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NAPLES, FLORIDA GULF SHORE BOULEVARD MARKET REPORT THIRD QUARTER 2020


Gulf Shore Boulevard, Naples - Beachfront MARKET REPORT - Q3 2020 Data Represented on 12-Month Rolling Basis.

BEACHFRONT 2014

2015

2016

2017

2018

2019

2020

Listed

271

224

272

264

280

308

280

Sold

220

196

161

175

167

186

178

$1,250,698

$1,511,048

$1,549,986

$1,514,719

$1,455,750

$1,659,878

$1,780,036

Avg. Sale $

$

SOLD NEW LISTINGS

AVERAGE SALES PRICE

CLOSED SALES

280

178

9.09%

4.30%

12 MONTH NEW LISTING AND CLOSED SALES - BEACHFRONT $2,000,000

300

$1,750,000

200

$1,500,000

100

$1,250,000

2014

2015

2016

New Listings

2017

2018

2019 2020

MONTHS OF SUPPLY

101

6.81

12 MONTH AVERAGE SALES PRICE - BEACHFRONT

400

0

CURRENT INVENTORY

$1,780,036 7.24%

$1,000,000

2014

Closed Sales

2015

2016

2017

2018

2019 2020

Average Sales Price

SUMMARY With 178 properties sold, sales were down 4.3% from the preceding 12-month period when 186 properties were sold. New listings were down 9.1%, from 308 to 280. The average sales price, at $1,780,036 was up 7.2% from $1,659,878. As of September 30, inventory stood at 101 units while months of supply was 6.81 months.

John R. Wood Properties, Bring Your Highest Expectations.

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“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2020, and the proprietary compilation of that data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data.” Statistics include condominium units in buildings on the Gulf side of Gulf Shore Boulevard in the Naples neighborhoods of Park Shore, The Moorings, and Coquina Sands


Gulf Shore Boulevard, Naples - Bayfront MARKET REPORT - Q3 2020 Data Represented on 12-Month Rolling Basis.

BAYFRONT 2014

2015

2016

2017

2018

2019

2020

Listed

81

89

117

91

91

103

108

Sold

66

87

65

69

57

63

51

$518,445

$526,910

$585,620

$629,419

$650,705

$656,056

$578,415

Avg. Sale $

$

SOLD NEW LISTINGS

AVERAGE SALES PRICE

CLOSED SALES

108

51

4.85%

CURRENT INVENTORY

$578,415 11.83%

19.05%

12 MONTH NEW LISTING AND CLOSED SALES - BAYFRONT 125

MONTHS OF SUPPLY

36

8.47

12 MONTH AVERAGE SALES PRICE - BAYFRONT $700,000

100

$600,000

75 $500,000

50 $400,000

25 0

2014

2015

2016

New Listings

2017

2018

2019 2020

$300,000

2014

Closed Sales

2015

2016

2017

2018

2019 2020

Average Sales Price

SUMMARY With 51 properties sold, sales were down 19% from the preceding 12-month period when 63 properties were sold. New listings were up 4.9%, from 103 to 108. The average sales price, at $578,415 was down 11.8% from $656,056. As of September 30, 2020, inventory stood at 36 units while months of supply was 8.47 months.

John R. Wood Properties, Bring Your Highest Expectations. “The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2020, and the proprietary compilation of that data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data.” Statistics include condominium units in buildings on the Bay side of Gulf Shore Boulevard in the Naples neighborhoods of Park Shore, The Moorings, and Coquina Sands.

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Bring Your Highest Expectations ™

JRW #1 AGAIN in 2019 2019 CLOSED SALES VOLUME of the top brokerage firms in Southwest Florida

OUR SALES SPEAK VOLUMES

000 $2.4B

000

$2.2B

$1.7B

000

$1.3B

000

$955.90M

$892.24M

$798.22M

000 John R. Wood Properties Premier /Sotheby’s

0

Premiere Plus Realty Downing-Frye Realty, Inc. Coldwell Banker

William Raveis - Florida

MVP Realty

$634.78M

$631.74M

Berkshire Hathaway

Royal Shell

JRW' Premier/Sotheby's Premiere Plus Realty Coldwell William Banker Inc. Ravis MVP Florida Berkshire Realty Hathoway Royal Shell JohnDowning-Frye R. Wood Properties isRealty, the leading broker in Southwest Florida

FOR THE FIFTH CONSECUTIVE YEAR! “The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2020 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed.” Data is MLS closed sales volume for Collier and Lee County, for 1/1/19 through 12/31/19. 4

Profile for John R. Wood Properties

Gulf Shore Boulevard Market Report - Q3 2020  

John R. Wood Properties Market Report for Gulf Shore Boulevard Real Estate - Q3 2020

Gulf Shore Boulevard Market Report - Q3 2020  

John R. Wood Properties Market Report for Gulf Shore Boulevard Real Estate - Q3 2020