Southwest Florida Sales

The latest Southwest Florida sales report for the week of November 21st showed there were 174 properties sold in Bonita Springs, Estero and Southern Fort Myers.

Southern Fort Myers jumped into the top spot for the most real estate transactions for the week with 40 property sales. Transactions were as follows: 23 percent vacant lots, 15 percent were condos and 55 percent were single family homes. The remaining Fort Myers properties sold were commercial units and a mobile home.

Bonita Springs rounded out the week in the second position with 25 real estate transactions. Of the 25 real estate sales, 8 percent were vacant lots, 20 percent were condos and 64 percent were single family homes. The other property sales were a multi-family unit and commercial unit.

Finally, Estero fell to the third position with 20 property sales. Home sales were split between multiple property types. Of the 20 home sales, 20 percent were vacant lots, 25 percent were condos and 55 percent were single family homes.

In review, based on the real estate transactions report for the week of November 21st, property sales were broken down by the following types in Southwest Florida: 18 condos, 49 single family homes, 15 vacant lots, 3 commercial units, 1 mobile home and 1 multi-family unit.

Southwest Florida Home Sales by zip code

Bonita Springs

• 34134 – 9 properties sold (1 commercial unit, 5 single family homes and 3 condos)
• 34135 – 16 properties sold (1 multi-family unit, 2 vacant lots, 11 single family homes and 2 condos)

Southern Fort Myers

• 33912 – 8 properties sold (1 commercial unit, 4 single family homes and 3 condos)
• 33913 – 23 properties sold (1 commercial unit, 1 mobile home, 7 vacant lots, 11 single family homes and 3 condos)
• 33967 – 9 properties sold (2 vacant lots and 7 single family homes)

Estero

• 33928 – 14 properties sold (4 vacant lots, 7 single family homes and 3 condos)
• 33967 – 2 properties sold (2 single family homes)
• 34134 – 2 properties sold (1 single family home and 1 condo)
• 34135 – 2 properties sold (1 single family home and 1 condo)

Miromar Lakes

• 33913 – 2 properties sold (2 condos)

Southwest Florida Sales Reports:

Lee County Real Estate Transactions Week of Nov. 21st 2020

Naples Real Estate Review

Luxury Grey Oaks Property Pending Sale in The Estuary

Congratulations to a wonderful couple from Connecticut who now have this Luxury Grey Oaks Property pending sale! An exceptional location overlooking the Estuary golf course in one of the most exclusive golf communities in Naples Florida.

Grey Oaks offers the ultimate luxury lifestyle with world-class amenities. And for the golf enthusiast it is one of the very few private country clubs with three golf courses.

Grey Oaks Property Pending Sale – 1564 Marsh Wren Lane, Naples FL  – List Price $2,595,000

More About This Grey Oaks Property Pending Sale:

This fabulous single family home is located on a premium lot overlooking the Estuary golf course in Grey Oaks. An expansive luxury home with plenty of space for the entire family. A large open lanai with pool and spa is perfect for everyone to enjoy. Relax after a round of golf and take in the sunshine and serenity of golf course living in a private gated Naples golf community.

• Single Family Home
• Three Bedrooms plus Den
• Three Full Bathrooms and One Half Bathroom
• 3,477 square feet under air
• Golf and Lake Views

If you are looking for the ultimate luxury lifestyle in a Naples gated golf community, Grey Oaks is a must see!

View single family homes for sale in Grey Oaks…

More About Grey Oaks Country Club

Grey Oaks Living at its finest! The Grey Oaks Lifestyle is the ultimate Naples luxury experience, which is just about impossible to beat.  Resort Style living within 5 miles of downtown Naples and the white sandy beaches of the Gulf of Mexico.  This luxury golf community is the only one in Naples with 3 private golf courses.

In addition to the 3 championship golf courses, the club has recently undergone a major renovation to its amenities making the exclusive golf club even more amazing with its wellness and fitness center, health café and tranquility spa. For individuals looking for other outdoor activities, the club now includes Pickle Ball Courts, Bocce Ball, and 8 Har-Tru Tennis courts. The new resort style pool is family friendly and an elegant but casual Pool Café with poolside service has been added.

