The Compass Landing Real Estate Market Update ISSUE#4 | MAY 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.
COMPASS LANDING MARKET REPORT
WHAT THIS MEANS FOR BUYERS
March has seen the busiest month this year thus far with 2 sold properties. Between December and April, the average sale price is $739,200. With only 8 active listings within Compass Landing, buyers still have limited inventory to choose from.
WHAT THIS MEANS FOR SELLERS
Season has shown us that showings have picked up and a listing that is very well-marketed combined with a good pricing strategy will not last long on the market. For us in Compass Landing, we do not need to be concerned too much about “season” as our community has shown to be residents who live here full-time for the better part. The average days on market right now is 45 days.
PROPERTIES PENDING SALES IN COMPASS LANDING
Nico Paredes | 239.404.5154 | nico@johnrwood.com Ready to sell
home?
us today for a FREE consultation. •Based on information from the Naples Area Board of REALTORS for the period 12/1/23-5/14/24 (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. RECENTLY SOLD PROPERTIES IN COMPASS LANDING
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COMPASS LANDING STATISTICS REPORT
AVERAGE SOLD PRICE AVERAGE PRICE/SQ. FT. % SOLD PRICE TO LIST PRICE ACTIVE LISTINGS HOMES SOLD AVERAGE DAYS ON MARKET DECEMBER 1, 2023 - MARCH 14, 2024 Beds Bath Approx. Living Area List $ $/Sq.Ft. Sold $ SP/LP SP/OLP DOM CDOM MIN 3 2 1,993 $685,000 $308.50 $675,000 96.84% 95.34% 8 19 MAX 5 5 4,859 $1,499,000 $446.34 $890,000 99.00% 99.00% 139 269 AVERAGE 4 3 2,655 $962,143 $364.34 $739,200 98.23% 97.69% 45 104 MEDIAN 3 3 2,304 $869,000 $364.37 $701,000 98.54% 98.54% 39 78 45 98.23% $358.95 $739,200 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 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 3864 BARQUE CT $759,000 $735,000 3/29/24 8 2,051 4/3 $358.36 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 55 3288 PILOT CIR $760,000 3+Den/2(1) 2,422 $313.79 19 3456 PILOT CIR $839,000 3+Den/2(1) 2,592 $323.69 41 3874 HELMSMAN DR $910,000 4+Den/3 2,537 $358.69 0 3641 PILOT CIR $949,995 3+Den/2 2,187 $434.38 48 3781 HELMSMAN DR $1,295,000 4+Den/3(1) 3,445 $375.91 53 3745 HELMSMAN DR $1,390,000 4+Den/4(1) 3,753 $370.37 139 3850 HELMSMAN DR $1,499,000 5+Den/4(1) 4,859 $308.50 70
Address List $ BR/BA Living Area $/Sq.Ft. DOM 3508 PIOLT CIR $1,100,000 4+Den/3(1) 2,947 $373.26 27 3460 PILOT CIR $1,125,000 4+Den/3(1) 2,947 $390.23 38
CLIENT TESTIMONIALS
“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
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
