May Housing Update for Lee County

The Lee County May housing update showed there was more than $1.1 Billion in properties closed during May, up from $417 Million last year. The housing market continued to show a large increase in pending and closed sales for both single family homes and condos in Bonita Springs, Estero and Fort Myers.

As a result, overall inventory remains low in the area. While new properties were added daily during the month, the demand is higher than the market was able to accommodate. Due to the continued significant buyer demand combined with so few properties for sale, home values continue to increase.

Additionally, sellers continued to get list price or close to list price for their homes. So, the bottom line is it remains a seller’s market.

If you are considering selling, you are in the driver’s seat. Contact us today to learn about your home’s value in today’s market. It may be more than you realize.

May Housing Update – Single Family Homes

May 2021 versus May 2020 Single Family Home Highlights:

• Closed sales increased 82.4 percent going from 924 transactions up to 1,685 sales.
• Pending sales increased 11.5 percent up from 1,559 last May versus 1,738 this May.
• Inventory fell 65.9 percent down to 1,543 properties for sale compared to this same time last year when 4,522 homes were for sale.
• New listings increased from 1,390 up to 1,720 which was a 23.7 percent increase.
• Median days on market decreased to 14 days which is a 70.2 percent decrease versus May of 2020.
• Available inventory of single family homes ended May with a 1 months supply of homes available for sale, or a 75 percent decrease.

Similar to Naples and other areas of the country, we continued to see a shortage in inventory. However, on a positive note, new listings increased for the second straight month. While it was a step in the right direction, it still wasn’t enough to keep up with the high buyer demand. Inventory of single family homes remains low and combined with the high buyer demand, home prices continue to rise. The median sales price rose 38.7 percent in May compared to the same time last year.

As a result, seller’s have the advantage in the sales process. If you are considering buy a home, we’ll help provide you with all the market information needed to submit a compelling offer to give you the best chance to win the deal.

On the other hand, of you are considering selling a home, now would be a great time to list your property. You might be surprised to learn how much your home is worth in today’s market.

What is my home worth…

May Housing Update – Condos and Townhomes

May 2021 versus May 2020 Condo Highlights:

• Condo sales increased 149.6 percent going from 365 real estate transactions up to 941 sales.
• Pending sales increased 55.8 percent up from 577 last May to 899 this May.
• Inventory decreased 78.5 percent down to 607 condos for sale compared to last May when there were 2,827 units for sale.
• New listings decreased from 728 down to 726 which was an 1.6 percent decline.
• Median days to contract fell to 15 days which represented a 72.2 percent decrease versus May of 2020.
• Available inventory of condos ended April with a less than 1 months supply of properties available for sale which was a 84.6 percent decrease.

Similar to last month, condo closings and those going to contract increased significantly during the month. At the same time, the number of homes for sale decreased more than 75 percent which brings us to the lowest inventory on record.

Additionally, unlike last month which showed a significant increase in new condos added to the inventory levels, in May we saw another decline in condos for sale. Similar to single family homes, if you see a condo you are interested in purchasing, be prepared to move quickly with an offer. You should also be prepared to compete with other home buyers.

Bottom line, it remains a seller’s market.

Southwest Florida May Housing Update

Naples Golf Guy Monthly Newsletter – NEW!

2021 May Housing Update for Lee County Condos

2021 May Housing Update for Lee County Single Family Homes

SWFL Luxury Golf Community Trends

Naples Area Market Report

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

So, if you’re 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.

June 27th, 2021, Posted by NaplesGolfGuy

Golf Community Housing Trends

Are you looking for the latest Southwest Florida Golf Community Housing Trends? 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.

Florida Luxury Golf Community Housing Trends – Single Family Homes

Naples Florida Luxury Golf  Community Real Estate Trends (Single Family Luxury Homes)

Audubon Country Club – 5 properties for sale, 58 properties closed over the past 12 months and average sales price $1,191,149

Collier’s Reserve – 0 properties for sale, 23 properties closed over the past 12 months and average sales price $1,562,152

Greyhawk at GC of the Everglades – 0 properties for sale, 31 properties closed over the past 12 months and average sales price $696,121

Grey Oaks – 0 properties for sale, 93 properties closed over the past 12 months and average sales price $2,876,140

Kensington – 1 property for sale, 20 properties closed over the past 12 months and average sales price $904,325

Lely Resort – 6 properties for sale, 226 properties closed over the past 12 months and average sales price $748,593

