Compass Landing Real Estate Market Update - April 2024 by John R. Wood Properties

The Compass Landing Real Estate Market Update ISSUE#3 | APRIL 2024 Nico Paredes REALTOR® 239.404.5154 nico@johnrwood.com nicorealestateluxury.com 75 Vineyards Blvd, Ste 301, Naples, FL 34119 luxuryrealestatebynico nico_real_estate CHOSEN FOR OUR SERVICE, FAMOUS FOR OUR RESULTS

CHOOSE NICO’S TEAM FOR ALL YOUR REAL ESTATE NEEDS

• Nico has been a Resident of Compass Landing since 2020.

• Full time REALTOR ® for over 10 years.

• Knowledgeable, responsive, professional providing a boutique-style real estate experience.

• Only John R. Wood Properties Christie’s International Real Estate has access to the two most elite invitation-only networks in Southwest Florida: Leading Real Estate Companies of the World and Christie’s International Real Estate.

• Leading Real Estate Companies of the World has more US sales volume than any other network, franchise, or brand with 500 member companies in over 70 countries and territories

• Christie’s International Real Estate has 900 real estate offices worldwide across 50 countries and territories on 6 continents.

• Established in 1958, John R. Wood Christie’s International Real Estate is the oldest active brokerage in Southwest Florida.

WHAT THIS MEANS FOR SELLERS

Season has shown us that showings have picked up and a well-priced home will not las lng on the market. The most recent pending properties to go under contract in MArch spent an average of 8 & 1/2 days on the market.

COMPASS LANDING STATISTICS REPORT

RECENTLY SOLD PROPERTIES IN COMPASS LANDING

December and March saw the busiest months with 2 pending sales that converted into closings respectively. This explains the average sold price of $755,250 compared to the autumn months which was rather quiet having no closed properties in the neighborhood. The month of April, thus far, has shown one closing. With only 8 active listings within Compass Landing, buyers still have limited inventory to choose from. This rings true as we are well within April. Nico Paredes |

WHAT THIS MEANS FOR BUYERS

239.404.5154 | nico@johnrwood.com

•Based on information from the Naples Area Board of REALTORS for the period 11/1/23-4/15/24 (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 listed properties in the target area. If your home is presently listed, this is not a solicitation of that listing.

Ready to sell your home? Contact us today for a FREE consultation.

LANDING MARKET REPORT AVERAGE SOLD PRICE AVERAGE PRICE/SQ. FT. % SOLD PRICE TO LIST PRICE ACTIVE LISTINGS HOMES SOLD AVERAGE DAYS ON MARKET NOVEMBER 1, 2023 - APRIL 15, 2024 Beds Bath Approx. Living Area List $ $/Sq.Ft. Sold $ SP/LP SP/OLP DOM CDOM MIN 3 2 1,993 $709,000 $319.00 $695,000 96.84% 95.34% 8 12 MAX 5 5 4,859 $1,550,000 $480.11 $890,000 99.00% 99.00% 110 240 AVERAGE 4 3 2,746 $1,023,538 $375.89 $755,250 98.15% 97.48% 35 78 MEDIAN 4 3 2,592 $1,050,000 $373.26 $718,000 98.38% 97.79% 25 41 31 98.15% $375.89. 755,250 8 SOLD 5 Address List $ Sold $ Sold Date DOM Living Area BR/BA $/Sq.Ft. 3392 PILOT CIR $685,000 $675,000 4/12/24 13 1,994 3+Den/2 $338.52 3864 BARQUE CT $759,000 $735,000 3/29/24 8 2,051 4/3 $358.36 3834 HELMSMAN DR $709,000 $695,000 3/20/24 75 1,998 3+Den/2 $347.85 3312 PILOT CIR $710,000 $701,000 1/03/24 37 1,993 3+Den/2 $351.73 3287 PILOT CIR $899,000 $890,000 12/19/23 9 1,994 3+Den/2 $446.34 PROPERTIES FOR SALE IN COMPASS LANDING Address List $ BR/BA Living Area $/Sq.Ft. DOM 3316 PILOT CIR $750,000 3+Den/2 1,993 $376.32 26 3456 PILOT CIR $849,000 3+Den/2(1) 2,592 $327.55 12 3641 PILOT CIR $1,050,000 3+Den/2 2,187 $480.11 23 3549 PILOT CIR $1,075,000 4+Den/3(1) 2,937 $366.02 25 3508 PILOT CIR $1,100,000 4+Den/3(1) 2,947 $373.26 25 3745 HELMSMAN DR $1,295,000 4+Den/3(1) 3,445 $375.91 24 3745 HELMSMAN DR $1,435,000 4+Den/4(1) 3,753 $382.36 110 3850 HELMSMAN DR $1,550,000 5+Den/4(1) 4,859 $319.00 41 PROPERTIES PENDING SALES IN COMPASS LANDING Address List $ BR/BA Living Area $/Sq.Ft. DOM 3460 PILOT CIR $1,125,000 4+Den/3(1) 2,947 $390.23 38