Read more about the Grey Oaks Lifestyle…

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Naples Real Estate Update

November Real Estate Review For Naples Florida

The November Real Estate Review for Naples Florida continues to show very strong activity. Pending sales (homes under contract) increased 44 percent over last November and closed sales increased 59 percent during the same time period. Additionally, overall the number of Naples homes for sale declined 43 percent. The sustained market demand is placing pressure on home values. Both the median and average home sale prices saw significant increases during the month.

A combination of out of state buyers and homeowners looking to upgrade to homes with more space in their existing communities is driving sales of larger properties. Single family homes and condos above $2,000,000 saw the largest gains in activity during the month with a 51.6 percent increase in closed sales.

2020 November Real Estate Review

November 2020 Versus November 2019 Real Estate Activity Highlights

• Single family home sales increased by 53 percent with 567 Naples real estate transactions
• Condo sales increased to 559 sales which was a 65 percent increase compared to last November
• Overall pending sales increased to 1,466 representing an 44 percent increase
• Overall inventory fell 43 percent down to 3,658 properties for sale compared to the same time last year
• Days on market decreased to 79 days which is a 14 percent decrease versus November of 2019

Despite the fact that it’s a seller’s market, buyers continue to buy vacation homes or relocate to Naples altogether. So, if you are considering selling, now is an excellent time to jump in the market to take advantage of the high demand for Naples property.

Naples Closed Sales

The latest Naples real estate market reports show home sales were very strong during November. Overall, closed sales increased 17.8 for the past 12 months.

Additionally, once again closed sales increased in every price category. Most notably, Naples Luxury homes priced above $2 million increased significantly with a 51.6 percent increase over the same time period last year. Also notable was the increase in sales between $500,000 and $2,000,000 which were up 30 plus percent.

The most expensive home sold in Naples during the month was in Port Royal for $13,800,000. For those purchasing luxury golf homes, Pelican Bay, Grey Oaks and Quail West topped the list with the highest priced home sold coming in at $6,150,000.

The trend of homebuyers looking for properties with more space continued during November. Sales of single family homes with 4 bedrooms or more increased 32.1 percent and condos with at least 4 bedrooms increased 58 percent.

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, home schooling and home fitness.

View Large Single Family Homes for Sale in Naples Gated Golf Communities…

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 79 days which represented a 14 percent decline compared to November of last year.

Single family homes saw a 15.4 percent decline and condos saw a 12.9 percent decline in days on market. The price range with the largest decrease in the average number of days between when a property was listed and when an offer was accepted over the past 12 months were properties priced between $500,001 and $1,000,000.

Naples Inventory of Homes for Sale

Similar to the rest of the country, inventory in the Naples area remains a challenge. Overall inventory during November decreased 43 percent to 3,658 homes. Single-family homes for sale fell by 51.9 percent and condos available for sale dropped by 34.6 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 a 50 percent decline in properties for sale. Similar to the previous month, the decrease in inventory is primarily due to the large number of pending and closed sales which rose significantly.

Additionally, due to heightened demand and the low supply of homes for sale, the median price of homes sold increased 21.4 percent compared to November of 2019. Bidding wars have become common so home buyers should be prepared to make an offer quickly if they see a property they are interested in buying.

Also notable is the percentage of list price which rose to 97 percent of list price for single family homes and 96.1 percent of list price of condos over the past 12 months. Ultimately, the percentage of list price increased in all price categories. So, it remains a sellers market due to low inventory. Therefore, if you are a buyer, you should be prepared for homeowners who are less willing to negotiate.

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

If you are seller contemplating listing your home, now is an ideal time to maximize the value of your home. Buyer traffic continues to increase and season is still a couple of months away. 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 learn about your home’s value.

November Real Estate Review For Naples Florida

Naples Area Market Report – November 2020

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?

