The Mid-Year Florida Report

Page 1

THE

F L O R I DA

REPORT

M i d - Ye a r 2 0 2 1

A Comprehensive Guide to Real Estate Market Intelligence, Investment Opportunities, & Highly Skilled Agents in Florida by Area. Presented by LUXURY REAL ESTATE HEDGE FUND ALLIANCE


Florida has become the crown jewel of residential and commercial real estate investment.

PUBLISHER J O E M C AU L I F F E

EDITOR MARIA ROSSI


M i d - Ye a r 2 0 2 1 THE

F L O R I DA

REPORT

The Luxury Real Estate Hedge Fund Alliance

We are pleased to present the 1st Edition of The Florida Luxury Real Estate Market Report, a comprehensive guide to luxury real estate market intelligence, investment opportunities and highly skilled agents in Florida, by area. The publication includes a compilation of key market indicators including year-over-year changes in supply, demand, consumption, and value in many of Florida’s most desirable luxury markets.

LUXURY MARKET ANALYTICS The information in The Florida Report is designed to identify investment opportunities by tracking year-over-year real estate market performance in each of the locations included in this report. The market intelligence can also be an invaluable tool in contrasting or comparing market trends in one luxury market to others you may be considering for either investment or personal purposes.

AGENT RECOMMENDATIONS We have also included key contact information for highly sophisticated agents in each of the luxury markets represented. Nearly every agent represented has been recognized as being one of the best in the nation by RealTrends, the company that ranks the top agents by Volume. In addition to knowing the ins and outs of their specific markets and how to navigate the local culture, each agent does extensive research on their geographic markets. Their expertise enables them to provide exceptional advice and unparalleled service to every client they represent.

WHY FLORIDA As you review the market data in this report, you will see that Florida has one of the most rewarding real estate markets in the country, primed for anyone looking to invest. If you are considering purchasing residential or commercial real estate in Florida, the expert advice and recommendations that are available from each agent presented in this publication should be an integral part of your decision-making process.

UPCOMING ISSUES Future Editions will include additional markets not covered in this report. All data included in The Florida Report compares activity during the first half of 2021 to the same period in 2020.

Should you have any questions regarding this publication, or the compilation of the market data contained in The Florida Report, feel free to contact Joe McAuliffe by calling 772-360-7993, or e-mailing TheFloridaReport@Metworldwide.com.


MID-YEAR 2021*

TA B L E O F CO N T E N T S INTRO 6 . . . . . . . A g e n t L i s t 7 . . . . . . . 2 0 2 1 M i d - S e a s o n R e v i e w 8 - 1 1 . . . . . 2 0 2 1 L u x u r y M a r k e t O v e r v i e w

EAST COAST 1 2 . . . . . . M i a m i S u b u r b s 1 4 . . . . . . M i a m i D o w n t o w n 1 5 . . . . . . M i a m i I s l a n d s 1 6 . . . . . . M i a m i B e a c h 1 8 . . . . . . F o r t L a u d e r d a l e B e a c h 2 0 . . . . . . R o y a l P a l m Y a c h t & C o u n t r y C l u b 2 2 . . . . . . E a s t B o c a R a t o n , H i g h l a n d B e a c h & H i l l s b o r o B e a c h 2 4 . . . . . . We s t B o c a C o m m u n i t i e s 2 6 . . . . . . D e l r a y B e a c h , M a n a l a p a n , & O c e a n R i d g e 2 8 . . . . . . B o y n t o n B e a c h 3 0 . . . . . . E q u e s t r i a n C o m m u n i t i e s 3 2 . . . . . . P a l m B e a c h I s l a n d 3 4 . . . . . . We s t P a l m B e a c h 3 6 . . . . . . P a l m B e a c h G a r d e n s 3 8 . . . . . . L o s t T r e e 3 9 . . . . . . O l d P a l m / S e m i n o l e 4 0 . . . . . . S i n g e r I s l a n d 4 2 . . . . . . J u n o B e a c h 4 4 . . . . . . J u p i t e r / Te q u e s t a *INFORMATION PROVIDED BY MLS FROM JANUARY 1, 2021 THROUGH JUNE 30, 2021 DEEMED RELIABLE BUT NOT GUARANTEED.

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EAST COAST (CONTINUED) 4 6 . . . . . . J u p i t e r I s l a n d 4 8 . . . . . . S a i l f i s h P o i n t 5 0 . . . . . . S t u a r t / H o b e S o u n d 5 2 . . . . . . P o r t S t . L u c i e 5 4 . . . . . . H u t c h i n s o n I s l a n d 5 6 . . . . . . Ve r o B e a c h I s l a n d 5 8 . . . . . . Ve r o B e a c h M a i n l a n d 6 0 . . . . . . M e l b o u r n e A r e a 6 2 . . . . . . B r e v a r d B a r r i e r I s l a n d s 6 4 . . . . . . C o a s t a l Vo l u s i a C o u n t y 6 6 . . . . . . J a c k s o n v i l l e B e a c h e s 6 8 . . . . . . J a c k s o n v i l l e A r e a

WEST COAST 7 0. . . . . . M a r c o I s l a n d 7 2. . . . . . N a p l e s – A q u a l a n e S h o r e s 7 3. . . . . . N a p l e s – P o r t R o y a l 7 4. . . . . . O l d e N a p l e s 7 6. . . . . . N a p l e s B e a c h f r o n t 7 8. . . . . . N a p l e s – C o q u i n a S a n d s , M o o r i n g s , P a r k S h o r e 8 0. . . . . . N a p l e s – P e l i c a n B a y, B a y C o l o n y, E s t a t e s a t B a y C o l o n y 8 2. . . . . . N a p l e s G o l f & G a t e d C o m m u n i t i e s 8 4. . . . . . Ve n i c e 8 6. . . . . . S a r a s o t a M a i n l a n d 8 8. . . . . . S a r a s o t a B a r r i e r I s l a n d s 9 0. . . . . . A n n a M a r i a I s l a n d / L a k e w o o d R a n c h A r e a

CENTRAL 9 2. . . . . . S o u t h w e s t O r l a n d o 9 4. . . . . . S o u t h e a s t O r l a n d o 9 6. . . . . . N o r t h w e s t O r l a n d o 9 8. . . . . . N o r t h e a s t O r l a n d o

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MID-YEAR 2021

AG E N T L I S T EAST COAST JENNIFER MARTIN FAULKNER Jacksonville Area - Douglas Elliman

KIM MARTIN-FISHER

Jacksonville Beaches - Douglas Elliman

THE WELLER TEAM

Coastal Volusia County - EXP Realty

STEPHANIE MOSS DANDRIDGE

Brevard Barrier Islands, Melbourne Area - One Sotheby ’s

VANCE BRINKERHOFF

Vero Beach Mainland Condos - Coldwell Banker Paradise

MARA PUERNER

Vero Beach Mainland Single Family, Vero Beach Island Condos - Dale Sorensen Real Estate

CINDY O’DARE & RICHARD BOGA

Vero Beach Island Single Family - Premier Estate Properties

DANIEL OCHSE

Hutchinson Island - Coldwell Banker Paradise

CHRIS & KAY RODRIGUEZ Port St. Lucie - Lang Realty

DOC ELLINGSON

ORLANDO DAN NATOLI

Southwest Orland, Southeast Orlando, Northwest Orlando - Corcoran

SAM HILLMAN

Northeast Orland - Fannie Hillman

Stuart/Hobe Sound - One Sotheby ’s

KRISTEN CHESKATY

Sailfish Point - Sailfish Point Realty

JOHN NUGENT/MEIKE MACGREGOR

Singer Island, Jupiter/Tequesta, Juno Beach - Compass

THE REBACK TEAM

Lost Tree, Old Palm & Seminole - Reback Realty

TINA ANDERSON

Palm Beach Gardens, West Palm Beach & Jupiter Island - One Sotheby’s

WEST COAST THE SODA GROUP

Anna Maria Island, Lakewood Ranch Premier Sotheby’s International

THE SCHEMMEL GROUP

Sarasota Barrier Islands, Sarasota Mainland - Premier Sotheby’s International

VICTORIA STULTZ

Venice - Engel & Volkers

BILL EARLS & LARRY LAPPIN

Naples Luxury Communities - John R. Wood Properties

PHIL COLLINS

Port Royal, Olde Naples - William Raveis

MICHELLE THOMAS

Marco Island - Premier Sotheby’s International

DANA KOCH

Palm Beach Island - Corcoran

MARIA MENDELSOHN

Equestrian Communities - Douglas Elliman

EVAN MUSA

Boynton Beach - Premier Estate Properties

PAT & ANTONIO LIGUORI

Delray Beach, Manalapan, Ocean Ridge - Premier Estate Properties

MICHAEL BLOOM & MELANIE BLOOM HAYM West Boca Communities - Douglas Elliman

JOSEPH LIGUORI, GERARD LIGUORI, CARMEN D’ANGELO

East Boca Raton, Highland Beach & Hillsboro Beach Single-Family - Premier Estate Properties

SCOT KARP & MICHAEL WELLS

East Boca Raton, Highland Beach & Hillsboro Beach Condos - Premier Estate Properties

JACKIE FELDMAN, GERI PENNIMAN

Royal Palm Yacht and Country Club - Premier Estate Properties

GIANPIERRE GIUSTI

Ft. Lauderdale Beach Condos - Coldwell Banker

THE ELMES GROUP

Ft. Lauderdale Beach Single-Family - Compass

CHAD CARROLL

Miami Beach Single-Family - Compass

SEBASTIAN ACOSTA

Miami Downtown, Miami Islands, Miami Beach Condos - One Sotheby’s

MICHAEL MARTINEZ

Miami Suburbs - One Sotheby’s

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MID-YEAR 2021

POST-SEASON REVIEW When the COVID 19 outbreak occurred in early 2020, many experts predicted it would have a devastating impact on the real estate industry. Nothing could be further from the truth as real estate throughout the United States enjoyed unprecedented growth. Nowhere has this been truer than in Florida, which has realized tremendous growth this year when compared to prior years. Many luxury markets have already surpassed last year’s activity, with another 6 months remaining. KEY FACTORS THAT HAVE LED TO THE UNPRECEDENTED GROWTH THIS YEAR: •A n influx of Retiring Baby Boomers moving to Florida to enjoy retirement. •M igration of residents that live in densely populated northern cities that have been profoundly impacted by the Pandemic, who have realized that the quality of life should be one of the top considerations as no-one has unlimited time. •M any high-net-worth individuals deciding to move from high tax Northern States to escape substantial State and Local Tax liabilities that are expected to increase even further in the coming years. • F lorida’s weather and attractive political, tax and business climates are among the best for investment in the country. The state and for the most part, local governments in Florida encourage pro-development and pro-business mindsets while the state’s economy is both vigorous and diversified.

PRESENT MARKET ACTIVITY :

Compared to a year ago, the statistics could not be more dramatic. Sales have already outpaced the last year’s entire sales activity, and prices have also shown impressive growth in nearly every market. The major issue facing Florida’s real estate industry is the availability of inventory. The number of homes available for sale for both Single-Family and Multi-Family homes are at or near record lows.

BUYER DEMAND:

Despite the fact that buyer demand has been impacted by the typical post-season slow-down in activity that results from warm weather returning to Northern areas, there are still many motivated buyers interested in purchasing that have been unable to find a home because of limited inventory. Buyer demand is expected to remain strong for the remainder of this year and in the coming years despite the waning impact caused by COVID 19 restrictions that are loosening in most other states.

MOST NOTABLY:

•F lorida’s attractive weather, favorable business climate, vibrant economy and one of the most attractive tax climates in the nation will continue to drive new residents to Florida. •O ver the next several years, State & Local taxes in high-tax States in the Northeast, Midwest and West Coast are projected to increase even further to cover deficits that have been caused by the Pandemic. • I nternational Buyers who have been unable to come to Florida because of travel restrictions will return to the market in the future.

Presented by LUXURY REAL ESTATE HEDGE FUND ALLIANCE 7


MID-YEAR 2021

2 02 1 L U X U RY M A R K E T OV E RV I E W S U P P LY SINGLE FAMILY HOMES PRICE POINT

#ACTIVE

< $500K

2038

$500K - $1M

870

$1M - $2M

482

$2M - $5M

496

> $5M

277

Total

4163

ACTIVE LISTINGS BY PRICE POINT

< $500K

$500K - $1M

$1M - $2M

< $500K

$ 2 M $- 5$05 0 MK - $ 1 M > $ 5 M

$1M - $2M

$2M - $5M

>$5M

MULTI FAMILY HOMES PRICE POINT

#ACTIVE

< $500K

2024

$500K - $1M

649

$1M - $2M

364

$2M - $5M

261

> $5M

93

Total

3391

ACTIVE LISTINGS BY PRICE POINT

< $500K

$500K - $1M

$1M - $2M

< $500K

$ 2 M $- 5$05 0 MK - $ 1 M > $ 5 M

$1M - $2M

$2M - $5M

>$5M

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DEMAND SINGLE FAMILY HOMES PRICE POINT

UNDER $500K

$500K - $1M

$1M - $2M

$2M - $5M

> $5M

Totals

YEAR

SOLD

2020

20,709

2021

24,149

% Change

MULTI FAMILY HOMES

RATE

YEAR

SOLD

2020

10,779

2021

17,362

16.6%

% Change

61.1%

2020

3,185

2020

1,447

2021

6,315

2021

3,497

% Change

98.3%

% Change

141.7%

2020

964

2020

550

2021

2,253

2021

1,458

% Change

133.7%

% Change

165.1%

2020

545

2020

231

2021

1,443

2021

883

% Change

164.8%

% Change

282.3%

2020

163

2020

37

2021

545

2021

171

% Change

234.4%

% Change

362.2%

2020

25,566

2020

13,044

2021

34,705

2021

23,371

% Change

35.7%

% Change

79.2%

16.6%

98.3%

133.7%

164.8%

234.4%

35.7%

PRICE POINT

UNDER $500K

$500K - $1M

$1M - $2M

$2M - $5M

> $5M

Totals

RATE

61.1%

141.7%

165.1%

282.3%

362.2%

79.2%

Presented by LUXURY REAL ESTATE HEDGE FUND ALLIANCE 9


MID-YEAR 2021

2 02 1 L U X U RY M A R K E T OV E RV I E W CONSUMPTION

3 .0

2 .1

1.3 1.3

0.7

0.8

0.7

0.8

0.5 0.5

- MSI - - MSI -

2 .1

3 .0

MONTH'S SUPPLY OF INVENTORY BY PRICE POINT - SINGLE FAMILY HOMES

< $500K

$500K - $1M

$1M - $2M

$2M - $5M

>$5M

TOTA L

< $500K

$500K - $1M

$1M - $2M

$2M - $5M

>$5M

TOTA L

- PRICE POINT -

- PRICE POINT -

0 .9

1 .1

1.5

0 .9

1.8

1 .1 0.7 0.7

- MSI - - MSI -

1.5

1.8

3.3

3.3

MONTH'S SUPPLY OF INVENTORY BY PRICE POINT - MULTI - FAMILY HOMES

< $500K

$500K - $1M

$1M - $2M

$2M - $5M

>$5M

TOTA L

< $500K

$500K - $1M

$1M - $2M

$2M - $5M

>$5M

TOTA L

- PRICE POINT -

- PRICE POINT -

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VA L U E SINGLE FAMILY HOMES PRICE POINT

UNDER $500K

$500K - $1M

$1M - $2M

$2M - $5M

> $5M

Totals

MULTI FAMILY HOMES

YEAR

SOLD

2020

$270,546

2021

$297,648

% Change

RATE

YEAR

SOLD

2020

$207,010

2021

$230,471

+10.0%

% Change

11.3%

2020

$658,160

2020

$688,455

2021

$673,062

2021

$689,159

% Change

+2.3%

% Change

+0.1%

2020

$1.389.281

2020

$1,360,770

2021

$1.403.590

2021

$1,389,936

% Change

+1.0%

% Change

+2.1%

2020

$3.010.635

2020

$2,914,769

2021

$3.046.702

2021

$2,972,485

% Change

+1.2%

% Change

+2.0%

2020

$9.257.099

2020

$7,092,67 1

2021

$10.367.142

2021

$7,840,093

% Change

+12.0%

% Change

+11%

2020

$476,725

2020

$376,550

2021

$7 10,188

2021

$530,714

% Change

49.0%

% Change

+40.9%

10.0%

2.3%

1.0%

1.2%

12.%

49.0%

PRICE POINT

UNDER $500K

$500K - $1M

$1M - $2M

$2M - $5M

> $5M

Totals

RATE

11.3%

0.1%

2.1%

2.0%

11.0%

40.9%

Presented by LUXURY REAL ESTATE HEDGE FUND ALLIANCE 11


MIAMI SUBURBS CO R A L G A B L E S , CO CO N U T G ROV E, & P I N EC R E S T

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W C O R A L G A B L E S , C O C O N U T G R O V E & P I N E C R E S T S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1

PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

211 307 +45.5% 133 370 +178.2%

$2,000,000 $4,000,000

2020 2021 % Change

$4,000,000 $10,000,000

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

MSI*

AVG. SOLD PRICE

$699,717 $758,357 +8.4% $1,416,768 $1,422,107 +0.4%

30

0.6

62

1

63 244 287.3%

49

1.2

$2,707,099 $2,798,042 +3.4%

2020 2021 % Change

12 75 +525.0%

44

3.5

$5,937,031 $5,462,421 -8.0%

2020 2021 % Change 2020 2021 % Change

3 18 +500.0% 422 1014 +140.3%

19

6.3

$27,833,333 $15,687,920 -43.6%

204

1.2

$1,567,208 $2,104,321 +34.3%

T

he number of sales of single-family homes in Coral Gables, Coconut Grove and Pinecrest increased over 140% during the first half of 2021 when compared to the first half of 2020. Average sales prices during the same period increased approximately 34% as a result of the significant increases in sales over $4 million. Extremely low inventory and projected strong buyer demand should lead to continued price increases in the coming months.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

With nearly two decades of experience in real estate and over a quarter billion dollars in career closed sales, Michael Martinez is a leading South Florida luxury real estate agent. He is Vice President at One Sotheby’s International Realty and was ranked #1 Top Producer in 2020 with over $147 million in total sales volume. Born and raised in Miami and fluent in both Spanish and English, Michael is especially known for his considerable knowledge of investment opportunities and market trends, as well as his negotiating expertise and extensive network of connections. Michael specializes in residential properties in upscale communities in the Miami area, and has particular expertise with boating and waterfront properties, pre-construction sales, redevelopment, and international buyers.

12

# ACTIVE

M I C H A E L M A RT I N E Z TOP-PRODUCING AGENT


Known for tree-lined boulevards, historical landmarks, world-class shopping and dining, and an abundance of arts and culture opportunities in a variety of neighborhoods ranging from traditional to bohemian, the southern suburbs of Miami offer a slice of tropical paradise for any lifestyle in close proximity to all the opportunities of the “Magic City” of Miami.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W C O R A L G A B L E S , C O C O N U T G R O V E & P I N E C R E S T M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1

PRICE POINT

$456,162 $449,611 -1.4%

$1,000,000 $2,000,000 $2,000,000 $4,000,000

2020 2021 % Change

$4,000,000 $10,000,000

2020 2021 % Change

1 9 +800.0%

14

9.3

2020 2021 % Change 2020 2021 % Change

0 0 -%

2

-

224 434 +93.8%

137

1.9

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

AVG. SOLD PRICE

174 323 +85.6% 37 75 +102.7% 12 27 +125.0%

Under $1,000,000

# SOLD

MSI*

YEAR 2020 2021 % Change 2020 2021 % Change

76

1.4

33

2.6

12

2.7

$1,246,777 $1,348,997 +8.2% $2,637,813 $2,868,407 +8.7% $4,300,000 $5,940,000 +38.1% $$-% $720,789 $869,369 +20.6%

T

he first half of 2021 was a strong period for the multi-family home market in Coral Gables, Coconut Grove, and Pinecrest. The number of sales nearly doubled year-over-year, and average sales prices increased 20.6% in the same period with significant gains at all price points above $1 million. Inventory levels are very low, indicating continued price increases in the coming months despite the typical decrease in demand for condominiums during the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT MICH AEL MART INEZ AT 305.979.9367

M M A R T I N E Z @ M I C H A E L M A R T I N E Z R E A LT O R .C O M

13


MIAMI DOWNTOWN

Lively, diverse, cosmopolitan, and chic, these neighborhoods are home to stunning beaches, a flourishing arts & culture scene, nationally-known nightlife, and world-class shopping and dining.

DOWNTOWN, BRICKELL & BRICKELL KEY

LUXU RY MU LT I-FA MILY HOMES M A R K E T O V E R V I E W M I A M I D O W N T O W N M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

473 1477 +212.3% 21 126 +500.0% 5 26 +420.0%

$4,000,000 $10,000,000

2020 2021 % Change

3 10 +233.3%

2020 2021 % Change 2020 2021 % Change

2 4 +100.0% 504 1643 +226.0%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

MSI*

632

2.6

134

6.4

31

7.2

26

15.6

8

12

831

3

AVG. SOLD PRICE

$398,570 $434,030 +8.9% $1,376,310 $1,360,566 -1.1% $2,656,000 $2,490,228 -6.2% $5,726,667 $5,628,550 -1.7% $16,800,000 $14,500,000 -14.0% $558,505 $603,484 +8.1%

T

he number of sales of condominiums in Downtown Miami, Brickell, and Brickell Key more than tripled during the first half of 2021 when compared to the same period last year. Average sales prices increased approximately 8% as a result of the increase in proportion of sales over $1 million. Inventory levels are low, indicating price appreciation in the coming months, although this may be affected by the typical decrease in demand for condominiums during the summer months.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

With over a decade-and-a-half-long resume of success in real estate, Sebastian Acosta has consistently been a top-producing agent at every company he has been with. Fluent in Spanish, English, Portuguese and French, Sebastian studied Finances, Government and International Relationships at Externado University of Colombia before beginning his career in real estate in 2004. Since then, he has won multiple awards for sales in the Miami area. Sebastian is also known for authoring several hit books on business and real estate: “Karma In Business” (2003), “Make Millions with Foreclosures and Short Sales” (2008), and “The Million Dollar Listing Social Media” (2017).

14

# ACTIVE

S E B A ST I A N A CO S TA TOP-PRODUCING AGENT


MIAMI ISLANDS SUNSET ISLANDS, VENETIAN ISLANDS, S TA R I S L A N D , PA L M I S L A N D , H I B I S C U S I S L A N D

Featuring arrays of beautiful, exclusive waterfront homes, the island communities off the coast of Miami are favored by celebrities and the wealthy elite for elegance, luxury and relaxation.

