November 28, 2010
This Week’s Featured Luxury Listing Open House - Sunday 1-4pm
Marco Beach
960 Cape Marco Dr, #1406 Experience the beauty, elegance, and luxurious beachfront lifestyle in this finely appointed condo with captivating Gulf views from every room. Located in the desirable, gated, beachfront community of Cape Marco. #210033320
$1,400,000 3 Bed/3 Bath
Natalie Kirstein 239-784-0491
Monthly M arket Report – October 2010 B S :S $1 M U P R S right
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Closed sales through October 2010 continued ahead of 2009, showing a 15% increase for the period. The collective volume of sales for this period also showed a 22% increase, indicative of increased activity in the price segment above $1 million. Although sales which closed during the month of October were down from the previous year, some price segments continued to show healthy activity. For example, sales of $1 million and up properties remained strong, with 32 closing during October. Pended sales also remained ahead of 2009 on a year-to-date basis, and pended sales priced above $1 million showed a 24% increase for the period over 2009. And, when comparing the number of pended sales for the month, October 2010 reported the second highest level over the last 10 years. New listings taken through October 2010 was at its lowest level since 2005 with total available inventory in the Naples, Bonita Springs and Estero market at 10,110 as of November 1, 2010. This total represents 5,194 condos and 4,916 single-family homes. This is approximately 3% less than November 2009 and is consistent with the inventory build-up which typically occurs as seasonal residents return during the fourth quarter.
www.JohnRWood.com
This Week’s Featured Neighborhoods Montery & The Crossings
Worthington
Pelican Marsh
Shadow Wood
Two secluded communities can be found within Monterey and across the street in The Crossings. Both are located on Orange Blossom Drive — a quiet area of North Naples that is very convenient to Naples, Bonita Springs, I–75, shopping, and schools. They have become extremely popular and rarely will you find a Monterey or Crossings resident who does not rave about them.
Worthington, a country club community, features more than 300 acres of shimmering lakes, lush fairways, and preserves. Located just east of Bonita Springs and adjacent to the very exclusive Quail West development, Worthington is a quiet enclave with easy access to shopping, dining, entertainment and the fabulous Gulf of Mexico beaches.
The award-winning development company that created Pelican Bay has continued to provide the extraordinary to country club community residents at Pelican Marsh. There is a selection of lifestyle choices, from exquisitely designed and decorated estate homes to unique garden villas.
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.
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
$199,900 - $1,395,000
$79,000 - $524,000
$45,500 - $6,395,000
$129,000 - $2,050,000
Find out more info on each Neighborhood at: www.JohnRWood.com/neighborhood