Mediterra – 6 properties for sale, 89 properties closed over the past 12 months and average sales price $2,143,909

Olde Cypress – 0 properties for sale, 62 properties closed over the past 12 months and average sales price $955,877

Pelican Bay – 7 properties for sale, 67 properties closed over the past 12 months and average sales price $2,889,784

Pelican Bay (Estates at Bay Colony) – 2 properties for sale, 5 properties closed over the past 12 months and average sales price $4,730,000

Pelican Marsh – 6 properties for sale, 88 properties closed over the past 12 months and average sales price $1,440,840

Quail Creek – 3 properties for sale, 28 properties closed over the past 12 months and average sales price $1,453,857

Quail West – 5 properties for sale, 103 properties closed over the past 12 months and average sales price $2,370,509

Talis Park – 0 properties for sale, 31 properties closed over the past 12 months and average sales price $2,819,194

Tiburon – 2 properties for sale, 19 properties closed over the past 12 months and average sales price $2,043,697

Treviso Bay – 4 properties for sale, 58 properties closed over the past 12 months and average sales price $1,295,469

Vineyards – 1 property for sale, 96 properties closed over the past 12 months and average sales price $769,108

Bonita Springs Florida Luxury Golf Community Real Estate Trends (Single Family Luxury Homes)

Bonita Bay – 7 properties for sale, 90 properties closed over the past 12 months and average sales price $1,656,015

Palmira – 5 properties for sale, 58 properties closed over the past 12 months and average sales price $594,284

Pelican Landing – 34 properties for sale, 87 properties closed over the past 12 months and average sales price $846,878

Pelican Landing (The Colony) – 1 property for sale, 22 properties closed over the past 12 months and average sales price $1,582,273

Estero Florida Luxury Golf Community Real Estate Trends (Single Family Luxury Homes)

Miromar Lakes – 6 properties for sale, 93 properties closed over the past 12 months and average sales price $1,709,956

Pelican Sound –  0 property for sale, 10 properties closed over the past 12 months and average sales price $8716,800

Shadow Wood – 0 properties for sale, 81 properties closed over the past 12 months and average sales price $1,005,043

West Bay Club – 1 property for sale, 47 properties closed over the past 12 months and average sales price $1,145,746

Fort Myers Luxury Golf Community Home Trends (Single Family Luxury Homes)

Gulf Harbour Yacht and Country Club – 10 properties for sale, 56 properties closed over the past 12 months and average sales price $710,935

The Forest – 2 properties for sale, 34 properties closed over the past 12 months and average sales price $481,071

Southwest Florida Luxury Golf Community Housing Trends – Condos

Naples Florida Luxury Golf Community Trends (Condos)

Grey Oaks – 2 properties for sale, 15 properties closed over the past 12 months and average sales price $1,058,060

Hammock Bay – 7 properties for sale, 59 properties closed over the past 12 months and average sales price $517,558

Kensington – 1 property for sale, 40 properties closed over the past 12 months and average sales price $464,418

Lely Resort – 12 properties for sale, 274 properties closed over the past 12 months and average sales price $319,431

Mediterra – 0 properties for sale, 32 properties closed over the past 12 months and average sales price $592,000

Pelican Bay – 30 properties for sale, 429 properties closed over the past 12 months and average sales price $1,142,857

Pelican Marsh – 0 properties for sale, 135 properties closed over the past 12 months and average sales price $437,853

Talis Park – 8 properties for sale, 63 properties closed over the past 12 months and average sales price $1,010,873

Tiburon – 0 properties for sale, 59 properties closed over the past 12 months and average sales price $771,987

Treviso Bay – 6 properties for sale, 58 properties closed over the past 12 months and average sales price $321,101

Vineyards – 5 properties for sale, 161 properties closed the over past 12 months and average sales price $389,089

Bonita Springs Florida Luxury Golf Community Housing Trends (Condos)

Bonita Bay – 13 properties for sale, 195 properties closed over the past 12 months and average sales price $909,160

Palmira – 0 properties for sale, 36 properties closed over the past 12 months and average sales price $331,561

Pelican Landing – 4 properties for sale, 119 properties closed over the past 12 months and average sales price $354,004

Pelican Landing (The Colony) – 4 properties for sale, 113 properties closed over the past 12 months and average sales price $960,715

Estero Luxury Golf Community Housing Trends (Condos)

Miromar Lakes – 4 properties for sale, 94 properties closed over the past 12 months and average sales price $624,616

Pelican Sound – 0 properties for sale, 41 properties closed over the past 12 months and average sales price $309,937

Shadow Wood – 0 properties for sale, 40 properties closed over the past 12 months and average sales price $382,967

West Bay Club – 0 properties for sale, 33 properties closed over the past 12 months and average sales price $571,755

Fort Myers Florida Luxury Golf Community Housing Trends (Condos)

Gulf Harbour Yacht and Country Club – 3 properties for sale, 126 properties closed over the past 12 months and average sales price $545,044

Summary of Southwest Florida Luxury Golf Community Housing Trends

Overall, the latest Luxury golf property trends throughout Naples, Bonita Springs, Estero and Fort Myers show the market for golf properties continues to reflect minimal inventory.