LUXURY TOWNHOMES EW LUXU RY SCONDO IN GLE-FA/ MILY HOMES M A RMKAERTK EOT VOEVREVRIVEI W M I A M I I S L A N D S S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

0 0 -% 2 9 +350.0% 2 19 +850.0%

$4,000,000 $10,000,000

2020 2021 % Change

7 25 +257.1%

2020 2021 % Change 2020 2021 % Change

1 33 +3200.0% 12 86 +616.7%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

# ACTIVE

MSI*

0

-

1

0.7

8

2.5

6

1.4

25

4.5

40

2.8

AVG. SOLD PRICE

$$-% $1,742,500 $1,843,556 +5.8% $3,204,000 $2,796,553 -12.7% $6,114,286 $6,058,400 -0.9% $12,002,085 $16,123,258 +34.3% $5,391,257 $8,758,757 +62.5%

T

he number of sales of single-family homes on the Miami Islands increased a staggering 616% in the first half of 2021 when compared to the same period last year. Average sales prices during the same period increased over 62%. Increases in both sales volume and average sales price were most notable for properties over $10 million. Inventory levels are extremely low, indicating continued price increases in the coming months.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT S EB AST I AN ACOSTA AT 305.244.6222

S A C O S TA @ O N E S O T H E B Y S R E A LT Y.C O M

15


M I A M I B E AC H

N O RT H B E AC H , M I D B E AC H , SO U T H B E AC H , SO U T H O F F I F T H

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W M I A M I B E A C H S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

29 58 +100.0% 35 98 +180.0% 13 66 +407.7%

$4,000,000 $10,000,000

2020 2021 % Change

7 40 +471.4%

2020 2021 % Change 2020 2021 % Change

1 15 +1400.0% 85 277 +225.9%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

# ACTIVE

MSI*

15

1.6

23

1.4

28

2.5

27

4.1

15

6

108

2.3

AVG. SOLD PRICE

$721,990 $700,528 -3.0% $1,434,961 $1,439,128 +0.3% $2,635,308 $2,629,045 -0.2% $7,550,000 $5,727,889 -24.1% $14,200,000 $18,376,907 +29.4% $2,029,063 $3,104,517 +53.0%

T

h e nu mb e r of s i n g l e -fa mi l y h o m e sa l es i n Mia mi B ea c h i n c rea s ed 225.9% du ri n g t h e f i rst ha l f of 2021 w h e n c o mp a red to t h e sa m e p e rio d l a st yea r. Ave ra ge sa l es p ric es du ri n g t h e sa m e p e rio d i n c rea s ed 53%, p a rt ia l l y du e to t h e d ra mat ic i n c rea s e i n sa l es ove r $10 mi l l io n . W it h l ow i nve nto r y l eve l s , c o nt i nu ed p ric e ap p rec iat io n is l i ke l y du ri n g t h e re ma i n d e r of t his yea r.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Chad Carroll is an area "Power Broker" in every sense. With a wealth of experience in real estate, finance, contracts, and negotiation, Chad skillfully structures deals designed to put clients in their dream homes and provides expert guidance by utilizing an abundance of professional resources. A frequent contributor in The Wall Street Journal, New York Times, Daily News, and The Real Deal, Chad has set an unparalleled standard among his peers.

C H A D C A R RO L L P R E S I D E N T, T H E C A R R O L L G R O U P

As a self-made real estate mogul, Chad relocated from New York to Miami to make his South Florida real estate debut in 2008, shortly after the Subprime Mortgage Crisis. He quickly rose to the top 1% of agents and has consistently ranked in the top 100 agents nationally since 2011, boasting over $2B in career sales.

FOR MARKET INFO, CONTACT T HE CH AD CARROLL GROUP AT 305.400.9507 | T H E C H A D C A R R O L L G R O U P. C O M 16


A global jetsetter destination known especially for its vibrant nightlife, the island resort city of Miami Beach is famous for beachfront views, thriving arts and culture, and international f lair, and draws buyers from everywhere in the world .

LUXURY CONDO / TOWNHOMES ET IEW LUXU RY MU LT I-FA MILY HOMES M A RM KA E RT KO V EORVVE R I EVW M I A M I B E A C H M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

560 1378 +146.1% 46 198 +330.4% 21 136 +547.6%

$4,000,000 $10,000,000

2020 2021 % Change

8 63 +687.5%

2020 2021 % Change 2020 2021 % Change

0 18 -% 635 1793 +182.4%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

# ACTIVE

MSI*

852

3.7

134

4.1

88

3.9

49

4.7

19

6.3

1142

3.8

AVG. SOLD PRICE

$344,876 $392,419 +13.8% $1,369,565 $1,362,841 -0.5% $2,672,524 $2,776,543 +3.9% $4,778,625 $6,200,645 +29.8%

T

he number of multifamily home sales in Miami Beach increased 182.4% during the first half of 2021 when compared to the same period last year. Average sales prices increased over 87% during the same period, partly as a result of the increases in sales at higher price points. Low inventory levels indicate continued price increases in the coming months if buyer demand remains strong.

$$15,227,111 -% $551,941 $1,033,427 +87.2%

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

With over a decade-and-a-half-long resume of success in real estate, Sebastian Acosta has consistently been a top-producing agent at every company he has been with. Fluent in Spanish, English, Portuguese and French, Sebastian studied Finances, Government and International Relationships at Externado University of Colombia before beginning his career in real estate in 2004. Since then, he has won multiple awards for sales in the Miami area.

S E B A ST I A N A CO S TA TOP-PRODUCING AGENT

Sebastian is also known for authoring several hit books on business and real estate: “Karma In Business” (2003), “Make Millions with Foreclosures and Short Sales” (2008), and “The Million Dollar Listing Social Media” (2017).

FOR MARKET INFO, CONTACT S EB AST I AN ACOSTA AT 305.244.6222 | S A C O S TA @ O N E S O T H E B Y S R E A LT Y. C O M 17


F O RT L AU D E R DA L E B E AC H L A S O L A S B LV D & N E I G H B O R H O O D S

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W F O R T L AU D E R DA L E B E AC H S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 19 20 +5.3% 20 35 +75.0% 24 42 +75.0%

$2,000,000 $5,000,000

2020 2021 % Change

10 22 +120.0%

2020 2021 % Change 2020 2021 % Change

5 12 +140.0% 78 131 +67.9%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

1

0.3

2

0.3

5

0.7

14

3.8

5

2.5

27

1.2

AVG. SOLD PRICE

$315,082 $313,803 -0.4% $751,499 $767,433 +2.1% $1,372,798 $1,426,497 +3.9% $3,023,750 $2,920,682 -3.4% $8,707,500 $9,839,833 +13.0% $1,637,675 $2,102,154 +28.4%

T

he number of single-family home sales in Fort Lauderdale Beach increased nearly 68% in the first half of 2021 when compared to the same period last year. In the same period, average sale price increased nearly 29%. Extremely low inventory levels, coupled with strong buyer demand, indicates that price increases should continue as buyer demand remains high.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Tim Elmes has been the undisputed leader of the Fort Lauderdale luxury real estate market for the past 30+ years, having closed over $2 billion in sales and been involved in every record-breaking sale (except one) in Fort Lauderdale since his start. Sought after by celebrities, sports professionals, and business leaders throughout South Florida and Miami Beach, Tim is known for his unsurpassed negotiating skills, commitment to customer satisfaction and personalized service.

E L M E S G RO U P B R O K E R A S S O C I AT E S

The Elmes Group has consistently been ranked in the Wall Street Journal as one of the top Teams in the nation and in 2020 was awarded the #6 Team in Florida and the #1 Team in Fort Lauderdale with an extraordinary sales volume of $150M+.

FOR MARKET INFO, CONTACT T IM EL MES & ADDISON RUFF AT 954.300.9898 | T I M @ E L M E S G R O U P. C O M 18


Fa m o u s a s the ya chti n g capital of the world, Fort Lauderdale Beach o f fe rs a va r i ety of ocea n front properties bordered by chic restaurant s , t re n dy bou tiqu es, a n d colorf ul art galleries to one side and one of th e fi n est m a r i n as in the country to the other.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W F O R T L AU D E R DA L E B E AC H M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 208 462 +122.1% 117 270 +130.8% 23 107 +365.2%

$2,000,000 $5,000,000

2020 2021 % Change

17 49 +188.2%

2020 2021 % Change 2020 2021 % Change

0 1 -% 365 889 +143.6%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

92

1.2

65

1.4

50

2.8

29

3.6

4

24

240

1.6

AVG. SOLD PRICE

$282,736 $299,337 +5.9% $690,299 $683,791 -0.9% $1,332,058 $1,318,940 -1.0% $2,845,508 $2,830,102 -0.5% $$5,100,000 -% $598,863 $683,711 +14.2%

T

he multi-family home market in Fort Lauderdale Beach enjoyed impressive growth in the first half of 2021, with a 143.6% increase in number of sales year-overyear. The approximately 14% increase in average sale price was the result of a significant increase in sales over $1 Million from a year earlier. Very low inventory levels should lead to continued price increases in the coming months. Buyer demand is expected to remain higher than normal for the remainder of 2021.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Gianpierre Giusti is one of the foremost real estate agents in the Fort Lauderdale area, specializing in listing, marketing, and selling luxury waterfront condominiums. In 2005, he became a licensed realtor, and partnered with his mother Maritza Meza two years later to form their own real estate company. Later, they cofounded the Meza Group and partnered with Coldwell Banker Global Luxury. The Meza Group, of which Gianpierre is now the president, has been awarded for outstanding sales every year since partnering with Coldwell Banker, closing over $750 million in total sales over the years.

GIANPIERRE GIUSTI B R O K E R A S S O C I AT E

FOR MARKET INFO, CONTACT GI ANPIERRE GIUST I AT 954.802.8525 G I A N P I E R R E @ M E Z A G R O U P. C O M

19


ROYAL PALM YACHT & COUNTRY CLUB E A S T B O C A R AT O N

F E AT U RED ESTAT ES

Geri Penniman has been repeatedly ranked in the top ½ of 1 percent of America’s real estate professionals by The Wall Street Journal and RealTrends. She is consistently sought after for her expert market and community knowledge, total professionalism, top-tier personal service, superior negotiating skills, and the utmost discretion. Geri has been a consummate leader in the high-end real estate market.

GERI PENNIMAN R E A LT O R ®

FOR MARKET INFO, CONTACT GERI PENNIMAN AT 561.212.3888 G P E N N I M A N @ P R E M I E R E S TAT E P R O P E R T I E S . C O M 20


Royal Palm Yacht & Country Club offers an idyllic private sanctuary in a premier location across from the landmark The Boca Raton and near wide sandy stretches of pristine beaches and the sparkling Atlantic Ocean. This exclusive community is situated just minutes south of downtown Boca Raton’s beautiful Mizner Park, with its world-class shopping , dining , and entertainment.

F E AT U RED ESTAT ES AVG. SOLD PRICE

Jackie Feldman has been a resident of Royal Palm Yacht & Country Club for over 17 years and has developed extensive relationships, enabling her to offer a wealth of knowledge for this highly prestigious enclave. Jackie’s commitment to excellent personal service is clear in all her dealings, and she is known for her insight, integrity, warmth, and humor as well as her exceptional skill.

JACKIE FELDMAN R E A LT O R ®

FOR MARKET INFO, CONTACT JACKIE FELDMAN AT 561.400.2156 J A C K I E @ P R E M I E R E S TAT E P R O P E R T I E S . C O M 21


E A S T B O C A R ATO N , H I G H L A N D B E AC H & HILLSBORO BEACH LU X U RY R E S I D E N C E S I N E XC E S S O F $ 1 M I L L I O N

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W E A ST B O C A R ATO N , H I G H L A N D B E AC H & H I L L S B O R O B E AC H S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1

PRICE POINT

YEAR

# SOLD

$1,000,000 $2,000,000

2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

45 70 +55.6% 29 77 +165.5%

$4,000,000 $10,000,000

2020 2021 % Change 2020 2021 % Change 2020 2021 % Change

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

21

1.8

20

1.6

9 54 +500.0%

36

4

2 18 +800.0%

22

7.3

85 219 +157.6%

99

2.7

AVG. SOLD PRICE

$1,414,522 $1,434,157 +1.4% $2,722,264 $2,818,244 +3.5% $6,052,556 $5,502,704 -9.1% $14,675,000 $15,298,669 +4.2% $2,663,790 $4,063,552 +52.5%

S

a l es a c t iv it y fo r s i n g l e -fa mi l y h o m es ove r $1M i n E a st B o ca R ato n , Hi g hl a n d B ea c h & Hi l l sb o ro B ea c h i n c rea s ed ove r 157% i n t h e f i rst ha l f of 2021 w h e n c o mp a red to t h e sa m e p e rio d i n 2020. Th e 52.5% i n c rea s e i n t h e ave ra ge sa l es p ric e wa s l a rge l y a result of t h e d ra mat ic i n c rea s e i n sa l es ove r $4 Mi l l io n . W it h ve r y l ow i nve nto r y l eve l s , p ric es a re e xp ec ted to c o nt i nu e to i n c rea s e i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Joseph Liguori, Carmen D’Angelo and Gerard Liguori are the broker/owners of Premier Estate Properties and dominant leaders specializing exclusively in million dollar-plus properties. Since 1993, they have generated over $3.7 billion in sales and represent the finest collection of ultraluxury properties available. This trio has also been ranked in the Wall Street Journal’s and RealTrends’ list of top real estate professionals in the nation for fourteen years. Highly skilled, seasoned veterans, Carmen, Gerard, and Joseph are known for their personal integrity, high level of discretion, and exacting personal service, and stand out for their negotiation expertise, indepth market knowledge, and highly principled business approach. Their loyal clients include wealthy and high-profile individuals from across the globe.

JOSEPH GERARD LIGUORI LIGUORI CARMEN D’A NGELO

FOR MARKET INFO, CONTACT J OE LIGUORI AT 866.281.6420 J O E @ P R E M I E R E S TAT E P R O P E R T I E S . C O M

22


A premier destination for people at all stages of life, the East Boca Raton area boasts a dynamic cultural scene, fantastic shopping and restaurants, beautiful natural landscapes, and access to a wealth of recreational opportunities.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W E A ST B O C A R ATO N , H I G H L A N D B E AC H & H I L L S B O R O B E AC H M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1

PRICE POINT

YEAR

# SOLD

$1,000,000 $2,000,000

2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

39 147 +276.9% 13 70 +438.5%

$4,000,000 $10,000,000

2020 2021 % Change 2020 2021 % Change 2020 2021 % Change

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

70

2.9

49

4.2

4 17 +325.0%

57

20.1

0 1 -%

23

138

56 234 +319.6%

199

5.1

AVG. SOLD PRICE

$1,300,942 $1,361,759 +4.7% $2,762,538 $2,726,882 -1.3% $4,412,500 $4,957,618 +12.4% $$12,100,000 -% $1,862,496 $2,074,212 +11.4%

T

he number of multi-family home sales over $1M in East Boca Raton, Highland Beach, & Hillsboro Beach in the first half of 2021 more than quadrupled when compared to the same period a year earlier. Average sales prices in the same period increased 11.4%. Inventory levels are low, indicating continued price increases in the coming months despite the typical slowdown in condominium demand during the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

As Director of Premier Estate Properties Ultraluxury Condominium Division, with over 41 years of industry experience and over $1.2 billion in career to date sales, Scot Karp is one of the most successful real estate professionals in the nation. He has represented important Ultraluxury Condominiums for many notable clients, and is often consulted by prominent publications for his highly specialized knowledge of this important niche market. A third-generation luxury property specialist, Michael Wells is focused on providing customized and very personal service to his aff luent clientele, forming a strong relationship with each client. With his strong work ethic, technological expertise, impeccable attention to detail, respect for the art of listening and commitment to the highest level of trust and discretion, Michael Wells provides the utmost professionalism to both his valued sellers and buyers.

S COT KA R P R E A LT O R ®

MICHAEL WELLS R E A LT O R ®

SCOT KARP AT 561.441.7902 | SCOT@PREMIERESTAT EPROPERT IES.COM MICH AEL WELLS AT 561.445.5877 | MICH AEL@PREMIERESTAT EPROPERT IES.COM 23


WEST BOCA COMMUNITIES

F I EL D B ROOK ESTATES , H ORS E S H OE ACRE S , LE LAC, L E R I VAG E, LO N G L A K E E S TAT E S , ROYA L PA L M P O LO, S E V EN B RI D G ES , ST. ANDRE WS , S TONE CRE E K RA N CH, T HE OA K S , A DDI SO N R E S E RV E, & W O O DFI E L D

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W W E S T B O C A S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

6 5 -16.7% 24 34 +41.7%

$1,000,000 $2,000,000

2020 2021 % Change

$2,000,000 $5,000,000

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

MSI*

AVG. SOLD PRICE

$383,625 $343,800 -10.4% $808,311 $754,303 -6.7%

1

1.2

2

0.4

32 50 56.3%

14

1.7

$1,382,087 $1,464,101 +5.9%

2020 2021 % Change

17 48 +182.4%

24

3

$2,943,471 $2,808,641 -4.6%

2020 2021 % Change 2020 2021 % Change

1 5 +400.0% 80 142 +77.5%

10

12

$6,200,234 $6,586,000 +6.2%

51

2.2

$1,527,090 $1,889,543 +23.7%

T

h e nu mb e r of sa l es of s i n g l e fa mi l y h o m es i n West B o ca R ato n lu xu r y a n d gated c o m mu nit ies i n c rea s ed 77.5% du ri n g t h e f i rst ha l f of 2021 c o mp a red to t h e sa m e p e rio d i n 2020. Ave ra ge sa l es p ric es du ri n g t h e sa m e p e rio d i n c rea s ed 23.7% a s a result of t h e s i g nif ica nt i n c rea s e i n p ro p e rt ies s o l d ove r $1 mi l l io n . W it h ve r y l ow i nve nto r y l eve l s , ave ra ge sa l es p ric es s h oul d i n c rea s e i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

The Bloom Haym Group is one of the most trusted teams in luxury real estate. Michael Bloom, Beth Bloom, and Melanie Bloom Haym have a solid reputation for honesty, integrity, hard work, and an unwavering dedication to meeting the needs of their clients. Together they offer extensive market knowledge, decades of experience, and the highest level of customer service to a very discerning clientele that includes numerous Fortune 500 executives as well as Private Equity and Hedge Fund managers. Specializing in country club communities, as well as new developments and estate homes in the Boca Raton, Delray Beach, and Highland Beach areas of South Florida, these long-term residents of St. Andrews Country Club have held the #1 market share in St. Andrews Country Club for the past eight years and have been ranked among the top 1 % of agents in Florida by Real Trends.

24

# ACTIVE

M I C H A E L B LO O M & M E L A N I E B LO O M H AYM B R O K E R A S S O C I AT E S


One of the most popular places in South Florida to raise a family or retire, the famous, amenity-rich gated communities of West Boca offer beautiful homes and access to top education in close proximity to the blossoming foodie culture, great shopping, and spectacular beaches of Boca Raton.

LUXURY CONDO / TOWNHOMES ET IEW LUXU RY S IN GLE-FA MILY HOMES M A RM KA E RT KO V EORVVE R I EVW S T. A N D R E W S C O U N T R Y C L U B S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

0 0 -% 5 10 +100.0% 8 10 +25.0%

$2,000,000 $5,000,000

2020 2021 % Change

4 19 +375.0%

8

2020 2021 % Change 2020 2021 % Change

0 3 -%

5

10

17 42 +147.1%

18

2.6

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

# ACTIVE

MSI*

0

-

0

0

5

3

2.5

AVG. SOLD PRICE

$$-% $704,533 $732,650 +4.0% $1,413,125 $1,538,333 +8.9% $2,760,000 $3,068,553 +11.2% $$5,993,333 -% $1,521,627 $2,356,960 +54.9%

T

he single-family home market in Saint Andrews saw impressive growt h in t he f irst half of 2021 when compared to t he f irst half of 2020, wit h 147% increase in t he number of sales. Average sales prices during t he same period increased nearly 55%, wit h signif icant gains at ever y price point. Wit h 2.6 mont hs’ supply of homes for sale and buyer demand t hat is projected to remain strong , prices should cont inue to increase in t he coming mont hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT MICH AEL & MEL ANIE BLOOM AT 561.212.2388 & 561.289.2036 T H E B L O O M H AY M G R O U P. E L L I M A N . C O M | M E L A N I E @ M I C H A E L- B L O O M . C O M 25


D E L R AY B E A C H , M A N A L A PA N & O C E A N R I D G E LU X U RY R E S I D E N C E S I N E XC E S S O F $ 1 M I L L I O N

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W D E L R AY B E AC H , M A N A L A PA N & O C E A N R I D G E S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

YEAR

# SOLD

$1,000,000 $2,000,000

2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

71 167 +135.2% 33 61 +84.8%

$4,000,000 $10,000,000

2020 2021 % Change

7 31 +342.9%

2020 2021 % Change 2020 2021 % Change

2 10 +400.0% 113 269 +138.1%

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

33

1.2

32

3.1

16

3.1

9

5.4

90

2

AVG. SOLD PRICE

$1,442,527 $1,452,674 +0.7% $2,641,802 $2,861,629 +8.3% $5,481,429 $5,926,796 +8.1% $13,649,550 $29,381,288 +115.3% $2,259,009 $3,326,021 +47.2%

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

With four decades of experience and over $1 Billion in career-closed sales, Pascal "Pat" Liguori is one of the most successful and respected real estate agents in South Florida. Consequently, for 2018, Pat achieved a ranking of #45 Agent in the Nation by The Wall Street Journal / REAL Trends, and one of the Top 200 in the Nation for 12 consecutive years ­‑ the only Broker Associate in his region to achieve these distinctions. A dedicated professional, he maintains close working relationships with effective and timely communication. All the while providing proven global target marketing, discreet personal service, and highly skilled negotiation.

T

h e s i n g l e -fa mi l y h o m e ma rket ove r $1 mi l l io n i n D e l ray B ea c h , Ma na l ap a n & O c ea n R id ge du ri n g t h e f i rst ha l f of 2021 p o sted s o m e of t h e st ro n gest nu mb e rs eve r w h e n c o mp a red to t h e sa m e p e rio d i n 2020. O ve ra l l sa l es i n c rea s ed 138.1% w hi l e ave ra ge sa l es p ric es i n c rea s ed n ea rl y 48%. Inve nto r y l eve l s a re ve r y l ow a n d buye r d e ma n d is p ro j ec ted to re ma i n st ro n g du ri n g t h e c o mi n g m o nt hs. B ot h fa c to rs s h oul d l ea d to c o nt i nu ed p ric e i n c rea s es t his su m m e r.

