ESTERO AND BONITA SPRINGS HOUSING TRENDS

The latest Estero and Bonita Springs Housing Trends indicate a slight reduction for the month of August according the the most recent data released by B.E.A.R. (Bonita Springs-Estero Association of Realtors).

Overall, in August, the Bonita Springs and Estero markets continued to show the typical decreases in pending sales and closed sales during the off season.  As such, pending sales for both condos and single-family homes decreased 9 percent compared to  August of 2016. Also, the total number of closed sales for the same time period was down 24 percent.

Additionally, the days on market for all properties in the area increased 5 percent.  With inventory remaining consistent with the summer months, and prices remaining relatively stable, now is a good time to purchase a property in the Estero and Bonita Springs area.

Finally, it’s an especially good time of year to purchase new construction.  Builders want to eliminate inventory and models sitting on the market before year end.  Just remember, the builders sales agent is looking out for the best interest of the builder, not your best interest.  There is no cost to you to have a real estate agent represent you.  In fact, we will either save you money or help you negotiate more incentives.  If you are considering buying a new construction home, contact me for a list of communities with new homes or condos.

Bonita Springs & Estero Single Family Market Data – August 2017

Year-Over-Year Bonita Springs Housing Trends for Single Family Homes

• Closed Sales decreased from 85 in July of 2016 down to 74 in August of 2017 which is a 12.9 percent decrease
• Pending Sales decreased 20.2 percent down from 109 to 87 compared to August of last year
• Inventory increased from 470 homes up to 487 during August which is a 3.6 percent increase
• Average sales price decreased less than 1 percent from $426,203 down to $424,816
• New Listings decreased 12.2 percent, down from 131 properties to 115 for the month

So, for single family home sales in SWFL, both closed sales and pending sales decreased following the typical pattern of the summer months in our area.  Also, inventory increased slightly compared to this time last year.  With the average sales price staying stable, inventory remaining tight, now is the the time to buy a single-family home.  Prices are just going to continue to rise and there’s no end in sight for the limited inventory.

Bonita Springs and Estero Condo Market Data – August 2017

Year-Over-Year Housing Trends for Condos

• Closed Sales increased from 45 in July of 2016 up to 52 in August of 2017 which is a 15.6 percent increase
• Pending Sales increased 37.0 percent up from 54 to 74 compared to August of last year
• Inventory increased from 405 condos up to 427 during August which is a 5.4 percent increase
• Average sales price fell from $359,248 down to $276,765 which is a 23 percent decrease
• New Listings increased 1.2 percent up from 84 to 83 for the month

The condo market in the Bonita Springs and Estero area continues to remain active.  Both closed sales and pending sales continue their upward trend according to the August sales data.  Pending sales showed a significant increase, up 37 percent compared to the same month last year.  Also, closed sales for August were up double-digits during the same time period. If you are thinking of selling your condo, now is a great time.  If you’re considering buying one, the good news is there was a slight increase in inventory which means a small increase in properties to choose from.

Finally, it’s too early to tell how Hurricane Irma will impact the market.  Based on recent activity, local analysts anticipate the impact will be minor. Additionally, based on my personal experience, clients are still headed to town to look at property, they’ve just delayed their trip by a couple of weeks.

Additional Articles for August Housing Trends:

Florida Real Estate Market Report August 2017

BEAR Market Report August 2017

Recent Real Estate Transactions

October 18, 2017 Posted by Matt

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Leawood Lakes Home Price Reduction – $249,500

This affordable single family Leawood Lakes home price was just reduced today! And, the home is centrally located in Naples FL.  There are only 5 properties available for sale in this community right now.  And this affordable single family home has 3 Bedrooms, 2 Bathrooms and an attached garage with plenty of space!  Also, recently a new AC system, washer, dryer and dishwasher was installed.  Additionally, the home includes a finished garage, wood and tile flooring, upgraded kitchen cabinets, crown molding and more! Conveniently located just minutes from the Gulf of Mexico, it is a great property, in a great location at a great price! Immediate occupancy available.

409 Leawood Cir. Naples FL 34104

Leawood Lakes Home Property Details:

• • Leawood Lakes Home Price: $249,500
  • Status: Active
  • Address: 409 Leawood CIR
  • NAPLES, Florida 34104
  • Bedrooms: 3
  • Full Baths: 2
  • Square Feet: 1,623

Leawood Lakes Community Information:

Leawood Lakes is a charming community consisting of single family homes located on Radio Road in Naples. And, this neighborhood consists of 2 and 3 bedroom homes that range between 1,000 and 2,000 square feet of living space. Also, there is a community pool for the residents and a play area for children to enjoy. Finally, several of the properties have water views.