Regardless of the inventory levels, we can help you identify which golf community or communities will fit your lifestyle and fit your criteria for amenities in your price range. With thee various fees associated with each golf community, it can be a challenge to determine what the total obligation will be for membership initiation fees as well as the annual obligation for membership dues and home owners association fees.

Since each community varies we recommend you use a real estate agent familiar with golf communities to navigate your way through your options. We’ve been helping connect buyers and sellers in golf communities for almost 20 years.

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.

Naples Real Estate Market Snapshot

The latest real estate market snapshot for the Naples area showed 1,618 properties sold for just over $1.4 Billion during May! The highest priced home sold for $14,950,000 in Port Royal. The luxury market remains strong as evident by the 323 properties sold at or above $1 Million. 

The increase in both pending sales and closed sales continued to contribute to our reduction in inventory. However, on a positive note, new listings to the market increased 8 percent compared to this time list year.

May 2021 versus May 2020 Highlights

• Closed sales increased 164 percent compared to May of last year.
• Overall pending sales increased 47 percent versus the same time last year.
• Inventory dropped 79 percent down from 6,177 homes to 1,290 homes for sale.
• Average days on market fell 52 percent down to 43 days.

Similar to the last two months, condos led the way with a 208.6 percent increase in closed sales. Single family home sales also showed a significant increase, up 124.5 percent compared to the same time last year. The increase in sales combined with low inventory has led to higher prices, with the overall median sales price increasing 29 percent.

Also notable, homes in the Naples area were being sold at 99.1 percent of list price. We continued to see multiple offers on a home. 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.

Ultimately, due to the high demand for homes and increasing prices, if you are considering selling it’s a great time to list your home and maximize your return on the property. There’s only

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…

New Construction in Naples Golf Communities

Builders are also recording record sales. Similar to resales, there are often more buyers than new homes available. An agent can help you put your best foot forward to increase your chances of submitting a winning bid.

Before you go it alone on a new construction property, remember the contractor’s real estate agent represents the builder’s best interest, not yours.  There is no cost to you to have an agent represent you.

There are only a few golf communities still offering new construction homes. To learn more about those communities, contact NaplesGolfGuy at 239-370-0892.

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

Real Estate Market Snapshot for Naples Luxury Homes

For the fourth 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 75 percent increase up from 50.2 percent during the previous month. Additionally, homes priced above $2 million saw an even larger increase in closed sales with a 106.3 percent compared to 67.7 percent increase during March.

Properties with at least four bedrooms or more remain at the top of the wish list for luxury home buyers.

Ultra Luxury home sales in various Naples Golf Communities continue to set records as well this year. Toping the list:

• $9,850,000 – 1201 Gordon River Trail in The Estuary at Grey Oaks with 11,098 square feet
• $8,000,000 – 349 Colony Dr. in Pelican Bay with 11,938 square feet
• $6,325,000 – 715 Hollybriar Ln. in Pelican Bay with 4,985 square feet
• $6,000,000 – 702 Bob White Ln. in Pelican Bay with 4,540 square feet

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

View large single family Naples luxury homes for sale…

May Naples Real Estate Market Reports

Naples Real Estate Market Snapshot

Naples Golf Guy Monthly Newsletter – NEW!

June 22nd, 2021 Posted by NaplesGolfGuy

Demand for Vacation Homes Is Still Strong

The demand for vacation homes remains strong. The pandemic was the catalyst which created a tremendous interest in vacation homes across the country. Throughout the last year, many people purchased second homes as a safe getaway from the challenges of the health crisis. With many professionals working from home and many students taking classes remotely, it made sense to see a migration away from cities and into counties with more vacation destinations.

Quail Creek Village House Just Sold

Honored to help our clients sell their Quail Creek Village House for top dollar! Listed and pending in just 3 days, this golf home sold for well above list price!