PA S C A L L I G U O R I B R O K E R A S S O C I AT E

FOR MARKET INFO, CONTACT PAT LIGUORI AT 561.320.3109 PA S C A L @ P R E M I E R E S TAT E P R O P E R T I E S . C O M

26


With its lively main street, inviting beach weather, thriving cultural scene, and title of “Most Fun Small Town in the USA,” Delray Beach is considered a premier destination for retirees and young professionals alike. Just to its north, situated along the Intracoastal Waterway and comprised of two separate areas contiguous only by water, the quiet luxury town of Manalapan houses breathtaking waterfront estates in a tranquil, secluded setting surrounded almost entirely by the sea.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W D E L R AY B E AC H , M A N A L A PA N & O C E A N R I D G E M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

YEAR

# SOLD

$1,000,000 $2,000,000

2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

19 45 +136.8% 6 17 +183.3%

$4,000,000 $10,000,000

2020 2021 % Change

0 1 -%

2020 2021 % Change 2020 2021 % Change

0 0 -% 25 63 +152.0%

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

10

1.3

4

1.4

2

12

0

-

16

1.5

AVG. SOLD PRICE

T

$$6,187,500 -%

here was a dramatic increase in condominium sales over $1 million in Delray, Manalapan & Ocean Ridge in the first half of 2021 when compared to the same period last year. The number of sales overall increased 152.1%, while average sales prices during the same period increased 11.4%.

$$-% $1,632,605 $1,819,436 +11.4%

Inventory levels are extremely low, suggesting that price increases will continue despite the typical slow-down in condominium sales in the summer.

$1,289,079 $1,466,900 +13.8% $2,720,439 $2,495,676 -8.3%

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Antonio Liguori, Broker Associate, the third generation of a legendary real estate family, was licensed even before entering college. Over the past 4 years alone he has participated in the successful closing of 132 transactions totaling over $588 million in million-dollar plus sales. Antonio has proven exceptionally skillful at true concierge service and artful negotiation. His in-depth technological skill has dramatically impacted the sales and marketing initiatives of the important properties he represents. Under his direction, the tracking of local market trends, effective utilization of social media, enhanced web optimization and advertising have all helped his clients maximize global reach.

ANTONIO LIGUORI B R O K E R A S S O C I AT E

FOR MARKET INFO, CONTACT ANTONIO LIGUORI AT 561.320.3109 PA S C A L @ P R E M I E R E S TAT E P R O P E R T I E S . C O M

27


B OY N T O N B E A C H C E N T R A L PA L M B E A C H C O U N T Y

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W B OY N TO N B E AC H S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

2020 2021 % Change

# SOLD 969 1402 +44.7% 8 38 +375.0% 0 2 -%

$4,000,000 +

2020 2021 % Change

0 0 -%

TOTALS

2020 2021 % Change

977 1442 +47.6%

Under $1,000,000 $1,000,000 $2,000,000 $2,000,000 $4,000,000

* Months' Supply of Inventory

YEAR 2020 2021 % Change 2020 2021 % Change

MSI*

AVG. SOLD PRICE

$347,062 $412,469 +18.8% $1,277,614 $1,284,689 +0.6% $$3,025,000 -%

55

0.2

6

0.9

3

9

2

-

$$-%

0.3

$354,682 $439,078 +23.8%

66

T

he single-family home market in Boynton Beach displayed significant growth in the first half of 2021 when compared to the same period in 2020, with a 47.6% year-overyear increase in number of sales and 23.8% increase in average sale price in the same period. The less than a month’s supply of homes for sale indicates that prices are likely to continue to increase significantly in the coming months.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Raised in Highland Beach and Delray Beach, Evan Musa is a true insider to South Florida waterfront real estate. Through the study of economics at Loyola Marymount in Los Angeles and coursework in real estate at New York University, Evan has a unique ability to analyze and interpret market trends. Evan’s deep understanding of Luxury Markets has led to great success representing high-net worth clients in 2021. He has successfully participated in selling luxury homes for up to $24 million. Presently, Evan is representing the owner of a $60 million property in the area.

28

# ACTIVE

EVA N MU S A R E A LT O R


Known as the Gateway to the Gulfstream, Boynton Beach’s old Florida charm, with cozy restaurants and unique boutiques, make it highly desirable for buyers considering a move to Florida.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W B OY N TO N B E AC H M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$2,000,000 +

2020 2021 % Change

# SOLD 803 1318 +64.1% 2 3 +50.0% 0 0 -%

TOTALS

2020 2021 % Change

805 1321 +64.1%

Under $1,000,000 $1,000,000 $2,000,000

* Months' Supply of Inventory

YEAR 2020 2021 % Change 2020 2021 % Change

# ACTIVE

MSI*

96

0.4

0

0

2

-

98

0.4

AVG. SOLD PRICE

$194,961 $211,626 +8.5% $1,050,000 $1,170,000 +11.4% $$-% $197,085 $213,802 +8.5%

T

he multi-family home market in Boynton Beach posted significant growth in the first half of 2021 when compared to the same period in 2020, with sales activity up 64.1% and average prices increasing 8.5%. With low inventory and projected continued demand, increases are expected to continue through the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT EVAN MUS A AT 561-926-2742

E VA N @ P R E M I E R E S TAT E P R O P E R T I E S . C O M

29


EQUESTRIAN COMMUNITIES WELLINGTON

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W W E L L I N GTO N S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

# SOLD 277 226 -18.4% 117 301 +157.3%

$1,000,000 $2,000,000

2020 2021 % Change

24 59 +145.8%

21

$2,000,000 $5,000,000

2020 2021 % Change

12 36 +200.0%

33

2020 2021 % Change 2020 2021 % Change

2 20 +900.0% 432 642 +48.6%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

6

0.2

29

0.6

AVG. SOLD PRICE

$386,171 $416,683 +7.9% $634,006 $658,536 +3.9%

2.1

$1,322,008 $1,355,307 +2.5%

5.5

$3,255,958 $2,911,242 -10.6%

23

6.9

112

1

$14,337,955 $8,974,975 -37.4% $649,592 $1,022,830 +57.5%

S

i n g l e -fa mi l y h o m e sa l es i n c rea s ed by a n i mp ress ive 48.6% du ri n g t h e f i rst ha l f of 2021 c o mp a red to t h e sa m e p e rio d i n 2020, w hi l e ave ra ge sa l e p ric e i n c rea s ed 57.5%. Th e p ric e i n c rea s e wa s du e i n l a rge p a rt to a d ra mat ic i n c rea s e i n t h e nu mb e r of sa l es ove r $500,000. Inve nto r y is l ow at eve r y p ric e p o i nt , i n d icat i n g t hat p ric es w i l l c o nt i nu e to i n c rea s e i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

MARIA MENDELSOHN B R O K E R A S S O C I AT E

30


Famous for its equestrian community and the numerous equestrian events it hosts, including the world-renowned Winter Equestrian Festival, Wellington is known too as a vibrant, family-friendly town with top-rated schools and has ranked numerous times among America’s best places to live.

EQU EST RI A N O V E R V I E W

As a lifelong equestrian with a background in International Finance, Maria brings a wealth of knowledge and experience to the Equestrian Real Estate Market. High profile industry leaders and world-class equestrians from across the globe turn to Maria for her expert guidance and professionalism. She fully appreciates the value of building relationships with her clients, which are based on mutual trust and understanding. Equally as important, she recognizes the importance of discretion, diplomacy and protection in her commitment to her clients.

FOR MARKET INFO, CONTACT MARI A MENDELSOHN AT 561.758.1605 M A R I A @ M A R I A M E N D E L S O H N .C O M 31


PA L M B E A C H I S L A N D PA L M B E A C H , S O U T H PA L M B E A C H

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W PALM BEACH ISLAND SINGLE-FAMILY HOMES M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

# SOLD 0 0 2 2 0.0% 19 12 -36.8%

$4,000,000 $10,000,000

2020 2021 % Change

26 62 +138.5%

2020 2021 % Change 2020 2021 % Change

18 31 72.2%

12

2.3

65 107 +64.6%

23

1.3

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE 0

-

0

0

1

0.5

10

1

AVG. SOLD PRICE

$$-% $1,775,000 $1,700,000 -4.2% $2,728,463 $3,264,500 +19.6% $6,503,409 $6,574,071 +1.1%

T

he first half of 2021 was a strong period for the single-family home market on Palm Beach Island, with number of sales increasing over 64% and average sales prices increasing nearly 32% when compared to the same period in 2020. With buyer demand expected to remain strong in the coming months, and extremely low inventory levels, price increases are expected to continue.

$16,813,890 $22,354,758 +33.0% $8,109,684 $10,683,775 +31.7%

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Honesty, integrity, transparency and unparalleled standards are just some of the qualities that describe Dana Koch. Specializing in selling luxury residences, his knowledge of the Palm Beach residential real estate market has consistently earned him Corcoran’s highest honors and recognition. In his sixteen-year career, Dana has sold over $1 billion worth of real estate and has cultivated a reputation for providing exceptional services to Buyers and Sellers. Dana is a member of Corcoran’s President’s Council and ranks among the top 1% of real estate agents nationwide according to Corcoran’s parent company, NRT LLC, the largest residential real estate brokerage holding firm in America.

32

MSI*

D A N A KO C H S A L E S A S S O C I AT E


With its legendary resorts, exquisite mansions, historic estates, and high-class shopping , Palm Beach Island is considered one of the most luxurious, pristine cities in the world . It attracts high net worth buyers from around the globe.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W PALM BEACH ISLAND MULTI-FAMILY HOMES M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

AVG. SOLD PRICE

19

0.6

$521,770 $539,843 +3.5%

8

0.5

10

0.9

$1,000,000 $2,000,000 $2,000,000 $4,000,000

2020 2021 % Change

83 179 +115.7% 30 99 +230.0% 15 67 +346.7%

$4,000,000 $10,000,000

2020 2021 % Change

8 17 +112.5%

7

2.5

2020 2021 % Change 2020 2021 % Change

0 0 -%

3

-

136 362 +166.2%

47

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

MSI*

YEAR 2020 2021 % Change 2020 2021 % Change

# ACTIVE

0.8

$1,421,987 $1,403,456 -1.3% $2,873,273 $2,755,976 -4.1% $6,169,809 $5,777,500 -6.4% $$-% $1,311,942 $1,432,160 +9.2%

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

T

he rate of growth of sales activity in the multi-family home market on Palm Beach Island in the first half of 2021 was staggering, with 166% yearover- year increase in number of sales. Average sale prices also showed a 9.2% increase when compared to the 2020 Season. The increase in the overall average price was likely due to the increase in number of sales at higher price points, despite the fact that nearly all price points experienced a decrease in the average sales price. With extremely low Inventory in every price point, average prices should continue to rise especially if buyer demand remains strong.

FOR MARKET INFO, CONTACT DANA KOCH AT 561.379.7718

D A N A . KO C H @ C O R C O R A N .C O M

33


W E S T PA L M B E A C H DOWNTOWN & SURROUNDING AREAS

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W W E ST PA L M B E AC H S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

# SOLD 775 887 +14.5% 105 272 +159.0% 34 92 +170.6%

$2,000,000 $5,000,000

2020 2021 % Change

8 49 +512.5%

2020 2021 % Change 2020 2021 % Change

0 4 -%

4

6

$$7,966,750 -%

922 1304 +41.4%

176

0.8

$398,891 $592,449 +48.5%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

MSI*

$294,093 $324,533 +10.4% $665,229 $684,073 +2.8% $1,416,582 $1,370,268 -3.3%

78

0.5

49

1.1

26

1.7

19

2.3

$2,730,316 $2,871,290 +5.2%

T

he first half of 2021 was an extremely strong period for West Palm Beach. The number of sales increased 41% year-over-year, with growth most notable at price points above $500,000. Average sales prices in the same period increased over 48%. With inventory levels extremely low, price increases are expected to continue in the coming months.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Tina Anderson’s warm personality, two decades of experience and in-depth knowledge of the Florida market attract traditional and high-end homebuyers and sellers alike. After receiving a degree in Business Administration, Tina began her real estate career in North Carolina with her father, a land developer, before moving to Florida. On her first luxury condominium project, the Meridian in Boca Raton, Tina was the top salesperson, with client after client declaring that it was Tina’s loyalty, honesty, and integrity that won them over. Tina lives and works primarily in the Palm Beaches and manages a team that serves all of South Florida.

34

# ACTIVE

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

TINA ANDER SON R E A LT O R


Full of world-class opportunities for shopping, dining, entertainment, and outdoor recreation on the waterfront to the east and in the Everglades to the west, West Palm Beach offers a vibrant place to live in the heart of the Palm Beaches at a large range of price points for a variety of lifestyles.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W W E ST PA L M B E AC H M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

# SOLD 1063 1811 +70.4% 25 81 +224.0% 7 32 +357.1%

$2,000,000 $5,000,000

2020 2021 % Change

1 8 +700.0%

2020 2021 % Change 2020 2021 % Change

7 14 +100.0%

2

0.9

$7,374,316 $8,733,531 +18.0%

1103 1946 +76.4%

259

0.8

$216,024 $293,158 +35.7%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

$148,851 $180,743 +21.4% $672,694 $651,802 -3.1% $1,365,714 $1,309,641 -4.1%

224

0.7

15

1.1

13

2.4

5

3.8

$2,049,000 $3,273,125 +59.7%

T

he multi-family home market in West Palm Beach saw impressive growth during the first half of 2021 when compared to the same period last year. The number of sales increased over 76% year-over-year and average sales prices increased nearly 36% in the same period, with price growth most notable at price points above $2 million. With extremely low inventory levels, price appreciation is projected to continue in the coming months despite the typical slowdown in condominium sales during the summer months.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT T INA ANDER SON AT 561.379.8220

TA N D E R S O N @ O N E S O T H E B Y S R E A LT Y. C O M

35


PA L M B E A C H G A R D E N S

N O R T H PA L M B E A C H C O U N T Y

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W PA L M B E AC H G A R D E N S S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

# SOLD 239 225 -5.9% 152 330 +117.1% 51 152 +198.0%

$2,000,000 $5,000,000

2020 2021 % Change

27 78 +188.9%

2020 2021 % Change 2020 2021 % Change

1 20 +1900.0%

8

2.4

$5,500,000 $7,999,540 +45.4%

470 805 +71.3%

110

0.8

$735,316 $1,162,376 +58.1%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

MSI*

15

0.4

33

0.6

32

1.3

22

1.7

$370,335 $387,407 +4.6% $673,093 $706,930 +5.0% $1,358,574 $1,389,930 +2.3% $2,962,626 $3,128,194 +5.6%

T

he first half of 2021 was an exceptionally strong period for the single-family home market in Palm Beach Gardens. Sales volume increased 71% year-over-year, with the most notable increases at price points over $1 million, and average sales prices increased 58% with increases at every price point. Extremely low inventory levels indicate continued price appreciation in the coming months.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Tina Anderson’s warm personality, two decades of experience and indepth knowledge of the Florida market attract traditional and highend homebuyers and sellers alike. After receiving a degree in Business Administration, Tina began her real estate career in North Carolina with her father, a land developer, before moving to Florida. On her first luxury condominium project, the Meridian in Boca Raton, Tina was the top salesperson, with client after client declaring that it was Tina’s loyalty, honesty, and integrity that won them over. Tina lives and works primarily in the Palm Beaches and manages a team that serves all of South Florida.

36

# ACTIVE

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

TINA ANDER SON R E A LT O R


The official home of the PGA, Palm Beach Gardens is best known for its award-winning golf courses and high-end golf clubs and also offers a wealth of opportunities for luxury shopping, arts and culture, and outdoor recreation.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W PA L M B E AC H G A R D E N S M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 368 491 +33.4% 16 69 +331.3% 3 5 +66.7%

$2,000,000 $5,000,000

2020 2021 % Change

2 4 +100.0%

2020 2021 % Change 2020 2021 % Change

0 0 -% 389 569 +46.3%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

43

0.5

10

0.9

2

2.4

AVG. SOLD PRICE

$257,598 $286,757 +11.3% $654,619 $591,373 -9.7% $1,241,667 $1,335,000 +7.5%

3

$2,631,250 $2,926,000 +11.2%

0

-

$$-%

57

0.6

$293,721 $351,462 +19.7%

2

T

he multi-family home market in Palm Beach Gardens posted significant growth in the first half of 2021, with approximately 46% year-over-year increase in number of sales and nearly 20% increase in average sales prices. With inventory levels near record lows, price appreciation is expected to continue in the coming months despite the typical slowdown in condominium demand during the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT T INA ANDER SON AT 561.379.8220

TA N D E R S O N @ O N E S O T H E B Y S R E A LT Y. C O M

37


LOST TREE N O R T H PA L M B E A C H C O U N T Y

Nestled between the Intracoastal Waterway and the Atlantic, featuring a Nicklaus modified golf course, the exclusive, amenityrich community of Lost Tree Village provides private, peaceful living for ultra-high-net-worth buyers from around North America.

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W LO ST T R E E S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

0 0 -% 2 3 +50.0%

$2,000,000 $4,000,000

2020 2021 % Change

$4,000,000 $10,000,000

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

# ACTIVE

AVG. SOLD PRICE

$$-% $1,212,500 $1,282,333 +5.8%

0

-

0

0

4 12 +200.0%

1

0.5

$3,093,750 $3,105,000 +0.4%

2020 2021 % Change

6 15 +150.0%

0

0

$6,524,167 $6,413,000 -1.7%

2020 2021 % Change 2020 2021 % Change

2 1 -50.0% 14 31 +121.4%

3

18

$18,975,000 $23,750,000 +25.2%

4

0.8

$6,563,929 $5,195,000 -20.9%

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

R E B A C K R E A LT Y P R O F E S S I O N A L R E A LT O R S

38

MSI*

T

he number of sales of single-family homes in Lost Tree more than doubled during the first half of 2021 when compared to the same period last year. Average sales prices in the same period decreased approximately 20% due to the decrease in number of properties sold over $10 million – average prices in fact increased at most price points. With less than one month’s supply of inventory and projected strong continued buyer demand, price increases are expected in the coming months.


O L D PA L M & SEMINOLE

N O R T H PA L M B E A C H C O U N T Y

Home to two of the most exclusive golf clubs in Florida, the ultraluxury communities of Old Palm and Seminole feature a variety of elegant estates in a lush tropical setting alongside golf courses consistently ranked in the top 100 in the United States.

LUXURY CONDO / TOWNHOMES ET IEW LUXU RY S IN GLE-FA MILY HOMES M A RM KA E RT KO V EORVVE R I EVW O L D PA L M /S E M I N O L E S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

0 0 -% 6 8 +33.3% 5 14 +180.0%

$4,000,000 $10,000,000

2020 2021 % Change

5 25 +400.0%

0

2020 2021 % Change 2020 2021 % Change

0 8 -%

3

2.3

16 55 +243.8%

3

0.3

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

# ACTIVE

MSI*

0

-

0

0

0

0

0

AVG. SOLD PRICE

$$-% $1,417,500 $1,557,625 +9.9% $2,500,000 $2,752,857 +10.1% $5,510,000 $5,792,032 +5.1% $$28,954,038 -% $3,034,688 $7,771,529 +156.1%

T

h e s i n g l e -fa mi l y h o m e ma rkets i n t h e c o m mu nit ies of O l d Pa l m & S e mi n o l e e xp e rie n c ed stu n ni n g g rowt h i n t h e f i rst ha l f of 2021, w it h ove r 243% yea r- ove r-yea r i n c rea s e i n nu mb e r of sa l es. Ave ra ge sa l es p ric es i n t h e sa m e p e rio d i n c rea s ed 156%, w it h s i g nif ica nt g rowt h at eve r y p ric e p o i nt . W it h st ro n g buye r d e ma n d e xp ec ted to c o nt i nu e, a n d e xt re m e l y l ow i nve nto r y l eve l s , p ric e i n c rea s es a re e xp ec ted to c o nt i nu e i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Longtime residents of North Palm Beach, with a 46-year resume of success selling and marketing luxury homes particularly in Lost Tree Village and Seminole, the Reback Team - pictured from left to right: Krissy Reback, John Reback, David Reback, Paul Reback, Sheri Reback, and Laura Reback Bennett - is a top choice for anyone navigating the luxury real estate market in this area. Their significant real estate experience and “nearly native” local expertise, combined with a tireless work ethic and true devotion to their clients’ best interests, have made them an incomparable asset for those selling their own properties, searching for their dream home in the North Palm Beach Area, or looking for advice on the best real estate investments. The team takes each purchase and considers it as their own, striving not only to meet their clients’ needs, but to exceed their goals.

FOR MARKET INFO, CONTACT DAVID REB ACK AT 561.627.0066 R E B A C K . D AV I D @ G M A I L . C O M

39


SINGER ISLAND N O R T H PA L M B E A C H C O U N T Y

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W S I N G E R I S L A N D S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

AVG. SOLD PRICE

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 1 1 0.0% 10 11 +10.0% 4 4 0.0%

$2,000,000 $5,000,000

2020 2021 % Change

1 3 +200.0%

2020 2021 % Change 2020 2021 % Change

0 0 -%

0

-

$$-%

16 19 +18.8%

3

0.9

$920,491 $1,300,104 +41.2%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

0

0

2

1.1

1

1.5

0

0

$2,121,853 $3,553,500 +67.5%

$450,000 $435,000 -3.3% $633,100 $744,771 +17.6% $1,456,250 $1,353,500 -7.1%

T

h e nu mb e r of sa l es of s i n g l e -fa mi l y h o m es o n S i n ge r Is l a n d i n c rea s ed n ea rl y 19% i n t h e f i rst ha l f of 2021 w h e n c o mp a red to t h e sa m e p e rio d a yea r ea rl ie r. Ave ra ge sa l es p ric es i n c rea s ed ap p rox i mate l y 41% i n t h e sa m e p e rio d , du e l a rge l y to s i g nif ica nt p ric e ap p rec iat io n at t h e $500,000-$1 mi l l io n a n d $2 mi l l io n - $5 mi l l io n p ric e p o i nts. W it h l ess t ha n a m o nt h’s sup p l y of i nve nto r y, p ric e ap p rec iat io n is e xp ec ted to c o nt i nu e i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

With 20 years of experience in the luxury real estate market in Palm Beach County, Meike has established herself as the most successful real estate agent for residential homes on Singer Island and in the surrounding area. Leveraging her in-depth market knowledge, coupled with her passion for helping others, Meike has created one of Palm Beach County's top real estate teams, which has closed over $130,000,000.00 in the first half of 2021 alone. Ranked #22 for small real estate teams in the state of Florida by "Real Trends Magazine," Meike's range of experience and the effectiveness of her customer-oriented approach to real estate are apparent.