View all homes for sale in Leawood Lakes.

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About Matt Klinowski

October 18, 2017 Posted by Matt

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SWFL Real Estate Sales

Overall, there were 309 SWFL Real Estate Sales in Ft. Myers, Bonita Springs and Estero  from September 30th through October 7th.  Once again, Ft. Myers had the most real estate activity with 193 property sales.  And, Estero was a second with a total of 69 property sales.

Additionally, of the 193 closings in Fort Myers, 62 percent of them were vacant lots and 24 percent of them single family homes.  The remaining units sold were notes parcels, mobile homes and single family homes. Most importantly, the significant increase in lots sold was due to the purchase of a motor coach community. Further, of the 69 Estero properties sold, 36 percent of them were single-family homes and 33 percent were condos. And, the rest of the closings were mobile homes or vacant lots.

Finally, Bonita Springs finished the week with a total of 47 property sales, 49 percent of which were condos.

In summary, 90 single family homes, 56 condos, 144 vacant lots, 8 notes parcels, 4 commercial units, 4 mobile homes, 1 manufacturing facility, 1 agricultural lot and 1 common area sold during the week.

Lee County properties sold by zip code

Bonita Springs

• 34134 – 15 properties sold (1 commercial unit, 3 single family homes and 11 condos)
• 34135 – 32 properties sold (1 agricultural lot, 1 vacant lots, 3 commercial units, 15 single family homes, and 12 condos)

Fort Myers

• 33912 – 14 properties sold (1 manufacture building,2 vacant lots, 5 single family homes and 6 condos)
• 33913 – 165 properties sold (1 common area, 8 notes parcels, 115 vacant lots, 30 single family homes and 11 condos)
• 33967 – 14 properties sold (3 vacant lots and 11 single family homes)

Estero

• 33928 – 58 properties sold (4 mobile homes, 22 vacant lots, 22 single family homes and 10 condos)
• 34134 – 5 property sold (1 single family home and 4 condos)
• 34135 – 4 properties sold (1 vacant lot, 1 single family home and 2 condos)
• 33967 – 2 properties sold (2 single family homes)

October 17, 2017 Posted by Matt

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Weekly Real Estate Update – August 14th

Overall, during the week of August 14th, there were 233 real estate transactions in Collier County, up from 199 last week.  Once again, North Naples real estate sales continue to lead the way with the most transactions.  East Naples showed the second highest activity.  Ultimately, North Naples ended the week with 60 properties sold up from 43 during the previous week. And, East Naples ended with 43 homes sold up from 32 sales the prior week.

Additionally, of the 60 properties sold in North Naples, 33 percent of them were condos and 48 percent of them were single family homes.  So, the remaining properties sold in North Naples were vacant lots. Also, in the East Naples area, there were 43 transactions, 53 percent of which were condos. And, 37 percent of the East Naples properties sold were single family homes.  Similar to North Naples, the remaining properties sold were vacant lots.

In summary, your weekly real estate update for August 14th through August 20th shows 87 condos, 93 single family homes, 50 vacant lots and 3 mobile homes sold in the Naples area.

Weekly Real Estate Update (August 14th-20th) Naples Home Sales by zip code

City of Naples

• 34102 – 15 properties sold (2 vacant lots, 8 single family homes and 5 condos)

Naples Florida

• 34103 – 6 properties sold (4 single family homes and 2 condos)
• 34105 – 8 properties sold (2 single family homes and 6 condos)

North Naples

• 34109 – 19 properties sold (4 vacant lots, 10 single family homes and 5 condos)
• 34110 – 19 properties sold ( 2 vacant lots, 8 single family homes and 9 condos)
• 34119 – 22 properties sold (5 vacant lots, 11 single family homes and 6 condos)

East Naples

• 34104 – 9 properties sold (3 single family homes and 6 condos)
• 34112 – 11 properties sold (1 vacant lot, 5 single family homes and 5 condos)
• 34113 – 23 properties sold (3 vacant lots, 8 single family homes and 12 condos)

Eastern Collier County

• 34114 – 22 properties sold (3 mobiles homes, 12 vacant lots, 1 single family home and 6 condos)

Golden Gate

• 34116 – 9 properties sold (8 single family homes and 1 condo)

Barefoot Beach

• 34134 – 1 property sold (1 condo)

Big Cypress

• 34117 – 9 properties sold (3 vacant lots and 6 single family homes)

Coco River

• 34108 – 10 properties sold (1 vacant lot, 3 single family homes and 6 condos)

