MARKET REVIEW
AUGUST MARKET REPORT
August is traditionally a slow time of year for real estate transactions. However a couple of market segments defied that logic. Activity in the $2 million plus price category was impressive. Overall pending sales rose 58% from 19 pending unites to 30 pending units when you compare August of 2015 to last year during the same month.
South Naples also saw a significant jump in pending sales with a 26% increase and closed sales a 9% increase. At the same time, inventory in South Naples decreased 5%. Notable neighborhoods and golf communities in this region with quite a bit of activity included Lely Resort, Eagle Creek and Traviso Bay.
Additional market highlights for the 12-months ending August 2015:
- Pending sales increased 2% from 795 to 811 homes
- Closed sales increased 2% from 9,695 to 9,870 homes
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Inventory decreased21% from 3,579 to 3,525 homes
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There is a 4.27 months supply of inventory.
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Average days on market decreased 4% to 78 days
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Featured Property
$875,000
Shadow Wood - Single Family
9750 Bay Meadow
3 Bedrooms
3 Bathrooms
Built 2003
Quality, location, charm and it's strategic location at the end of the cul-de-sac, perfect for entertaining. Private pool with water features and fountains creating a Zen-like experience. Outdoor grilling is a snap w/natural gas an outdoor lighting. Inside the home, you will love the chef's kitchen with staggered cabinets, glass doors, accent lighting, tile backsplash, granite counters and breakfast bar open to the family room. The roomy master suite boasts views of the pool and golf course. Upgrades include Acacia hardwood flooring, 2 walk-in closets with built-ins, a luxurious bath with separate vanities, lovely tile frameless glass shower door and much more. You will find marble countertops and upgraded shower tile in all bathrooms. Throughout the main living area you will find arched doorways, tray ceilings, crown-molding and beautiful wood custom built-in cabinetry, tile floors and central vacuum. You guests will love the private cabana. The third bedroom converts to an office or guest room. Formal living and dining room add to the spacious charm. Two car extra deep garage outfitted with Garage Tek storage.
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Bonita Springs/Estero Market Trends
SEPTEMBER MARKET REPORT
Overall supply continues to tighten for single family homes, villas and condos in the Bonita Springs and Estero areas, dropping 28% from 794 down to 570. Condos saw the biggest decline in inventory dropping almost 30% while single family homes dropped slightly by 1.5%.
Closed sales for both condos and single family homes saw greater than 20% increases in the number of units sold compared to this same time last year.
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THIS MONTH
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SAME MONTH ONE YEAR AGO
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% CHANGE VERSUS
LAST YEAR
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Active Listings
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393 SF
277 CD
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399 SF
395 CD
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-1.5% SF
-29.9% CD
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New Listings
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124 SF
96 CD
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110 SF
103 CD
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12.7% SF
-6.8% CD
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Days on Market
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45 SF
42 CD
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41 SF
64 CD
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9.8% SF
-34.4% CD
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Pending Sales
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73 SF
68 CD
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77 SF
66 CD
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-5.2% SF
3.0% CD
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Closed Sales
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64 SF
75 CD
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48 SF
62 CD
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33.3% SF
21.0% CD
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Percent of
List Price
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94.3% SF
94.1% CD
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93.3% SF
93.3 CD
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1.1% SF
0.9% CD
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Featured Property $499,500
JUST LISTED
Wyndemere Country Club
199 Edgemere Way S
3 Bedrooms
3 Bathrooms
2,613 Sq. Ft.
Built 1988
Golf clubs and beach towels, that's all you'll need! Everything in this home has been updated and is in move in condition. Updated kitchen, baths with glass showers, tile and hardwood flooring throughout, new fixtures and ceiling fans, fresh landscaping, everything! Light, bright and inviting, spacious living space and bedrooms, very private lanai and with neighbors on one side only. To the east is a beautiful park like area and having a southern rear exposure the pool is in the sunlight all day every day. Over-sized garage, expanded driveway, 1/3 an acre lot, brilliant floor plan and a lanai that's almost as big as the house, everything  considered, a pretty good value. Find out more about Wyndemere's 27 holes, practice facilities and stunning renovated club house, you'll be very glad you did!
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Golf Humor
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Golf Community of the Month
SHADOW WOOD
| Location: |
Naples |
| Club Type: |
Private |
| Membership Type: |
Equity |
Membership Fees
| Initiation Fee: |
$50,000 |
| Golf Dues: |
$9,550 |
| Single Family: |
$529,900 - $2,197,000 |
| Condos: |
$329,900 - $499,900
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Golf Course Information
Course Architects
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Robert Cupp
& Arthur Hills
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| Number of Courses |
3 (36 Holes) |
| Caddies Available |
No |
| Practice Range |
Yes |
| Own your own cart |
No
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About Downing-Frye Realty
Downing-Frye Realty has been in business for 50 years and has been voted Best Real Estate Office in the Southwest Florida People's Choice Award for ten straight years.
Call me today for more information about homes in Southwest Florida.
P.S. The finest compliment I can receive is an introduction to friends or colleagues from an appreciative client.
View a list of events in the Naples area click here.
Matthew Klinowski
239-370-0892
Matt@NaplesGolfGuy.com
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Your #1 Source for SWFL
Golf Properties
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With more than 150 golf courses in Southwest Florida - with varying types of initiation fees, memberships, course designers, and club amenities - the abundance of information can be overwhelming. Let me be your guide!
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GOLF TIP
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Top PGA Teaching Professional Hank Haney helps you achieve more distance through the proper trajectory.
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2015 MARKET REPORT ARCHIVES
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Golf Joke
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Ball Retriever
Two golfers were sitting at the 19th hole discussing their games this year when one says to the other, "My game is so bad this year I had to have my ball retriever regripped !"
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Naples offers first-class dining, miles of beautiful beaches, and more golf holes than just about any other community in the country. With low tax rates and job growth projected to outpace every other city in the United States, the luxury you've always dreamed of is within reach.
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