Naples Square – Real Estate Market Report – 1st Quarter 2020

Here is the real estate market report in Naples Square, a luxury condominiums complex in downtown Naples, at walking distance of Fifth Avenue S. for the First Quarter of 2020.
 
Active Listings:
There are currently 15 condos on the market (22 if the pre-market condos in Quattro are included)
Average days on market: 169.
Average asking price: $1,342,000 ($750,000 to $2,300,000).
 
Pending Sales:
No pending sales as of today.
 
Closed Sales:
8 condos have sold in the first quarter of 2020.
Average days on market: 148.
Average Sale Price: $1,016,000 ($647,000 to $1,595,000)
Average Sale Price/Square Foot: $557.
 
Let me know if you have any questions about this report and/or  about Naples Square.

Populous Cities Losing Appeal During COVID-19 Shutdown

 Nearly 1 in 3 Americans might move to less densely populated areas due to the pandemic, according to a Harris Poll – a possible big change for the real estate market.

NEW YORK – Ben Greenzweig is itching to move his wife and three kids South, a plan that may get accelerated due to the coronavirus pandemic.

The CEO and co-founder of conference company Momentum Event Group, says he’s looking to move to either North Carolina or South Carolina from the New York City suburbs in Westchester County, for cheaper costs and bigger living space amid fears that a deep and prolonged economic slump in the state could eventually force residents to pay higher taxes.

“It would be an unbelievable escape,” Greenzweig, 42, says. He typically works from home which gives him flexibility.

“Our children’s involvement in school is the single largest tether keeping us here. If there’s a hint that school won’t resume in the fall for my kids, then the biggest reasons for us staying here, which are friendships and school activities, evaporates.”

Nearly a third of Americans are considering moving to less densely populated areas in the wake of the pandemic, according to new data from Harris Poll. That may foreshadow a shift that would have a major impact on residential real estate sales and home prices.

Urbanites (43%) were twice as likely than suburban (26%) and rural (21%) dwellers to have recently browsed a real estate website for homes and apartments to rent or buy, the survey showed, which was conducted among 2,050 U.S adults from April 25-27.

“People will be much more cautious about living in high-density areas with so many people nearby,” predicts Lawrence Yun, chief economist at the National Association of Realtors.

Read the Full Article…
Contact us to Relocate to SW Florida…

After weeks of business decline during pandemic, SW Florida Real Estate starts to see improvements in activity

The local real estate market has certainly taken a hit thanks to the pandemic, with many buyers and sellers staying isolated amid the outbreak. 
Despite the slowing of the market, however, Southwest Florida real estate representatives are starting to see signs that activity is on the upswing.

However, showings saw a week-over-week increase of 51% in the week ending April 19 with 4,079 showings. That’s up from 2,705 a week earlier.
Read the Full Article…

 

Naples Reserve, Phase III Completed

Naples Reserve, a 688-acre community of Southern Coastal-inspired attached villa, single-family and custom estate homes in South Naples, announces that Phase III of the community is now open to buyers.
These are the final two neighborhoods that will be released in Naples Reserve:
– The Bimini Isle neighborhood, and more than 75% of its 35 homesites offer lake views (with the rest overlooking preserve land). Bimini Isle features homes  ranging from 2,517 to 3,012 square feet of living space, priced from the $700s.
Crane Point features 84 homesites, many with lake views. Homes  will offer 2,445 to 3,097 square feet of living space and are priced from the $500s.
View All Homes For Sale in Naples Reserve, by Neighborhoods…

Highest-Priced Sale in Park Shore, Naples

A beachfront penthouse has sold for a record-breaking $14 million, the highest-priced residential sale in the history of Park Shore Beach.