Corkscrew

• 34120 –  21 properties sold (11 vacant lots, 8 single family homes and 2 condos)

Goodland

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

Immokalee and Ave Maria

• 34142 – 10 properties sold (8 vacant lots and 2 single family homes)

Marco Island

• 34145 – 18 properties sold (1 vacant lot, 8 single family homes and 9 condos)

Weekly Real Estate Update – Sales for Aug. 14th to 20th

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About Matt Klinowski

October 12, 2017 Posted by Matt

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Lee County Properties Sold

Overall, there were 143 Lee County Properties Sold in Ft. Myers, Bonita Springs and Estero during the week of September 16th through 23rd.  Once again, Ft. Myers had the most activity with 78 real estate transactions.  And, Bonita Springs was a second with a total of 55 property sales.

Additionally, of the 78 closings in Fort Myers, 37 percent of them were single-family homes and 22 percent of them were condos.  Additionally, 22 percent of the transactions in the Ft. Myers area were vacant lots.  The remaining units sold were mobile homes and multi-family units. Further, of the 55 Bonita Springs properties sold, 35 percent of them were single-family homes and 35 percent were condos. And, the rest of the closings were coops, multi-family units, mobile homes or vacant lots.

Finally, Estero finished the month with a total of 31 property sales, 55 percent of which were single family homes.

In summary, 56 single family homes, 33 condos, 44 vacant lots, 6 commercial units, 3 mobile homes and 1 multi-family property sold during the week.

Lee County properties sold by zip code

Bonita Springs

• 34134 – 9 properties sold (1 mobile home, 6 single family homes and 2 condos)
• 34135 – 46 properties sold (1 coop, 1 multi-family unit, 14 vacant lots, 13 single family homes, and 17 condos)

Fort Myers

• 33912 – 20 properties sold (2 vacant lots, 11 single family homes and 7 condos)
• 33913 – 48 properties sold (1 mobile home, 14 vacant lots, 18 single family homes and 12 condos)
• 33967 – 10 properties sold (1 multi-family unit, 1 vacant lot and 8 single family homes)

Estero

• 33928 – 26 properties sold (1 mobile home, 10 vacant lots, 12 single family homes and 3 condos)
• 34134 – 1 property sold (1 single family home)
• 34135 – 2 properties sold (2 single family homes)
• 33967 – 2 properties sold (2 single family homes)

Miromar Lakes (golf community)

• 33913 – 5 properties sold (2 vacant lots, 1 single family home and 2 condos)

October 8, 2017 Posted by Matt

Leawood Lakes Home Listed – $249,500

This Leawood Lakes Home listed is 1 of only 3 properties for sale in this affordable Naples community.  And, the property has  3 Bedroom and 2 Bathrooms under 1,600 square feet of air.  Centrally located at 513 Leawood Circle in Naples Florida, it is just minutes from downtown Naples, shopping and the beautiful beaches of southwest Florida.

513 Leawood Lakes Cir. Naples, FL 34104

Recently renovated, this home has a new AC system and hot water heater. Additional features include an attached finished garage and comfortable living space. This property could be a primary residence or investment.  Finally, the home is move in ready!

Leawood Lakes Community Information:

Leawood Lakes is a charming community consisting of single family homes located on Radio Road in Naples. And, this neighborhood consists of 2 and 3 bedroom homes that range between 1,000 and 2,000 square feet of living space. Also, there is a community pool for the residents and a play area for children to enjoy. Finally, several of the properties have water views.

Begin Your Own Naples Property Search:

About Matt Klinowski

October 8, 2017 Posted by Matt

Just Relisted Leawood Lakes Home – $253,500

Just Relisted this Leawood Lakes home in Naples FL.  There are only 3 properties available for sale in this community right now.  And this affordable single family home has 3 Bedrooms, 2 Bathrooms and an attached garage with plenty of space!  Also, recently a new AC system, washer, dryer and dishwasher was installed.  Additionally, the home includes a finished garage, wood and tile flooring, upgraded kitchen cabinets, crown molding and more! Conveniently located just minutes from the Gulf of Mexico, it is a great property, in a great location at a great price! Immediate occupancy available.

409 Leawood Cir. Naples FL 34104

Relisted Leawood Lakes Home Property Details:

• • Listing Price: $253,500
  • Status: Active
  • Address: 409 Leawood CIR
  • NAPLES, Florida 34104
  • Bedrooms: 3
  • Full Baths: 2
  • Square Feet: 1,623

Leawood Lakes Community Information:

Leawood Lakes is a charming community consisting of single family homes located on Radio Road in Naples. And, this neighborhood consists of 2 and 3 bedroom homes that range between 1,000 and 2,000 square feet of living space. Also, there is a community pool for the residents and a play area for children to enjoy. Finally, several of the properties have water views.

