Naples Area Real Estate Report – October 2018 – Increased Inventory

nabor-report-october-2018 nabor-stats-october-2018The Naples Area Board of REALTORS® (NABOR) has released the real estate market report for October 2018 for transactions in the Naples area.
Closed sales of homes in the Naples market grew 20% in October 2018 compared to October 2017.
In the meantime inventory during October has jumped 20% to 5,992 homes (the highest level since October 2012) giving more choices for buyers.
Here are also the other highlights from the report:

  • Inventory increased 20%.
  • 7.5 months of supply.
  • 10% oe the new inventory is new construction.
  • Overall pending sales up 17% for the $1M to $2M price category.
  • Median Closed Price in the Naples Beach area (west of US 41) decreased 13% in October compared to October 2017.

View Complete Detailed Report – October 2018…
View Complete Real estate Statistics – October 2018…
View All Residential Properties For Sale by Location…

Naples Real Estate Report – 3Q 2018: Market Remains Strong

Naples real estate market report 3rd Quarter 2018

Naples, Fla. (October 19, 2018) – One year after Hurricane Irma, overall closed sales in Naples increased 62 % to 644 homes in September of 2018 compared to 398 closed sales of homes in September of 2017. According to broker analysts, this impressive increase in month over month sales is a result of the effect of the hurricane when homes sales halted following the massive storm.
“The September Market Report shows how resilient and desirable our market is,” said Lauren U. Melo, PA, Licensed Real Estate Broker with Florida’s Realty Specialists. “A 3 % increase in pending and closed sales, year over year, is strong considering the reduced sales activity during the troubled period following the hurricane. This was when many sellers were making repairs caused by the hurricane. The September statistics show that our market is in a good position to see positive activity for the fourth quarter.”
Here are the major points of this Naples real estate market report for the 3rd Quarter of 2018:

  • Overall pending sales in the third quarter are up 20 % closed sales are up 13 % the median closed price is up 3 % inventory is up 4 % and the days on market decreased 1 %.
  • Closed sales of homes between $300,000 and $500,000 increased 24% more than other categories.
  • Pending Sales for the condominiums market increased 21% and closed sales 20%.

View Complete Naples Real estate Market Report – 3Q 2018…
View Complete Naples Real Estate Market Statistics – 3Q 2018…
View Complete Naples Real Estate Market Statistics – September 2018…
View all Residential Properties For Sale in the Naples 
Area…

 

Naples Real Estate Market Report – July 2018

Naples Real estate Market Infographics July 2018

July Housing Market in Naples Defies National Trends

Naples, Florida. (August 24, 2018) – According to the National Association of REALTORS July market report, existing home sales in America decreased for the third straight month as a result of the severe housing shortage that is not releasing its grip on the nation’s housing market.
Conversely, homes sales in the Naples area were up 8 % in July according to the July 2018 Market
Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). The nation has only a 4.3-month supply of home inventory, while Naples has a healthier 6.25-month supply of inventory.
“The Naples area overall median home price increase in July 2018 seems to be the only statistical category where we match national trends,” said Kathy Zorn, “Naples saw an 8 % increase in its overall median closed price in July 2018 compared to July 2017; whereas nationally, median closed prices went up just 4 %

Here are the major points of this Naples real estate market report for July 2018:

  • Home Sales up 8% in July 2018 compared to July 2017.
  • Inventory fell 1% to 4,871 properties, compared to July 2017.
  • 39% increase in condominium closings in the Naples Beach area (West of US 41).
  • Overall Pending Sales up 11% in July.
  • Pending Sales for luxury condominiums ($2 million +) up 150% in July!
  • Cash Sales account for 50% in Naples (compared to 20% nationwide).

View Complete Naples Real Estate Market Report – July 2018…
View Complete Naples Real Estate Market Statistics – July 2018…
Browse Neighborhoods in Naples, Bonita Springs and Estero…

Bay Colony, Naples Florida – Beachfront Condominiums – First Semester 2018 Real Estate Market

Bay Colony, Naples Florida.
This is a real estate market update   for the beachfront condominiums in prestigious Bay Colony, for the six first months of 2018.
Bay Colony is an exclusive gated enclave in Pelican Bay, offering large estate homes and luxury high-rise residences.
Six luxury high-rises sit on the shores of the Gulf of Mexico:
Contessa:
Contessa is the most southern tower in Bay Colony. Built in 1991.

– 1 condo on the market:
http://search.dominicktascher.com/i/contessa-at-bay-colony-condominiums
– 4 condominiums have sold YTD. From $2,750,000 to $3,200,000. 
– Average Days On Market: 76.
– Average Sale Price: $2,881,250
– Average SP/SQFT: $1,235.
View Sales.

Carlysle:
Built in 1991.