The penthouse encompasses 12,050 square feet of interior luxury living, with four bedrooms, four full and two partial baths.
Located in The Regent, an exclusive high-rise building offering only 37 residences on 24 floors.
View All Properties For Sale in Park Shore, Naples…

Hammock Bay, Naples FL – 2019 Real Estate Sales Market Report

Hammock Bay Naples

Here is the 2019 real estate sales market report for Hammock Bay, in Naples Florida.
Hammock Bay is a gated golf community located in South Naples, close to Marco Island

Hammock Bay has currently 26 properties on the market.
In 2019, 39 properties have sold in Hammock Bay (*source: MLS of Naples). Here are the activity and trends for each of the subdivisions and buildings in Hammock Bay.
Aversana:
Aversana has been the first tower built in Hammock Bay. There are 4 condos on the market as of today, listed from $459,000 to $985,000. 1 condo is under contract.
View Active Listings.
In the past year 9 condos have sold in Aversana:
– From $375,000 to $525,000.
– Average Days on Market: 119.
– Average Sale Price per SQFT: $179/SQFT.
– Average Sale Price: $461,000.
View Recent Sales in Aversana.

Lesina:
Lesina has been the last tower built in Hammock Bay. There are 10 condos on the market as of today, listed from $499,500 to $999,000.
View Active Listings.
In the past year 14 condos have sold in Lesina:
– From $400,000 to $870,000.
– Average Days on Market: 101.
– Average Sale Price per SQFT: $232/SQFT.
– Average Sale Price: $604,500.
View Recent Sales in Lesina.

Serano:
Serano has been built in 2006. There are 6 condos on the market as of today, listed from $335,000 to $583,900. There is also 3 condos under contract.
View Active Listings.
In the past year, 7 condos have sold in Serano:
– From $315,000 to $470,000.
– Average Days on Market: 190.
– Average Sale Price per SQFT: $197/SQFT.
– Average Sale Price: $372,500.
View Recent Sales in Serano.

Rialto:
Rialto is a neighborhood of coach homes. There are 4 coach homes on the market as of today, listed from $345,000 to $415,000.
One is under contract.
View Active Listings.
In the past year 4 units have sold in Rialto:
– From $322,500 to $412,500.
– Average Days on Market: 86.
– Average Sale Price per SQFT: $162/SQFT.
– Average Sale Price: $369,000.
View Recent Sales in Rialto.

Borghese Villas:
Borghese Villas is a neighborhood of 3-story buildings with one residence per floor. There are 2 units on the market as of today, listed from $499,000 to $509,000.
Two others are under contract.
View Active Listings.
In the past year 5 units have sold in Borghese Villas:
– From $278,000 to $575,000.
– Average Days on Market: 146.
– Average Sale Price per SQFT: $156/SQFT.
– Average Sale Price: $373,000.
View Recent Sales in Borghese Villas.

Contact us if you have any questions about Hammock Bay and if you want to purchase or sell a property in Hammock Bay.

Bay Colony, Naples FL – 2019 Real Estate Sales Market Report

Bay Colony – Naples

Here is the 2019 real estate sales market report for the beachfront properties in Bay Colony, in Naples Florida.
Bay Colony is the exquisite gated enclave of Pelican Bay.

Bay Colony has currently in total 49 properties on the market. In 2019, 32 properties have sold in Bay Colony (*source: MLS of Naples). Here are the activity and trends for each of the beachfront properties in Bay Colony.
Strand At Bay Colony:
Strand At Bay Colony is a sub-gated enclave in Bay Colony of 12 beachfront mansions. There is only one mansion on the market as of today listed for $15,950,000.
View Active Listings.
One mansion sold in 2019, listed for $16,750,000, sold for $14,900,000.
View Recent Sales at The Strand

Carlysle At Bay Colony:
Beachfront building. 4 condos are currently for sale in Carlysle, listed from $3,495,000 to $5,400,000.
View Active Listing in Carlysle.
No sales in 2019 at The Carlysle.

Contessa At Bay Colony:
Beachfront building. 5 condos are currently for sale in Contessa, listed for $2,995,000 to $4,250,000.
View Active Listing in Contessa.
No sales in 2019 in Contessa.

Brighton At Bay Colony:
Beachfront building. 3 condos are currently for sale in Brighton, listed from $3,597,700 to $5,395,000. One pending sales, listed for $3,895,000.
View Active Listing in Brighton.
In 2019, 4 condos have sold in Brighton:
– From $3,582,500 to $4,500,000.
– Average Days on Market: 169.
– Average Sale Price per SQFT: $1,310/SQFT.
– Average Sale Price: $4,133,000.
View Recent Sales in Brighton.

