787 5th Ave. South Naples, FL 34102 Each office independently owned and operated.
GAYLE SATCHER, P.A. REALTOR®, Certified Luxury Home Marketing Specialist™
239.450.4828 gayle@gaylesatcher.com www.GayleSatcher.com
Naples NOVEMBER 2019 | Monthly Market Update
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2019
IT’S TIME TO MAKE YOUR DREAM HOME A REALITY Interest rates are at an all-time low, and buyers for your home are ready, willing, and able.
3.99% DECADE 1970s 1980s 1990s 2000s 2010s
Average 30-Year Fixed Interest Rate as of October 22nd, 2019 Offered rates ranging from 3.00% to 7.84%
LOWEST 30-YEAR FIXED INTEREST RATE
HIGHEST 30-YEAR FIXED INTEREST RATE
7.23% (1972) 9.03% (1987) 6.49% (1998) 4.71% (2009) 3.31% (2012)
12.90% (1979) 18.63% (1981) 10.67% (1990) 8.64% (2000) 5.21% (2010)
CURRENT 15-YEAR FIXED INTEREST RATE: 3.54% PREPA RED ESPECI A LLY FO R
Dear Future Friends and Neighbors, Lower interest rates means that NOW is the time to act! Call 239.450.4828 to get your home sold then move into your next dream home! https://www.valuepenguin.com/mortgages/historical-mortgage-rates https://www.valuepenguin.com/mortgages/average-mortgage-rates
FUTURE FRIENDS AND NEIGHBORS
P RES EN T ED BY GAY L E S AT C H ER Your Naples Real Estate Specialist
NAPLES
GAYLE SATCHER, P.A. REALTOR®, Certified Luxury Home Marketing Specialist™
239.450.4828 gayle@gaylesatcher.com www.GayleSatcher.com
Monthly Report
SINGLE FAMILY HOMES
SEPTEMBER 2018 TO SEPTEMBER 2019 MARKET TREND Median Sales Price
$482,500
$465,000
INTELLIGENT REAL ESTATE
FEATURED NAPLES LISTINGS
262
225 Sep-18
Oct-18
$485,000
$492,500
245
238 Nov-18
Dec-18
211 Jan-19
2 ,486
1,858
2 ,274
Mar-19
August 2019
1,876
VARIANCE:
1%
August 2019
7579 Winding Cypress Drive 3 Beds+Den, 2 Baths | 2,177 Est. Sq. Ft. Offered for $560,000
217
$
2365 Hidden Lake Drive #10 - Beautiful Turnkey End-Unit Condo with Gorgeous Wood Views and Water Feature. 1-Car Garage.
5091 Sycamore Drive - Renovated 4 Beds/4 Baths with Separate 1266 Cobia Court 4 Beds, 6 Baths | 3,972 Est. Sq. Ft. Offered for $3,895,000
May-19
1 ,876
1 ,858
318 Jul-19
$270,000
283
248
Aug-19
Sep-19
95.92%
Sep-18
315
$255,000
Oct-18
341
323 Nov-18
September 2019
76
79
VARIANCE: 4 %
SEPTEMBER 2018 TO SEPTEMBER 2019 MARKET TREND
$263,000
$270,000
3 ,419
3 ,099 2 ,029
DAYS ON MARKET August 2019
VARIANCE: 0.87 %
Dec-18
278 Jan-19
Inventory $289,000
2 ,939
2 ,543
2 ,466
2 ,277
485k
$
VARIANCE: 7 %
September 2019
95.79%
1%
$264,000
455k
$
2 ,872
501
256 Feb-19
$276,500
Mar-19
Solds $270,500
2 ,762
654
Apr-19
$267,000
2 ,551
564 May-19
$247,500
2 ,333
419 Jun-19
$250,000
2 ,306
2 ,305
387 Jul-19
$249,000
369 Aug-19
317 Sep-19
MEDIAN DATA INVENTORY August September 2019 2019
2,305
2,306
August 2019
SOLDS September 2019
369
317
VARIANCE: 0.04 %
VARIANCE: 14 %
6590 Trail Boulevard - Stunning Residential Lot on 1.5 Acres
SALE PRICE PER SQ. FT. *
SALE TO LIST PRICE RATIO
August 2019
163
$
Future Friends and Neighbors, For more information on these magnificent properties, or to have your home professionally marketed, call me today at 239.450.4828.
Jun-19
$485,000
$455,000
SALES PRICE August September 2019 2019
Guest Suite with Private Entrance on 2.73 acres in Logan Woods. No HOA Fees.
with Lake View in Pine Ridge Estates. Build your Dream Home!
318
248
August 2019
223
VARIANCE:
325
Be in-the-know before they hit the MLS!
428
376
$456,000
1 ,927
SALE TO LIST PRICE RATIO
September 2019
$
$247,400
COMING SOON
2 ,095
SOLDS September 2019
Median Sales Price
4966 Bollard Court 3 Beds+Den, 3 Baths | 2,451 Est. Sq. Ft. Offered for $750,000
$480,000
VARIANCE: 12 %
CONDOS & VILLAS
390 31st Street SW 4 Beds, 4 Baths | 4,663 Est. Sq. Ft. Offered for $739,000
2 ,257
Apr-19
283
SALE PRICE PER SQ. FT. *
7116 Lily Way 2 Beds+Den, 2 Baths | 1,685 Est. Sq. Ft. Offered for $575,000
$487,500
341
175
Solds
$560,500
MEDIAN DATA INVENTORY August September 2019 2019
6846 Lantana Bridge Road #203 3 Beds, 2 Baths | 2,066 Est. Sq. Ft. Offered for $335,000
$505,000
Feb-19
by Gayle Satcher | Call for a Private Tour!
25140 Sandpiper Greens Court #201 3 Beds, 2 Baths | 1,675 Est. Sq. Ft. Offered for $325,000
$515,000
2 ,766
2 ,475
2 ,062
2 ,020
1 ,830
1 ,669
$495,000
Inventory
August 2019
$
167
VARIANCE: 2 %
August 2019
95.56%
September 2019
95.87%
VARIANCE: 0.31 %
SALES PRICE August September 2019 2019
250k
$
249k
$
VARIANCE: 0.4 % DAYS ON MARKET August 2019
86
September 2019
85
VARIANCE: 1 %
*Square foot table does not account for listings and solds where square foot data is not disclosed.