MARKET REVIEW
JULY MARKET REPORT
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Activity in the Naples area housing market continued its upward momentum this summer. The Naples Area Board of REALTORS� (NABOR�) recently released their July 2015 Market Report which shows several notable high points and very few low points.
The report shows an 8% increase in overall pending sales, one indication the market remains steady. The increase is unlike July of last year where both overall pending sales and overall inventory decreased 13% respectively. Especially notable for this year is pending homes sales in the $300,000-$500,000 price range increased 24% in July.
While overall inventory only decreased 1% in July 2015, inventory for single-family homes showed a 7% increase from 1,906 single family homes in July 2014 to 2,040 single family homes in July 2015.
Additional market highlights for the 12-months ending July 2015:
- Pending sales increased 8% from 845 to 913 homes
- Closed sales increased 1% from 9,751 to 9,879 homes
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Inventory decreased 1% from 3,563 to 3,518 homes
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There is a 4.35 months supply of inventory.
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Average days on market stayed the same at 77 days
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Featured Property $999,000
Lely Resort - Single Family 7630 Palmer Ct. 3 Bedrooms + Den 3 Bathrooms
Built 2005
This custom designed Lundstrom home is located in the highly desirable and gated Lely Plantation Classics community on a private cul-de-sac with 105' frontage, an oversized .4 acre lot, 3-car garage and oversized pool/spa. Its interior 3037 sq. ft. of open Mediterranean style space features 3 bedrooms, 3 baths, private office/den, dining, living and family room with available designer furnishings for optimal Naples Living. The large 2000 SF lanai provides preferred SE rear exposure with direct sun throughout the day on the pool/indirect into the home along with a tranquil preserve view with field and trees. Lely Resort Amenities include 3 Championship Golf Courses, the World-Class Player's Club and Spa, Har-Tru Tennis Courts & Dining located only minutes to Naples Beaches, shopping and dining
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Bonita Springs/Estero Market Trends
AUGUST MARKET REPORT
Although closed sales slowed during the month of August compared to July, pending sales increased by 12 percent. Supply continues to tighten for single family homes, villas and condos in the Bonita Springs and Estero areas, dropping slightly from 640 down to 633.
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THIS MONTH
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LAST MONTH
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SAME MONTH ONE YEAR AGO
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Active Listings
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633
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640
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771
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New Listings
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214
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171
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165
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Days on Market
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126
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126
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141
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Pending Sales
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271
| 243
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185
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Closed Sales
| 131
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170
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163
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Percent of List Price
| 95.82%
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95.63%
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94.65%
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Featured Property $405,000
Copperleaf at the Brooks 23570 Copperleaf Blvd. 2 Bedrooms 2 Bathrooms
1,750 Sq. Ft.
Built 2001
Updated Cypress model, with new kitchen and more! Membership at Copperleaf Golf Club is included in your purchase. This open floor plan home overlooks a large lake and hole #15 green. New kitchen and appliances completed recently. Tile floors in the main living areas. Master suite and 2 guest rooms (den or office), pool, large screened lanai and master bath updates. Low density golf membership includes, golf, Har-Tru Tennis, bocce, restaurant, and new fitness room. Membership in The Brooks Commons Club by separate membership, offering private beach club, is available.
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Golf Humor
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Golf Community of the MonthMEDITERRA
Location: | Naples | Club Type: | Private | Membership Type: | Equity |
Membership Fees Initiation Fee: | $100,000 | Golf Dues: | $14,750 |
Single Family: | $929,000 - $6,495,000 | Condos: | $510,000 - $659,000
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Golf Course Information Opened |
2000 & 2002
| Number of Courses | 2 (36 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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2015 MARKET REPORT ARCHIVES
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Golf Joke
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Bad Day
A very bad golfer is playing at new course and he is having a very bad day. He is on the 18th hole, and he see's a lake.
He says to his caddy "I think I'm going to go drown myself in that lake". The caddy says" I don't think you can, you can't keep your head down that long.
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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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