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?

View Testimonials…

December 24th, 2020, Posted by NaplesGolfGuy

The Holidays Aren’t Stopping Homebuyers This Year

Homebuyers this year are as active as shoppers on Black Friday and Cyber Monday! Finding the perfect holiday gift for your family is top of mind for many right now. And number one on the wish list for many families is a new home with more space for ‘zooming’, home schooling, home fitness and large outdoor spaces.

Treviso Bay Condo Sale Pending in Just 20 Days!

Congratulations to our clients who listed and now have this Treviso Bay Condo Sale Pending in just 20 days! Located in one of the best bundled golf communities in Naples Florida, this golf condo includes a Social Membership with the purchase of the property.

Treviso Bay Condo Sale Pending – 9532 Avellino Way #2722 Naples, FL 34113 – List Price $299,000

More About This Treviso Bay Condo Sale Pending

Enjoy resort-style living in this 2nd floor Veranda condo in the beautiful Avellino subdivision of Treviso Bay. Sip your morning coffee on the front lanai and enjoy your favorite happy hour beverage on the back lanai overlooking your private lake view. This “Bromelia” floor plan is being sold Furnished and offers 2 bedrooms, 2 baths, plus a spacious den that provides plenty of living space.

The Kitchen includes granite countertops throughout and beautiful 42″ upgraded white cabinets. The home has a 1-car garage that is also perfect for extra storage space. Avellino also has its own private pool and pickle ball courts for its residents just steps away!

• Two Bedrooms Plus a Den
• Two Full Bathrooms
• Social Membership Included
• One Car Garage
• 1,414 Square Feet Under Air
• Built in 2017
• View Tour Virtual…

Treviso Bay offers Florida resort-style living with pickle ball, tennis, bocce, a state-of-the-art fitness center, walking paths, exquisite clubhouse dining, card rooms, and a swimming pool with waterfall and lap lanes. Enjoy the hot tub, saunas, on-site Spa, and social atmosphere at the pool bar and grill. Social members are also allowed golf privileges on the TPC course May-October.

If you are considering buying a property in Treviso Bay, be sure to connect with a real estate agent who specializes in golf communities. Many golf communities have multiple fees which may not be readily apparent when your exploring options. You’ll want to be sure the property you are looking for has the membership option and fees which are right for you and your family.

Stop by our Treviso Bay Open House or contact Mike Pepple at 239-777-8870 for a private tour.

More About TPC Treviso Bay’s Golf Club

Treviso Bay is a private golf community with an 18-hole championship golf course.  It’s the only TPC course in Southwest Florida!  The golf course was designed by well-known golf course designer Arthur Hills and opened in 2018.  The course offers wide-open fairways with challenging greens.  Also, there are 6 sets of tees to cater to all levels of golfers.  Finally, the clubhouse at the golf course was recently completed and overlooks the 9th and 18th greens of the golf course.

View Bundled Golf Communities

View Equity (one time initiation fee) Golf Communities

Treviso Bay Real Estate

The community is surrounded by condos, coach homes and single-family homes.  Prices range from $225,000 to $2,795,000.  And, it is one of the few golf course communities that offer both new construction as well as re-sale homes.  So, no matter the type of golf home you may be looking for, Treviso Bay has something for everyone.  Additionally, a 15,000 square foot amenity center is located at the center of the community and available for use by all residents.

View Single Family Homes for Sale

View Condos for Sale

December 20th, 2020 Posted by Matt

2021 Housing Forecast

The 2021 housing forecast looks optimistic according to industry experts.  With mortgage rates forecasted to remain low, high buyer demand is expected to fuel more home sales and continue to increase home prices.  Let’s connect today to determine how to make your best move in the new year.

Homeowner Equity Increases an Astonishing $1 Trillion

A recent study by CoreLogic revealed homeowner equity increases reached $1 trillion over the last twelve months. CoreLogic ‘s 2020 3rd Quarter Homeowner Equity Insights report reported four major findings:

Audubon Country Club Home Now Pending Sale!

