MARKET REVIEW
FIRST QUARTER
 The Naples area housing market remains steady in all price categories, according to the First Quarter 2015 Market Report released by the Naples Area Board of REALTORS� (NABOR�). There is a noticeable shift away from single family homes to condo sales. In particular, the $300,000 - $500,000 price range for condominiums ended the quarter with both closed and pending sales up by double digits. Additional Q1 highlights Year over Year:
- Pending sales are down 13% in the $0-$300K category and up 18% in the $300K-$500K.
- Closed sales are up 14% in the $300-$500K category and 18% in the 2M+
- Median Closed Price is up 12% overall
- Inventory is down 24% in the $0-$300K category and up 14% in the $300K-$500K category and 18% in the $2M+
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Featured Property $579,000
Pelican Bay - Condo  6361 Pelican Bay Blvd. 3 Bedrooms + Den 2 Bathrooms
Built 1990
Large 3 bedroom end unit condo located on sunny south side of the building with tranquil view. Updated kitchen, master bathroom, guest bathroom, wood and cork flooring with carpet in guest bedrooms. Extensive building amenities including outstanding fitness room, social room, card room, billiard room 2 guest suites, salt water pool & spa. St. Lucia feels new and has a fantastic location next to Commons, tennis courts and right on tram path to beach. Hurry and schedule a showing today before this opportunity is gone.
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Bonita Springs/Estero Market Trends
MARCH MARKET REPORT
Median days on market continue to decrease over the prior year in both single-family and condominium segments. Closed sales have increased increased more than 10% in both single family homes and condos compared to this time last year.
2015 Single-Family Homes, as compared to March 2014 year over year:
- Closed sales 103 units - 12.0% increase
- New Pending Sales 156 units - 3.3% increase
- New Listings 161 units - 16.7% increase
- Average Sale Price $603,206 - 28.4% increase
- Median Days on Market 47 - 6.0% decrease
- Inventory of Active Listings 467 units - 7.3% decrease
- Month's Supply of Inventory 5.3 units - 30.7% increase
- Average Percent of List Price 93.5% - 0.1% increase
2015 Condominiums, as compared to March 2014 year over year:
- Closed sales 107 units - 15.1% decrease
- New Pending Sales 153 units - 6.7% decrease
- New Listings 133 units - 0.7% decrease
- Average Sale Price $256,851 - 7.1% decrease
- Median Days on Market 36 - 20.0% decrease
- Inventory of Active Listings 358 units - 31.2% decrease
- Month's Supply of Inventory 4.1 units - 1.9% decrease
- Average Percent of List Price 94.5% - 1.8% increase
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Featured Property $499,900
Wyndemere - Single Family Home  199 Edgemere Way S.
Main House:
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! Kitchen, baths with glass showers, tile and hardwood flooring throughout, carpet in the master, fresh paint, new fixtures and ceiling fans, everything! Light and bright, very private lanai and with neighbors on one side only! To the east is a 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 , you'll see this one was very well thought out. Find out more about Wyndemere's 27 holes, practice facilities and recently renovated club house, you'll be very glad you did!
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Golf Humor
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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
[email protected]
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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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Hank Haney: The Basic Pitch Shot
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Check out this video from the top PGA instructor in the country
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2015 MARKET REPORT ARCHIVES
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Golf Joke
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Kicked Ball
A foursome was putting on the green when a ball dropped in their midst.One of the party winked at the others and kicked the ball into the hole.
Seconds later a out of shape player puffed on to the green out of breath and
red of face. He looked round distractedly and asked: "Seen my ball?"
"Yeah, it went in the hole," the joker answered with a straight face.
The player looked at him unbelievingly. Then he walked to the hole, looked in, reached down and picked up his ball. His astonishment was plain to see.
Then he turned, ran down the fairway and as he neared his partner the group
on the green heard him shout:
"Hey, Sam, I got an eleven!"
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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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