– 1 condo on the market:
http://search.dominicktascher.com/i/carlysle-at-bay-colony-condominiums

– No sales in 2018 so far.

BrightonBuilt in 1994.

– 1 condo on the market:
http://search.dominicktascher.com/i/brighton-at-bay-colony-condominiums

– 2 condominiums sold YTD. From $4,200,000 to $4,795,000.
– Average Days On Market: 180.
– Average Sale Price: $4,497,500.
– Average SP/SQFT: $1413.
View Sales

Biltmore:
Built in 1997.

– 3 condos on the market:
http://search.dominicktascher.com/i/biltmore-at-bay-colony-naples

– 2 condominiums sold YTD. From $3,600,000 to $4,295,000.
– Average Days On Market: 388.
– Average Sale Price: $3,947,500.
– Average SP/SQFT: $1,275.
View Sales

Windsor:
Built in 1998.

– 2 condos on the market:
http://search.dominicktascher.com/i/windsor-at-bay-colony-condominiums

– 1 condo is under contract.
– 1 condo sold YTD:
– Days On Market: 525.
– Sale Price: $6,500,000.
– Average SP/SQFT: $1,068.

Remington: Unique building with concierge/butler service from the Ritz carlton. Built in 1996.
– 2 condos on the market:
http://search.dominicktascher.com/i/remington-at-bay-colony-condominiums
– 1 pending sale.
– No sales YTD.

Besides beachfront condominiums, Bay Colony also offers splendid beachfront mansions at The Strand
– 3 homes are on the market at The Strand, offered from $17,500,000 to $23,500,000:
http://search.dominicktascher.com/i/Strand_At_Bay_Colony
Homes are rarely available at The Strand. Last sale occurred in OCTOBER 2015 for $24,500,000.

Bay Colony offers also non beachfront condominiums, single-family homes and estate homes.
Contact us if you have any questions about Bay Colony.

Naples Real Estate Market Report – April 2018

Click to View InfographicsInventory Keeping Spring Market Active 

Naples, Fla. (May 25, 2018) – According to the April 2018 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), Collier County enjoys 7.76 months of inventory compared to a 4-month supply nationally. This is great news for Naples REALTORS® as they transition from a very busy high season to what broker analysts believe will be a very strong summer.
Here are the major points of this Naples real estate market report for April 2018:

  • Overall Pending Sales increased over 20% in the $1M+ categories 12-months ending 4/2018
  • Overall Closed Sales increased over 30% in the $1M+ categories 12-months ending 4/2018
  • Overall Median Closed Price increased 5% 12-months ending 4/2018
  • Overall Inventory decreased double digits in the $1M+ categories Apr 2017 to Apr 2018
  • Overall Average DOM decreased 27% in the $500K-$1M category Apr 2017 to Apr 2018

View Complete Naples Real Estate Market Report – April 2018…
View Complete Naples Real Estate Market Infographics…
View Complete Naples Real Estate Market Statistics – April 2018

Belle Lago – Estero – 2017 Real estate Sales Report

This is the 2017 real estate market sales report for Belle Lago, a gated community of 447 single-family homes located in the Village of Estero, Florida.
As of today, there are 20 homes for sale in Belle Lago. 13 homes with a swimming-pool and 7 homes without a pool. Two homes are currently under contract.
In 2017, 26 homes have been sold in Belle Lago:

Homes sold with a pool:
– 20 homes sold in 2017.
– $382,000 to $740,000.
– Average Sale Price: $573,123.
– Average SP/SQFT: $194.
– Average Days On Market: 158.
View Sales.

Homes sold without a pool:
– 6 homes sold in 2017.
– $328,000 to $535,000.
– Average Sale Price: $412,383.
– Average SP/SQFT: $143.
– Average Days On Market: 159.
View Sales.

Let us know if you have any questions about Belle Lago, and if you want to buy or sell in Belle Lago.
View Belle Lago Information…
Properties for Sale in Estero…

Pelican Sound – Single Family Homes – 2017 Real Estate Market Report

Pelican Sound Golf & River Club  – Single Family Homes – 2017 Real Estate Market Report
This is the real estate market sales report for 2017 for the single family homes and estate homes in Pelican Sound, Estero, FL.
You can have a look at all properties for sale in Pelican Sound  as of today at: http://www.dominicktascher.com/pelicansound.htm.
In 2017  75 properties have sold in total in Pelican Sound; 12 were single family homes in the neighborhoods of Glen Eagles, The Masters and Pinehurst (estate homes). None were on the market in Torrey Pines.
As of today there are 34 properties on the market in total, equivalent to a 6-month supply.
Here is the details for the sales of the single-family homes by neighborhoods:
Glen Eagles:
 6 homes sold.
– Price Range: $440,000 to $590,000.
– Average Sold Price Per Square Foot: $276.
– Average Days On Market: 285.

