Isles Insider Newsletter November 2023

The Isles Insider Real Estate Market Update ISSUE NO. 2

NOVEMBER 2023

Exceptional Properties.

Exceptional Service.

Bill Kiley & Stacey Schwind Bill (239) 877-3516 Stacey (239) 877-1478 Bill@WilliamStaceyRE.com Stacey@WilliamStaceyRE.com WilliamStaceyRE.com

JOHN R. WOOD IS THE #1 REAL ESTATE COMPANY IN SOUTHWEST FLORIDA

#

in SALES VOLUME in LISTINGS SOLD in TRANSACTIONS Lee & Collier Counties Combined

For residential improved property, excluding manufactured, in Lee and Collier 1/1/2022 through 12/31/2022. Source: SWFLA MLS

OUR COMMITMENT TO YOU As professional realtors, we understand that who you choose to partner with to help you buy and sell real estate is a big decision. We will use our knowledge, experience, and expertise we aim to ensure that your real estate experience is positive, successful and as seamless as possible.

WHY SELECT THE WILLIAM STACEY TEAM? • Fellow Isles of Collier Preserve homeowners since 2018 • Full time Realtors with over 40 years of sales, marketing and negotiating experience • Knowledgeable, responsive, professional & caring • John R. Wood Christie’s International Real Estate is THE Global Authority in Luxury Real Estate with the Power of Three highly exclusive international real estate affiliations; • Leading Real Estate Companies of the World comprising the world’s market-leading independent residential brokerages in 70 countries.

• Christie’s International Real Estate network spanning nearly 50 countries and territories on 6 continents • The Realty Alliance, a network of North America’s elite luxury real estate firms • John R. Wood CIRE is locally owned with unrivaled marketing resources to maximize the exposure of your home

The Isles of Collier Preserve Market Update $656.93

$1,297,167

93.43%

Average Sold Price

Average $/Sq Ft

% Sold $ to List $

132

6

39 Active Listings*

Homes Sold*

Average Days on Market

*Statistics represent single family homes between 11/1/23-11/30/23. *Current Active Listings as of 12/11/23.

WHAT THIS MEANS FOR BUYERS

WHAT THIS MEANS FOR SELLERS

November’s six closed properties were villas explaining November’s average sold price of $1,297,167 compared to October’s average sold price of $1,806,178. With 39 active listings buyers have plenty of inventory to choose from and can wait to find a home that meets their lifestyle and budget requirements before making an offer.

Pent up consumer travel over the summer distracted attention away from home sales but showings have picked up with the approaching season. 2 of the 19 new listings that hit the market since 10/31/23 went under contract in 2-4 days suggesting that a well-priced home will generally sell more quickly than one that is priced too high and receives multiple price reductions.

Tabular Stat Report Beds

Baths

Approx Living Area

List Price

Price Sq. Ft.

Sold Price

SP/LP

SP/OLP

DOM

CDOM

MIN

2

2

1,563

$985,000

$595.24

$940,000

83.77%

83.77%

24

41

MAX

3

3

2,976

$2,495,000

$731.85

$2,178,000

97.62%

97.62%

176

258

AVG

2

2

1,947

$1,407,333

$656.93

$1,297,167

93.43%

90.21%

84

132

MEDIAN

2

2

1,706

$1,132,000

$660.17

$1,070,000

93.74%

89.45%

49

99

*Stats do not include new construction (SDE)

Recent Sold Properties in The Isles of Collier Preserve Address

Original List Price

List Price

Sold Price

Sold Date

DOM

Living Area

Beds/Baths

Price Per Sq Ft

6822 Bequia Way

$1,100,000

$985,000

$940,000

11/1/2023

158

1,565

2+Den/2

$600.64

5708 Highbourne Dr

$1,050,000

$1,050,000

$1,025,000

11/2/2023

24

1,565

2+Den/2

$654.95

6924 Cay Ct

$1,089,000

$1,069,000

$1,040,000

11/1/2023

50

1,563

2+Den/2

$665.39

7140 Dominica Dr

$1,250,000

$1,195,000

$1,100,000

11/17/2023

49

1,848

3+Den/2

$595.24

5717 Anegada Dr N

$1,650,000

$1,650,000

$1,500,000

11/21/2023

44

2,163

2+Den/2(1)

$693.48

6419 Pembroke Way

$2,600,000

$2,495,000

$2,178,000

11/1/2023

176

2,976

3+Den/3

$731.85

Based on information from the Naples Area Board of REALTORS for the period 11/1/2023 through 11/30/2023 (excludes new construction), these properties were not all listed or sold by John R. Wood Properties Christie’s International Real Estate and were listed or sold by various MLS Participating Offices. These properties may not be all the listed properties in the target area. If your home is presently listed, this is not a solicitation of that listing. ®

Think you might be ready to sell your home? Contact us for a valuation of your home.