Begin Your Own Naples Property Search:

About Matt Klinowski

October 7, 2017 Posted by Matt

Naples August Property Sales Increase

Overall, Naples August home property sales increased 5 percent compared to the same time last year.  The total number of homes sold during August of 2017 was 685 compared to 654 in August of 2016 according to the latest real estate market report released by the Naples Area Board of REALTORS (NABOR).

Additionally, the overall median close sales price in August was $328,000, up from $320,000 during the same month last year.  Notably, the single-family median close sales price increased significantly up from $384,000 to $422,000 during the same time period.

Finally, single-family home inventory continues to decrease.  Available inventory during the month of August was 2,446 compared to 2,554 during August of 2016.  Having said that, inventory usually declines during the summer months in SWFL.

August 2017 Year-Over-Year Real Estate Statistics

Overall Single Family Home and Condo Year over Year Highlights:

Hurricane Irma Impact:

While it’s still too early to know the full extent of the impact of the hurricane on home sales, analysts indicate we will have a market slow down for about 30 days, then it will bounce back.

To date, there’s only been a few cancellations of sales due to the storm.  However, there have been many closings delayed while repairs are made.  Additionally, insurance providers were unable to write policies while a named storm was in the Gulf of Mexico.  As a result, several closings were delayed.

As we get back to normal, and we are getting back to normal, clients are returning to the area to look at properties.

To view the entire Naples August Property Sales report, visit www.NaplesArea.com

Other Articles:

Realtors Confidence August 2017 Index

Real Estate Transactions Week of August 7th

Begin Your Own Naples Property Search:

About Matt Klinowski

October 5, 2017 Posted by Matt

Week of August 7th Naples Property Transactions

Overall, during the week of August 7th Naples Property Transactions totaled 199 sales.  North Naples real estate sales continue to lead the way with the most transactions.  East Naples showed the second highest activity.  Ultimately, North Naples ended the week with 43 properties sold down from 62 during the previous week. And, East Naples ended with 32 homes sold down from 46 sales the prior week.

Additionally, of the 43 properties sold in North Naples, 37 percent of them were condos and 40 percent of them were single family homes.  So, the remaining properties sold in North Naples were vacant lots. Also, in the East Naples area, there were 32 transactions, 33 percent of which were condos. And, 41 percent of the East Naples properties sold were single family homes.  Similar to North Naples, the remaining properties sold were vacant lots.

Also, the Corksrew area saw a fair amount of activity with 30 property transactions.  And, 57 percent of those sales were vacant lots.  The remaining sales were single family homes and condos.

In summary, Naples Property Transactions for the week of August 7th included 77 condos, 72 single family homes and 50 vacant lots. 

Week of August 7th Naples Property Transactions by zip code

City of Naples

• 34102 – 5 properties sold (2 single family homes and 3 condos)

Naples Florida

• 34103 – 7 properties sold (1 single family home and 6 condos)
• 34105 – 8 properties sold (1 vacant lot, 2 single family homes and 5 condos)

North Naples

• 34109 – 13 properties sold (2 vacant lots, 8 single family homes and 3 condos)
• 34110 – 13 properties sold ( 1 vacant lot, 2 single family homes and 10 condos)
• 34119 – 17 properties sold (7 vacant lots, 7 single family homes and 3 condos)

East Naples

• 34104 – 10 properties sold (5 single family homes and 5 condos)
• 34112 – 14 properties sold (1 vacant lot, 5 single family homes and 8 condos)
• 34113 – 8 properties sold (1 vacant lot, 3 single family homes and 4 condos)

Eastern Collier County

• 34114 – 9 properties sold (3 vacant lots, 1 single family home and 5 condos)

Golden Gate

• 34116 – 6 properties sold (1 vacant lot, 4 single family homes and 1 condo)

Barefoot Beach

• 34134 – 1 property sold (1 condo)

Big Cypress

• 34117 – 12 properties sold (6 vacant lots and 6 single family homes)

Coco River

• 34108 – 18 properties sold (2 vacant lots, 8 single family homes and 8 condos)

Corkscrew

• 34120 –  30 properties sold (17 vacant lots, 9 single family homes and 4 condos)

Everglades

• 34139 – 2 properties sold (2 condos)

Immokalee and Ave Maria

• 34142 – 6 properties sold (4 vacant lots and 2 single family homes)

Marco Island

• 34145 – 20 properties sold (4 vacant lots, 7 single family homes and 9 condos)

Collier County Real Estate Transactions Week of Aug. 7th

Begin Your Own Naples Property Search:

About Matt Klinowski

October 6, 2017 Posted by Matt

SWFL Golf Courses Open

Many of you may be wondering what is the status of all the SWFL golf courses and when will the various golf courses open.  As you can image, several of them have water and tree damage due to Hurricane Irma.  Thanks to the SWFL Chapter of the PGA, the following is a list of anticipated open dates for SWFL Golf Courses.