Quail Creek Village Villa House Sold– 11612 Quail Village Way – Sales Price $642,500

More About This Quail Creek Village Villa

A beautiful villa overlooking the golf course located in Quail Village Golf Club. A private Naples Golf Community offering a fun, yet challenging course for friendly members who enjoy the private golf club lifestyle. A highly desired, completely remodeled Aberdeen floor plan. Gorgeous tile and wood flooring throughout, large eat-in kitchen with quartz countertops, and new high-end custom cabinets with soft-close drawers and stainless steel appliances. All of the bathrooms have been beautifully updated.

High great room ceilings, Electric fireplace, updated wet bar, and expansive caged area provide for a great entertaining space. Enjoy your scenic lake and golf course views from your new picture window screen enclosure and oversized 2 car plus golf cart garage.

Social Quail Creek Village club membership included for all homeowners. Golf membership is available if desired.

• List Price $569,900
• Sold Price $642,500
• Four Bedrooms
• Two Full Bathrooms and One Half Bath
• 2,752 Square Feet Under Air
• Golf Course View
• Built in 1990
• Take a Tour…

More About the Quail Village Golf Club

Membership in Quail Village Golf Club is optional. This private golf club offers 18 holes of golf, which caters to a wide array of players at all skill levels. Membership is optional for residents of Quail Creek Village. In addition to the golf course and practice facilities, members will enjoy access to both tennis and Pickleball courts. The Clubhouse was recently renovated offering private dining or for a more casual option enjoy Bogeys Poolside Grill.

Conveniently located near I-75 and just a short drive away from downtown Naples or Fort Myers Airport.

April Sales Update for the Week of the 19th

The latest April Sales Update remained strong for the 3rd week of the month with 618 Homes Sold down slightly from the week before when there were 633 sales. The highest priced property sold for $24,595,500.

East Naples remained in the top slot for the week with 138 transactions down one sale compared to the week of the 12th. Home sales consisted of 7 percent vacant lots, 25 percent single family homes and 66 percent were condos. The remaining sale in the area was a mobile home.

North Naples stayed in the second position with 137 home sales up from 110 real estate transactions during the prior week. Of the 137 property sales, 4 percent were vacant lots, 45 percent were single family homes, 51 percent were condos.

Finally, the City of Naples ended the week with 77 home sales down from 93 properties sold during the previous week. Naples homes sales were made up of 4 percent vacant lots, 26 percent single family homes and 70 percent condos.

In summary, the latest real estate transactions review for the week of April 19th shows Naples homes sold were broken down as follows: 288 condos, 225 single family homes, 102 vacant lots and 3 mobile homes sold throughout Collier County.

Naples April Sales Update for Luxury Homes

Eighty-One Naples luxury homes sold during the week. Luxury home prices ranged from $1,000,000 to $24,595,500.

• $1,000,000 – $1,999,999 price range – 56 homes sold
• $2,000,000 – $2,999,999 price range – 12 homes sold
• $3,000,000 – $4,999,999 price range – 7 homes sold
• $5,999,000 – $9,999,999 price range – 4 homes sold
• 10,000,000 plus – 2 homes sold

Naples April Home Sales Recap – Organized by zip code:

City of Naples

• 34102 – 26 properties sold (1 vacant lot, 10 single family homes and 15 condos)
• 34103 – 29 properties sold (1 vacant lot, 3 single family homes and 25 condos)
• 34105 – 22 properties sold (1 vacant lot, 7 single family homes and 14 condos)

North Naples

• 34109 – 41 properties sold (20 single family homes and 21 condos)
• 34110 – 47 properties sold (1 vacant lot, 13 single family homes and 33 condos)
• 34119 – 49 properties sold (4 vacant lots, 29 single family homes and 16 condos)

East Naples

• 34104 – 36 properties sold (5 vacant lots, 7 single family homes and 24 condos)
• 34112 – 60 properties sold (1 mobile home, 3 vacant lots, 8 single family homes and 48 condos)
• 34113 – 42 properties sold (4 vacant lots, 19 single family homes and 19 condos)

Ave Maria and Immokalee

• 34142 – 16 properties sold (10 vacant lots and 6 single family homes)

Barefoot Beach

• 34134 –4 properties sold (4 single family homes)

Big Cypress

• 34117 – 18 properties sold (11 vacant lots and 7 single family homes)

Chokoloskee

• 34138 –4 properties sold (4 condos)

Coco River

• 34108 – 30 properties sold (2 vacant lots, 6 single family homes and 22 condos)