Bill (239) 877-3516 | Stacey (239) 877-1478 | Bill@WilliamStaceyRE.com | Stacey@WilliamStaceyRE.com

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Client Testimonials We have bought and sold more than 20 homes in the last 20 years. We have never had any other agent come even close to our amazing experience with Bill Kiley and Stacey Schwind. They are truly amazing. We always felt that we were their priority and they sold our house quickly and for the amount that we were looking for. They did more than any other agent has ever done. They are truly the best in the business. Whether buying or selling you cannot go wrong with Bill and Stacey.

Danielle & Justin Hanrahan  Bill & Stacey made selling my home and buying a new one easy and stress-free! My house received multiple offers and sold for more than I expected. They also found me the perfect new home. I recommend the William Stacey team to anyone looking for full-time, seasoned real estate professionals.

Kevin Walker  We are grateful for the assistance Stacey Schwind and Bill Kiley provided us during the recent sale of our home in The Isles of Collier Preserve. They went over and above the usual “standard procedures” as they were extremely detailed, knowledgeable, and efficient in creating a seamless transaction. Every step was executed with precision from listing to closing. We have sold several properties, but Stacey and Bill are the first to get our “5 Star” rating.

Barbara Rorick & Frank Sikorski  We cannot express enough how pleased we are that we chose Bill Kiley and Stacey Schwind with The William Stacey Team to sell our house. These two wonderful people who we now call friends went above and beyond!! As residents of The Isles they are extremely knowledgeable about the market and were able to secure top price for the sale of our home. In addition, they handled the title transfer and withholding taxes on our behalf, saving us lots of worry and footwork. We highly recommend Bill and Stacey, Thank you both so much for easing the sweet hurt of letting go of a place we so loved.

John & Nancy Bird  Bill & Stacey are the most fantastic real estate agents you could ever imagine!! We’re unbelievably lucky to have met them. Recommend Bill and Stacey if you want someone who will understand your needs and find you your dream home.

Jerry & Ellen Effren  Bill and Stacey were the obvious choice to sell our existing home in the Isles of Collier, which they accomplished in three days with record proceeds. They took all the anxiety out of both processes in a very challenging real estate market.

Jayne & Kevin Conway  Bill and Stacy were just incredible. If the top rating is 10 I would give them a 20. On top of everything from day one. A pleasure to work with. Very honest and did everything they said they would do.

The entire team they recommended for the closing and 1031 exchange were equally as good.

Just a great experience and I will recommend them to everyone I know. Wonderful experience.

Gino Fazio 

ceyRE.com

You Are The Single Most Important Factor In Getting Your Home Sold.

Selecting the realtor who is best qualified to meet your expectations is essential but believe it or not, as the Seller you have the most influence in getting your home sold. As your agents, we will use our expertise to guide and advise you, but ultimately you decide the following: 1. THE PRICE You have the authority to determine the listing price for your home. Pricing it accurately based on market conditions is crucial for attracting potential buyers and ensuring a successful sale.

2. PROPERTY CONDITION & PRESENTATION How you present your home plays a critical role in its marketability. Decisions regarding staging, cleaning, repairs, and curb appeal are all in your hands. A well-presented home is more likely to sell quickly and at a better price.

3. FLEXIBILITY & AVAILABILITY Your willingness to be flexible with showings, open houses, and negotiations can greatly affect the speed of the sale. Being available for potential buyers and their agents is essential.

4. NEGOTIATION STRATEGY While your real estate agent can provide guidance, you ultimately decide on the

Bill Kiley & Stacey Schwind Bill (239) 877-3516 Stacey (239) 877-1478 Bill@WilliamStaceyRE.com Stacey@WilliamStaceyRE.com WilliamStaceyRE.com

negotiation strategy, including price adjustments, concessions, and terms of the sale. Your decisions here can make or break a deal.

5. HOME CONDITION AND REPAIRS Taking care of necessary repairs and maintenance issues before listing your home can help it sell faster and at a better price. You have control over addressing these issues.

6. ACCEPTING OR REJECTING OFFERS Ultimately, you have the power to accept or reject offers. Your judgment is crucial in evaluating evaluation whether an offer aligns with your goals and expectations.

7. TIMELINESS AND RESPONSIVENESS Quick responses to inquiries, offers, and requests for information demonstrate your commitment to the sale. Timeliness can influence a buyer’s decision-making progress.

JOHN R. WOOD IS THE #1 REAL ESTATE COMPANY IN SOUTHWEST FLORIDA

#

in SALES VOLUME in LISTINGS SOLD in TRANSACTIONS Lee & Collier Counties Combined

For residential improved property, excluding manufactured, in Lee and Collier 1/1/2022 through 12/31/2022. Source: SWFLA MLS