Congratulations to a great couple from Minnesota who just went to contract on this fabulous Audubon Country Club Home! Located in North Naples in Audubon Country Club, this large single family home has a spectacular view of the golf course.

Audubon Country Club Home – 747 Saint Georges Ct. Naples, FL 34110 – List Price $1,399,000

More About this Audubon Country Club Home Pending Sale

Location, Location, Location! This fabulous single family home has a generous lanai with pool and waterfall spa perfect for the future homeowners to sit back, relax and watch and enjoy the peaceful surroundings. The home has high trey ceilings and large kitchen providing plenty of room for family and friends. The spacious master bedroom suite includes generous closets,walk-in shower, Jacuzzi tub and more.

• Three Bedrooms Plus Den
• Three and Half Bathrooms
• Preserve View
• 3,954 Square Foot Under Air
• Built 1998

More About Audubon Country Club

Audubon Country Club is a private, gated golf community in Naples, Florida. This Naples golf community is only minutes away from the white sandy beaches and the blue waters of the Gulf of Mexico. The Club community has 410 homes spread over 755 acres, of which 59 percent of which is dedicated to nature preserves.

Golf membership in the Country Club is limited to 300 members. This relatively small size means that people coming into the Club or community find it easy to make new friends. Also, the small number of members results in an exceptional level of camaraderie that truly makes Audubon different from so many other communities.

In addition to golf, the community includes several amenities for members to enjoy including an Olympic size 25-meter heated pool, tennis courts, fitness center, croquet and bocce ball.

December 15th, 2020, Posted by NaplesGolfGuy

TwinEagles Coach Home Just Listed!

Best view in Covent Garden, a fabulous TwinEagles Coach Home is new to the market! This costal style coach home was professionally designed and decorated and comes with FULL GOLF MEMBERSHIP! Great location at the end of a cul-de-sac in the 1,115 acre development of Twin Eagles. One of the few Naples Gated Golf communities with two golf courses.

TwinEagles Coach Home – 12070 Covent Garden Ct Unit 1503 – List Price $459,000

More About This TwinEagles Coach Home:

Inside you’ll notice the tray ceilings with indirect lighting, crown throughout, open floor plan, 8 foot doors, plantation shutters and upgraded modular tile and hardwood flooring. The gourmet kitchen offers dual wall ovens, stainless appliances, granite counters and upgraded cabinets. Hardwood flooring in all bedrooms and California closets throughout.  Stepping on to the tiled lanai you’re presented with full unobstructed panoramic water views and the 2nd fairway on the Eagle course.  The ultimate combination of deep, long and private, simply amazing!

• List Price $459,000
• Coach Home
• Three Bedrooms Plus Den
• Two and Half Bathrooms
• Square Feet: 2,249 under air
• Built in 2016
• View more

More About Twin Eagles

TwinEagles offers a lifestyle in a private Naples golf community that is hard to beat! In addition to two championship golf courses, residents have access to a new community swimming pool and fitness center, Har-Tru tennis courts and two community parks. A fabulous 47,000 square foot clubhouse overlooks the 18th hole of the Talon course.

Finally, there are more than 1,100 acres of walking paths and nature preserves for all to experience a relaxed and peaceful environment.

Begin Your Own Naples Property Search:

December 14th, 2020 Posted by Naples Golf Guy

Naples Lakewood Home for Sale!

This is a must see Spacious Naples Lakewood home! With 4 bedrooms and 3 bathrooms there is plenty of space for a home office, home schooling, and ample room for the entire family! From the moment you walk through the door, you’ll be taken in by the beautiful new bamboo floors in the living area which open up to a generous lanai with golf and lake views.

The home features a newly renovated entertainer’s kitchen with island and large pantry. If you are an avid cook, you’ll enjoy the new stainless steel appliances and plenty of space to make the perfect family meal.

Naples Lakewood Home- 4340 Beechwood Lake Drive – $514,999