January 1, 2012
This Week’s Featured Luxury Listing
Park Shore
363 Neptunes Bight Fabulous waterfront living on Venetian Bay. Venetian plaster walls, marble floors, custom cabinets, fireplace and volume coffered ceilings with faux finish detail. Volume windows and doors allow full appreciation and enjoyment of the amazing water views! 2 boat slips and boat docks. MLS# 211510796
$3,600,000
5+Den BR, 5 BA
Patrick Dearborn 239-877-4340
Up To Date Market Report For 2011 (N aples /B onita S prings /E stero A rea )
The number of closed sales year-todate is up 6% over the same period 2010, and at its highest level since 2005. Volume of sales year-to-date is up 8% over same period last year and comparable to 2006 levels. Median sales price is up 5.5% from its 2009 low, but well below the highs of 2007 and 2008. Pended sales for the month of October were the third highest for the month in the past 12 years. October 2011 sales showed a 10% increase over September. Pended sales above $1 million are up 7% through October, with the $2 - $5 million segment up 11%, and over $5 million approximately the same as 2010. The number of new properties placed on the market in October is down 24% from October 2010, and the lowest for the month since 2005. Available inventory in the Naples, Bonita Springs, and Estero markets stands at 7,671 units (4,189 condominiums and 3,482 single family homes). This represents a 24% decline from November 1, 2010. Current inventory stands at approximately a nine month supply.
This Week’s Featured Neighborhoods Bay Colony
Gordon Drive
Shadow Wood
Pelican Sound
Bay Colony, located within Pelican Bay in North Naples, is a private, intimate neighborhood that offers luxurious highrise condominiums and grand estate homes steps from the Gulf of Mexico. Mangrove forests and pristine beaches border this exceptional community.
The Gordon Drive area is one of the most beautiful sections of Naples. Located adjacent to the magnificent Port Royal enclave, it contains some of the finest single-family estates in the area. Gordon Drive is the single entry to the area, thus creating excellent security and privacy for residents.
Part of “The Brooks” planned development by The Bonita Bay Group, and situated right in the heart of the rapidly growing Bonita/Estero area, Shadow Wood is a private membership golf community. Members can enjoy 54 holes of championship, a world class tennis facility, state of the art fitness center and a private beach club.
Pelican Sound is the only private, ‘bundled golf’ community west of US 41, and offers 27 holes of championship golf, and direct access to the Gulf of Mexico. Amenities include 2 clubhouses, tennis, 6 pools, fitness center and biking and nature trails. Located just north of Bonita Springs and Naples, Pelican Sound is just minutes away from great shopping, gourmet dining, and the SWFL International Airport.
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
$975,000 - $9,900,000
$399,900 - $12,900,000
$219,000 - $1,879,000
$139,000 - $675,000
The source of this real property information is the copyrighted and proprietary database compilation of Sunshine MLS, LLC. Copyright 2010 Sunshine MLS, LLC. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
Find out more info on each Neighborhood at: www.JohnRWood.com/neighborhood