December 18, 2011
This Week’s Featured Luxury Listing
Pelican Landing
3741 Bay Creek Drive This stunning estate home in Pelican Landing’s Bay Creek is sure to please even the most discriminating buyer. Featuring a very private setting nestled right on Bay Creek, split bedroom floor plan, custom heated pool and spa, as well as a screened-in outdoor kitchen, this home is built for entertaining and relaxation. MLS# 211004398
$1,999,999
5+Den BR, 5 BA
Bunny Caravello 239-992-4777
Monthy Market Report - November 2011 (N aples /B onita S prings /E stero A rea )
Closings
year-to-date
are
the
highest since 2005. The total volume of closed sales is up 8% over 2010, indicative of the increased activity in the price range above $1,000,000. Closed sales between $2,000,000 and $5,000,000 are up 13% through November and show a 3.7% increase in median price. Year-to-date pended sales remain strong, showing less than a 3% decline for the period from 2010. In the month of November, the number of pended sales above $500,000 posted a 21% increase over 2010. The price segments of $500,000 - $750,000 and $1 - $2 million were most improved, each with a 25% increase over November 2010. Active inventory on December 1, 2011, stands at 8,028 units (4,352 condominiums and 3,676 single family homes). This represents a 23% decline from December 1, 2010. Price segments showing the largest decreases in supply are condominiums priced between $2,000,000 and $5,000,000 – down 41% and single family homes priced under $250,000 – down 47% from a year ago.
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