November 14, 2010
This Week’s Featured Luxury Listing
Cape Coral
1433 Sw 57th Ter Your Personal Resort - Designer Estate Home with 2 deep water boat lifts and immediate sailboat direct access. 7 bedrooms including 5 full suites and a maid’s apartment. 3 kitchens inside and Florida kitchen out. 1000 bottle climate controlled wine vault. #210023369
$2,900,000 7+Den/6
Richard Schwandt 239-287-9177
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 Bonita Bay
Audubon C.C.
Stonebridge
Windstar Golf Club
The award winning Bonita Bay community boasts 2,400 acres dedicated to maintaining the natural beauty of Southwest Florida. From the moment you drive through the guarded gateway, a sense of harmony between man and nature is evident. Bonita Bay features five championship golf courses.
The Audubon at Naples is a private, gated country club community located between Naples and Bonita Springs. The community stretches west of US 41, all the way over to the protected mangrove preserves on Little Hickory Bay. Renowned golf architect Joe Lee designed the 18-hole, 6,700 yard championship golf course.
Stonebridge is a prestigious community in north Naples where ownership comes with full golf and country club membership. Carefully planned, Stonebridge offers garden condominiums, coach homes, attached and detached villas, and single-family estate homes - all within minutes to the beach.
Windstar is a 450-acre golfing and boating community, superbly located on Naples Bay, with Port Royal as its across-the-water neighbor. Windstar offers the golf and boating enthusiast an unsurpassed benefit---no other golf community can claim deep water boating access in the heart of Naples, plus complete country club facilities.
Current Price Range, Homes:
Current Price Range, Homes: $495,000 - $3,750,000
Current Price Range, Homes:
Current Price Range, Homes:
$110,000 - $4,850,000
$169,500 - $885,000
$185,000 - $4,890,000
Find out more info on each Neighborhood at: www.JohnRWood.com/neighborhood