M E I K E M A CG R EG O R R E A LT O R ®

Meike is f luent in both English and German, and she enjoys working with local, national, and international clients.

FOR MARKET INFO, CONTACT MEIKE MACGREGOR AT 561.818.1168 | M E I K E @ C O M PA S S . C O M 40


Full of luxurious homes and resorts, lined with pristine beaches, and dotted with marinas and restaurants, in close proximity to the Palm Beaches to the south, the peninsula of Singer Island is a top South Florida destination for vacationers and residents alike.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W S I N G E R I S L A N D M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

AVG. SOLD PRICE

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 29 61 +110.3% 34 73 +114.7% 14 21 +50.0%

$2,000,000 $5,000,000

2020 2021 % Change

29 30 +3.4%

2020 2021 % Change 2020 2021 % Change

2 5 +150%

2

2.4

$6,405,554 $6,260,000 -2.0%

108 190 +75.9%

22

0.7

$1,424,508 $1,231,963 -13.5%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

4

0.4

4

0.3

10

2.9

2

0.4

$2,975,482 $3,280,606 +10.3%

$372,334 $372,742 +0.1% $717,868 $732,541 +2.0% $1,395,825 $1,340,095 -4.0%

T

he number of sales of multi-family homes on Singer Island increased nearly 76% during the first half of 2021 when compared to the first half of 2020. However, average sales prices decreased approximately 13%, due largely to slower sales volume growth at higher price points compared to lower ones. With low inventory levels at every price point, price appreciation is expected in the coming months.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

With a legendary reputation on Singer Island and in the surrounding areas, John has sold over 750 condominiums in the past decade alone. He is ranked in the top three real estate professionals in Northern Palm Beach County and is ranked #22 in RealTrends Florida’s small real estate teams.

JOHN NUGENT R E A LT O R ®

Specializing in luxury oceanfront condominiums, John has sold more condos on Singer Island than any other agent each year for the past 22 years. He possesses unequaled knowledge of the personalities, lifestyles, scenic views, amenities and cultures of each individual building. This deep familiarity with the area’s real estate, combined with his in-depth market knowledge, decades of real estate success and commitment to providing personal attention to each of his clients have made him one of the most sought-after real estate agents in Northern Palm Beach County.

FOR MARKET INFO, CONTACT J OHN NUGENT AT 561.301.3371 | N U G E N T@ C O M PA S S . C O M 41


JUNO BEACH N O R T H PA L M B E A C H C O U N T Y

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W J U N O B E AC H S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

AVG. SOLD PRICE

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 3 2 -33.3% 9 4 -55.6% 2 11 +450.0%

$2,000,000 $5,000,000

2020 2021 % Change

2 6 +200.0%

2020 2021 % Change 2020 2021 % Change

0 0 -%

0

-

$$-%

16 23 +43.8%

1

0.3

$937,063 $1,527,565 +63.0%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

0

0

0

0

0

0

1

1

$2,787,500 $2,419,833 -13.2%

$216,333 $301,500 +39.4% $669,889 $750,500 +12.0% $1,370,000 $1,546,364 +12.9%

T

h e s i n g l e -fa mi l y h o m e ma rket i n Ju n o B ea c h p o sted s i g nif ica nt g rowt h i n t h e f i rst ha l f of 2021 w it h a 43.8% yea r- ove r-yea r i n c rea s e i n nu mb e r of sa l es. Th e 63% i n c rea s e i n ave ra ge sa l es p ric es wa s a result of t h e i n c rea s e i n sa l es vo lu m e ove r $1 mi l l io n . W it h e xt re m e l y l ow i nve nto r y l eve l s , p ric e ap p rec iat io n is e xp ec ted to c o nt i nu e i n t his ma rket .

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

M E I K E M A CG R EG O R R E A LT O R ®

FOR MARKET INFO, CONTACT MEIKE MACGREGOR AT 561.818.1168 | M E I K E @ C O M PA S S . C O M 42


Flanked by the Intracoastal Waterway to one side and the Atlantic Ocean to the other, Juno Beach is a laid-back barrier island hub for fishing, surfing, recreation and wildlife conservation.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W J U N O B E AC H M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

AVG. SOLD PRICE

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 26 63 +142.3% 12 39 +225.0% 7 15 +114.3%

$2,000,000 $5,000,000

2020 2021 % Change

2 2 0.0%

2020 2021 % Change 2020 2021 % Change

0 0 -%

0

-

$$-%

47 119 +153.2%

12

0.6

$693,362 $655,365 -5.5%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

9

0.9

1

0.2

2

0.8

0

0

$2,400,000 $2,300,000 -4.2%

$325,827 $347,154 +6.5% $686,875 $677,633 -1.3% $1,582,000 $1,672,667 +5.7%

T

he number of sales of multi-family homes in Juno Beach increased 153% in the first half of 2021 when compared to the first half of 2020. However, average sales prices in the same period decreased approximately 5%. With less than a month’s supply of inventory, prices are expected to appreciate in the coming months despite the typical slowdown in condominium sales in the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

JOHN NUGENT R E A LT O R ®

FOR MARKET INFO, CONTACT J OHN NUGENT AT 561.301.3371 | N U G E N T@ C O M PA S S . C O M 43


J U P I T E R / T E Q U E S TA N O R T H PA L M B E A C H C O U N T Y

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W J U P I T E R / T E Q U E STA S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

AVG. SOLD PRICE

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 248 201 -19.0% 283 377 +33.2% 57 120 +110.5%

$2,000,000 $5,000,000

2020 2021 % Change

32 86 +168.8%

2020 2021 % Change 2020 2021 % Change

14 40 +185.7%

21

3.2

$8,847,429 $8,795,091 -0.6%

634 824 +30.0%

119

0.9

$924,035 $1,354,603 +46.6%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

14

0.4

40

0.6

24

1.2

20

1.4

$3,231,708 $2,952,744 -8.6%

$371,414 $397,132 +6.9% $659,027 $702,554 +6.6% $1,402,534 $1,381,391 -1.5%

T

h e s i n g l e -fa mi l y h o m e ma rket i n Jup ite r & Tequ esta p o sted st ro n g g rowt h i n t h e f i rst ha l f of 2021, w it h 30% yea r- ove r-yea r i n c rea s e i n nu mb e r of sa l es. Th e 46.6% i n c rea s e i n ave ra ge sa l es p ric es wa s a result of t h e d ra mat ic i n c rea s e i n nu mb e r of p ro p e rt ies s o l d ove r $1 mi l l io n . W it h l ess t ha n a m o nt h’s sup p l y of i nve nto r y a n d p ro j ec ted st ro n g buye r d e ma n d , p ric es a re e xp ec ted to c o nt i nu e ap p rec iat i n g i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

With 20 years of experience in the luxury real estate market in Palm Beach County, Meike has established herself as the most successful real estate agent for residential homes on Singer Island and in the surrounding area. Leveraging her in-depth market knowledge, coupled with her passion for helping others, Meike has created one of Palm Beach County's top real estate teams, which has closed over $130,000,000.00 in the first half of 2021 alone. Ranked #22 for small real estate teams in the state of Florida by "Real Trends Magazine," Meike's range of experience and the effectiveness of her customer-oriented approach to real estate are apparent.

M E I K E M A CG R EG O R R E A LT O R ®

Meike is f luent in both English and German, and she enjoys working with local, national, and international clients.

FOR MARKET INFO, CONTACT MEIKE MACGREGOR AT 561.818.1168 | M E I K E @ C O M PA S S . C O M 44


Named in the Top 10 Happiest Seaside Towns by Coastal Living Magazine, these charming small towns on the coast of Palm Beach County are home to beautiful beaches, bustling parks, and the spring-training stadium for the Florida Marlins and St. Louis Cardinals.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W J U P I T E R / T E Q U E STA M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

AVG. SOLD PRICE

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 419 629 +50.1% 58 163 +181.0% 15 45 +200.0%

$2,000,000 $5,000,000

2020 2021 % Change

3 10 +233.3%

2020 2021 % Change 2020 2021 % Change

0 0 -%

0

-

$$-%

495 847 +71.1%

62

0.4

$373,692 $456,536 +22.2%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

42

0.4

15

0.6

2

0.3

3

1.8

$2,300,000 $2,564,000 +11.5%

$282,947 $308,838 +9.2% $671,567 $654,528 -2.5% $1,371,467 $1,335,544 -2.6%

T

he number of condominium sales in Jupiter & Tequesta increased approximately 71% during the first half of 2021 when compared to the same period a year earlier, while average sales prices in the same period increased approximately 22% as a result of significantly more properties sold above the $500,000 price point. With inventory levels near record lows, price appreciation is expected to continue in the coming months despite the typical slowdown in condominium sales during the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

With a legendary reputation on Singer Island and in the surrounding areas, John has sold over 750 condominiums in the past decade alone. He is ranked in the top three real estate professionals in Northern Palm Beach County and is ranked #22 in RealTrends Florida’s small real estate teams.

JOHN NUGENT R E A LT O R ®

Specializing in luxury oceanfront condominiums, John has sold more condos on Singer Island than any other agent each year for the past 22 years. He possesses unequaled knowledge of the personalities, lifestyles, scenic views, amenities and cultures of each individual building. This deep familiarity with the area’s real estate, combined with his in-depth market knowledge, decades of real estate success and commitment to providing personal attention to each of his clients have made him one of the most sought-after real estate agents in Northern Palm Beach County.

FOR MARKET INFO, CONTACT J OHN NUGENT AT 561.301.3371 | N U G E N T@ C O M PA S S . C O M 45


JUPITER ISLAND MARTIN COUNTY

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W J U P I T E R I S L A N D S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000 $2,000,000 $4,000,000

2020 2021 % Change

# SOLD 1 0 -100.0% 8 2 -75.0% 9 6 -33.3%

$4,000,000 $10,000,000

2020 2021 % Change

7 11 +57.1%

2020 2021 % Change 2020 2021 % Change

3 11 +266.7%

4

2.2

$14,666,667 $25,062,273 +70.9%

28 30 +7.1%

9

1.8

$4,445,577 $12,619,800 +183.9%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE 0

-

0

0

3

3

2

1.1

$900,000 $-% $1,497,013 $1,925,000 +28.6% $3,050,000 $3,291,500 +7.9% $5,735,721 $7,210,000 +25.7%

T

he single-family home market on Jupiter Island posted exceptionally strong growth in the first half of 2021 when compared to the same period last year. The number of sales increased just over 7%, while average sales prices increased almost 184% as a result of the dramatic increase in sales over $4 million. Inventory levels are very low, indicating that price growth will continue through the summer months.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

The highly competitive South Florida real estate market demands expertise at the highest level, without margin for error. This is exactly the service that Tina Anderson and her team of professionals provide, with 20 combined years of experience, a unique understanding of market trends, and an ability to provide true concierge service. Tina has been in the real estate business all her life, as her father was a developer. She is also a graduate of the New York Institute of Art & Design with a staging certification, and excels particularly at preparing homes for market and negotiating. Her team provides service across cultural barriers and in several languages, including English, Spanish, French, Swedish, & German, and is known for building long-term relationships that last long after the real estate transaction is complete.

46

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

TINA ANDER SON R E A LT O R


A private sanctuary for ultra-high-net-worth buyers, Jupiter Island is a 17-mile-long tropical haven of luxurious estates framed by the Intracoastal Waterway to one side and the Atlantic Ocean to the other.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W J U P I T E R I S L A N D M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000 $2,000,000 $4,000,000

2020 2021 % Change

# SOLD 7 16 +128.6% 3 11 +266.7% 1 5 +400.0%

$4,000,000 $10,000,000

2020 2021 % Change

0 0 -%

2020 2021 % Change 2020 2021 % Change

0 0 -%

0

-

$$-%

11 32 +190.9%

0

0

$1,062,409 $1,132,547 +6.6%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

$676,643 $592,844 -12.4% $1,483,333 $1,258,727 -15.1% $2,500,000 $2,582,000 +3.3%

0

0

0

0

0

0

0

-

$$-%

T

he number of sales of multi-family homes on Jupiter Island nearly tripled in the first half of 2021 compared to the same period last year. Average sales prices in the same period increased a modest but significant 6.6%. With no homes for sale, prices are projected to increase in the coming months despite the typical summer slowdown in condominium sales.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT T INA ANDER SON AT 561.379.8220

TA N D E R S O N @ O N E S O T H E B Y S R E A LT Y. C O M

47


SAILFISH POINT MARTIN COUNTY

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W S A I L F I S H P O I N T S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

AVG. SOLD PRICE

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 0 0 -% 2 0 -100.0% 6 4 -33.3%

$2,000,000 $5,000,000

2020 2021 % Change

6 11 +83.3%

2020 2021 % Change 2020 2021 % Change

3 5 +66.7%

2

2.4

$8,533,333 $6,758,000 -20.8%

17 20 +17.6%

2

0.6

$3,409,000 $3,835,375 +12.5%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

0

-

0

-

0

0

0

0

$3,261,667 $3,253,864 -0.2%

$$-% $900,000 $-% $1,830,500 $1,781,250 -2.7%

T

h e s i n g l e -fa mi l y h o m e ma rket o n Sa i l f is h Po i nt p o sted st ro n g g rowt h i n t h e f i rst ha l f of 2021 w h e n c o mp a red to t h e sa m e p e rio d l a st yea r. Th e nu mb e r of sa l es i n c rea s ed ove r 17%, w hi l e ave ra ge sa l es p ric es i n c rea s ed 12.5% a s a result of t h e d ra mat ic i n c rea s e i n sa l es ove r $2 mi l l io n .   Inve nto r y  l eve l s a re e xt re m e l y l ow, i n d icat i n g t hat p ric e g rowt h w i l l c o nt i nu e t h rou g h t h e su m m e r m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

sailfish point Hutchinson Island, Florida

FOR MARKET INFO, CONTACT KRIST EN CHES KAT Y AT 772.225.6200

K . C H E S K AT Y@ S A I L F I S H P O I N T. C O M

48


Surrounded on nearly every side by water, the luxury community of Sailfish Point offers the experience of, as some have put it, “living on your own Caribbean island.”

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W S A I L F I S H P O I N T M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

AVG. SOLD PRICE

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 2 0 -100.0% 11 11 +0.0% 7 12 +71.4%

$2,000,000 $5,000,000

2020 2021 % Change

2 8 +300.0%

2020 2021 % Change 2020 2021 % Change

0 0 -%

0

-

$$-%

22 31 +40.9%

0

0

$1,127,490 $1,544,358 +37.0%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

0

-

0

0

0

0

0

0

$2,400,000 $2,526,875 +5.3%

$440,000 $-% $836,798 $834,000 -0.3% $1,417,143 $1,540,508 +8.7%

T

he number of sales of multi-family homes on Sailfish Point increased over 40% in the first half of 2021 compared to the same period last year. Average sales prices in the same period increased 37%, partly as a result of the increase in number of sales over $1 million. With no homes currently for sale, prices are projected to increase in the coming months despite the typical summer slowdown in condominium sales.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

THE POINT IS... Surrounded by water, 10 minutes to private airport, 45 minutes to the Palm Beaches, 60 miles to the Bahamas. Nicklaus Signature Golf • Oceanfront Country Club Helipad • Fitness Complex • Spa/Salon Private Yacht Club and Marina

The Sailfish Point Club is a private facility. Sailfish Point Realty is a licensed Real Estate Broker. Equal Housing Opportunity.

FOR MARKET INFO, CONTACT KRIST EN CHES KAT Y AT 772.225.6200

K . C H E S K AT Y@ S A I L F I S H P O I N T. C O M 49


STUART & HOBE SOUND MARTIN COUNTY

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W ST UA R T & H O B E S O U N D S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

# SOLD 510 616 +20.8% 170 279 +64.1% 32 78 +143.8%

$2,000,000 $5,000,000

2020 2021 % Change

30 67 +123.3%

2020 2021 % Change 2020 2021 % Change

14 26 +85.7%

11

2.5

$8,421,429 $14,787,885 +75.6%

756 1066 +41.0%

133

0.7

$672,864 $1,013,796 +50.7%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

55

0.5

42

0.9

15

1.2

10

0.9

$2,910,752 $3,022,828 +3.9%

$292,293 $306,259 +4.8% $640,852 $678,884 +5.9% $1,402,266 $1,482,408 +4.4%

S

i n g l e -fa mi l y h o m e sa l es i n Stua rt & Hob e S ou n d i n t h e f i rst ha l f of 2021 p o sted i mp ress ive yea r- ove ryea r i n c rea s es i n b ot h nu mb e r of sa l es a n d ave ra ge sa l e p ric e. Sa l es vo lu m e i n c rea s ed 41%, w hi l e ave ra ge sa l es p ric es i n c rea s ed ove r 50%, w it h g rowt h o c c u rri n g at eve r y p ric e p o i nt . W it h l ess t ha n a m o nt h’s sup p l y of h o m es fo r sa l e, c o nt i nu ed p ric e ap p rec iat io n is l i ke l y i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Dr. Blaine “Doc” Ellingson derives his moniker from his previous highly successful career as a physician. As a retired clinician, Doc is known for his commitment to maintaining privacy, discretion, and confidentiality for his aff luent real estate clients. As a top-producing real estate advisor, Doc specializes in luxury properties. Doc is known for innovative and sophisticated marketing, being designated as a Certified Luxury Home Marketing Specialist by the Institute of Luxury Home Marketing. Most notably, Doc has a global perspective and far-reaching international contacts. He has been designated a Certified International Property Specialist and a Certified International Investment Immigration Specialist and is a member of the International Real Estate Federation, and often attends and presents at international real estate conferences and symposiums.

50

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

DOC ELLINGSON R E A L E S TAT E P R O F E S S I O N A L


Known as the “Sailfish Capital of the World” for the abundance of the fish off its coast, Stuart is more than just an angler’s paradise. With rankings like “America’s Most Beautiful Small Town” and “America’s Happiest Seaside Town,” Stuart and its pristine streets, picturesque views, and abundance of activities offer small-town charm in a spectacular tropical setting. Just to the north, Hobe Sound offers pristine beaches, championship golf courses, and a wealth of opportunities for outdoor recreation.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W ST UA R T & H O B E S O U N D M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 496 791 +59.5% 25 36 +44.0% 8 19 +137.5%

$2,000,000 $5,000,000

2020 2021 % Change

2 9 +350.0%

2020 2021 % Change 2020 2021 % Change

0 0 -% 531 855 +61.0%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

49

0.4

15

2.5

12

3.8

AVG. SOLD PRICE

$194,044 $221,463 +14.1% $745,071 $691,730 -7.2% $1,390,000 $1,648,637 +18.6%

0

$2,400,000 $2,472,944 +3.0%

0

-

$$-%

76

0.5

$246,314 $296,679 +20.4%

0

T

he multi-family home market in Stuart & Hobe Sound displayed significant growth in the first half of 2021, with 61% yearover-year increase in number of sales and over 20% increase in average sales prices when compared to the same period in 2020. Condominium Inventory levels are extremely low, suggesting that price increases will continue in the coming months, despite the typical slow down in condominium sales that occurs in the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT BL AINE "DOC" ELLIN GSON AT 772.229.2929

D O C . E L L I N G S O N @ S O T H E B Y S R E A LT Y. C O M

51


P O R T S T. L U C I E S T. L U C I E C O U N T Y

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W P O R T ST. LU C I E S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 2349 3167 +34.8% 31 147 +374.2% 6 13 +116.7%

$2,000,000 $5,000,000

2020 2021 % Change

0 3 -%

2020 2021 % Change 2020 2021 % Change

0 0 -%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

2386 3330 +39.6%

MSI*

AVG. SOLD PRICE

$248,009 $291,663 +17.6% $614,249 $614,776 +0.1% $1,196,333 $1,218,615 +1.9%

174

0.3

26

1.1

8

3.7

1

0

$$2,400,000 -%

-

$$-%

0.4

$255,152 $311,445 +22.1%

0

208

T

he single-family home market in Port St Lucie saw impressive gains in the first half of 2021, with over 39% year-over-year increase in number of sales and over 22% increase in average sale price. Increases in sales volume were particularly notable at the price points above $500,000. Inventory is extremely low, indicating that price increases will continue to increase in the summer months. Buyer demand is expected to remain high, driving continued increases in sales activity for the foreseeable future.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Chris and Kay Rodriguez live and work in the PGA Village in Port St. Lucie, and are among the foremost real estate agents in the area. Kay has been the No. 1 agent in PGA sales and listings for the past 18 years. She is committed to service beyond expectation, and her clients appreciate her integrity, real estate expertise, and knowledge of the real estate history of the area. She specializes in marketing and advertising, which is enhanced by Chris’ expertise from over 25 years of experience with digital, print, web, and video media to allow their team to provide exceptional marketing services for their clients’ listings.

KAY RO D R I G U E Z

T R U S T E D R E A L E S TAT E A DV I S O R

Chris and Kay are consistently top producers in Port St. Lucie and the surrounding areas. They are Accredited Buyer’s Representatives and Resort and Second Home Property Specialists.

