November 27, 2011
This Week’s Featured Luxury Listing
Grey Oaks
2355 Alexander Palm Drive One of Naples’ most sought after golf course communities & only 12 minutes to popular downtown 5th Ave & 3rd St shopping, restaurants & beaches! This magnificent home has a sense of spaciousness with it’s desired oversized island granite kitchen/open family room floorplan. Lake & golf (54 holes) views. MLS# 211503935
$1,999,000
3+Den BR, 4 BA
Mitch & Sandi Williams 239-370-8879
Monthly Market Report - October 2011 (N aples /B onita S prings /E stero A rea )
YTD LISTED
YTD PENDED
YTD CLOSED
The number of closed sales yearto-date is up 6% over the same period in 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 Collier’s Reserve
Bonita Bay
Gulf Shore Blvd.
The Moorings
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.
The award winning Bonita Bay community boasts 2,400 acres dedicated to maintaining the natural beauty of Southwest Florida. From the moment you drive through the guarded gateway, a sense of harmony between man and nature is evident. Bonita Bay features five championship golf courses.
Every community has a special attraction unique to the city. Naples has the Pier at the south end, the RitzCarlton to the north, and fabulous Gulf Shore Boulevard in between. Taking a drive up The Boulevard is an enchanting experience.
The Moorings / Coquina Sands neighborhoods are centrally located, stretching from US 41 to the Gulf of Mexico. Much of the area is waterfront, especially in The Moorings, with boat docks and shimmering views for both single-family homes and condominiums.
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
$880,000 - $2,395,000
$115,900 - $4,295,000
$225,000 - $28,000,000
$59,900 - $4,290,000
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