Golf Facilities and Golf Courses Open:

• Alico Family Golf Center – Open for Business 
• Arrowhead Golf Club – Open for Business 
• Audubon Country Club – Tentatively October 3-13, 2017 
• Bay Colony Golf Club – Middle to Late October 
• Bears Paw Country Club – Open for Business 
• Blue Heron Pines Golf & Country Club – Open for Business 
• Bonita National Golf & Country Club – Open for Business 
• Copperleaf Golf Club – Open for Business 
• Countryside Golf & Country Club – Tentatively Late October 
• Cypress Lake Country Club – Tentatively November 1, 2017 or Later 
• Del Tura Country Club – Open for Business 
• Deep Creek Golf Club – Open for Business 
• Eagle Creek Golf & Country Club – November 1, 2017 
• Easy Picker Golf Products – Open for Business 
• Esplanade Golf & Country Club – Open for Business 
• Glades Country Club – Open for Business 
• Golf Club of the Everglades – Open for Business 
• Grey Oaks Country Club – Open for Business 
• Gulf Harbour Yacht & Country Club – Open for Business 
• Hammock Bay Golf & Country Club – Open for Business 
• Heritage Bay Golf & Country Club – Open for Business 
• Heritage Palms Golf & Country Club – Open for Business 
• Hibiscus Golf Club – Open for Business 
• Highland Woods Golf & Country Club – October 9, 2017 
• Imperial Golf Club – Open for Business (West Course Only) 
• Kelly Greens Golf & Country Club – Open for Business 
• Kingsway Country Club – Open for Business 
• LaPlaya Golf Club – Tentatively Middle of October 
• Legends Golf & Country Club – Open for Business 
• Mirror Lakes Golf Club – Tentatively October 7, 2017
• Naples Beach Hotel & Golf Club – Open for Business
• Naples Heritage Golf & Country Club – Open for Business 
• Old Corkscrew Golf Club – Open for Business 
• Olde Florida Golf Club – Open for Business
• Palmetto-Pine Country Club – Open for Business 
• PGA Tour Superstore Naples – Open for Business 
• Pelican Nest Golf Club – Open for Business 
• Pelican Sound Golf & River Club – Open for Business 
• Pelican Preserve Golf Club – Open for Business 
• Port Charlotte Country Club – Open for Business 
• River Hall Country Club – Open for Business 
• Riverwood Golf Club – Open for Business 
• Royal Palm Country Club of Naples – Open for Business 
• Royal Wood Golf & Country Club – Open for Business 
• San Carlos Golf Club – Open for Business
• Shadow Wood Country Club – Open for Business 
• Spring Run Golf Club – Open for Business 
• Stonebridge Country Club – Open for Business 
• Stoneybrook Golf Club of Estero – Open for Business
• Tiburon Golf Club – Open for Business 
• The Bonita Bay Club – Marsh Course Open/Naples Course Closed until further notice 
• The Classics at Lely Resort – October 15, 2017 
• The Club at Mediterra – Open for Business 
• The Club at Renaissance – Closed until further notice 
• The Club at Shell Point – Open for Business 
• The Club Pelican Bay – Open for Business 
• The Country Club of Naples – Open for Business 
• The Forest Country Club – Open for Business 
• The Old Collier Golf Club – Open for Business 
• The Quarry Golf Club – Open for Business 
• The TwinEagles Club – Open for Business 
• TPC Treviso Bay – Open for Business 
• Vanderbilt Country Club – Tentatively October 3, 2017 
• Vasari Country Club – October 16, 2017 
• Villages at Country Creek – Open for Business 
• Vineyards Country Club – Open for Business
• Verandah Golf Club – Open for Business 
• Wildcat Run Golf & Country Club – October 23, 2017 
• Windstar of Naples Bay – Closed until further notice 
• West Bay Club – Open for Business 
• Worthington Country Club – March 1, 2018

Print Full List of SWFL Golf Courses Open

Check back for updates on when SWFL golf courses open.

Golf Community Real Estate:

Bottom Line:

About Matt Klinowski

October 3rd, 2017 Posted by Matt