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BUA BELL
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EMILY K. BUA
ESTATE AGENT Emily@JohnRWood.com Office: 239.659.6115 www.BuaBellSellsNaples.com
GROUP
TADE K. BUA
BROKER ASSOCIATE Tade@JohnRWood.com Mobile: 239.595.0097 www.BuaBellSellsNaples.com
Experience Counts. Experience Sells
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NAPLES, BONITA SPRINGS AND ESTERO Closed Sales • The number of closed sales year-to-date for Naples, Bonita Springs and Estero increased 4.4% year-over-year. • Closed sales priced above $2 million increased 23.7% through September compared to the same period in 2016 (370 vs 299). During the past 12 months, closings in this segment are up 15% over the prior 12 months (450 vs. 391).
New Listings/Inventory • Available inventory on October 1, 2017 consisted of5,807 units, a decrease of4.5% from October 1, 2016. This represents 5.8 months ofsupply based on current absorption rates. • During the 12 months ending September 30, 2017, a total of19,509 listings were added to the market, a decline of3% from the prior 12 months.
Average and Median Sales Price • Year-to-date average sales price for the area increased 4.2% to $544,229, up from $522,121 for the same period in 2016. Median closed price is approximately the same at $325,000, compared to $320,000 last year. • Average price ofsales above $2 million remained static over the past 12 months at $3,839,000, up 3% from the 12 months ending September 30, 2016.
MARCO ISLAND Closed Sales • During the 12 months ending September 30, 2017, the Marco Island area recorded 858 residential closings, an increase of 3% over the prior 12 months (858 vs. 833). • Year-to-date 681 closings occured compared to 662 for the same period in 2016.
New Listings/Inventory • Available inventory on October 1, 2017 consisted of607 single family homes and condominiums, down from 622 units at the same time last year. This represents 8.5 months ofsupply based on the current sales pace. • During the 12 months ending September 30, 2017, a total of1,240 new listings were added to the Marco Island market, down 17.6% from the prior 12 months.
Average and Median Sales Price • Year-to-date average price ofclosed sales stands at $671,300 vs. $703,300 for the same period in 2016. • Average sales price for the 12 months ending September 30, 2017 is $697,370, down slightly from $702,215 at the end of the prior 12 months. Median price increased 5.2% from $545,477 to $573,877.
HURRICANE IRMA IMPACT ON THE NUMBERS The impact from Hurricane Irma on the Southwest Florida real estate market will not be fully known for several months. As expected, the event substantially affected the month of September. Residents evacuated in large numbers, many businesses were without power and had to remain closed for prolonged periods, and real estate closings scheduled to occur during the month had to be delayed. The result was that closings in the Naples, Bonita Springs and Estero combined market were down 35% for the month when compared with September 2016, and Marco Island closings were down over 50%. In the coming months, John R. Wood Properties will carefully monitor data on all listing and sales activity by area and price range to help us fully understand the impact of the storm based on specific segments ofthe market. At the time ofthis report, all signs point to a busy season, although it appears to be starting a little later than normal. Buyers are arriving daily and making purchases, and many winter residents are completing clean-up to their property and preparing them for the market. Restaurants and other businesses are mostly back in full swing, and traffic is heavier than a month or two ago.
The Marco Island statistics are obtained from the Marco Island MLS system and include only those sales and current listings on Marco Island and Key Marco.
John R. Wood Properties, Briug Your Highest EqJectn.tious. "The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida Ml.S, Marco Island MlS, Copyright 2017, and the proprietary compilation of that data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data."
BUA BELL
JoHNRWooo PROPERTIES
GROUP
Bring Your Highest Expectationsâ„¢
NEW LISTINGS / CLOSED UNITS 12-Month Comparisons 27,000
NEW LISTINGS
NAPLES, BONITA SPRINGS AND ESTERO
2010 ---------------- 24,041 2011 ---------------- 21,304 2012 ---------------- 19,621 2013 ---------------- 19,411 2014 ---------------- 18,498 2015 ---------------- 18,557 2016 ---------------- 20,083 2017 ---------------- 19,509
24,000 21,000 18,000 15,000
CLOSED
12,000
UNITS
9,000 6,000 3,000 0
1,800
2010
2011
2012
2013
2014
2015
2016
2017
2010 2011 2012 2013 2014 2015 2016 2017
---------------- 10,972 ---------------- 11,282 ---------------- 11,490 ---------------- 12,966 ---------------- 13,121 ---------------- 13,500 ---------------- 11,777 ---------------- 12,046
NEW LISTINGS
MARCO ISL AND
1,600
2010 2011 2012 2013 2014 2015 2016 2017
1,400 1,200 1,000
---------------------------------------------------------------------------------------------------------------------------------
1,649 1,543 1,342 1,403 1,401 1,348 1,505 1,240
CLOSED
800
UNITS
600 400 200 0 2010
2011
2012
2013
2014
2015
2016
2017
2010 2011 2012 2013 2014 2015 2016 2017
------------------ 669 ------------------ 766 ------------------ 859 ------------------ 994 ------------------ 1,004 ------------------ 980 ------------------ 833 ------------------ 879
John R. Wood Properties, Bring Your Highest Expectations. "The source of chis real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2017, and the proprietary compilation of chat data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data."
