787 5th Avenue South | Naples, FL 34102
LUXURY REAL ESTATE MARKET REPORT
NAPLES ESTATES
PAU L G R A F F Y
REALTOR® and NEIGHBOR
239.273.0403
JULY 2019
E: PGraffy@JohnRWood.com www.NorthNaplesPrivateEstates.com
N A P L E S E S TAT E S 2019 MID-YEAR REVIEW AVERAGE
AVERAGE
In 2019
In 2019
$1,580,534 Average Sold Price
Low: $370,000 High: $7,500,000
$387
Average Price Per Sq. Ft.
Low: $137 High: $838
Average Days on Market
Avg. Sold Price/ List Price Ratio
Number of Homes Sold
95
91.6%
22
LOW: 0 HIGH: 337
-0.9% LESS THAN IN 2018
2 MORE THAN 2018
Reflects data from the SWFLMLS from January 1st to June 30th, 2018-2019. Deemed accurate but not guaranteed.
J O N AT H A N A N D A N G E L A - M A R I E ,
Introducing
12579 COLLIERS RESERVE DRIVE 3 B E D S+D E N | 4 B AT H S | 3,776 S Q. F T. O F F E R E D AT $1,725,000 PREPARED ESPECIALLY FOR
JONATHAN AND ANGEL A-MARIE WILLIAMS
This statistical analysis represents the average comparisons of 2019 over 2018 for your community. For an in-depth analysis of your home’s value, call me today at 239-273-0403 for a complimentary evaluation. PRESENTED BY
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2019
PAU L G R A F F Y
YOUR NAPLES ESTATES REALTOR* AND NEIGHBOR
N A P L E S E S TAT E S
PAU L G R A F F Y
REALTOR® and NEIGHBOR
CURRENT MARKET ACTIVITY
239.273.0403
E: PGraffy@JohnRWood.com www.NorthNaplesPrivateEstates.com
ACTIVE HOMES PRICE RANGE
A WORD FROM PAUL GRAFF Y Balance and stability continue to define the combined Naples, Bonita, Estero, and Marco Island real estate market. With 7.32 months of inventory, the relationship between supply and demand remains in check. Sales during the months of April and May were brisk, outpacing those of last year by 9% and 8%, respectively. Year-to-date sales are now on par with those of this time last year, closing the 15% gap posted at the end of February. Closed sales over the past 12 months exceed those of the previous period by 4.7%. Average and median prices for sales over the past 12 months remain stable, posting no appreciable change when compared with the preceding 12-month period. I never get tired of informing you that John R. Wood Properties remains in the top position, not only in the combined Naples, Bonita, Estero, and Marco Island market, but also in Southwest Florida as a whole! There is so much going on here during the off-season. The intersection of 3rd Avenue South at 8th Street South will be CLOSED beginning Monday, July 8th, for approximately two months for roundabout construction. 8th Street South, north of 3rd Avenue South and south of Central Avenue, will remain CLOSED for utility improvements. Closure should last approximately through August. The Mystique condo in Pelican Bay has received a temporary Certificate of Occupancy. The Naples Beach Hotel redevelopment project has gained final
approval from the City of Naples and Collier County. The former Ooh La La store on Neapolitan and 41 has been transformed into a new First Watch restaurant. The new Ritz garage is making visible progress. The Baker Museum, The Apple Store at Waterside, and the massive Oakes Farms Market on the corner of Immokalee & Livingston will all open in November. Third Street Plaza will be razed in September to make way for a new boutique hotel. Also in September, the former Sears in Coastland Mall will be razed to make way for a new high-end theatre/dining complex. K-Rico’s Mexican Grill has opened at Bayfront where Roy’s used to be. And there is a lot going on at Waterside Shops. Besides the new Apple Store there will be a restaurant (TBA) going in, PELOTON fitness center will be going in between True Food Kitchen and Lilly Pulitzer, Rolex will be taking over the DeBeers spot, J. Jill will be opening in the Nordstrom’s wing, SEPHORA will be opening next to Pottery Barn, Perserico has been replaced by Tourneau watches, Bulgari Jewelry will be where Starbucks once was, and the new Louis Vuitton is taking shape quickly. Finally, The Naples Players under director/choreographer Dawn Lebrecht and music director Charles Fornara have hit it out of the ballpark, again, with a fantastic production of Mamma Mia, the ABBA musical. It is silly, hilarious fun, and exceptionally well sung and danced. Don’t miss it. Box Office: 239.263.7990.
