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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.

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