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JoHNRWooo PROPERTIES
GROUP
$550,000
Bring Your Highest Expectations=
AVERAGE SALES PRICE 12-Month Comparisons NAPLES, BONITA SPRINGS AND ESTERO
$520,000 $490,000
$507k
$520k
$534k
$460,000 $454k
$430,000 $400,000
$4llk
$370,000 $340,000 $310,000
$34lk
$345k
2010
2011
$358k
$280,000 $250,000
$850,000 $800,000 $750,000 $700,000 $650,000 $600,000 $550,000 $500,000 $450,000 $400,000 $350,000 $300,000 $250,000
2012
2013
2014
2015
2016
2017
$702k
$697k
2016
2017
MARCO ISLAND
$673k
$543k
$536k
$524k
2010
2011
2012
$563k
2013
$605k
2014
2015
John R. Wood Properties, Bring Your Highest Expectations. "The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2017, and the proprietary compilation of that data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data."
3
BUA BELL
r:-HNi�ooo IL::ROPERTIES
GROUP
Bring Your Highest Expectations™
Neighborhood Snapshot Report© Naples, Bonita Springs and Estero Market Area 12-Month Sold Comparison Report for Select Communities
Monthly Snapshot as of October 1, 2017
SINGLE FAMILY HOMES AVAIL ABLE IN VENTORY
CLOSED PAST 12 MONTHS
MONTHS OF SUPPLY
AVERAGE CLOSED PRICES
Aqualane Shores
23
23
12.00
$4,390,130
Barefoot Beach
14
13
12.92
$3,838,654
Audubon Country Club
16.94
$940,941
24
17
26
75
Collier's Reserve
13
13
12.00
$1,246,819
Grey Oaks
35
53
7.92
$2,581,486
71
103
Bonita Bay
Brooks
Crossings
Kensington
Lely Resort
51 3
10
81 8
4.16
7.56
4.50
15.08
$2,018,169
9.33
$791,148
8.27
21
27
Palmira Golf and Country Club
29
68
27
101
12.89
16
Park Shore/Moorings/Seagate/Coquina Sands Non-Waterfront Park Shore/Moorings/Seagate/Coquina Sands Waterfront
Pelican Bay
Pelican Bay (Bay Colony)
70
12 8
23
82
8.08
$1,853,488
18
10.67
$3,259,667
3
32.00
$4,516,667
11
12.00
46 53
Pelican Marsh
28
33
Pine Ridge
31
Quail Creek
22
Royal Harbor
17
33
15
29
16
25
Pelican Sound Port Royal
Quail West
Tiburon
Vanderbilt Beach
Vineyards
West Bay Club
3
42 50 6
42
$645,108
$3,623,721
23 11
3.65
$752,238
10.24
Pelican Landing
Pelican Landing (The Colony)
$901,458
39
Olde Cypress
Old Naples
$905,000
10.00
49 7
$759,637
12
Mediterra Monterey
$1,212,105
3.13
5.21
$589,315
$1,516,060
$822,472
$1,483,394
10.18
$1,163,857
37
10.05
$1,475,122
20
13.20
12
28 51
3.00
$584,500
18.00
$8,620,241
11.76
$2,081,345
6.18
7
10.29
60
8.40
$958,600
$2,269,273
$2,705,714
6.21
$2,042,957
7.68
$1,186,740
$625,205
John R. Wood Properties, Bring Your Highest Expectations. "The source of chis real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2017, and the proprietary compilation of chat data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data."
4
BUA BELL
r:-HN;.�00D �ROPERTIES
GROUP
Bring Your Highest Expectations™
Neighborhood Snapshot Report© Naples, Bonita Springs and Estero Market Area 12-Month Sold Comparison Report for Select Communities
CONDOMINIUMS Monthly Snapshot as of October!, 2017 Barefoot Beach
AVAILABLE IN VENTOR Y
5
Bonita Bay Brooks
45
Dunes Grey Oaks
13
Kensington Lely Resort
111
Mediterra Olde Cypress
5
Old Naples Palmira Golf and Country Club
12
Park Shore/Moorings/Seagate/Coquina Sands - Non-Waterfront Park Shore/Moorings/Seagate/Coquina Sands - Waterfront
118
Pelican Bay Pelican Bay (Bay Colony)
17
Pelican Landing Pelican Landing (The Colony)
3G
Pelican Marsh Pelican Sound
2G
Pine Ridge Tiburon
20
Vanderbilt Beach Vineyards West Bay Club
94
CLOSED PAST 12 MONTHS
MONTHS OF SUPPLY
AVERAGE CLOSED PRICES
1G
3.75
$1,094,594
100
7.32
$619,304
91
5.93
$275,602
23
13.57
$1,121,424
7
22.29
$922,500
12
18.00
$455,158
146
9.12
$324,864
18
13.33
$568,250
G
10.00
$440,867
134
6.54
$777,218
14
10.29
$326,343
79
7.75
$325,210
280
5.0G
$1,296,955
247
3.94
$870,301
23
8.87
$3,198,909
Go
9.60
$337,183
GG
G.55
$928,888
59
8.34
$443,881
GO
5.20
$303,602
24
8.50
$232,242
34
7.06
$725,924
87
7.45
$741,687
107
10.54
$347,151
37
3.89
$487,635
John R. Wood Properties, Bring Your Highest Expectations. "The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2017, and the proprietary compilation of that data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data."
