February 26, 2012
This Week’s Featured Luxury Listing
Estates At Bay Colony
9663 Mashie Court Magnificent estate home secluded on double lakefront estate site, 15,247 square foot of living area. 7 BR suites, study, conference room, billiards room, gourmet kitchen, home theatre and more MLS# 212000686
$9,900,000
8+Den BR, 10 BA
Bill Earls
239-777-6622
Monthy Market Report - January 2012 (N aples /B onita S prings /E stero A rea )
In this month’s John R. Wood Market
Report,
closed
sales
units are up 5% during the prior 12 months (2/1/11 – 1/31/12). Additionally, sales volume is up 7.5% during this same period.In the luxury home market, units priced at $1,000,000 and above, closings are up 10% over the past 12 months. January 2012 pended sales priced below $250,000 have dropped 14% from this time last year. Pended sales remained brisk in January with almost 1,400 units, the highest level since April 2011. The number of properties placed on the market in January was the lowest for the month since 2005. Available inventory on February 1, 2012 stands at 8,181 units (4,404 condominiums and 3,777 single family homes). Additionally, more neighborhoods are experiencing less than a one-year supply of homes for sale. Overall, available inventory represents a 22% decrease from February 1, 2011 and is approximately a nine-month supply.
This Week’s Featured Neighborhoods Pelican Bay
West Bay Club
Collier’s Reserve
Grey Oaks
Pelican Bay is a Westinghouse community consisting of 2,100 acres at the north end of Naples. It has achieved fame throughout the U.S. as the recipient of numerous environmental, landscaping and architectural awards for outstanding design.
Encompassing nearly 870 acres, 500 of which are wetlands and nature preserve, and bounded by Estero Bay, Estero River and Halfway Creek. Nestled west of U.S. 41 in Bonita Springs, its fantastic location, superb amenities, and sense of community are a winning combination. If the beach is your ideal environment, West Bay’s Beach House is situated on the famed Hickory Island offering 200 feet of pristine Gulf beachfront.
Collier’s Reserve is a gated, residential community of 224 single-family homes nestled peacefully along the Cocohatchee River, one of Southwest Florida’s most scenic waterways. Located just two miles from the Gulf of Mexico and four miles from I-75, the club resides in a lively North Naples neighborhood that offers an array of upscale shops and restaurants just outside the gates.
While clearing ground for Grey Oaks Country Club, an ancient Southern Pine was discovered in the middle of the 8th fairway, where it remains to oversee this classic golf club and residential community. Grey Oaks is a gated neighborhood, with three 18-hole golf courses.
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
$225,000 - $6,575,000
$279,900 - $1,999,999
$1,000,000 - $1,985,000
$595,000 - $7,900,000
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