FOR MARKET INFO, CONTACT KAY RODRIGUEZ AT 772.486.2126 P S L R E A L E S TAT E C R @ G M A I L . C O M

52


Consistently ranked as one of the best places in the country to retire, Port St. Lucie’s peaceful neighborhoods, scenic waterways, and lush parks offer a perfect option for those looking for a tranquil home immersed in the natural beauty of South Florida.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W P O R T ST. LU C I E M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 236 369 +56.4% 0 1 -% 0 0 -%

$2,000,000 $5,000,000

2020 2021 % Change

0 0 -%

2020 2021 % Change 2020 2021 % Change

0 0 -%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

236 370 +56.8%

# ACTIVE

MSI*

AVG. SOLD PRICE

$170,788 $195,480 +14.5% $$700,000 -% $$-%

12

0.2

1

6

0

-

1

-

$$-%

-

$$-%

0.2

$170,788 $196,844 +15.3%

0

14

T

he number of sales of multi-family homes in Port St Lucie increased 56.8% in the first half of 2021 when compared to the first half of 2020. Average sales prices also increased significantly, by approximately 15%. With less than a month’s supply of residences available for sale, continued price increases in the coming months are expected.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

C H R I S RO D R I G U E Z

T R U S T E D R E A L E S TAT E A DV I S O R

FOR MARKET INFO, CONTACT CHRIS RODRIGUEZ AT 772.486.2126 P S L R E A L E S TAT E C R @ G M A I L . C O M

53


HUTCHINSON ISLAND S T. L U C I E C O U N T Y

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W H U TC H I N S O N I S L A N D S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

# SOLD 77 123 +59.7% 13 32 +146.2% 2 3 +50.0%

$2,000,000 $5,000,000

2020 2021 % Change

0 3 -%

2020 2021 % Change 2020 2021 % Change

0 0 -%

0

-

$$-%

92 161 +75.0%

28

1

$323,393 $438,209 +35.5%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

3

0.1

9

1.7

3

6

13

26

$$3,533,333 -%

$244,960 $271,478 +10.8% $628,247 $680,151 +8.3% $1,361,500 $1,598,333 +17.4%

T

h e f i rst ha l f of 2021 wa s a n e xt re m e l y st ro n g p e rio d fo r t h e s i n g l e fa mi l y h o m e ma rket o n Hutc hi ns o n Is l a n d . Th e nu mb e r of sa l es i n c rea s ed 75% yea r- ove r-yea r. Ave ra ge sa l es p ric es i n t h e sa m e p e rio d i n c rea s ed ove r 35%, w it h s i g nif ica nt ga i ns at eve r y p ric e p o i nt . W it h just o n e m o nt h’s sup p l y of i nve nto r y a n d st ro n g buye r d e ma n d p ro j ec ted to c o nt i nu e, p ric es s h oul d c o nt i nu e i n c rea s i n g i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Originally from South Africa, Daniel Ochse has been a top residential and commercial real estate agent in Hutchinson Island and the surrounding areas for over two decades. After beginning his real estate career upon moving to Vero Beach in 2000, Daniel became the Managing Broker of a high-end Vero Beach Island firm in 2005. He then became the Broker/Owner of his own firm before joining Coldwell Banker Paradise in 2016. With an extensive background in luxury residential, commercial, and land sales in the St. Lucie and Indian River County areas, Daniel currently specializes in land transactions and the development of high-end multi-family dwellings. He is an Accredited Buyers’ Representative and holds a Short Sale and Foreclosure Resource designation and a Transnational Referral Certification.

54

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

DANIEL OCHSE R E A L E S TAT E P R O F E S S I O N A L


Nestled among miles of state parks and nature preserves, the communities on Hutchinson Island combine the delight of island living with the charm of old Florida.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W H U TC H I N S O N I S L A N D M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 213 443 +108.0% 26 85 +226.9% 2 3 +50.0%

$2,000,000 $5,000,000

2020 2021 % Change

0 1 -%

2020 2021 % Change 2020 2021 % Change

0 0 -% 241 532 +120.7%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

11

0.1

8

0.6

6

12

AVG. SOLD PRICE

$289,425 $321,728 +11.2% $615,481 $655,208 +6.5% $1,280,000 $1,235,000 -3.5%

36

$$2,000,000 -%

0

-

$$-%

31

0.3

$332,822 $383,315 +15.2%

6

T

he number of sales of multi-family homes on Hutchinson Island more than doubled in the first half of 2021 when compared to the same period in 2020, with 120% year-over-year increase. Average sales prices in the same period increased over 15%. With inventory levels extremely low, prices are expected to continue increasing in the coming months despite the typical summer slow-down in condominium demand.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT DANIEL OCHS E AT 772.633.8200

D O C H S E @ G M A I L .CO M

55


VERO BEACH ISLAND INDIAN RIVER COUNTY

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W V E R O B E AC H I S L A N D S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$2,000,000 $4,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$4,000,000 $10,000,000

2020 2021 % Change

# SOLD 50 104 +108.0% 26 61 +134.6% 4 19 +375.0%

$10,000,000 +

2020 2021 % Change

0 1 -%

TOTALS

2020 2021 % Change

80 185 +131.3%

$1,000,000 $2,000,000

* Months' Supply of Inventory

# ACTIVE

MSI*

18

1

17

1.7

5

1.6

2

42

12

1.4

AVG. SOLD PRICE

$1,440,761 $1,404,788 -2.5% $2,845,308 $2,685,088 -5.6% $4,815,500 $6,491,642 +34.8% $$16,813,000 -% $2,065,975 $2,432,662 +17.7%

T

he first half of 2021 was an exceptionally strong period for the single-family home market over $1 million on Vero Beach Island. The number of sales more than doubled when compared to the same period in 2020. Average sales prices in the same period increased nearly 18%. With inventory very low, price appreciation is expected to continue in the coming months.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

With 75 years of combined real estate experience, annual production well in excess of $100 million, and career sales of over $3 billion, Cindy O’Dare and Richard Boga are the most highly sought-after real estate team on the Treasure Coast. Cindy and Richard hold nearly every significant sales record in Vero Beach, including the highest sales prices for luxury residential, oceanfront, and riverfront estates, waterfront lots, and land parcels.

C I N DY O' D A R E & RICHARD BOGA T R U S T E D R E A L E S TAT E A DV I S O R S

Cindy has repeatedly been ranked one of America’s Top Team Real Estate Professionals by the Wall Street Journal and RealTrends, and has been named Indian River County’s Favorite Realtor for three years in a row. Richard is a consummate real estate professional with a global perspective gained from a childhood spent in Sweden, India, and Germany.

FOR MARKET INFO, CONTACT CINDY O’DARE 772.713.5899 C I N DY@ P R E M I E R E S TAT E P R O P E R T I E S . C O M

56


It has been called the Hamptons of Florida: a low-key tropical escape for millionaires and billionaires who want to relax out of the spotlight of Palm Beach and Miami to the South. Home to upscale markets, boutiques, wine bars and spas; a place where celebs can stroll the public boardwalk with sixty-something retirees and artists and no one makes a fuss.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W V E R O B E AC H I S L A N D M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

# SOLD 125 238 +90.4% 7 27 +285.7% 2 16 +700.0%

$4,000,000 $10,000,000

2020 2021 % Change

0 0 -%

2020 2021 % Change 2020 2021 % Change

0 0 -% 134 281 +109.7%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

18

0.5

7

1.6

9

3.4

AVG. SOLD PRICE

$401,084 $479,782 +19.6% $1,442,643 $1,366,704 -5.3% $2,430,000 $2,294,375 -5.6%

-

$$-%

0

-

$$-%

34

0.7

$485,776 $668,324 +37.6%

0

T

he number of multifamily home sales on Vero Beach Island more than doubled during the first half of 2021 when compared to the same period last year. Average sales prices in the same period increased over 37% due in part to the significant increases in sales volume over $1 million. Inventory levels are extremely low, indicating continued price increases in the near future despite the typical slow-down in demand for condominiums in the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

A lifelong resident of the Treasure Coast, Mara Puerner combines expert knowledge of the Vero Beach area with unparalleled marketing and research strategies and a commitment to client relationships. Mara’s deep understanding of market data and current and emerging trends ensures the most informed process possible for her clients, while her negotiation skills and proactive strategies result in smooth and f lawless transactions. Her outstanding performance has earned her numerous top producer awards and recognition as a leading expert in Treasure Coast real estate.

MARA PUERNER T R U S T E D R E A L E S TAT E A DV I S O R

FOR MARKET INFO, CONTACT MAR A PUERNER AT 772.475.3431 M A R A @ S O R E N S E N R E A L E S TAT E . C O M

57


VERO BEACH MAINLAND INDIAN RIVER COUNTY

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W V E R O B E AC H S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 703 953 +35.6% 36 133 +269.4% 2 12 +500%

$2,000,000 $5,000,000

2020 2021 % Change

0 1 -

2020 2021 % Change 2020 2021 % Change

0 0 -

1

-

741 1099 +48.3%

81

0.4

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

59

0.4

16

0.7

2

1

3

AVG. SOLD PRICE

$261,131 $298,573 +14.3% $631,024 $639,450 +1.3% $1,243,500 $1,260,833 +1.4% $$2,685,000 -%

18

$$-% $281,753 $352,504 +25.1%

T

h e nu mb e r of sa l es of s i n g l e fa mi l y h o m es o n t h e Ve ro B ea c h ma i nl a n d i n c rea s ed ove r 48% du ri n g t h e f i rst ha l f of 2021 w h e n c o mp a red to t h e sa m e p e rio d i n 2020. Ave ra ge sa l es p ric es i n t h e sa m e p e rio d i n c rea s ed ap p rox i mate l y 25% a s a result of t h e s i g nif ica nt i n c rea s es i n sa l es vo lu m e ove r t h e $500,000 p ric e p o i nt . W it h l ess t ha n a m o nt h’s sup p l y of i nve nto r y, p ric e ap p rec iat io n is e xp ec ted to c o nt i nu e i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

A lifelong resident of the Treasure Coast, Mara Puerner combines expert knowledge of the Vero Beach area with unparalleled marketing and research strategies and a commitment to client relationships. Mara’s deep understanding of market data and current and emerging trends ensures the most informed process possible for her clients, while her negotiation skills and proactive strategies result in smooth and f lawless transactions. Her outstanding performance has earned her numerous top producer awards and recognition as a leading expert in Treasure Coast real estate.

MARA PUERNER T R U S T E D R E A L E S TAT E A DV I S O R

FOR MARKET INFO, CONTACT MAR A PUERNER AT 772.475.3431 M A R A @ S O R E N S E N R E A L E S TAT E . C O M

58


Vero Beach is known as a quiet, sophisticated coastal hamlet, where blue-collar workers happily co-exist with billionaires. The city’s world-class art museum, top-shelf shopping, scenic natural parks, under-the-radar charm, and haven for golf, watersports, and fishing, along with some of the best Atlantic beaches south of Georgia, all make Vero Beach an ideal place to retire, own a second home, or enjoy as a resort getaway

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W V E R O B E AC H M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

335 571 +70.4% 6 19 +216.7% 2 3 +50.0%

$2,000,000 $5,000,000

2020 2021 % Change

0 1 -%

2020 2021 % Change 2020 2021 % Change

0 0 0.0%

0

-

343 594 +73.2%

24

0.2

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

# ACTIVE

MSI*

20

0.2

3

0.9

0

-

1

6

AVG. SOLD PRICE

$160,815 $171,780 +6.8% $570,083 $ 687,789 +20.6% $1,455,000 $1,570,000 +7.9% $$2,050,000 -% $$-% $175,521 $198,509 +13.1%

T

h e mult i-fa mi l y h o m e ma rket o n t h e Ve ro B ea c h ma i nl a n d p o sted st ro n g g rowt h i n t h e f i rst ha l f of 2021, w it h 73% yea rove r-yea r i n c rea s e i n sa l es vo lu m e a n d 13% i n c rea s e i n ave ra ge sa l es p ric es w it h ga i ns at eve r y p ric e p o i nt . W it h i nve nto r y l eve l s at rec o rd l ows , p ric e ap p rec iat io n is e xp ec ted to c o nt i nu e i n t h e c o mi n g m o nt hs d esp ite t h e t yp ica l s l owd ow n i n c o n d o mi niu m d e ma n d du ri n g t h e su m m e r.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

For over two decades, Vance Brinkerhoff has been providing exceptional service to buyers, sellers, and investors in Vero Beach and the surrounding areas. A resident of Vero Beach himself, Vance holds an intimate knowledge of the area and its communities as well as a remarkable network of local relationships. Clients and realtors alike enjoy working with him for his understated demeanor and generous character, while his co-workers consistently vote him “Best Team Player” in the workplace. Vance’s unparalleled negotiation skills and persistent dedication to excellent service for his clients have lifted him to the top of his field.

VA N C E B R I N K E R H O F F R E A LT O R

FOR MARKET INFO, CONTACT VANCE BRINKERHOFF AT 772.913.3426 VA N C O 2 @ M S N . C O M

59


MELBOURNE AREA B R E VA R D C O U N T Y M A I N L A N D

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W B R E VA R D M A I N L A N D S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 3637 4311 +18.5% 220 364 +65.5% 14 32 +128.6%

$2,000,000 $5,000,000

2020 2021 % Change

0 1 -%

2020 2021 % Change 2020 2021 % Change

0 0 -%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

3871 4708 +21.6%

# ACTIVE

AVG. SOLD PRICE

$245,526 $271,854 +10.7% $621,550 $650,364 +4.6% $1,210,833 $1,210,544 0.0%

378

0.5

106

1.7

32

6.0

8

48

$$3,500,00 -%

-

$$-%

0.7

$270,388 $308,185 +14.0%

0

524

T

he single-family home market in the Melbourne area posted very strong growth in the first half of 2021 when compared to the same period in 2020, with a 21.6% year-over-year increase in number of sales and 14% increase in average sale price. With less than a month’s supply of homes available for sale and steady buyer demand this summer, prices are expected to continue to increase.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

With 7 years of Real Estate experience and deep connections within the community, Stephanie Dandridge is consistently ranked among the top ten agents in Brevard County. Specializing in luxury oceanfront, waterfront, intracoastal and golf communities, she is trusted with the most exclusive properties across Brevard County and offers an unrivaled network with clients ranging from Fortune 500 CEOs to high-profile studio executives. Stephanie is responsible for some of the most notable sales in the county, breaking records year after year, including the highest priced sale ever in Brevard County for the “Meander” estate, sold for $9 Million. Fluent in five languages and with a background in Contracts and Law, a BS in Marketing, an MBA and an MIM in International Marketing and Diplomatic Relations, Dandridge has elevated her business to an elite class of real estate professionals. She attributes integrity, dedication to excellence and her genuine friendship with her clients as the key to her success in the industry.

60

MSI*

ST E P H A N I E M O S S DANDRIDGE L U X U R Y R E A L E S TAT E


Brevard County is famous as a place where beaches meet world-class surfing and ocean-happy hours. In addition to being an ideal place to retire, Brevard is attracting thousands of new buyers working in the space, defense and technology industries. Brevard is considered to have the best of all worlds: lifestyle, culture, industry and tourism.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W B R E VA R D M A I N L A N D M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 325 459 +41.2% 5 11 +120.0% 0 0 -%

$2,000,000 $5,000,000

2020 2021 % Change

0 0 -%

2020 2021 % Change 2020 2021 % Change

0 0 -%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

330 470 +42.4%

AVG. SOLD PRICE

# ACTIVE

MSI*

53

0.7

29

15.8

16

-

2

-

$$-%

-

$$-%

1.3

$144,835 $175,885 +21.4%

0

100

$137,578 $164,804 +19.8% $616,600 $638,264 +3.5% $$-%

B

oth sales activity and average price in the Melbourne area multi-family home market showed very significant year-over-year increases in the first half of 2021 when compared to the same period last year. The number of sales rose 42.4%, while average sale price increased 21.4%. Inventory is very low, indicating that price increases are likely to continue in the coming months, despite the typical slow-down in activity for condominiums in the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT ST EPH ANIE MOSS DANDRIDGE AT 321.243.1218

ST E P H A N I E DA N D R I D G E @ S M D LUXU RY R E .CO M

61


B R E VA R D B A R R I E R I S L A N D S M E L B O U R N E B E A C H , S AT E L L I T E B E A C H , C O C O A B E A C H , M E R R I T T I S L A N D , C A N AV E R A L S H O R E S , I N D I A L A N T I C

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W B R E VA R D B A R R I E R I S L A N D S S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

# SOLD 596 580 -2.7% 161 325 +101.9% 34 75 +120.6%

$2,000,000 $5,000,000

2020 2021 % Change

7 16 +128.6%

2020 2021 % Change 2020 2021 % Change

0 0 -%

2

-

$$-%

798 996 +24.8%

160

1

$463,435 $570,569 +23.1%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

$336,118 $359,911 +7.1% $647,363 $659,848 +1.9% $1,316,141 $1,349,052 +2.5%

53

0.5

65

1.2

25

2

15

5.6

$2,931,550 $2,744,313 -6.4%

B

oth sales activity and average sale price showed significant growth in the single-family home market for the Brevard Barrier Islands in the first half of 2021 when compared to the same period in 2020. The number of sales increased nearly 25%, and average sale price increased over 23%. With just one month’s supply of homes for sale, continued price appreciation is expected for the foreseeable future. Sales activity is likely to be impacted by warmer weather in northern markets, but price appreciation is likely to continue.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

With 7 years of Real Estate experience and deep connections within the community, Stephanie Dandridge is consistently ranked among the top ten agents in Brevard County. Specializing in luxury oceanfront, waterfront, intracoastal and golf communities, she is trusted with the most exclusive properties across Brevard County and offers an unrivaled network with clients ranging from Fortune 500 CEOs to high-profile studio executives. Stephanie is responsible for some of the most notable sales in the county, breaking records year after year, including the highest priced sale ever in Brevard County for the “Meander” estate, sold for $9 Million. Fluent in five languages and with a background in Contracts and Law, a BS in Marketing, an MBA and an MIM in International Marketing and Diplomatic Relations, Dandridge has elevated her business to an elite class of real estate professionals. She attributes integrity, dedication to excellence and her genuine friendship with her clients as the key to her success in the industry.

62

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

ST E P H A N I E M O S S DANDRIDGE L U X U R Y R E A L E S TAT E


Home to the surf mecca of Cocoa Beach, the cruise hub of Port Canaveral, the scientific and historic tourist attraction of the Kennedy Space Center, and the vast Merritt Island National Wildlife Refuge, the Brevard County Islands offer something for everyone and are a popular destination for young professionals, families, and retirees alike.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W B R E VA R D B A R R I E R I S L A N D S M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 437 621 +42.1% 72 139 +93.1% 4 8 +100.0%

$2,000,000 $5,000,000

2020 2021 % Change

0 1 -%

2020 2021 % Change 2020 2021 % Change

0 0 -% 513 769 +49.9%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

95

0.9

38

1.6

7

5.3

AVG. SOLD PRICE

$249,873 $276,356 +10.6% $647,703 $663,416 +2.4% $1,431,000 $1,143,125 -20.1%

12

$$2,507,000 -%

0

-

$$-%

142

1.1

$314,918 $358,236 +13.8%

2

T

he multi-family home market on the Brevard Barrier Islands was stronger than ever in the first half of this year when compared to the same period last year, with the number of sales increasing nearly 50% and average sale prices rising nearly 14%. With inventory levels very low, continued price increases are expected in the coming months despite the typical slowdown in demand for condominiums in the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT ST EPH ANIE MOSS DANDRIDGE AT 321.243.1218

ST E P H A N I E DA N D R I D G E @ S M D LUXU RY R E .CO M

63


C OA S TA L VO L U S I A C O U N T Y OR M O N D -BY-THE-SEA , OR MOND B E AC H, DAY TON A BE ACH, DAYTO N A BE ACH S HO R E S , N EW S MYRN A BEACH, PORT OR ANGE, PONCE INLE T, W I L BUR-BY-T HE-S E A

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W C OA STA L VO LU S I A C O U N T Y S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 1438 1642 +14.2% 132 309 +134.1% 26 58 +123.1%

$2,000,000 $5,000,000

2020 2021 % Change

3 9 +200.0%

2020 2021 % Change 2020 2021 % Change

0 0 -% 1599 2018 +26.2%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

MSI*

252

0.9

119

2.3

34

3.5

16

10.7

2

-

423

1.3

AVG. SOLD PRICE

$264,617 $303,064 +14.5% $642,124 $644,085 +0.3% $1,290,263 $1,339,831 +3.8% $2,998,333 $2,432,154 -18.9% $$-% $317,587 $394,576 +24.2%

T

h e s i n g l e -fa mi l y h o m e ma rket i n Co a sta l Vo lus ia Cou nt y saw sub sta nt ia l g rowt h i n t h e f i rst ha l f of 2021, w it h sa l es vo lu m e i n c rea s i n g ap p rox i mate l y 26% c o mp a red to t h e sa m e p e rio d i n 2020. Th e 24.2% i n c rea s e i n ave ra ge sa l es p ric es wa s du e to a s i g nif ica nt i n c rea s e i n nu mb e r of sa l es ove r $500,000. Ve r y l ow i nve nto r y l eve l s i n d icate t hat p ric e i n c rea s es w i l l c o nt i nu e we l l i nto 2021. Buye r d e ma n d is a l s o e xp ec ted to b e st ro n g t his su m m e r.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

For over 15 years, the Weller Team has been applying their strong business work ethic and exceptional knowledge of both the luxury and investment markets in Daytona Beach to provide the highest level of service to their aff luent clientele. The team’s expertise covers the entire Greater Daytona Beach area, which includes Ormond Beach, Port Orange, and New Smyrna Beach, with a strong emphasis on waterfront and luxury home properties, golf communities, and investment properties.

64

# ACTIVE

THE WELLER TEAM R E A L E S TAT E P R O F E S S I O N A L S


Famous for housing the Daytona International Speedway, which hosts the iconic Daytona 500 NASCAR race, the towns along the coast of Volusia County are also home to a variety of resorts, amusement parks and other activities, along with a thriving arts, culture, & food scene and proximity to some of the best surfing beaches in Florida.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W C OA STA L VO LU S I A C O U N T Y M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 453 711 +57.0% 41 128 +212.2% 2 11 +450.0%

$2,000,000 $5,000,000

2020 2021 % Change

0 2 -%

2020 2021 % Change 2020 2021 % Change

0 0 -% 496 852 +71.8%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

84

0.7

44

2.1

7

3.8

1

3

1

-

137

1

AVG. SOLD PRICE

$239,375 $264,458 +10.5% $596,744 $634,591 +6.3% $1,257,000 $1,152,273 -8.3% $$2,500,000 -% $$-% $273,019 $336,775 +23.4%

T

he number of multifamily home sales in Coastal Volusia County increased a stunning 71.8% in the first half of 2021 when compared to the same period in 2020. Average sales prices increased 23.4%, due in part to the substantial increase in number of sales over $500,000. With just one month’s supply of condominiums for sale, price increases should continue. These increases may be less dramatic as the condominium market experiences the typical summer slow-down in sales.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT T HE WELLER T E A M AT 386.547.8586

D E B B I E @T H E W E L L E R T E A M . C O M | A A R O N @T H E W E L L E R T E A M . C O M 65


JACKSONVILLE BEACHES AT L A N T I C B E A C H , N E P T U N E B E A C H , J A C K S O N V I L L E B E A C H , P O N T E V E D R A B E AC H , V I L A N O B E AC H

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W JAC K S O N V I L L E B E AC H E S S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 312 228 -26.9% 227 336 +48.0% 84 178 +111.9%

$2,000,000 $5,000,000

2020 2021 % Change

22 65 +195.5%

2020 2021 % Change 2020 2021 % Change

3 9 +200.0%

4

2.7

648 816 +25.9%

116

0.9

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

MSI*

17

0.4

35

0.6

24

0.8

36

3.3

AVG. SOLD PRICE

$357,836 $383,145 +7.1% $678,514 $696,779 +2.7% $1,318,461 $1,388,767 +5.3% $2,806,386 $2,800,538 -0.2% $6,690,000 $7,108,684 +6.3% $707,143 $998,393 +41.2%

T

h e s i n g l e -fa mi l y h o m e ma rket i n t h e Ja c k s o nv i l l e B ea c h es a rea d isp l ayed s i g nif ica nt g rowt h i n t h e f i rst ha l f of 2021 w h e n c o mp a red to t h e sa m e p e rio d l a st yea r, w it h a 25.9% i n c rea s e i n sa l es vo lu m e a n d a 41.2% yea r- ove r-yea r i n c rea s e i n ave ra ge sa l es p ric es , w hic h wa s a result of sub sta nt ia l l y m o re sa l es i n t h e $1-mi l l io n-p lus p ric e cate go ries. W it h l ess t ha n a m o nt hs’ sup p l y of h o m es fo r sa l e, p ric e ap p rec iat io n is e xp ec ted to c o nt i nu e i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Kim Martin-Fisher, founder of the KMF|JMF Group, is an acclaimed Realtor with over 30 years of experience. Kim's team is ranked the #1 Real Estate team and top sales team for two years running by the Jacksonville Business Journal with consistent sales records exceeding $128.5 million in 2020. Kim serves Ponte Vedra Beach and the Jacksonville Beaches area. She is devoted to ensuring each customer receives their highest level of care and personal attention.

