February 27, 2011
This Week’s Featured Luxury Listing
Spring Ridge at Bonita Bay
26091 Mandevilla Drive Truly a unique home with every last detail reflecting tranquility and sophistication. This home was built by Harwick Homes and has over 10,500 sq.ft. of living area, views of the golf course and lake, two master suites with an adjoining gathering room, an oversized 3 car garage with extra storage MLS#211000275
$4,350,000
8 Bedroom, 9.5 Bath
Bev Czachor 239-849-2767
Monthly Market Report - January 2011
Pended sales for January were up 5% over 2010 and the momentum is continuing into February. This follows a 49% increase in pended sales from January 2009-2010 and makes it the second highest January on record. Properties priced above $300,000 accounted for approximately one-third of the pended sales for the month, while those priced under $250,000 comprised 65%. Meanwhile, closed sales for January were the third highest on record for the month. Sales of properties priced above $1 million remained nearly constant with the prior year, while 67% of all closings were properties priced under $250,000. Active inventory as of February 1, 2011, in the Naples, Bonita Springs, Estero market stood at 10,522 units—5,418 condos and 5,104 single-family homes. This is approximately the same as January 2010 and represents a balanced market with close to a one-year supply.
www.JohnRWood.com
This Week’s Featured Neighborhoods
Gordon Drive
Gulf Shore Blvd.
West Bay
Bay Colony
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.
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.
Encompassing nearly 870 acres, 500 of which are wetlands and nature preserve, and bounded by Estero Bay, Estero River and Halfway Creek, West Bay Beach & Golf Club is an irresistible community. Nestled west of U.S. 41 in Bonita Springs, its fantastic location, superb amenities, and sense of community are a winning combination.
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.
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
$454,000 - $12,900,000
$155,000 - $14,300,000
$249,900 - $2,450,000
$950,000 - $12,900,000
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