivated to move to larger homes in less populated areas that we’ve even sold multiple homes sight unseen. With low inventory, it is a seller’s market.

If you are considering selling, now is a good time to jump in the market to take advantage of the high demand for Naples property.

Finally, the real estate industry continues to adapt to today’s environment. The number of virtual open houses, high end video tours and live chat sessions with potential homebuyers continues to rise.  Additionally, as we transition to a virtual world, we’ve adopted paperless transactions for the entire real estate process so buyers and sellers are able to conduct transactions without traveling or leaving their homes.

2020 July Real Estate Trends

July 2020 Versus July 2019 Real Estate Activity Highlights

• Single family home sales increased by 43 percent with 637 Naples real estate transactions
• Condo sales increased to 517 sales which was a 27 percent decrease compared to last July
• Overall pending sales increased to 1,446 representing a 57 percent increase
• Overall inventory fell 29 percent down to 4,390 properties for sale compared to the same time last year
• Days on market decreased to 92 days which is an 12 percent decrease versus July 2019

Naples Closed Sales

The latest Naples real estate market reports show home sales are exceptionally strong during the month of July. Overall, closed sales increased in July by 35.4 percent compared to the same time last year.

Additionally, closed sales for the past 12 months shows home sales increased in almost every price category. Most notably, Naples Luxury homes between $1 million and $2 million lead the way with a 10.4 percent increase over the same time period last year. Also notable was the increase in sales between $500,000 and $1,000,000 which were up 9.9 percent.

Last month we saw a slight increase in ultra luxury homes sold above $2 million dollars which had a 0.6 percent increase in closed sales. This month, sales of ultra luxury Naples homes rose 3.1 percent.

Once again, it’s clear there is a shift in buyers looking for single family homes with more space and privacy. Single family home sales increased 5.1 percent compared to condos which decreased 1.6 percent.

Additionally, single family homes homes with at least four bedrooms saw a 10.2 percent increase in closed sales activity. As more home buyers make a shift to working remotely, surveys have shown they are looking for properties with enough rooms for their family as well as space for a dedicated home office.

Days on Market for Naples Home Sales

Due to the heightened demand for Naples homes, the number of days on Market decreased once again. Overall, the number of days a home was on the market before it went to contract dropped to 92 days which represented a 12 percent decline compared to July of last year. The price range with the largest decrease in days on market over the past 12 months were properties priced between $500,000 and $1,000,000.

Additionally, buyer interest continues to be significantly higher than usual for the summer months. There were 15,634 in person property showings in July. This activity does not include virtual showings and tours which are becoming routine. As buyers are reevaluating their lifestyles, the Naples area is high on the list for those looking for larger homes with more space in a safe community.

Naples Inventory of Homes for Sale

Overall inventory during June decreased 29 percent to 4,390 homes down from 6,168 homes in July of 2019. Single-family homes for sale fell by 38.9 percent and codos available for sale dropped by 17.9 percent.

As evident in the chart to the left, all price ranges saw major reductions to inventory levels. Properties priced between $300,000 and $500,000 saw the biggest impact with almost a 40 percent decline in properties for sale. The decrease in inventory is primarily due to pending home sales which rose significantly. In fact, total pending sales or homes that went to contract during the month increased from 919 to 1,446 which represented a 57.3 percent increase.

 

Additionally, several people have asked if homeowners are lowering home prices and the answer is a resounding “no”. Housing supply is just not keeping up with buyer demand. As a result of low inventory levels, home prices are actually increasing. Naples single family homes saw an increase of 14.1 percent in the median closed sales price. Similarly, Naples condos saw a 13.5 percent increase.

Also notable is the percentage of list price which increased 96 percent of list price for single family homes and 95.3 percent of list price of condos over the past 12 months. Ultimately, the percentage of list price increased or remained flat in all price categories. It remains a sellers market due to low inventory. Therefore, if you are a buyer, you should be prepared for homeowners who are usually less willing to negotiate.

Ultimately, Naples offers a luxury lifestyle with numerous outdoor activities, sunshine and low taxes. So, if you are considering relocating or perhaps buying a primary residence, second home or vacation property now is a great time start your search.

If you are seller contemplating listing your home, now is a good time to take advantage of the low inventory. Traffic has increased considerably over the past couple of months and virtual showings are the new normal. There are many buyers looking for homes in less populated areas and with more space and Naples is high on their list of destinations.

For those who are just in the planning stages of selling your home, there is no better time than now to connect with us to talk about how we can prepare your home for sale safely.

More July Real Estate Trends For Naples

July 2020 Naples Area Market Report

Luxury Golf Community Real Estate Trends

Find a Real Estate Expert Who Specializes in Golf Community Real Estate

Look for an agent who specializes in the type of community or properties you are interested in purchasing. If you are considering a Southwest Florida Golf Community, there are more than 150 golf course communities to chose from. How do you know which one is right for you and your family?  Find a specialist who has the knowledge and experience about golf community real estate to help you navigate the various clubs, courses, membership options, amenities and location that will best match your lifestyles.