66

# ACTIVE

KIM M A RT I N-F I S H E R P R O F E S S I O N A L R E A LT O R


Featuring over 22 miles of beaches, prime golf courses, world-class fishing opportunities, and close proximity to the arts, cultural and nightlife opportunities of Jacksonville proper, the Jacksonville Beaches are a rapidly appreciating area offering a variety of real estate opportunities for those considering an investment or a move to Florida.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W JAC K S O N V I L L E B E AC H E S M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$250,630 $255,602 +2.0%

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

$2,000,000 $5,000,000

2020 2021 % Change

3 6 +100.0%

1

0

2020 2021 % Change 2020 2021 % Change

0 0 -%

0

-

289 369 +27.7%

36

0.6

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

AVG. SOLD PRICE

220 245 +11.4% 54 89 +64.8% 12 29 +141.7%

Under $500,000

# SOLD

MSI*

YEAR 2020 2021 % Change 2020 2021 % Change

11

0.3

21

1.4

4

0.8

$661,126 $675,393 +2.2% $1,135,104 $1,348,310 +18.8% $2,358,333 $2,555,833 8.4% $$-% $385,936 $480,132 +24.4%

T

he number of multifamily home sales in the Jacksonville Beaches area increased 27.7% in the first half of 2021 when compared to the same period last year. Average sale prices in the same period increased over 24%. With less than a month’s supply of homes for sale, price increases are likely to continue despite the slow-down in condominium sales that typically occurs in the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT KIM MART IN-FIS HER AT 904.699.9993 K I M . M A RT I N - F I S H E R @ E L L I M A N .CO M 67


JACKSONVILLE AREA E A S T O F T H E 2 9 5 B E LT WAY T O T H E I N T R A C O A S TA L

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W JAC K S O N V I L L E A R E A S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 3646 4497 +23.3% 216 370 +71.3% 27 53 +96.3%

$2,000,000 $5,000,000

2020 2021 % Change

5 8 +60.0%

2020 2021 % Change 2020 2021 % Change

0 0 -% 3894 4928 +26.6%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

MSI*

592

0.8

69

1.1

33

3.7

19

14.3

3

-

716

0.9

AVG. SOLD PRICE

$210,951 $231,648 +9.8 $637,933 $658,124 +3.2% $1,314,556 $1,398,270 +6.4% $2,700,993 $2,826,875 +4.7% $$-% $245,486 $280,428 +14.2%

T

h e nu mb e r of s i n g l e -fa mi l y h o m e sa l es i n t h e Ja c k s o nv i l l e A rea i n c rea s ed 26.6% i n t h e f i rst ha l f of 2021 w h e n c o mp a red to t h e sa m e p e rio d l a st yea r. Ave ra ge sa l es p ric es i n c rea s ed 14.2%, w it h i n c rea s es o c c u rri n g at eve r y p ric e p o i nt . W it h l ess t ha n a m o nt h’s sup p l y of h o m es fo r sa l e a n d st ro n g buye r d e ma n d p red ic ted t h rou g h t h e su m m e r, p ric es a re p ro j ec ted to c o nt i nu e i n c rea s i n g i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Jennifer Martin Faulkner is Jacksonville's top producer and the co-founder of the KMF|JMF Group specializing in Ponte Vedra Beach, Nocatee, Jacksonville Beach, Neptune Beach, Atlantic Beach, and Jacksonville metro luxury markets. Jennifer has over 15 years’ experience and is known for her respected working relationship with other top Brokers. With national award-winning success, extensive executive level relocation training, and involvement with the nation’s top relocation companies, Jennifer knows what high net worth clients want and how to make it happen.

68

# ACTIVE

JENNIFER M A RT I N FAU L K N E R P R O F E S S I O N A L R E A LT O R


The largest city in the Sunshine State, and consistently ranked as one of the top arts destinations in the United States, Jacksonville boasts beautiful coastlines, top-notch restaurants, historic neighborhoods, eclectic museums, a vibrant street arts scene, cosmopolitan nightlife, and the largest urban park system in America.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W JAC K S O N V I L L E A R E A M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 553 869 +57.1% 10 26 +160.0% 1 4 +300.0%

$2,000,000 $5,000,000

2020 2021 % Change

0 0 -%

2020 2021 % Change 2020 2021 % Change

0 0 -% 564 899 +59.4%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

133

0.9

15

3.5

2

3

1

-

0

-

151

1

AVG. SOLD PRICE

$137,284 $163,277 +18.9% $619,049 $638,051 +3.1% $1,275,000 $1,278,750 +0.3% $$-% $$-% $147,843 $181,971 +23.1%

S

ales volume in the Jacksonville Area multi-family home market increased 59.4% during the first half of 2021 compared to the first half of 2020, while average sales prices increased 23.1%. Although this market will likely experience the typical summer slowdown in sales, with extremely low inventory levels, average prices are expected to continue to increase in the coming months.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT JENNIFER MART IN FAULKNER AT 904.524.6000

J E N N I F E R . M A R T I N FA U L K N E R @ E L L I M A N . C O M

69


MARCO ISLAND COLLIER COUNTY

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W M A R C O I S L A N D S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

31 24 -22.6% 120 127 +5.8% 48 168 +250.0%

$2,000,000 $5,000,000

2020 2021 % Change

28 82 +192.9%

2020 2021 % Change 2020 2021 % Change

1 6 +500.0% 228 407 +78.5%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

MSI*

0

0

14

0.7

27

1

29

2.1

6

6

76

1.1

AVG. SOLD PRICE

$418,338 $435,633 +4.1% $726,601 $771,242 +6.1% $1,406,479 $1,398,824 -0.5% $2,796,429 $2,940,750 +5.2% $10,500,000 $6,525,000 -37.9% $1,124,876 $1,532,425 +36.2%

T

h e nu mb e r of sa l es of s i n g l e fa mi l y h o m es o n Ma rc o Is l a n d i n c rea s ed 78.5% du ri n g t h e f i rst ha l f of 2021 w h e n c o mp a red to t h e sa m e p e rio d l a st yea r. Ave ra ge sa l es p ric es i n t h e sa m e p e rio d i n c rea s ed ap p rox i mate l y 36%. E xt re m e l y l ow i nve nto r y l eve l s c oup l ed w it h st ro n g e xp ec ted buye r d e ma n d s h oul d l ea d to c o nt i nu ed p ric e i n c rea s es i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

A resident of Collier County since 1993 and a top real estate professional in Naples and Marco Island since 2000, Michelle Thomas is one of the most highly-sought-after luxury real estate agents in Southwest Florida. Michelle specializes in luxury waterfront, beachfront, and golf course home and condominium sales and serves a local, national, and international clientele. Michelle’s team is currently ranked #1 at Premier Sotheby’s International Realty, #1 on Marco Island, #5 in the state of Florida, and #44 in the U.S. Passionate about her community, Michelle donates a portion of the commission from every closing to local charities. She is a member of the local Chamber of Commerce as well as the Institute for Luxury Home Marketing.

70

# ACTIVE

MICHELLE THOMAS TOP-PRODUCING AGENT


A short distance from the world-class shopping, dining and golf courses in Naples to the north and the nature and wildlife haven of the Everglades to the south, Marco Island offers opportunities for everything from golfing to wildlife watching to resort relaxation and is a paradise for lovers of luxury and adventure alike.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W M A R C O I S L A N D M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

# SOLD 133 268 +101.5% 75 226 +201.3% 15 54 +260.0%

$2,000,000 $5,000,000

2020 2021 % Change

7 24 +242.9%

2020 2021 % Change 2020 2021 % Change

1 2 +100.0%

1

3

$5,125,000 $7,181,000 +40.0%

231 574 +148.5%

39

0.4

$576,438 $700,047 +21.4%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

$306,056 $330,824 +8.1% $670,078 $701,619 +4.7% $1,298,827 $1,426,315 +9.8%

18

0.4

11

0.3

7

0.8

2

0.5

$2,512,643 $2,634,042 +4.8%

T

he multi-family home market on Marco Island posted extremely strong growth in the first half of 2021. The number of sales increased nearly 150% year-over-year, while average sales prices in the same period increased approximately 21% with significant increases at every price point. Inventory levels are near record lows, indicating continued price increases in the coming months despite the typical slowdown in condominium demand during the summer months.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT MICHELLE T HOMAS AT 239.860.7176

M I C H E L L E @ N A P L E S .C O M

71


AQUALANE SHORES NAPLES AREA

With lavish modern architecture and beautiful tropical grounds set along miles of prime waterfront, the estates at the highly sought-after boating community of Aqualane Shores offer peaceful luxury in a verdant setting with the Gulf Beaches to the west and Naples Bay to the east.

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W AQ UA L A N E S H O R E S S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

# SOLD 0 0 -% 0 0 -% 8 8 0.0%

$4,000,000 $10,000,000

2020 2021 % Change

12 30 +150.0%

2020 2021 % Change 2020 2021 % Change

0 2 -%

0

0

20 40 +100.0%

5

0.8

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

0

-

0

-

0

0

5

1

AVG. SOLD PRICE

$$-% $$-% $3,230,625 $3,390,000 +4.9% $6,120,417 $6,458,677 +5.5% $$12,050,000 -% $4,964,500 $6,124,508 +23.4%

T

he number of sales of single-family homes in Aqualane S hores doubled in t he f irst half of 2021 when compared to t he same period in 2020. Average sales prices during t he same period increased as wel l , by over 23%, part ial ly due to t he substant ial increase in sales in t he price points above $4 Mil l ion. Record low inventor y levels ind icate t hat prices wil l cont inue to increase in t he coming mont hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

One of the most successful real estate agents not only in Naples, but in the United States, Bill Earls has been the top selling agent at John R. Wood Properties for the past 29 years and is consistently ranked in the top 50 real estate agents nationally by sales volume by the Wall Street Journal. Bill’s specialty is analysis of market trends and conditions in the Naples luxury real estate market, his deep understanding of which has resulted in decades of successful luxury and ultraluxury home sales.

BILL EARLS R E A LT O R ®

The Earls-Lappin team, on which Bill is a partner, has received rankings by RealTrends and the Wall Street Journal of #1 in Naples, #1 in Southwest Florida, #1 Small Team in Florida, and #7 in the U.S.

FOR MARKET INFO, CONTACT BILL E ARLS AT 239.777.6622 B I L L @ B I L L E A R L S .CO M

72


PORT R O YA L

Set along the waterways of Naples Bay, the manicured grounds, gracious mansions, and stunning views of the luxe estates at Port Royal offer the height of oceanfront elegance to only the most elite of buyers.

NAPLES AREA

LUXURY CONDO / TOWNHOMES ET IEW LUXU RY S IN GLE-FA MILY HOMES M A RM KA E RT KO V EORVVE R I EVW P O R T R OYA L S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$$-%

$1,000,000 $2,000,000 $2,000,000 $4,000,000

2020 2021 % Change

$4,000,000 $10,000,000

2020 2021 % Change

9 18 +100.0%

1

0.3

2020 2021 % Change 2020 2021 % Change

7 24 242.9%

6

1.5

16 44 +175.0%

7

1

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

AVG. SOLD PRICE

0 0 -% 0 0 -% 0 2 -%

Under $1,000,000

# SOLD

MSI*

YEAR 2020 2021 % Change 2020 2021 % Change

0

-

0

-

0

0

$$-% $$3,825,000 -% $6,460,556 $7,444,444 +15.2% $14,378,571 $15,702,417 +9.2% $9,924,688 $11,784,273 +18.7%

T

he number of sales of single-family homes in Port Royal increased 175% in t he f irst half of 2021 when compared to t he same period last year. Average sales prices increased by nearly 19% during t he same period , wit h ever y price point showing signif icant gains. Wit h inventor y levels near record lows and cont inued strong buyer demand , cont inued price appreciat ion is l ikely.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

As one of the nation’s top real estate professionals, Phil serves a clientele that includes entertainment executives, celebrities, real estate developers, high net worth individuals, entrepreneurs and international investors. Known for his integrity, track record of success, negotiation skills, worldclass client service, unsurpassed discretion, global network and marketing expertise, Phil consistently delivers best-in-class results for every buyer and seller he represents. Phil’s focus is on luxury homes and condominiums in the Naples area, with an emphasis on waterfront properties.

P H I L CO L L I N S R E A LT O R ®

FOR MARKET INFO, CONTACT PHIL COLLINS AT 239.404.6800 P H I L .C O L L I N S @ R AV E I S . C O M

73


OLDE NAPLES NAPLES DOWNTOWN

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W O L D E N A P L E S S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

# SOLD 1 0 -100.0% 2 4 +100.0% 22 40 +81.8%

$4,000,000 $10,000,000

2020 2021 % Change

17 30 +76.5%

2020 2021 % Change 2020 2021 % Change

1 2 100.0% 43 76 +76.7%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE 0

-

0

0

2

0.3

AVG. SOLD PRICE

$965,000 $-% $1,887,500 $1,626,250 -13.8% $3,250,682 $2,954,955 -9.1%

2.2

$5,670,588 $5,499,682 -3.0%

2

6

$10,750,000 $13,300,000 +23.7%

15

1.2

$4,265,233 $4,161,759 -2.4%

11

T

h e nu mb e r of s i n g l e -fa mi l y h o m e sa l es i n O l d e Nap l es i n c rea s ed ove r 76% i n t h e f i rst ha l f of 2021 w h e n c o mp a red to t h e sa m e p e rio d l a st yea r. Howeve r, ave ra ge sa l es p ric es d ec rea s ed s l i g ht l y, by 2.4% W it h n ea r rec o rd l ow i nve nto r y l eve l s a n d p ro j ec ted st ro n g buye r d e ma n d , p ric es a re e xp ec ted to b e g i n ap p rec iat i n g i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

As one of the nation’s top real estate professionals, Phil serves a clientele that includes entertainment executives, celebrities, real estate developers, high net worth individuals, entrepreneurs and international investors. Known for his integrity, track record of success, negotiation skills, world-class client service, unsurpassed discretion, global network and marketing expertise, Phil consistently delivers best-in-class results for every buyer and seller he represents. Phil’s focus is on luxury homes and condominiums in the Naples area, with an emphasis on waterfront properties. Phil is deeply committed to philanthropy in the Naples area, supporting the not-for-profit Youth Haven, the Golisano Children’s Museum of Naples, and the YMCA. He also serves on the Board of Directors at the Conservancy of Southwest Florida and is President of the Norris Family Foundation.

74

MSI*

P H I L CO L L I N S R E A LT O R ®


With historic mansions, upscale shopping , fine dining , and peaceful parks, the gorgeous beachfront community of Olde Naples is perfect for those looking for a touch of history along with their tropical luxury.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W O L D E N A P L E S M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000 $2,000,000 $4,000,000

2020 2021 % Change

# SOLD 47 81 +72.3% 12 41 +241.7% 8 18 +125.0%

$4,000,000 $10,000,000

2020 2021 % Change

0 2 -%

2020 2021 % Change 2020 2021 % Change

0 0 -%

0

-

$$-%

67 142 +111.9%

24

1

$890,728 $1,140,635 +28.1%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

$494,868 $568,483 +14.9% $1,455,833 $1,478,854 +1.6% $2,368,750 $2,607,778 +10.1%

3

0.2

7

1

13

4.3

1

3

$$4,175,000 -%

T

he first half of 2021 was an extremely strong period for the multi-family home market in Olde Naples. The number of sales more than doubled during the first half of 2021 when compared to the same period last year, and average sales prices rose approximately 28% with gains at every price point. With extremely low inventory levels, prices are expected to continue increasing in the coming months despite the typical slow-down in demand for condominiums in the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT PHIL COLLINS AT 239.404.6800

P H I L . C O L L I N S @ R AV E I S .C O M

75


NAPLES BEACHFRONT LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W N A P L E S B E AC H F R O N T S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

# SOLD 0 0 -% 0 2 -% 0 1 -%

$4,000,000 $10,000,000

2020 2021 % Change

1 0 -100.0%

2020 2021 % Change 2020 2021 % Change

2 5 +150.0% 3 8 +166.7%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

0

-

0

0

0

0

AVG. SOLD PRICE

$$-% $$1,484,000 -% $$2,200,000 -%

-

$9,350,000 $-%

3

3.6

$15,100,000 $31,520,000 +108.7%

3

2.3

$13,183,333 $20,346,000 +54.3%

0

T

h e s i n g l e -fa mi l y b ea c hf ro nt h o m es ma rket i n Nap l es d isp l ayed s i g nif ica nt g rowt h i n t h e f i rst ha l f of 2021, w it h a 166.7% yea r- ove r-yea r i n c rea s e i n nu mb e r of sa l es a n d a 54.3% i n c rea s e i n ave ra ge sa l es p ric es. Inve nto r y l eve l s i n t his ma rket a re c u rre nt l y e xt re m e l y l ow, i n d icat i n g t hat p ric e ap p rec iat io n w i l l c o nt i nu e.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

One of the most successful real estate agents not only in Naples, but in the United States, Bill Earls has been the top selling agent at John R. Wood Properties for the past 29 years and is consistently ranked in the top 50 real estate agents nationally by sales volume by the Wall Street Journal. Bill’s specialty is analysis of market trends and conditions in the Naples luxury real estate market, his deep understanding of which has resulted in decades of successful luxury and ultraluxury home sales.

BILL EARLS R E A LT O R ®

The Earls-Lappin team, on which Bill is a partner, has received rankings by RealTrends and the Wall Street Journal of #1 in Naples, #1 in Southwest Florida, #1 Small Team in Florida, and #7 in the U.S.

FOR MARKET INFO, CONTACT BILL E ARLS AT 239.777.6622 B I L L @ B I L L E A R L S .CO M

76


With the amazing golf courses, cultural scene, healthcare system, and shopping opportunities of Naples on one side and the idyllic Gulf Coast on the other, the luxury beachfront homes in Naples are some of the most highly-sought-after properties in all of South Florida.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W N A P L E S B E AC H F R O N T M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000 $2,000,000 $4,000,000

2020 2021 % Change

57 74 +29.8% 60 128 +113.3% 22 66 +200.0%

$4,000,000 $10,000,000

2020 2021 % Change

13 36 +176.9%

2020 2021 % Change 2020 2021 % Change

1 0 -100.0%

1

-

$14,000,000 $-%

153 304 +98.7%

19

0.4

$1,818,694 $2,106,642 +15.8%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

# ACTIVE

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

$759,226 $795,485 +4.8% $1,386,125 $1,441,042 +4.0% $2,962,125 $2,901,246 -2.1%

4

0.3

7

0.3

4

0.4

3

0.5

$5,588,462 $5,711,597 +2.2%

T

he number of multifamily beachfront home sales in Naples nearly doubled in the first half of 2021 when compared to the same period last year. Average sale prices in the same period increased nearly 16%. With less than a month’s supply of homes for sale, price increases are likely to continue despite the slowdown in condominium sales that typically occurs in the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Originally from Wisconsin, but a 25-year resident of Naples, Larry Lappin has been a Top Producing Agent at John R. Wood Properties for over 20 years, and consistently ranks in the Nation’s Top 100 Agents. Clients appreciate his detail-oriented approach, extensive market knowledge, and Wisconsin charm.

L A R RY L A P P I N R E A LT O R ®

The Earls-Lappin team, on which Larry is a partner, has received rankings by RealTrends and the Wall Street Journal of #1 in Naples, #1 in Southwest Florida, #1 Small Team in Florida, and #7 in the U.S.

FOR MARKET INFO, CONTACT L ARRY L APPIN AT 239.571.8247 L A R R Y@ L A R R Y L A P P I N . C O M

77


COQUINA SANDS, M O O R I N G S , & PA R K S H O R E NAPLES AREA

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W COQUINA SANDS, MOORINGS, PARK SHORE SINGLE-FAMILY HOMES MID -YEAR REPORT 2 02 0 VS 2 021 PRICE POINT

$1,000,000 $2,000,000 $2,000,000 $4,000,000

2020 2021 % Change

6 1 -83.3% 30 38 +26.7% 20 57 +185.0%

$4,000,000 $10,000,000

2020 2021 % Change

11 32 +190.9%

2020 2021 % Change 2020 2021 % Change

0 0 -%

1

-

$$-%

67 128 +91.0%

26

1.2

$2,377,993 $3,039,578 +27.8%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

# ACTIVE

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

0

0

2

0.3

10

1.1

13

2.4

$861,667 $985,000 +14.3% $1,359,800 $1,556,945 +14.5% $3,003,700 $3,009,268 +0.2% $4,844,318 $4,918,402 +1.5%

T

he single-family home market in the neighborhoods of Coquina Sands, Moorings, and Park Shore displayed excellent growth rates in the first half of 2021, with 91% year-over-year increase in number of sales. Average sales prices in the same period increased nearly 28%, with gains at every price point. Extremely low inventory indicates that prices will continue to appreciate in the coming months.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

One of the most successful real estate agents not only in Naples, but in the United States, Bill Earls has been the top selling agent at John R. Wood Properties for the past 29 years and is consistently ranked in the top 50 real estate agents nationally by sales volume by the Wall Street Journal. Bill’s specialty is analysis of market trends and conditions in the Naples luxury real estate market, his deep understanding of which has resulted in decades of successful luxury and ultraluxury home sales.

BILL EARLS R E A LT O R ®

The Earls-Lappin team, on which Bill is a partner, has received rankings by RealTrends and the Wall Street Journal of #1 in Naples, #1 in Southwest Florida, #1 Small Team in Florida, and #7 in the U.S.