Corkscrew

• 34120 – 73 properties sold (37 vacant lots, 31 single family homes and 5 condos)

Eastern Collier County

• 34114 – 57 properties sold (1 mobile homes, 16 vacant lots, 27 single family homes and 13 condos)
• 34116 – 13 properties sold (1 vacant lot, 9 single family homes and 3 condos)

Goodland

• 34140 – 1 property sold (1 mobile home)

Marco Island

• 34145 – 50 properties sold (5 vacant lots, 19 single family homes and 26 condos)

Top Reasons to Own A House

What are the top reasons to own a house? Since it is National Homeownership Month, take time to appreciate everything owning your home has to offer.

Top Reasons To Own A House

• Investing in your financial future
• Family first
• A sense of stability, security and success
• Enjoy the comforts of home
• Contributing to your community

If you are considering Southwest Florida, let’s connect if you’re ready to become a homeowner this year.

Begin Your Own Property Search:

Luxury Quail West Home Under Contract!

Congratulations to a fantastic couple from Michigan who now have this Quail West Home under contract in Naples FL! An elegant single family home which is located in one of the best private golf communities in southwest Florida.

Quail West Luxury Golf Home – 5993 Sunnyslope Dr. Naples, FL 34119  – List Price – $3,000,000

More About This Quail West Home Under Contract

This magnificent Naples luxury home has a spectacular Western lake view. High vaulted ceilings with extensive millwork makes the home open and inviting from the moment you walk through the front door. An oversized lanai with 2,500 square feet of space under a screen enclosure features a salt water pool with waterfall, spa, outdoor kitchen and plenty of room for the family to enjoy the outdoor space.

• MLS 221041541
• Four Bedrooms Plus Den
• Five Full and One Half Bathrooms
• Three Car Garage
• 4,224 Square Feet Under Air
• Built in 2014

View homes available for sale…

More About Quail West

Quail West is one of the few golf course communities with two 18 hole championship golf courses. In addition, the club includes first-class practice facilities. Also, they recently finished a major renovation providing members with the ultimate luxury lifestyle. The grand 70,000 square foot clubhouse includes lavish men and women’s locker rooms, three dining venues, indoor pool, fitness center, spa and salon.

In addition to golf, the club also offers members tennis, pickleball and bocce ball. If you’re looking for a luxury golf community focused on health and wellness, the put this private country club near the top of your list. Learn more about Quail West…

Begin Your Own Property Search:

Greyhawk Home Under Contract in Golf Club of the Everglades

Congratulations to our client’s who now have their Greyhawk Home Under Contract! 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 – List Price $1,295,000

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

June 12th, 2020 Posted by NaplesGolfGuy

Luxury Quail Creek Home Sold!

This fabulous Quail Creek Home Sold to a fantastic couple from Texas!  Quail Creek is a Naples Gated Golf Community which offers two championship golf courses for members to enjoy.

Quail Creek Luxury Home Just Sold – 12911 Coco Plum LN – Sales Price $2,300,000

More About This Luxury Naples Golf Home Just Sold

An absolutely stunning single family home with spectacular views of the golf course and expansive lake. The new owners are looking forward to the opportunity to sit on the lanai and enjoy the Florida sunsets from the comfort of their own home.

The moment you walkthrough the door you will appreciate this exceptional floor plan featuring the perfect kitchen space with an oversized island, walk in pantry, gorgeous quartz countertops, gas cook top, and double wall oven to cater to your inner chef!

• Four Bedrooms Plus a Den
• Four Full Bathrooms and One Half Bath
• 5,000 Square Feet Under Air
• Golf Course View
• Three Car Garage
• Built in 1986

More About the Quail Creek Country Club

Quail Creek Country Club has two exciting eighteen-hole courses to choose from. Both courses offer a challenging but rewarding golf experience. Water hazards come into play on many of their holes. The greens are well maintained, and the fairways afford generous landing areas. Both courses are similar in design, but the Creek Course has more length from the back tees. One of the best values for real estate and golf.

This luxury golf community recently completed an $18 million renovation project which included improvements to the existing clubhouse.  Additionally, the renovations included rebuilding the current clubhouse, tennis and fitness building and cart barn.  There is a brand new 18,000 square foot Sports Center with a golf shop, tennis shop, Blue Zone certified fitness center, wellness center, and a spa.

Conveniently located near I-75 and just a short drive away from downtown Naples or Fort Myers Airport.

Find Your Dream Home