5
BUA BELL
JoHNRWooo PROPERTIES
GROUP
Bring Your Highest Expectatiomâ„¢
Island Snapshot Report Marco Island 12-Month Sold Comparison Report
SINGLE FAMILY HOMES Monthly Snapshot as of October 1, 2017 Direct Waterfront Indirect Waterfront Golf Course Beachfront Inland Preserve
AVA IL ABLE INVENTORY
CLOSED PAST 12 MONTHS
MONTHS OF SUPPLY
AVERAGE CLOSED PRICES
l0G 94 8 5 G9 5
115 154 15 0 98 7
11.oG 7.32 G.40 0 8.45 8.57
$1,313,035 $936,778 $499,883 0 $504,376 $1,146,429
MONTHS OF SUPPLY
AVERAGE CLOSED PRICES
CONDOMINIUMS Monthly Snapshot as of October 1, 2017 Direct Waterfront
AVA IL ABLE INVENTORY
CLOSED P A ST 12 MONTHS
GG
102 2G
Indirect Waterfront Golf Course
7.7G 9.69
12.00
Beachfront
137
Gulf View
21
Inland Preserve
8
179 29 120 12
8.69 6 60
8.00
$367,859 $462,462 $760,000 $811,GGG $767,362 $250,021 $374,392
Definitions Direct Waterfront
Properties with direct waterfront access indicates there are no bridges or the Marco Island High Span Bridge to navigate to open water.
Indirect Waterfront
Properties with indirect waterfront access indicates there is at least 1 bridge, not including the Marco Island High Span Bridge, to navigate to access open water.
Golf Course
Properties with frontage on the golf course.
Beachfront
Properties with direct views of the Gulf of Mexico and direct beachfront access.
GulfView
Properties with direct views of the Gulf of Mexico with NO direct beachfront access.
Inland
Properties with inland similar housing views.
Preserve
Properties with views of a preserve or mangroves.
John R. Wood Properties, Briug
G
Your Highest Expect11.tio11s.
"The source of this real property information is the copyrighted and proprietary database compilation of Marco Island MLS, Copyright 2017, and the proprietary compilation of that data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data."
BUA BELL GROUP
EMILY K. BUA
TADE K. BUA
ESTATE AGENT Emily@JohnRWood.com Office: 239.659.6115 www.BuaBellSellsNaples.com
BROKER ASSOCIATE Tade@JohnRWood.com Mobile: 239.595.0097 www.BuaBellSellsNaples.com
Emily K. Bua has been in the Real Estate
industry since 1977, including seven years as a regional manager for Internationally recognized Coldwell Banker Real Estate. She has also managed two major U.S. corporate relocation departments. Emily holds a Bachelor's degree with a dual major in Political Science and History, as well as a Master's degree in Education, all from the University of Pittsburgh. Upon arriving in Naples in 1993, she quickly became, and has remained, in the top 1% of ALL agents in Naples. She has provided dedicated service to clients in luxury communities throughout the area, from the beach and golf course to Port Royal and Bonita Bay. Emily holds a GRI affiliation, a REALTOR affiliation and is a member of NABOR (Naples Area Board of Realtors). She has also served on NABOR's Ethics Committee. She is well known to be a fierce supporter of local charities some of which include United Learning, Champions Way, for Conservancy, PAWS, Women's Shelter to name a few.
LU:)gRY
PORT: OLIO
I N T E R N AT I O N A L0
is unlike other real estate agents in that she went directly from college into real estate. She has been in the Real Estate Industry since 1991, including six years managing a real estate office with over 125 agents for the internationally recognized Coldwell Banker Real Estate. As a result of her experience in Real Estate Sales, Management Training, and Tade possesses a wealth of enthusiasm, technology skills, negotiation skills and the ability to develop and execute results driven marketing strategies. She holds a REALTOR affiliation, is a member of NABOR (Naples Area Board of Realtors) and is a Broker Associate in Florida. Tade is especially adept at guiding her clients through the real estate process. Upon her arrival in Naples, in 2006 she joined forces with her mother, Emily K. Bua, to form a dynamic team possessing a level of combined market knowledge, experience and commitment rarely witnessed in Naples' real estate circles. Tade Bua-Bell
BUA BELL GROUP
a
LEADING REAL ESTATE COMPANIES"' efTHE WORLD
Bring Your Higlmt ExpÂŤt111ia1u"'