“Luxury Lifestyle” has different meanings for different people. What does it mean to you? Golf course communities in our area have enhanced their amenities to provide members with the ultimate luxury experience. From wellness centers to pickleball and everything in between. We will help you identify the best communities to visit.

Do I need a Realtor if I’m Buying New Construction?

View Testimonials…

Selling Your Home? Work with an Experienced Naples Luxury Realtor

In today’s rapidly changing market, it’s critical to make sure you have a digital game plan and an effective online marketing strategy when selling your home. One of the ways your agent can help with this is to make sure your listing photos and virtual tours stand out from the crowd.

So, if you’re ready to move forward, our virtual practices can help make your sale happen. We know exactly what today’s buyers need, and how to put the necessary digital steps in place. For example, according to a survey, when asked to select what technology would be most helpful when deciding on a new home, here’s what today’s homebuyers said, in order of preference:

• Virtual tour of the home
• Accurate and detailed listing information
• Detailed neighborhood information
• High-quality listing photos
• Agent-led video chat
• Paperless transactions

So, if you are contemplating selling a home in Bonita Springs, Estero, Naples or Fort Myers, we encourage you to work with a Professional Real Estate Agent or REALTOR® who has the experience and knowledge to provide an accurate market comparison so you can determine the right asking price.

Now more than ever, an agent’s presence on the internet is critical to selling your home. Let’s connect to talk about how we would leverage new real estate technology such as virtual tours and high-end photography, e-mail marketing, social media marketing and much more.

Finally, if you live in a golf community in southwest Florida, you are competing with more than 150 other golf communities.  Contact us today to learn how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price.

Should I Use a Realtor or Sell on My Own?

August 23rd, 2020, Posted by NaplesGolfGuy

Real Estate Trends in Luxury Gated Golf Communities

Looking for the latest real estate trends in Luxury Gated Golf Communities in Southwest Florida? For the most comprehensive coverage of golf community information in Naples, Bonita Springs, Estero or Fort Myers, explore our site for answers to all of your questions. There are over 150 golf communities in the area, 90 percent of which have a private golf course within the community. With all of the various membership options, course designs, amenities and a wide area of home types available, it can be a challenge to select the right golf community to fit your lifestyle.

So, if you are searching for information on one of the best private golf course communities in Naples, Bonita Springs, Estero or Fort Myers, below you will find highlights for the latest real estate statistics for single-family golf homes and golf condos in our area.

Southwest Florida Luxury Golf Homes Sold

 

 

Naples Gated Golf Communities (Single Family Luxury Golf Homes Sold)

Audubon Country Club – 19 properties for sale, 25 properties closed over the past 12 months and average sales price $1,117,100

Collier’s Reserve – 9 properties for sale, 15 properties closed over the past 12 months and average sales price $1,486,993

Grey Oaks – 29 properties for sale, 52 properties closed over the past 12 months and average sales price $2,706,580

Kensington – 3 properties for sale, 14 properties closed over the past 12 months and average sales price $840,743

Lely Resort – 81 properties for sale, 106 properties closed over the past 12 months and average sales price $672,509

Mediterra – 42 properties for sale, 38 properties closed over the past 12 months and average sales price $2,143,980

Olde Cypress – 22 properties for sale, 30 properties closed over the past 12 months and average sales price $741,121

Pelican Bay – 20 properties for sale, 50 properties closed over the past 12 months and average sales price $2,566,670

Pelican Bay (Estates at Bay Colony) – 3 properties for sale, 3 properties closed over the past 12 months and average sales price $3,891,667

Pelican Marsh – 26 properties for sale, 59 properties closed over the past 12 months and average sales price $1,061,197

Quail Creek – 10 properties for sale, 20 properties closed over the past 12 months and average sales price $1,009,550

Quail West – 32 properties for sale, 58 properties closed over the past 12 months and average sales price $1,888,567

Talis Park – 9 properties for sale, 17 properties closed over the past 12 months and average sales price $1,945,559

Tiburon – 9 properties for sale, 11 properties closed over the past 12 months and average sales price $1,731,364

Vineyards – 19 properties for sale, 61 properties closed over the past 12 months and average sales price $668,935

 

Bonita Springs Gated Golf Communities (Single Family Luxury Golf Homes Sold)

Bonita Bay – 21 properties for sale, 55 properties closed over the past 12 months and average sales price $1,288,765

Palmira – 16 properties for sale, 38 properties closed over the past 12 months and average sales price $597,289

Pelican Landing – 26 properties for sale, 40 properties closed over the past 12 months and average sales price $732,778