COMPASS

“Working with Nico was the best decision we made. He is a real estate expert & helped us purchase our first home in Naples, Florida. Nico is an incredibly knowledgeable agent who offers exceptional service” - Stephen Carollo

“Choosing to work with Nico was by far the best decision we made when selecting a local real estate expert to help us purchase our first home in Naples, Florida. Nico is an incredibly knowledgeable agent who offers exceptional service, both during and after the transaction ends. Nico and his team made our entire purchase seamless and easy, and they continue to be a great local resource. We could not be happier having Nico on our side and highly recommend him.”

- Marie Tieri

“Nico is extremely patient, thoughtful and helpful. Nico worked with us buying a house remotely (from over 3,000 miles away). Nico helped us with local financing and supported us all the way through closing. We have completed the move and are settling into our beautiful home!

Thanks Nico!!!”

- Jacquelyn Rodgers

“It was such a pleasure to work with Nico and his team as they helped my family and I relocate to Cape Coral FL. Having a large family of 9, myself, my husband and our young 7 children, any task can be challenging and Nico made this 1000+ mile move a walk in the park for us! We had so many factors come in during this entire process and we couldn't have accomplished what we did

CURRENT ACTIVITY IN COMPASS LANDING: ACTIVE PENDING SOLD

CLIENT TESTIMONIALS

without him! His knowledge of the market and the area is above expert level and we knew from the start he viewed us as family and only wanted the best for us. We highly recommend Nico to anyone looking to move in this area. You won't get the same service anywhere else!!!”

- Nicohle Wildman

“Nico assisted my husband and I with the purchase of our home and couldn’t have been more professional, knowledgeable, and efficient. He is courteous, patient, and very responsive to questions. You will not be disappointed with Nico and his team, they’re excellent and we were very happy”

- Hilda Zamora

“Nico is an amazing real estates agent, he did the best to help us find our dream home! He is a great communicator and kept us up to date with every new piece of information and he is very knowledgeable about the market. His great personality and persistence made our home search less of a hassle and more of a pleasant experience!” - Ginouse

Nico is the best there is to have in your corner. Extremely responsive and helpful with every detail. Most knowledgeable on the all the nuances and unique circumstances one comes to expect with each new real estate transaction. Very tuned, plugged in, to the Naples market. Importantly, his Word is his bond. - Reed

$4.5 Billion in Sales Volume in 2023. Over $1.4 Billion ahead of our nearest competitor. #1 REAL ESTATE COMPANY IN SOUTHWEST FLORIDA Nico Paredes REALTOR® 239.404.5154 nico@johnrwood.com nicorealestateluxury.com 75 Vineyards Blvd, Ste 301, Naples, FL 34119 luxuryrealestatebynico nico_real_estate CHOSEN FOR OUR SERVICE, FAMOUS FOR OUR RESULTS