FOR MARKET INFO, CONTACT BILL E ARLS AT 239.777.6622 B I L L @ B I L L E A R L S .CO M

78


Naples’ first beachfront communities, the neighborhoods of Coquina Sands, Moorings, and Park Shore offer a range of luxury beachfront and bay-front homes and condominiums along a pristine sugar sand coastline, as well as a wealth of opportunities for shopping, dining, and recreation.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W CO Q U I N A SA N DS , M O O R I N G S , PA R K S H O R E M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O RT 2 02 0 VS 2 02 1 PRICE POINT

$1,000,000 $2,000,000 $2,000,000 $4,000,000

2020 2021 % Change

113 233 +106.2% 57 129 +126.3% 16 54 +237.5%

$4,000,000 $10,000,000

2020 2021 % Change

7 23 +228.6%

2020 2021 % Change 2020 2021 % Change

1 0 -100.0%

1

-

$14,000,000 $-%

194 439 +126.3%

26

0.4

$1,249,475 $1,386,933 +11.0%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

# ACTIVE

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

$553,950 $577,223 +4.2% $1,368,509 $1,440,086 +5.2% $2,924,797 $2,811,611 -3.9%

8

0.2

8

0.4

7

0.8

2

0.5

$5,857,143 $6,946,630 +1.5%

T

he number of sales of multi-family homes in Coquina Sands, Moorings, and Park Shore more than doubled in the first half of 2021 when compared to the same period in 2020. The average sale price in the same period increased 11%. With less than a month’s supply of homes for sale, prices are likely to continue to appreciate, despite the typical slow-down in sales that occurs in the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Originally from Wisconsin, but a 25-year resident of Naples, Larry Lappin has been a Top Producing Agent at John R. Wood Properties for over 20 years, and consistently ranks in the Nation’s Top 100 Agents. Clients appreciate his detail-oriented approach, extensive market knowledge, and Wisconsin charm.

L A R RY L A P P I N R E A LT O R ®

The Earls-Lappin team, on which Larry is a partner, has received rankings by RealTrends and the Wall Street Journal of #1 in Naples, #1 in Southwest Florida, #1 Small Team in Florida, and #7 in the U.S.

FOR MARKET INFO, CONTACT L ARRY L APPIN AT 239.571.8247 L A R R Y@ L A R R Y L A P P I N . C O M

79


NAPLES LUXURY COMMUNITIES P E L I C A N B AY, B AY C O LO N Y, E S TAT E S AT B AY C O LO N Y

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W P E L I CA N B AY, B AY CO LO N Y, E STAT E S AT B AY CO LO N Y S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O RT 2 02 0 VS 2 02 1

PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

1 1 0.0% 8 7 -12.5% 10 15 +50.0%

$4,000,000 $10,000,000

2020 2021 % Change

6 21 +250.0%

2020 2021 % Change 2020 2021 % Change

1 2 +100.0% 26 46 +76.9%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

# ACTIVE

MSI*

0

0

1

0

2

0.4

3

0.9

1

9

7

0.9

AVG. SOLD PRICE

$925,000 $940,000 +1.6% $1,441,750 $1,597,143 +10.8% $2,952,500 $2,761,375 -6.5% $5,924,167 $6,123,333 +3.4% $14,700,000 $18,250,000 +24.1% $3,547,269 $4,752,840 +34.0%

T

he single-family home market in Pelican Bay, Bay Colony and the Estates at Bay Colony posted exceptionally strong growth in the first half of 2021, with nearly 77% year-overyear increase in number of sales and 34% increase in average sales prices, due in part to the increase in proportion of sales over $2 million. Inventory is very low, indicating that price appreciation will continue in the coming months.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

One of the most successful real estate agents not only in Naples, but in the United States, Bill Earls has been the top selling agent at John R. Wood Properties for the past 29 years and is consistently ranked in the top 50 real estate agents nationally by sales volume by the Wall Street Journal. Bill’s specialty is analysis of market trends and conditions in the Naples luxury real estate market, his deep understanding of which has resulted in decades of successful luxury and ultraluxury home sales.

BILL EARLS R E A LT O R ®

The Earls-Lappin team, on which Bill is a partner, has received rankings by RealTrends and the Wall Street Journal of #1 in Naples, #1 in Southwest Florida, #1 Small Team in Florida, and #7 in the U.S.

FOR MARKET INFO, CONTACT BILL E ARLS AT 239.777.6622 B I L L @ B I L L E A R L S .CO M

80


One of the largest exclusive enclaves in the area, with a variety of luxe neighborhoods and worldclass golf courses and amenities situated on over three square miles of nature preserve bordered by beautiful white-sand beaches, Pelican Bay and the neighborhoods at Bay Colony offer a secure, vibrant and luxurious community filled with opportunities for recreation.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W P E L I C A N B AY, B AY C O LO N Y, E S TAT E S AT B AY C O LO N Y M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1

PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

102 180 +76.5% 41 86 +109.8% 17 55 +223.5%

$4,000,000 $10,000,000

2020 2021 % Change

5 14 +180.0%

2020 2021 % Change 2020 2021 % Change

0 0 -% 165 335 +103.0%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# SOLD

# ACTIVE

MSI*

12

0.4

5

0.3

3

0.3

2

0.9

0

-

22

0.4

AVG. SOLD PRICE

$619,731 $665,750 +7.4% $1,463,207 $1,383,744 -5.4% $2,695,588 $2,702,091 +0.2% $6,370,000 $6,267,143 -1.6% $$-% $1,217,449 $1,418,483 +16.5%

T

he number of sales of multi-family homes in Pelican Bay and Bay Colony more than doubled in the first half of 2021 when compared to the same period in 2020. Average sales prices in the same period increased over 16%, which was a result of the substantial increase in sales in price points above $1 million. Extremely low inventory indicates that prices will continue increasing in the coming months, despite the usual summer decline in condominium sales.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Originally from Wisconsin, but a 25-year resident of Naples, Larry Lappin has been a Top Producing Agent at John R. Wood Properties for over 20 years, and consistently ranks in the Nation’s Top 100 Agents. Clients appreciate his detail-oriented approach, extensive market knowledge, and Wisconsin charm.

L A R RY L A P P I N R E A LT O R ®

The Earls-Lappin team, on which Larry is a partner, has received rankings by RealTrends and the Wall Street Journal of #1 in Naples, #1 in Southwest Florida, #1 Small Team in Florida, and #7 in the U.S.

FOR MARKET INFO, CONTACT L ARRY L APPIN AT 239.571.8247 L A R R Y@ L A R R Y L A P P I N . C O M

81


N A P L E S G O L F & G AT E D C O M M U N I T I E S GREY OAKS, MEDITERRA, PINE RIDGE, QUAIL WEST

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W G O L F & G AT E D C O M M U N I T I E S S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

# SOLD 1 5 +400.0% 45 52 +15.6% 35 75 +114.3%

$4,000,000 $10,000,000

2020 2021 % Change

9 29 +222.2%

2020 2021 % Change 2020 2021 % Change

0 1 -% 90 162 +80.0%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

0

0

2

0.2

11

0.9

8

1.7

1

6

22

0.8

AVG. SOLD PRICE

$720,000 $853,800 +18.6% $1,481,242 $1,582,042 +6.8% $2,676,182 $2,854,345 +6.7% $5,362,500 $5,512,109 +2.8% $$11,100,000 -% $2,325,608 $2,910,878 +25.2%

T

he Naples luxury Golf & Gated neighborhoods of Grey Oaks, Mediterra, Pine R idge, and Quail West saw remarkable rates of singlefamily market growth in the first half of 2021 when compared to that of 2020. The number of sales increased 80%, and average sale prices increased 25% with gains occurring at all price points. With less than a month’s supply of homes for sale, price increases are likely to continue.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

One of the most successful real estate agents not only in Naples, but in the United States, Bill Earls has been the top selling agent at John R. Wood Properties for the past 29 years and is consistently ranked in the top 50 real estate agents nationally by sales volume by the Wall Street Journal. Bill’s specialty is analysis of market trends and conditions in the Naples luxury real estate market, his deep understanding of which has resulted in decades of successful luxury and ultraluxury home sales.

BILL EARLS R E A LT O R ®

The Earls-Lappin team, on which Bill is a partner, has received rankings by RealTrends and the Wall Street Journal of #1 in Naples, #1 in Southwest Florida, #1 Small Team in Florida, and #7 in the U.S.

FOR MARKET INFO, CONTACT BILL E ARLS AT 239.777.6622 B I L L @ B I L L E A R L S .CO M

82


Close proximity to the culture, shopping, and dining opportunities of downtown Naples is coupled with the peace and leisure of private neighborhoods plus access to some of the best golf courses in Florida in these amenity-rich communities in what is consistently ranked as America’s happiest, healthiest city.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W G O L F & G AT E D C O M M U N I T I E S M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$1,000,000 $2,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$2,000,000 $4,000,000

2020 2021 % Change

# SOLD 19 42 +121.1% 6 24 +300.0% 4 9 +125.0%

$4,000,000 $10,000,000

2020 2021 % Change

0 0 -%

2020 2021 % Change 2020 2021 % Change

0 0 -% 29 75 +158.6%

Under $1,000,000

$10,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

2

0.3

0

0

1

0.7

0

-

0

-

3

0.2

AVG. SOLD PRICE

$549,263 $542,188 -1.3% $1,395,000 $1,359,938 -2.5% $2,659,375 $2,446,111 -8.0% $$-% $$-% $1,015,293 $1,032,339 +1.7%

T

he number of sales of multi-family homes in Grey Oaks, Mediterra, Pine Ridge and Quail West increased 158.6% during the first half of 2021 when compared to the same period in 2020. Average sales prices in the same period remained relatively stable, with an increase of less than 2%. Extremely low inventory indicates that price increases are likely to continue despite the typical slow-down in condominium sales in the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Originally from Wisconsin, but a 25-year resident of Naples, Larry Lappin has been a Top Producing Agent at John R. Wood Properties for over 20 years, and consistently ranks in the Nation’s Top 100 Agents. Clients appreciate his detail-oriented approach, extensive market knowledge, and Wisconsin charm.

L A R RY L A P P I N R E A LT O R ®

The Earls-Lappin team, on which Larry is a partner, has received rankings by RealTrends and the Wall Street Journal of #1 in Naples, #1 in Southwest Florida, #1 Small Team in Florida, and #7 in the U.S.

FOR MARKET INFO, CONTACT L ARRY L APPIN AT 239.571.8247 L A R R Y@ L A R R Y L A P P I N . C O M

83


VENICE

S O U T H S A R A S OTA C O U N T Y

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W V E N I C E S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 792 852 +7.6% 84 224 +166.7% 5 17 +240.0%

$2,000,000 $5,000,000

2020 2021 % Change

2 5 +150.0%

2020 2021 % Change 2020 2021 % Change

0 0 -% 883 1098 +24.3%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE 22

0.2

10

0.3

3

1.1

4

4.8

0

-

39

0.2

AVG. SOLD PRICE

$301,145 $337,756 +12.2% $615,477 $630,812 +2.5% $1,562,000 $1,309,744 -16.1% $2,590,000 $2,704,000 +4.4% $$-% $343,371 $423,366 +23.3%

T

h e nu mb e r of s i n g l e -fa mi l y h o m e s a l es i n Ve nic e i n c rea s ed ove r 24% du ri n g t h e f i rst ha l f of 2021 w h e n c o mp a red to t h e sa m e p e rio d l a st yea r. In t h e sa m e p e rio d , ave ra ge sa l es p ric es i n c rea s ed ove r 23% p a rt l y a s a result of t h e i n c rea s e i n nu mb e r of s a l es ove r $500,000. E xt re m e l y l ow i nve nto r y a n d st ro n g p ro j ec ted buye r d e ma n d i n d icates t hat p ric e i n c rea s es w i l l c o nt i nu e i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Originally from Boston, Victoria Stultz gained extensive business experience working with Fortune 500 companies in Cincinnati. After owning and managing a successful real estate franchise, Victoria relocated to Southwest Florida. Victoria is known for her strong negotiating skills and vibrant personality and has successfully represented sales up to $14.5 million. Her intimate knowledge of the real estate industry and intuitive understanding of her clients’ needs have enabled Victoria to be recognized as one of the top luxury estate agents in the Venice area, winning the Five Star professional real estate award eight years in a row. Victoria is passionate about her community, and serves on many nonprofit boards and committees including chair of the board of directors for the Venice Chamber of Commerce, South County Tiger Bay Club, Venice High School Foundation, Debutante of Sarasota and is a former board member of the Venice-Nokomis Rotary Club.

84

MSI*

V I C T O R I A ST U LT Z R E A L E S TAT E P R O F E S S I O N A L


Reflecting its namesake with Italian-style architecture and a web of creeks and canals, and boasting gorgeous beaches, miles of waterways, a variety of living communities, and a thriving arts and entertainment scene, Venice is a mecca for art, culture, and history in a beautiful tropical locale.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W V E N I C E M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 502 709 +41.2% 20 35 +75.0% 1 5 +400.0%

$2,000,000 $5,000,000

2020 2021 % Change

0 0 +-%

2020 2021 % Change 2020 2021 % Change

0 0 -% 523 749 +43.2%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

7

0.1

7

1.2

0

0

0

-

0

-

14

0.1

AVG. SOLD PRICE

$224,733 $255,005 +13.5% $609,208 $654,653 +7.5% $1,175,000 $1,286,200 +9.5% $$-%

T

he multi-family home market in Venice saw impressive growth in the first half of 2021, with over 43% year-over-year increase in number of sales and over 16% increase in average sales prices. Inventory is extremely low, indicating continued price increases in the coming months despite the typical slowdown in condominium sales during the summer.

$$-% $241,252 $280,564 +16.3%

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT VICTORI A STULTZ AT 941.387.5676

V I C T O R I A S T U LT Z . E V R E A L E S TAT E . C O M

85


S A R A S OTA M A I N L A N D LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W S A R A S OTA S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 806 943 +17.0% 77 230 +198.7% 31 81 +161.3%

$2,000,000 $5,000,000

2020 2021 % Change

12 33 +175.0%

2020 2021 % Change 2020 2021 % Change

0 6 -% 926 1293 +39.6%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE 56

0.4

32

0.8

14

1

11

2

5

5

118

0.5

AVG. SOLD PRICE

$274,590 $320,010 +16.5% $678,584 $668,301 -1.5% $1,434,915 $1,381,703 -3.7% $3,099,167 $2,853,128 -7.9% $$7,379,167 -% $383,632 $545,881 +42.3%

T

he Sarasota Mainland single-family home market posted extremely strong growth in the first half of 2021 when compared to the same period last year, with a 39.6% yearover-year increase in number of sales and a 42.3% year-over-year increase in average sale prices. Sales activity on Sarasota’s Mainland is expected to continue to remain strong during the Summer months. Extremely low inventory indicates that prices will continue to rise.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Comprehensive knowledge of the Sarasota area real estate market, strong business skills and an affinity for luxury properties have established Joel among the top 1% of realtors in the Sarasota area. He takes great pride in having marketed and successfully sold many of the Area’s most interesting properties – at all price points. After a professional career as an attorney and tax consultant both in Chicago and in Europe, Joel and his family moved permanently to the area in 2003. He could not think of a better place to live and raise a family. Joel and his team at the Schemmel Group are well known in the real estate industry and have set several sales records in addition to being the top producing team with the Sotheby’s affiliate in Sarasota every year since 2008. As the No. 1 Small Team by Sales Volume in Sarasota and Manatee Counties* in 2020, and with over $104 Million in Closed Sales for 2020 and $105 Million in Closed and Pending Sales already in 2021, the team's success representing luxury properties speaks for itself.

86

MSI*

JOEL SCHEMMEL SCHEMMEL GROUP


The arts and cultural gem of Florida’s West Coast, with the 2020 Tripadvisor’s Travelers’ Choice #1 ranked beach in the U.S., Sarasota is considered a premier destination for everyone considering a move to the Sunshine State.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W S A R A S OTA M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 541 841 +55.5% 110 168 +52.7% 83 62 -25.3%

$2,000,000 $5,000,000

2020 2021 % Change

11 119 +981.8%

2020 2021 % Change 2020 2021 % Change

0 21 -% 745 1211 +62.6%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

MSI*

AVG. SOLD PRICE

25

0.2

$202,921 $234,754 +15.7%

17

0.6

6

0.6

# ACTIVE

18

0.9

6

1.7

72

0.4

$754,710 $708,934 -6.1% $1,332,941 $1,436,298 +7.8% $2,461,390 $3,334,559 +35.9% $$6,740,516 -% $443,634 $780,457 +75.9%

T

he multi-family home market on the Sarasota Mainland posted astonishingly strong growth in the first half of 2021 when compared to the same period in 2020. The number of sales increased 62.6% and average sale price increased nearly 76%. Condominium sales activity is expected to experience its normal decline in the Summer. However, extremely low inventory levels should lead to additional price increases.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT JOEL SCHEMMEL 941.587.4894

J O E L . S C H E M M E L @ P R E M I E R S I R .CO M

87


S A R A S OTA B A R R I E R I S L A N D S S I E S TA K E Y, LO N G B O AT K E Y, C A S E Y K E Y, L I D O K E Y, B I R D K E Y, S A I N T A R M A N D ’ S K E Y

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W S A R A S OTA B A R R I E R I S L A N D S S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 9 4 -55.6% 79 72 -8.9% 63 159 +152.4%

$2,000,000 $5,000,000

2020 2021 % Change

45 126 +180.0%

2020 2021 % Change 2020 2021 % Change

2 31 +1450.0% 198 392 +98.0%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE 0

0

0

0

14

0.5

18

0.9

13

2.5

45

0.7

AVG. SOLD PRICE

$423,344 $428,000 +1.1% $749,930 $782,371 +4.3% $1,376,576 $1,400,701 +1.8% $2,995,679 $3,062,544 +2.2% $7,900,000 $6,997,369 -11.4% $1,517,093 $2,253,962 +48.6%

T

he Sarasota Barrier Islands saw nearly double the number of singlefamily home sales in the first half of 2021 when compared to the same period in 2020. The majority of the sales volume growth occurred above the $1 million price point. As a result of this increase, the average sale price year-over-year increased by a whopping 48.6%. This significant growth is expected to continue well into 2021, even as the weather warms in northern markets and vaccine availability lessens the impact of the COVID-19 pandemic. Extremely low inventory, coupled with steady demand, should lead to continued price appreciation.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Comprehensive knowledge of the Sarasota area real estate market, strong business skills and an affinity for luxury properties have established Joel among the top 1% of realtors in the Sarasota area. He takes great pride in having marketed and successfully sold many of the Area’s most interesting properties – at all price points. After a professional career as an attorney and tax consultant both in Chicago and in Europe, Joel and his family moved permanently to the area in 2003. He could not think of a better place to live and raise a family. Joel and his team at the Schemmel Group are well known in the real estate industry and have set several sales records in addition to being the top producing team with the Sotheby’s affiliate in Sarasota every year since 2008. As the No. 1 Small Team by Sales Volume in Sarasota and Manatee Counties* in 2020, and with over $104 Million in Closed Sales for 2020 and $105 Million in Closed and Pending Sales already in 2021, the team's success representing luxury properties speaks for itself.

88

MSI*

JOEL SCHEMMEL SCHEMMEL GROUP


Boasting one of the top-rated beaches in the country, Siesta Key, the Sarasota Barrier Islands are on their way to becoming one of the crown jewels of Florida. Compared to all other luxury and resort markets in the state, this area is undervalued and offers excellent investment opportunities. Waterfront properties offer spectacular sunsets, boating, fishing, water sports, and overall outstanding quality of life.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W S A R A S OTA B A R R I E R I S L A N D S M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 181 262 +44.8% 142 379 +166.9% 40 120 +200.0%

$2,000,000 $5,000,000

2020 2021 % Change

10 43 +330.0%

2020 2021 % Change 2020 2021 % Change

0 5 -% 373 809 +116.9%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

4

0.1

34

0.5

12

0.6

8

1.1

2

2.4

60

0.4

AVG. SOLD PRICE

$362,739 $379,371 +4.6% $680,961 $705,326 +3.6% $1,292,798 $1,338,539 +3.5% $3,414,000 $2,731,267 -20.0% $$5,450,000 -% $665,427 $830,696 +24.8%

T

he number of sales of multi-family homes on the Sarasota Barrier Islands increased an astonishing 116.9% during the first half of 2021 when compared to the first half of 2020, with growth occurring most significantly for properties sold for over $500,000. The average sale price in the same period increased a significant 24.8%. Extremely low inventory indicates that prices will continue rising in the coming months, despite the typical slow-down in condominium sales during the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT J OEL SCHEMMEL 941.587.4894

J O E L . S C H E M M E L @ P R E M I E R S I R .CO M

89


ANNA MARIA ISLAND/LAKEWOOD RANCH AREA A N N A M A R I A , B R A D E N TO N , B R A D E N TO N B E AC H , E L L E N TO N , F O R T H A M E R , L A K E W O O D R A N C H , PA L M E T T O

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W A N N A M A R I A I S L A N D/ L A K E WO O D R A N C H A R E A S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1

PRICE POINT

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

# SOLD 2303 2541 +10.3% 370 778 +110.3% 58 206 +255.2%

$2,000,000 $5,000,000

2020 2021 % Change

15 83 +453.3%

2020 2021 % Change 2020 2021 % Change

1 13 +1200.0%

4

1.8

$5,400,000 $7,152,692 +32.5%

2747 3621 +31.8%

231

0.4

$381,317 $543,278 +42.5%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

$297,899 $331,557 +11.3% $640,396 $652,868 +1.9% $1,407,148 $1,385,045 -1.6%

123

0.3

44

0.3

30

0.9

30

2.2

$2,497,128 $2,873,373 +15.1%

T

h e nu mb e r of sa l es of s i n g l e fa mi l y h o m e sa l es i n t h e No rt h Sa ra s ota a rea i n c rea s ed 31.8% du ri n g t h e f i rst ha l f of 2021 w h e n c o mp a red to a yea r ea rl ie r. Th e yea rove r-yea r ave ra ge sa l e p ric e i n c rea s e of 42.5% wa s du e i n l a rge p a rt to t h e s i g nif ica nt i n c rea s e i n p ro p o rt io n of sa l es ove r $500 t h ousa n d . W it h e xt re m e l y l ow i nve nto r y l eve l s a n d p ro j ec ted stea d y buye r d e ma n d , ave ra ge sa l es p ric es a re l i ke l y to c o nt i nu e to i n c rea s e du ri n g t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

Premier in the Manatee County real estate markets, The Soda Group is set apart by integrity, loyalty, sales acumen, true dedication to client service, and a deep familiarity with Sarasota’s best luxury communities and finest waterfront real estate. The team’s decades of combined luxury real estate success in Manatee County are complemented by Donna Soda’s creative excellence in marketing, social media, showings, and more and Jim Soda’s CIPS and ABR Designations. Consistently involved in record-breaking sales, team members have received several honors, with Jim Soda receiving the Prudential Chairman’s Circle Platinum Honors multiple years in a row at his previous company for being among the top 1% of agents worldwide.

