MARKET REVIEW APRIL 2015
April had the highest total number of closed sales since July 2009. At the same time it was the lowest level of distressed property closings in the past six years. Overall closed sales increased in all price categories above $300,000. The $300,000 to $500,000 category led the way with a 21% increase over the past 12 months. Additional April highlights year over year: - Pending sales decreased 2% from 1,231 to 1,210
- Median Closed price increased 13% from $250K to $283K
- Inventory decreased 3% from 4,157 homes to 4.=,040
- Singly family home inventory increased 4%
- Condo inventory decreased 10%
View April Market Report
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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
APRIL 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 15% in both single family homes and condos compared to this time last year.
2015 Single-Family Homes, as compared to April 2014 year over year:
- Closed sales 136 units - 15.3% increase
- New Pending Sales 147 units - 8.9% increase
- New Listings 138 units - 10.4% increase
- Average Sale Price $499,866 - 3.9% increase
- Median Days on Market 44 - 22.8% decrease
- Inventory of Active Listings 441 units - 8.1% decrease
- Month's Supply of Inventory 4.9 units - 20.9% increase
- Average Percent of List Price 93.4% - 2.2% increase
2015 Condominiums, as compared to April 2014 year over year:
- Closed sales 115 units - 16.1% decrease
- New Pending Sales 128 units - 13.3% increase
- New Listings 111 units - 17.2% decrease
- Average Sale Price $392,293 - 50.9% increase
- Median Days on Market 42 - 6.7% decrease
- Inventory of Active Listings 329 units - 37.2% decrease
- Month's Supply of Inventory 3.9 units - 13.2% decrease
- Average Percent of List Price 93.5% - 1.1% decrease
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Featured Property $489,900
PRICE REDUCED!!
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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Golf Community of the MonthKENSINGTON
Location: | Naples | Club Type: | Private | Membership Type: | Equity |
Golf Membership Information Maximum # of Memberships | 536 | Is Membership Required? | No |
Membership Fees Initiation Fee: | $40,000 | Golf Dues: | $12,012 |
Single Family: | $540,000 - $1,395,000 | Condos: | $374,777 - $557,900 |
Golf Course Information Opened | 1992 | Architect | Robert Trent Jones Jr. | Number of Courses | 1 (18 Holes) | Caddies Available | No | Practice Range | Yes | Own your own cart | Yes |
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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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3 Swing Tips for more consistency
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2015 MARKET REPORT ARCHIVES
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Golf Joke
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Handicap
A couple of buddies, decide to play together for the first time. Mac is an avid golfer and Jimmy is new to the game.
On the way to the course, Mac asks "By the way, what's your handicap?"
Jimmy replies,"I don't have one..it's more like a permanent disability"
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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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