- Paul Graffy
PAUL IS PASSIONATE ABOUT SUCCESS T O P 1/2 O F T O P 1%
The Wall Street Journal
TOP 50 AGENTS
SouthWest Florida
19 YEARS OF REAL ESTATE SERVICE IN NAPLES 128 SUCCESSFUL SALES
$245+ MILLION IN SALES
D E D I C AT E D C O M M U N I T Y M E M B E R Committed to the local arts, animal rights, nature & conservation, the disadvantaged & elderly in Immokalee, and many local charities.
40
$388,500$7,880,000
3
ACTIVE HOMES
21
PENDING HOMES
SOLD HOMES
LAST 5 MONTHS
HOMES SOLD IN THE LAST 5 MONTHS HOME SUBDIVISION STATUS NAME
STREET ADDRESS
# BEDS
# BATHS
EST. SQ. FT.
SOLD PRICE
SOLD DATE
Sold
Cocohatchee Estates
325 Cocohatchee Boulevard
4
2.0
3,618
$950,000
03/11/19
Sold
Four Seasons
1910 Curling Avenue
4
3.0
2,748
$595,000
06/03/19
Sold
Four Seasons
1190 Silver Sands Avenue
3
2.0
2,241
$700,000
05/31/19
Sold
Four Seasons
10617 Winterview Drive
4
3.0
2,697
$370,000
05/15/19
Sold
Four Seasons
10111 Winterview Drive
4
3.1
3,766
$972,500
04/05/19
Sold
Four Seasons
10436 Winterview Drive
3
2.0
2,255
$565,000
03/22/19
Sold
Pine Ridge
6762 Trail Boulevard
3
3.2
3,250
$1,434,000
06/26/19
Sold
Pine Ridge
172 Hickory Road
4
3.0
2,450
$855,000
06/19/19
Sold
Pine Ridge
494 Gordonia Road
3
2.0
2,307
$1,200,000
06/11/19
Sold
Pine Ridge
607 Myrtle Road
3
2.0
1,834
$1,175,000
05/31/19
Sold
Pine Ridge
122 Caribbean Road
6
5.2
5,500
$2,620,000
05/17/19
Sold
Pine Ridge
367 Ridge Drive
5
5.1
9,201
$7,500,000
05/10/19
Sold
Pine Ridge
172 Cajeput Drive
5
4.1
5,226
$2,000,000
04/08/19
Sold
Pine Ridge
400 Carica Road
3
3.0
4,605
$825,750
04/03/19
Sold
Pine Ridge
146 Myrtle Road
4
2.0
2,570
$1,055,000
03/15/19
Sold
Pine Ridge
675 West Street
4
4.1
5,800
$2,275,000
03/15/19
Sold
Pine Ridge
6540 Trail Boulevard
3
3.0
1,940
$860,000
03/01/19
Sold
Pine Ridge
655 West Street
5
4.1
4,000
$3,350,000
02/28/19
Sold
Quail Woods Estates
9020 The Lane
5
3.1
4,754
$1,090,000
05/17/19
Sold
Stonegate At Crossings
6735 Stonegate Drive
5
3.1
4,558
$1,707,000
03/11/19
Sold
Stonegate At Crossings
6676 Stonegate Drive
5
5.0
5,700
$1,690,000
03/01/19
Paul Graffy and John R. Wood Properties are not in any way affiliated with Naples Estates Owners Association, nor is this in any way an official advertisement or publication of Naples Estates. ©2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the SWFLMLS from February 2nd through June 30th, 2019. Listings and sales may not be those of John R. Wood Properties. The SWFLMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.