The Masters:
 1 home sold.
– Price: $580,000.
– Sold Price Per Square Foot: $308.
– Days On Market: 25.

Pinehurst:
 5  homes sold.
– Price Range: $580,000 to $750,000.
– Average Sold Price Per Square Foot: $287.
– Average Days On Market: 195.

View All Sales – Single-Family Homes

Buyers or Sellers, let us know if you have any questions about Pelican Sound and how we can help you. Thank you.
http://www.PelicanSound.info

Pelican Sound – Carriage Homes – 2017 Real Estate Market Report

Pelican Sound Golf & River Club  – Carriage Homes – 2017 Real Estate Market Report
This is the real estate market sales report for 2017 for the carriage homes in Pelican Sound, Estero, FL.
You can have a look at all properties for sale in Pelican Sound  as of today at: http://www.dominicktascher.com/pelicansound.htm.
In 2017  75 properties have sold in total in Pelican Sound; 15 were carriage homes in the neighborhoods of Oak Run, Palmetto Dunes and Seaside.
As of today there are 34 properties on the market in total, equivalent to a 6-month supply.
Here is the details for the sales of the carriage homes by neighborhoods:
Oak Run:
 4 carriage homes sold.
– Price Range: $410,000 to $460,000.
– Average Sold Price Per Square Foot: $217.
– Average Days On Market: 119.
View All Sales – Oak Run

Palmetto Dunes:
 6 carriage homes sold.
– Price Range: $410,000 to $465,000.
– Average Sold Price Per Square Foot: $225.
– Average Days On Market: 84.
View All Sales – Palmetto Dunes

Seaside:
 5  carriage homes sold.
– Price Range: $412,000 to $486,000.
– Average Sold Price Per Square Foot: $226.
– Average Days On Market: 134.
View All Sales – Seaside

Buyers or Sellers, let us know if you have any questions about Pelican Sound and how we can help you. Thank you.
http://www.PelicanSound.info

Pelican Sound – Coach Homes – 2017 Real Estate Market Report

Pelican Sound Golf & River Club  – Coach Homes – 2017 Real Estate Market Report
This is the real estate market sales report for 2017 for the coach homes in Pelican Sound, Estero, FL.
You can have a look at all properties for sale in Pelican Sound  as of today at: http://www.dominicktascher.com/pelicansound.htm.
In 2017  75 properties have sold in total in Pelican Sound; 27 were coach homes in the neighborhoods of Edgewater, Island Sound and Southern Hills.
As of today there are 34 properties on the market in total, equivalent to a 6-month supply.
Here is the details for the sales of the coach homes by neighborhoods:
Edgewater:
 11 coach homes sold.
– Price Range: $307,500 to $335,000
– Average Sold Price Per Square Foot: $204.
– Average Days On Market: 172.
View All Sales – Edgewater

Island Sound:
 8 coach homes sold.
– Price Range: $310,000 to $325,000.
– Average Sold Price Per Square Foot: $197.
– Average Days On Market: 115.
View All Sales – Island Sound Coach Homes

Turnberry:
 7  coach homes sold.
– Price Range: $249,000 to $324,000.
– Average Sold Price Per Square Foot: $188.
– Average Days On Market: 153.
View All Sales – Southern Hills

Buyers or Sellers, let us know if you have any questions about Pelican Sound and how we can help you. Thank you.
http://www.PelicanSound.info

Pelican Sound – Condominiums – 2017 Real Estate Market Report

Pelican Sound Golf & River Club  – Condominiums – 2017 Real Estate Market Report
This is the real estate market sales report for 2017 for the condominiums in Pelican Sound, Estero, FL.
You can have a look at all properties for sale in Pelican Sound  as of today at: http://www.dominicktascher.com/pelicansound.htm.
In 2017  75 properties have sold in total in Pelican Sound; 21 were condominiums in the neighborhoods of Hammock Greens, Island Sound and Turberry.
As of today there are 34 properties on the market in total, equivalent to a 6-month supply.
Here is the details for the sales of the condominiums by neighborhoods:
Hammock Greens:
 8 condos sold.
– Price Range: $160,000 to $235,000
– Average Sold Price Per Square Foot: $171.
– Average Days On Market: 216.
View All Sales – Hammock Greens

Island Sound:
 condos sold.
– Price Range: $158,000 to $240,000
– Average Sold Price Per Square Foot: $160.
– Average Days On Market: 295.
View All Sales – Island Sound

Turnberry:
 6 condos sold.
– Price Range: $193,650 to $245,000
– Average Sold Price Per Square Foot: $171.
– Average Days On Market: 150.
View All Sales – Turnberry

Buyers or Sellers, let us know if you have any questions about Pelican Sound and how we can help you. Thank you.
http://www.PelicanSound.info