90

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

T H E S O D A G RO U P R E A L E S TAT E P R O F E S S I O N A L S


The picturesque communities in Manatee County house a variety of lifestyle options alongside a generous slice of South Florida nature, culture, and history. From charming island towns to luxurious golf communities, Manatee County has something for anyone looking to invest, raise a family, or retire on the idyllic Gulf Coast of Florida.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W A N N A M A R I A I S L A N D/ L A K E WO O D R A N C H A R E A M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1

PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 1158 1770 +52.8% 89 188 +111.2% 3 25 +733.3%

$2,000,000 $5,000,000

2020 2021 % Change

0 3 -%

2020 2021 % Change 2020 2021 % Change

0 0 -% 1250 1986 +58.9%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

59

0.2

18

0.6

7

1.7

AVG. SOLD PRICE

$210,794 $235,460 +11.7% $629,679 $668,991 +6.2% $1,203,333 $1,382,840 +14.9%

2

$$2,781,667 -%

0

-

$$-%

85

0.3

$243,001 $294,788 +21.3%

1

T

he multi-family home market in the North Sarasota area saw an impressive 58.9% increase in number of sales in the first half of 2021 when compared to a year earlier. Average sales prices in the same period increased over 21%, with gains in every price category. Inventory is extremely low, indicating continued price increases in the coming months despite the fact that buyer demand is projected to experience its typical summer drop in activity

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT T HE SODA GROUP AT 941.961.5857

D O N N A S O DA @ G M A I L .CO M

91


SOUTHWEST ORLANDO

C E L E B R AT I O N , C H A M P I O N S G AT E , D I S N E Y A R E A , D O C T O R P H I L L I P S , L A K E B U T L E R , M E T R O W E S T, R E U N I O N , S O U T H W E S T O R L A N D O , W I N D E R M E R E

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W S O U T H W E ST O R L A N D O S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

# SOLD 1722 2460 +42.9% 384 1044 +171.9% 88 213 +142.0%

$2,000,000 $5,000,000

2020 2021 % Change

15 71 +373.3%

2020 2021 % Change 2020 2021 % Change

3 4 +33.3%

4

6

$6,330,000 $5,628,750 -11.1%

2212 3792 +71.4%

189

0.3

$435,597 $537,151 +23.3%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

T

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

h e s i n g l e -fa mi l y h o m e ma rket i n S out hwest Orl a n d o p o sted s i g nif ica nt g rowt h i n t h e f i rst ha l f of 2021. Sa l es vo lu m e i n c rea s ed ove r 71% yea r- ove ryea r. Ave ra ge sa l es p ric es i n t h e sa m e p e rio d i n c rea s ed ove r 23%, p a rt ia l l y du e to t h e s i g nif ica nt i n c rea s e i n sa l es vo lu m e at p ric e p o i nts b et wee n $500,000 a n d $5 mi l l io n .

$308,823 $337,404 +9.3% $653,111 $657,061 +0.6% $1,323,762 $1,387,579 +4.8%

58

0.1

78

0.4

28

0.8

21

1.8

$3,031,467 $2,856,677 -,5.8%

Inve nto r y l eve l s a re e xt re m e l y l ow, i n d icat i n g t hat p ric e i n c rea s es s h ou l d c o nt i nu e i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

A multi-million-dollar producer with an over-20year-long resume of success as a broker associate, Dan Natoli serves a distinguished Orlando clientele with unsurpassed discretion, market knowledge, personal service, and commitment to establishing enduring relationships. Since moving to Florida in 1996, Dan has owned and operated a real estate firm, a mortgage company, and an appraisal company with a combined 90 agents. He has extensive experience marketing and selling independent custom builders, developers, and investors’ projects along with high-end resale homes. He currently specializes in multi-million-dollar luxury home sales throughout the Orlando Metropolis with a network that continues to grow.

92

D A N N AT O L I R E A L E S TAT E P R O F E S S I O N A L


Home to two of the country’s best-known theme parks, Walt Disney World and Universal Studios, the Southwest Orlando area contains a range of communities, from the charming Disney-developed town of Celebration to the elegant suburbs of Windermere and Doctor Phillips.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W S O U T H W E ST O R L A N D O M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 723 1544 +113.6% 3 12 +300.0% 0 0 -%

$2,000,000 $5,000,000

2020 2021 % Change

0 0 -%

2020 2021 % Change 2020 2021 % Change

0 0 -% 726 1556 +114.3%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

92

0.4

1

0.5

0

-

AVG. SOLD PRICE

$161,780 $176,371 +9.0% $555,000 $611,708 +10.2% $$-%

-

$$-%

0

-

$$-%

93

0.4

$163,404 $179,729 +10.0%

0

T

he first half of 2021 was an extremely strong period for the multi-family home market in Southwest Orlando. The number of sales more than doubled year-over-year, and average sales prices in the same period increased 10% with significant gains at all price points. With extremely low inventory levels, prices are projected to continue increasing in the coming months despite the typical slowdown in condominium sales during the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT DAN NATOLI AT 407.749.6200

D P N AT O L I @YA H O O . C O M

93


SOUTHEAST ORLANDO

B E L L E I S L E , D I X I E B E L L E , E D G E W O O D , E N G E L W O O D PA R K , L A K E N O N A R E G I O N , M E A D O W W O O D S , S K Y L A K E , S O U T H E A S T O R L A N D O , V I S TA E A S T

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W S O U T H E A ST O R L A N D O S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000

YEAR 2020 2021 % Change 2020 2021 % Change

$1,000,000 $2,000,000

2020 2021 % Change

# SOLD 1206 1421 +17.8% 147 382 +159.9% 11 48 +336.4%

$2,000,000 $5,000,000

2020 2021 % Change

3 12 +300.0%

2020 2021 % Change 2020 2021 % Change

0 1 -% 1367 1864 +36.4%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE 51

0.2

18

0.3

12

1.5

h e s i n g l e -fa mi l y h o m e ma rket i n S out h ea st Orl a n d o s h owed i mp ress ive g rowt h du ri n g t h e f i rst ha l f of 2021, w it h sa l es vo lu m e i n c rea s i n g 36.4% yea rove r-yea r a n d ave ra ge sa l es p ric es i n t h e sa m e p e rio d i n c rea s i n g 24.4%.

$309,586 $337,491 +9.0% $634,032 $654,491 +3.2% $1,380,545 $1,352,146 -2.1%

1.5

0

0

$$5,100,000 -%

84

0.3

$358,777 $446,166 +24.4%

3

T

AVG. SOLD PRICE

$2,899,333 $2,671,734 -7.9%

W it h e xt re m e l y l ow i nve nto r y l eve l s , p ric es a re e xp ec ted to c o nt i nu e i n c rea s i n g i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

A multi-million-dollar producer with an over-20year-long resume of success as a broker associate, Dan Natoli serves a distinguished Orlando clientele with unsurpassed discretion, market knowledge, personal service, and commitment to establishing enduring relationships. Since moving to Florida in 1996, Dan has owned and operated a real estate firm, a mortgage company, and an appraisal company with a combined 90 agents. He has extensive experience marketing and selling independent custom builders, developers, and investors’ projects along with high-end resale homes. He currently specializes in multi-million-dollar luxury home sales throughout the Orlando Metropolis with a network that continues to grow.

94

MSI*

D A N N AT O L I R E A L E S TAT E P R O F E S S I O N A L


From quiet, secluded lakefronts to the trendy, vibrant community of Lake Nona, luxury estates in Southeast Orlando can be found in a range of settings for any desired lifestyle.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W S O U T H E A ST O R L A N D O M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

# SOLD 309 422 +36.6% 1 1 +0.0% 0 1 -%

$2,000,000 $5,000,000

2020 2021 % Change

0 0 -%

2020 2021 % Change 2020 2021 % Change

0 0 -%

0

-

$$-%

310 424 +36.8%

30

0.4

$138,434 $159,827 +15.5%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

$136,944 $156,367 +14.2% $599,000 $520,000 -13.2% $1,260,000 $-%

27

0.4

0

0

3

18

0

-

$$-%

T

he number of sales of multi-family homes in Southeast Orlando increased nearly 37% during the first half of 2021 when compared to the same period last year. Average sales prices in the same period increased over 15%. Inventory levels are extremely low, indicating that prices should continue to increase in the coming months despite the typical slowdown in condominium demand in the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT DAN NATOLI AT 407.749.6200

D P N AT O L I @YA H O O . C O M

95


NORTHWEST ORLANDO

A P O P K A , C O L L E G E PA R K , F O R E S T C I T Y, LO C K H A R T, H E AT H R O W, H I AW A S S E E , R O S E M O N T, P R I N C E T O N / S I LV E R S TA R , W E K I WA S P R I N G S

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W N O R T H W E ST O R L A N D O S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

# SOLD 1906 2020 +6.0% 188 381 +102.7% 22 68 +209.1%

$2,000,000 $5,000,000

2020 2021 % Change

2 5 +150.0%

2020 2021 % Change 2020 2021 % Change

0 2 -%

0

0

$$5,800,000 -%

2118 2476 +16.9%

133

0.3

$318,287 $396,000 +24.4%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

T

h e nu mb e r of sa l es of s i n g l e fa mi l y h o m es i n No rt hwest Orl a n d o i n c rea s ed n ea rl y 17% i n t h e f i rst ha l f of 2021 w h e n c o mp a red to t h e sa m e p e rio d l a st yea r. Ave ra ge sa l es p ric es i n t h e sa m e p e rio d i n c rea s ed n ea rl y 25%, w it h ga i ns at eve r y p ric e p o i nt .

$270,819 $301,537 +11.3% $666,031 $675,903 +1.5% $1,273,295 $1,290,623 +1.4%

81

0.2

32

0.5

13

1.1

7

8.4

$2,362,500 $2,901,800 +22.8%

W it h i nve nto r y l eve l s e xt re m e l y l ow, p ric es a re e xp ec ted to c o nt i nu e i n c rea s i n g i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

A multi-million-dollar producer with an over-20year-long resume of success as a broker associate, Dan Natoli serves a distinguished Orlando clientele with unsurpassed discretion, market knowledge, personal service, and commitment to establishing enduring relationships. Since moving to Florida in 1996, Dan has owned and operated a real estate firm, a mortgage company, and an appraisal company with a combined 90 agents. He has extensive experience marketing and selling independent custom builders, developers, and investors’ projects along with high-end resale homes. He currently specializes in multi-million-dollar luxury home sales throughout the Orlando Metropolis with a network that continues to grow.

96

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

D A N N AT O L I R E A L E S TAT E P R O F E S S I O N A L


Popular for its opportunities for outdoor recreation, the Northwest Orlando area houses a mix of eclectic small towns, aff luent suburbs, and urban neighborhoods scattered throughout a beautiful landscape of lakes, springs and land preserves.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W N O R T H W E ST O R L A N D O M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

# SOLD 303 461 +52.1% 0 1 -% 0 0 -%

$2,000,000 $5,000,000

2020 2021 % Change

0 0 -%

2020 2021 % Change 2020 2021 % Change

0 0 -%

0

-

$$-%

303 462 +52.5%

28

0.4

$133,991 $153,498 +14.6%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

$133,991 $152,399 +13.7% $$660,000 -% $$-%

28

0.4

0

0

0

-

0

-

$$-%

T

he first half of 2021 was a strong period for the multi-family home market in Northwest Orlando, with sales volume increasing over 52% yearover-year and average sales prices in the same period increasing over 14%. Inventory levels are very low, indicating that price increases should continue in the coming months despite the typical drop in condominium demand during the summer.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT DAN NATOLI AT 407.749.6200

D P N AT O L I @YA H O O . C O M

97


NORTHEAST ORLANDO A LTA M O N T E S P R I N G S , B A L D W I N PA R K , B E R T H A , G O L D E N R O D , L A K E M A R Y, M A I T L A N D , W I N T E R PA R K , W I N T E R S P R I N G S

LUXU RY S IN GLE-FA MILY HOMES M A R K E T O V E R V I E W N O R T H E A ST O R L A N D O S I N G L E - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

# SOLD 1719 1825 +6.2% 232 476 +105.2% 60 139 +131.7%

$2,000,000 $5,000,000

2020 2021 % Change

15 38 +153.3%

2020 2021 % Change 2020 2021 % Change

0 0 -%

1

-

$$-%

2026 2478 +22.3%

148

0.4

$391,113 $486,662 +24.4%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

$299,883 $328,399 +9.5% $663,869 $664,494 +0.1% $1,339,519 $1,350,452 +0.8%

65

0.2

44

0.6

27

1.2

11

1.7

$2,833,900 $2,700,230 -4.7%

T

h e s i n g l e -fa mi l y h o m e ma rket i n No rt h ea st Orl a n d o p o sted st ro n g g rowt h i n t h e f i rst ha l f of 2021, w it h ove r 22% yea r- ove r-yea r i n c rea s e i n nu mb e r of s a l es. Ave ra ge sa l es p ric es i n t h e sa m e p e rio d i n c rea s ed ove r 24%, p a rt l y a s a result of t h e i n c rea s e i n sa l es vo lu m e ab ove t h e $500,000 p ric e p o i nt . W it h e xt re m e l y l ow i nve nto r y l eve l s , p ric e ap p rec iat io n is p ro j ec ted to c o nt i nu e i n t h e c o mi n g m o nt hs.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

A lifelong resident of Winter Park, Sam Hillman is a multi-milliondollar producer specializing in Orlando real estate.

SAM HILLMAN R E A LT O R ®

After graduating Cum Laude from Florida State University with a degree in Finance, Sam began his career as a Business Analyst in the Automotive Lending industry. After five years, he joined Fannie Hillman in 2014 and began his real estate career. Sam is known for his deep familiarity with the Orlando area and his consistent high level of service to his clients.

98


Vibrant, family-friendly, steeped in history and bursting with arts and culture, the Northeast Orlando area is known especially for scenic, tree-filled parks and top-rated, cosmopolitan restaurants.

LUXURY CONDO / TOWNHOMES K EVTE O VIEW LUXU RY MU LT I-FA MILY HOMES M A R KMEATR O RV VEI ER W N O R T H E A ST O R L A N D O M U LT I - FA M I LY H O M E S M I D -Y E A R R E P O R T 2 0 2 0 V S 2 0 2 1 PRICE POINT

$500,000 $1,000,000 $1,000,000 $2,000,000

2020 2021 % Change

# SOLD 437 682 +56.1% 18 34 +88.9% 3 9 +200.0%

$2,000,000 $5,000,000

2020 2021 % Change

2 6 200.0%

2020 2021 % Change 2020 2021 % Change

0 0 -%

0

-

$$-%

460 731 +58.9%

40

0.3

$207,083 $241,725 +16.7%

Under $500,000

$5,000,000 + TOTALS * Months' Supply of Inventory

# ACTIVE

MSI*

AVG. SOLD PRICE

YEAR 2020 2021 % Change 2020 2021 % Change

$164,166 $186,332 +13.5% $752,472 $670,226 -10.9% $1,732,667 $1,395,556 -19.5%

33

0.3

5

0.9

0

0

2

2

$2,387,500 $2,379,167 -0.3%

T

he number of sales of multi-family homes in Northeast Orlando increased nearly 60% during the first half of 2021 when compared to the same period last year. Average sales prices during the same period increased close to 17% as a result of the increase in sales volume above the $500,000 price point. Inventory levels are extremely low, indicating that price appreciation should continue in the coming months despite the typical summer slowdown in condominium demand.

Information provided by MLS from January 1, 2021 through June 30, 2021 deemed reliable but not guaranteed.

FOR MARKET INFO, CONTACT S A M HILL MAN AT 321.331.6758

S A M @ FA N N I E H I L L M A N .C O M

99


AG E N T I N D E X 14 34 24 59 16 48 73 60 22 72 50 18 20 19 98 23 32

ACOSTA, SEBASTIAN | One Sotheby’s | Miami Downtown, Miami Islands, Miami Beach Condos sacosta@onesothebysrealty.com | 305.244.6222 | sebastianacosta.com ANDERSON, TINA | One Sotheby’s | Jupiter Island, Palm Beach Gardens, West Palm Beach tanderson@onesothebysrealty.com | 561.379.8220 BLOOM, MICHAEL & BLOOM HAYM, MELANIE | Douglas Elliman | West Boca Communities melanie@michael-bloom.com | 561.212.2388 & 561.289.2036 | www.michael-bloom.com BRINKERHOFF, VANCE | Coldwell Banker Paradise | Vero Beach Mainland Condos vanco2@msn.com | 772.778.2029 CARROLL, CHAD | Compass | Miami Beach Single-Family 305.400.9507 | thechadcarrollgroup.com CHESKATY, KRISTEN | Sailfish Point Realty | Sailfish Point k.cheskaty@sailfishpoint.com | 772.225.6200 COLLINS, PHIL | William Raveis | Port Royal, Olde Naples phil.collins@raveis.com | 239.404.6800 | www.naplesluxuryproperties.com DANDRIDGE, STEPHANIE MOSS | One Sotheby’s | Brevard Barrier Islands, Melbourne Area stephaniedandridge@smdluxuryre.com | 321.243.1218 | stephaniedandridge.onesothebysrealty.com D’ANGELO, CARMEN & LIGUORI, GERARD & LIGUORI, JOSEPH | Premier Estate Properties East Boca Raton, Highland Beach & Hillsboro Beach Single-Family joe@premierestateproperties.com | 866.281.6420 EARLS, BILL | John R. Wood Properties | Naples Luxury Communities bill@billearls.com | 239.777.6622 ELLINGSON, BLAINE “DOC” | One Sotheby’s | Stuart/Hobe Sound doc.ellingson@sothebysrealty.com | 772.229.2929 ELMES GROUP | Compass | Fort Lauderdale Beach Single-Family tim@elmesgroup.com | 954.300.9898 FELDMAN, JACKIE & PENNIMAN, GERI | Premier Estate Properties | Royal Palm Yacht & Country Club jackie@premierestateproperties.com | 561.400.2156 gpenniman@premierestateproperties.com | 561.212.3888 GIUSTI, GIANPIERRE | Coldwell Banker | Fort Lauderdale Beach Condos gianpierre@mezagroup.com | 954.802.8525 HILLMAN, SAM | Fannie Hillman | Northeast Orlando sam@fanniehillman.com | 321.331.6758 KARP, SCOTT & WELLS, MICHAEL | Premier Estate Properties East Boca Raton, Highland Beach & Hillsboro Beach Condos scot@premierestateproperties.com / michael@premierestateproperties.com | 561.441.7902 / 561.445.5877 KOCH, DANA | Corcoran | Palm Beach Island dana.koch@corcoran.com | 561.379.7718


77 26 40 12 68 66 30 28 92 54 56 57 38 52 86 90 84 70 64

LAPPIN, LARRY | John R. Wood Properties | Naples Luxury Communities larry@larrylappin.com | 239.571.8247 LIGUORI, PAT & ANTONIO | Premier Estate Properties Delray Beach, Manalapan, & Ocean Ridge Over $1 Million pascal@premierestateproperties.com | 561.320.3109 MACGREGOR, MEIKE & NUGENT, JOHN | Compass | Singer Island, Jupiter/Tequesta, Juno Beach meike@compass.com & nugent@compass.com | 561.818.1168 & 561.301.3371 MARTINEZ, MICHAEL | One Sotheby's | Miami Suburbs mmartinez@michaelmartinezrealtor.com | 305.979.9367 MARTIN FAULKNER, JENNIFER | Douglas Elliman | Jacksonville Beaches, Jacksonville Area jennifer.martinfaulkner@elliman.com | 904.524.6000 MARTIN - FISHER, KIM | Douglas Elliman | Jacksonville Beaches, Jacksonville Area kim.martin-fisher@elliman.com | 904.699.9993 MENDELSOHN, MARIA | Douglas Elliman | Equestrian Communities maria@mariamendelsohn.com | 561.758.1605 MUSA, EVAN | Premier Estate Properties | Boynton Beach evan@premierestateproperties.com | 561.926.2742 NATOLI, DAN | Corcoran | Southwest Orlando, Southeast Orlando, Northwest Orlando dpnatoli@yahoo.com | 407.749.6200 OCHSE, DANIEL | Coldwell Banker Paradise | Hutchinson Island daniel.ochse@cbparadise.com | 772.633.8200 O’DARE, CINDY & BOGA, RICHARD | Premier Estate Properties | Vero Beach Island Single-Family cindy@premierestateproperties.com | 772.713.5899 PUERNER, MARA | Dale Sorensen | Vero Beach Mainland Single-Family, Vero Beach Island Condos mara@sorensenrealestate.com | 772.475.3431 REBACK TEAM | Reback Realty | Lost Tree, Old Palm/Seminole reback.david@gmail.com | 561.627.0077 RODRIGUEZ, CHRIS & KAY | Lang Realty | Port St. Lucie pslrealestatecr@gmail.com | 772.486.2126 SCHEMMEL GROUP | Premier Sotheby’s International | Sarasota Barrier Islands, Sarasota Mainland joel.schemmel@premiersir.com | 941.587.4894 SODA GROUP | Premier Sotheby’s International | North Sarasota Area donnasoda@gmail.com | 941.961.5857 STULTZ, VICTORIA | Engel & Volkers | Venice 941.387.5676 | victoriastultz.evrealestate.com THOMAS, MICHELLE | Premier Sotheby’s International | Marco Island michelle@naples.com | 239.860.7176 WELLER TEAM | EXP Realty | Coastal Volusia County debbie@thewellerteam.com & aaron@thewellerteam.com | 386.547.8586



CONTACT For a digital copy of the information presented in The Florida Report or more detailed information on a specific luxury market or information on a luxury market not represented in this publication, please contact Joseph McAuliffe at The Luxury Real Estate Hedge Fund Alliance at 386-316-9940 or joe@lrehfa.com.

INFORMATION IN THE FLORIDA REPORT WA S OBTAINED FROM MULTIPLE LISTING SERVICES IN EACH AREA . INFORMATION HEREIN IS DEEMED RELIABLE , BUT IS NOT WARRANTED AND IS SUBJEC T TO ERROR S, OMISSIONS OR CHANGES WITHOUT NOTICE . THE FLORIDA REPORT IS THE EXCLUSIVE PROPERT Y OF THE LUXURY REAL ESTATE HED GE-FUND ALLIANCE . ALL RIGHTS ARE RESERVED. DUPLICATION IN WHOLE OR IN PART IS STRIC TLY PROHIBITED.


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