Biltmore At Bay Colony:
Beachfront building. 4 condos are currently for sale in Biltmore, listed from $3,550,000 to $4,395,000. One pending sale, listed for $5,300,000.
View Active Listing in Biltmore.
In the past year 2 condos have sold in Biltmore:
– From $3,800,000 to $3,900,000.
– Average Days on Market: 222.
– Average Sale Price per SQFT: $1,268/SQFT.
– Average Sale Price: $3,850,000.
View Recent Sales in Biltmore.

Windsor At Bay Colony:
Beachfront building. 2 condos are currently for sale in Windsor, listed from $10,250,000 to $10,400,000.
View Active Listing in Windsor.
In the past year 2 condos have sold in Windsor:
– From $8,700,000 to $10,100,000.
– Average Days on Market: 176.
– Average Sale Price per SQFT: $1,297/SQFT.
– Average Sale Price: $9,400,000.
View Recent Sales in Windsor.

Remington At Bay Colony:
Beachfront building. 1 condo is currently for sale in Remington, listed for $4,100,000.
View Active Listing in Remington.
In the past year 4 condos have sold in Remington:
– From $3,850,000 to $4,600,000.
– Average Days on Market: 170.
– Average Sale Price per SQFT: $1,356/SQFT.
– Average Sale Price: $4,163,000.
View Recent Sales in Remington.
Contact us if you have any questions about Bay Colony or if you want to purchase a property in Bay Colony.

Pebble Creek At Pelican Bay – 2019 Real Estate Market Report

Pebble Creek At Pelican Bay, Naples.

This is the real estate market report for 2019 for the condominiums in Pebble Creek At Pelican Bay, Naples Fl. Pebble Creek offers 264 condos in total in mid-rise and high-rise buildings. The high-rise buildings are facing the Pelican Bay golf course.

There are currently 5 active listings in Pebble Creek: Listed from $495,000 to $649,900. Another one is under contract, listed for $765,000:
View Active Listings.

In the past year, 14 condos have sold in Pebble Creek:
– From $495,000 to $695,000.
– Average Days on Market: 108.
– Average Sale Price per SQFT: $414/SQFT.
– Average Sale Price: $598,000.
View all recent sales in Pebble Creek.
Let us know if you have any questions and how we can help you about these condos in Pebble Creek or any other condos for sale in Pelican Bay, Naples Florida.

Esperanza At Tiburón – 2019 Real Estate Sales Report

This is the 2019 real estate sales report for Esperanza At Tiburón, in Naples

Esperanza at Tiburon features 90 luxury residences in fifteen 4-story buildings.

There are currently 5 condos on the market in Esperanza. 
Listed from $1,355,000 to $1,499,000.
There is also 1 pending sale, listed for $1,399,000.
View Active Listings & Pending Sales in Esperanza.

In 2019, 8 condos have sold in Esperanza:
– From $1,100,000 to $1,495,000.
– Average Days on Market: 142.
– Average Sale Price per SQFT: $438/SQFT.
– Average Sale Price: $1,290,000.
View Recent Sales in Esperanza
Let us know if you have an interest in Esperanza at Tiburòn or in any of the other neighborhoods of Tiburón.

Admiralty Point, Naples – 2019 Real Estate Market Report

Admiralty Point, Naples, Fl

This is the 2019 real estate market report for the sales in Admiralty Point, a waterfront complex in The Moorings of Naples, Fl.

As of today, there is only 1 condo on the market for sale at Admiralty Point. Listed for $1,085,000. Another unit is under contract, was listed for $2,150,000.
View Active Listings in Admiralty Point.

In 2019, 13 condos have sold in Admiralty Point:
– From $725,000 to $1,995,000.
– Average Days on Market: 83.
– Average Sale Price per SQFT: $634/SQFT.
– Average Sale Price: $1,297,000.
View Recent Sales in Admiralty Point
Let us know if you have an interest or if you want to sell your condo in Admiralty Point or if you have an interest in any of other buildings in The Moorings or Park Shore.