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NaplesGolfGuy Report

November 2015

NAPLES MARKET REVIEW
THIRD QUARTER MARKET REPORT     

Southwest Florida's single-family home price growth in the third quarter was among the highest in the nation according to the latest report released by the National Association of Realtors.

In Naples, overall closed sales for single-family homes in the $1-million to $2-million price category outpaced all other price categories with a 79 percent increase (quarter over quarter) from 56 single-family homes sold in the Third Quarter of 2014 to 100 sold in the Third Quarter of 2015 according to NABOR's latest statistics.

Geographically, inland neighborhoods of Naples and the South Naples condo market saw the most activity.  According to a quarterly comparison of the Q3 2014 versus Q3 2015, the South Naples condo market saw an 8% increase in pending sale, a 9% increase in closed sales, and a 24% increase in median closed price.

Additional market highlights for Q3: 
  • Pending sales decreased 1% from 2,304 to 2,270
  • Closed sales increased 3% from 9,658 to 9,956
  • Inventory decreased3% from 3,702 to 3,606 homes
  • There is a 4.24 months supply of inventory
  • Average days on market decreased 1% to 77 days

Featured Property              $1,520,000
Olde Cypress - Single Family
2852 Wild Orchid Ct.

5 Bedrooms 
4 Full Baths + 2.5 Half Baths 
4,299 Sq. Ft.   
Built 2002

Two Story Luxurious Custom Built Family or Vacation Home on a Private Cul-De-Sac. Enjoy the Serene View of the Golf Course and Gentle Preserve with Captivating Wildlife all from your Brick Paver Back Lanai. You will love the Winding Staircase, Decorative Arches, Gas Fireplace, Mahogany Wood and Tile Flooring, Plantation Shutters, Electric Heated Pool Including a Lap Lane and Spa, Paver Driveway leading to the Side Entry 3+ Car Garage, Chef's Eat-In Kitchen with Stainless Steel Appliances and Walk-In Pantry. This Home Sits on the Largest Lot in Olde Cypress. Enjoy the Unparalleled Clubhouse with Fine Dining, Fitness Center, Tennis Complex with Grandstand, Community Pool and P.B. Dye Golf Course.

 
 
Bonita Springs/Estero Market Trends  
OCTOBER MARKET REPORT
 
Single family home sales in the Bonita Springs and Estero area saw a significant decrease in the number of days on market which dropped 20% in October when compared to the previous year.  The average days on market was only 28 days.

The number of single family home sales also dropped in October, down 27.7% from 101 in October of 2014 to 73 in October 2015.  New pending sales remained consistent year-over-year.  New listings dropped slightly going from 150 last year in October vs. 138 this year. 

   
 
 

Featured Property              $474,500     
PRICE REDUCED  
Wyndemere Country Club
 
Single Family Home

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.

 
Golf Humor

     

Golf  Community of the Month
OLDE CYPRESS
 

Location:Naples
Club Type:Private
Membership Type:Equity

 

 

 

 

 

Membership Fees

Initiation Fee:$45,000
Golf Dues:$9,395

Home Price Ranges - View Available Properties
Single Family:$455,000 - $1,980,000
Condos:$329,900 - $649,900

 

 

 

 

Golf Course Information

Course Architects
P.B. Dye
Number of Courses1 (18 Holes)
Caddies AvailableNo
Practice RangeYes
Own your own cartYes

  


Happy Turkey Day! 

 



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
Your #1 Source for SWFL
Golf Properties
Matthew Klinowski
Downing Frye Realty
239-370-0892
Matt@NaplesGolfGuy.com

 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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Why Live In Naples?
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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