May 8, 2011
This Week’s Featured Luxury Listing
Old Naples
92 Gulf Shore Blvd S The perfect blend of beach house and town house. A magnificent new residence 100 feet from the sand with easy access to all the amenities of beach living, panoramic views of the Gulf of Mexico from all living levels and a sought-after Gulf Shore Boulevard South address. The best of everything. #209018512
$6,450,000
5+Den BR, 5 Ba
Craig Jones 239-280-2238
Closed Sales Continue Upward Trend (N aples /B onita S prings /E stero A rea )
Sales remained strong during the month of March with year-to-date closed sales up six percent over the first quarter of 2010. The number of closed sales for the month of March is exactly even with March 2005, resulting in these two months being tied for the highest number of sales on record for the month. Sales of properties priced above $1,000,000 are up 15 percent over the same period in 2010. Price continues to be a driving factor, with average and median sales prices at their lowest levels during the past 12 years. Overall, pended sales were up six percent over March 2010 establishing a new record high for the month. Pended sales for the first quarter 2011 set a new record, and exceeded the previous record for the quarter, established in 2005 by four percent. Available inventory in the area on April 1, 2011 stood at 9,587 units, comprised of 4,988 condominiums and 4,599 single family homes. This represents a seven percent decrease from the first quarter 2010 and a 31 percent drop from first quarter 2009. In fact, all price categories show decreases in supply with the exception of condominiums priced above $5M, which posted a 21 percent increase, and single family homes priced under $250,000 which remained approximately the same as last year. The largest decreases in single family availability occurred with properties priced between $750,000 and $1,000,000, which showed a 23 percent decline; and properties priced above $1,000,000 where supply decreased by 18 percent.
Bear’s Paw
This Week’s Featured Neighborhoods Pelican Sound
Gulf Shore Blvd
West Bay
Secluded within 244 acres, this unique and luxurious golf member only Naples community flourishes with native growth, providing a taste of old Florida that perfectly frames its centerpiece, an 18-hole golf course designed by golf legend Jack Nicklaus. As one of the lowest density gated communities in Southwest Florida, Bear’s Paw ensures its residents privacy and security, not to mention unobstructed views of the course and its natural surroundings.
Pelican Sound is the only private, ‘bundled golf’ community west of US 41, and offers 27 holes of championship golf, and direct access to the Gulf of Mexico. Amenities include 2 clubhouses, tennis, 6 pools, fitness center and biking and nature trails. Located just north of Bonita Springs and Naples, Pelican Sound is just minutes away from great shopping, gourmet dining, and the SWFL International Airport.
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. If the beach is your ideal environment, West Bay’s Beach House is situated on the famed Hickory Island offering 200 feet of pristine Gulf beachfront.
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
$149,000 - $1,195,000
$139,900 - $719,900
$209,900 - $13,900,000
$249,900 - $2,299,999
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