Pelican Landing (The Colony) – 10 properties for sale, 6 properties closed over the past 12 months and average sales price $1,475,667

 

Estero Gated Golf Communities (Single Family Luxury Golf Homes Sold)

Miromar Lakes – 38 properties for sale, 39 properties closed over the past 12 months and average sales price $1,533,654

Pelican Sound –  0 properties for sale, 8 properties closed over the past 12 months and average sales price $658,125

Shadow Wood – 33 properties for sale, 45 properties closed over the past 12 months and average sales price $860,298

West Bay Club – 18 properties for sale, 20 properties closed over the past 12 months and average sales price $1,139,882

 

 

 

 

Fort Myers Luxury Gated Golf Communities (Single Family Luxury Golf Homes Sold)

Gulf Harbour Yacht and Country Club – 11 properties for sale, 26 properties closed over the past 12 months and average sales price $740,021

The Forest – 9 properties for sale, 22 properties closed over the past 12 months and average sales price $440,273

 

Luxury Golf Condo Trends in Southwest Florida

 

 

 

Naples Luxury Golf Communities (Condos)

Grey Oaks – 5 property for sale, 7 properties closed over the past 12 months and average sales price $811,571

Hammock Bay – 19 properties for sale, 31 properties closed over the past 12 months and average sales price $469,758

Kensington – 13 properties for sale, 10 properties closed over the past 12 months and average sales price $473,800

Lely Resort – 73 properties for sale, 175 properties closed over the past 12 months and average sales price $306,198

Mediterra – 22 properties for sale, 12 properties closed over the past 12 months and average sales price $561,069

Pelican Bay – 118 properties for sale, 231 properties closed over the past 12 months and average sales price $1,008,860

Pelican Marsh – 32 properties for sale, 79 properties closed over the past 12 months and average sales price $377,390

Talis Park – 22 properties for sale, 29 properties closed over the past 12 months and average sales price $882,176

Tiburon – 18 properties for sale, 35 properties closed over the past 12 months and average sales price $786,669

Vineyards – 44 properties for sale, 118 properties closed the over past 12 months and average sales price $345,811

 

 

 

 

Bonita Springs Luxury Golf Communities (Condos)

Bonita Bay – 69 properties for sale, 120 properties closed over the past 12 months and average sales price $793,988

Palmira – 7 properties for sale, 25 properties closed over the past 12 months and average sales price $318,829

Pelican Landing – 31 properties for sale, 78 properties closed over the past 12 months and average sales price $339,935

Pelican Landing (The Colony) – 46 properties for sale, 55 properties closed over the past 12 months and average sales price $870,420

 

 

 

 

 

Estero Luxury Golf Communities (Condos)

Miromar Lakes – 39 properties for sale, 41 properties closed over the past 12 months and average sales price $606,122

Pelican Sound – 4 properties for sale, 58 properties closed over the past 12 months and average sales price $304,617

Shadow Wood – 10 properties for sale, 31 properties closed over the past 12 months and average sales price $356,397

West Bay Club – 12 properties for sale, 25 properties closed over the past 12 months and average sales price $464,000

 

 

 

 

 

Fort Myers Luxury Golf Communities (Condos)

Gulf Harbour Yacht and Country Club – 43 properties for sale, 72 properties closed over the past 12 months and average sales price $454,395

Summary of Southwest Florida Luxury Golf Home Trends

Overall, the latest real estate trends for Luxury homes in golf communities throughout Naples, Bonita Springs, Estero and Fort Myers show the market for luxury properties continues to reflect the reduction in inventory. There are now only a few golf communities with an oversupply of inventory and therefore are considered great buying opportunities.

Whether you are considering a single-family home or a condo in a luxury golf community, inventory levels vary by community. A healthy level of inventory is between 6-7 months of supply of properties available. Since each community varies we recommend you use a real estate agent familiar with golf communities to navigate your way through your options.

Here are a couple of examples to show why it is important to have a very good understanding of the community and whether the inventory levels are healthy, or have high or low supply. Palmira only has 7 condos for sale and only 3.36 month’s supply of inventory which makes condos in this community a seller’s market. On the flip side, if you were looking for a single family home in Mediterra, there’s over a 13 month supply of Naples homes for sale making it a buyer’s market.

Also, fewer Luxury Golf Communities have more than 10 months’ supply of single-family home inventory. They include Pelican Landing, Mediterra, Miromar Lakes, and West Bay. So, if your a luxury home buyer, now would be a great time to look at property in one of these communities since there is an oversupply of luxury homes for sale. As a result, there should be room for negotiating a great price.

Contact us today to help you identify the best Southwest Florida golf community for you and your family and ensure the best return on your investment. At the same time, we will make your transaction as effortless as possible.

If you do not see a snapshot of the southwest Florida luxury private golf club community you are interested in, contact us for complete market analysis.

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