Milano Naples Condo Back on the Market!

This Milano Naples Condo has just returned to the market. A BRIGHT and SPACIOUS condo featuring an open floor concept on the main floor. This North Naples unit includes three bedrooms, and two and a half bathrooms.

15640 Marcello Cir. N. Unit 164 Naples, FL – List Price $427,500

More About This Milano Naples Condo:

This Milano Condo is situated on one of the BEST LOTS in the community overlooking the widest part of the lake. Enjoy your morning coffee on the lanai overlooking the picturesque lake. The kitchen boasts high ceilings allowing for plenty of light to fille the home.

The master bedroom has high vaulted ceilings, walk in closet and an on-suite bathroom with walk in shower and dual sinks. Whether you are looking for a starter home or a vacation home, this is a must see unit!

• 3 Bedrooms
• 2.5 Bathrooms
• 1,580 Square feet under air
• 1 Car Garage
• Built in 2006

Milano’s amenities include lighted tennis courts, community pool, basketball court and dog park. All located just minutes from I-75 and close to many shopping and dining options and 10 minutes to beaches!

Considering buying or selling a home in Naples? Let’s connect to discuss your options, call or text 239.370.0892.

Should You Sell Your Home?

With almost 20 years of experience helping sellers with their golf community real estate needs, we would like to share our strategy for how we are helping maximize the number of offers homeowners are receiving and ultimately higher sales prices.

As an experienced real estate team, we have made a career out of helping people sell homes in premier golf communities. As you may well know, opportunities such as today’s market for sellers only comes every so often.

Home Selling Tips

Make Your Home Listing Stand Out

Why Hire a Real Estate Agent to Sell Your Home

Home Selling Tips…

Kensington Home Under Contract!

This spacious Kensington home just went to contract. Working with Naples Golf Guy Team, our clients found this fabulous golf home in Kensington Country Club.

4072 Kensington High St. Naples, FL 34105 – List Price – $1,225,000

More About This Kensington Home Pending Sale:

This single-family home sits on one of the best lots in Kensington! The ultimate Naples Lifestyle with a magnificent view of the golf course and tranquil lake! With a Western exposure the home boasts spectacular views of our beautiful Florida sunsets.

The home was recently renovated and offers plenty of natural light. Soaring ceilings, new porcelain tile flooring, coffer ceilings, porcelain solid surface counter tops. The kitchen boasts stainless steel appliances, a desirable gas stove, and expansive quality cabinets. The spacious master suite has granite counters with dual sinks and a Spa Inspired Steam Shower with dual shower heads.

Truly paradise!

• 2 Bedrooms Plus Den
• 2 Bathrooms
• 1,949 Square feet under air
• Built in 1998

Are you considering buying or selling a home in Kensington? Let’s connect to discuss your options – 239.370.0892.

More about Kensington Golf and Country Club

Kensington Golf & Country Club is a Scottish links-style course featuring many water hazards but only a few trees coming into play on most holes. The course was built on rolling terrain, and large mounds are used to define the layout of the individual holes. The greens are fairly large, undulating, and fast, including many that are elevated and multi-tiered. The signature hole is the 8th, a 195-yard, par 3, known as a “Redan hole,” requiring a tee shot over water to an elevated and sloped green.

In addition to golf, the club offers both casual and formal dining options at the main clubhouse as well as resort-style food and beverage service adjacent to the pool. Also, members have access to a wide array of club amenities including an Olympic-sized heated swimming pool with cabanas, seven Har-Tru tennis courts, four Pickleball courts, two Bocce courts, state-of-the-art fitness center including a Pilates studio.

This gated golf community has a total of 565 properties.  There are four neighborhoods of coach homes with two units per building.  All of the units have garages and are located on the golf course and have fantastic views.

There are six neighborhoods of single-family homes and villas throughout the community.  The homes range from 2,100 to 5,000 square feet.  Most of these homes are located on the golf course.

Learn more about Kensington GC…

Why Buying a Vacation Home Beats Renting One This Summer

For many of us, visiting the same vacation spot every year is a summer tradition that’s fun, relaxing, and restful. If that sounds like you, now’s the time to think about your plans and determine if buying a vacation home this year makes more sense than renting one again. According to Forbes:

“. . . if the idea of vacationing at the same place every year makes you feel instantaneously relaxed, buying a vacation home might be a wise move.”

To help you decide if making a move like this is right for you, let’s explore why you may want to consider purchasing a vacation home today.

Benefits of Owning Your Vacation Home

You don’t have to worry about finding a place to stay. It can be a challenge to find a rental where you want, when you want. Some summer vacation destinations are more popular than others, meaning your favorite place may be booked up in advance. Bankrate explains why owning your vacation home means you don’t have to worry about that sort of inconvenience:

“. . . a second home can offer a place to have quality time with your family and ensures that you always have a vacation destination.”

It’s an investment. Home values typically appreciate over the long haul. That holds true for your vacation home as well, especially if it’s in an area with growing market demand. This can help grow your net worth with time.

Vacation homes may provide tax benefits. If you own a vacation home, you may be eligible for tax deductions based on where it is. However, before buying, you’ll want to consult with a tax professional to discuss first as taxes can vary by location.

It could potentially turn into a retirement location. If you love the location of your vacation home, you could potentially sell your primary residence and retire there in the future.

How a Pro Can Help You Find Your Perfect Match

As you’re preparing for summer vacation, remember, you could potentially visit your second home instead of another rental unit or hotel. If that sounds appealing to you, a

local real estate agent is your best resource. They have the knowledge and resources to help you understand the area and what vacation homes are available in your budget. Plus, these agents can explain the perks of how owning a second home can benefit you.

Bottom Line

If any of these reasons for owning a vacation home resonate with you, let’s connect. You still have time to enjoy spending the summer in your vacation home.

June 4th, 2023 Posted by Matt

Talis Park Price Reduction!

Talis Park Price Reduction of $100,000 on this stunning Corsica Coach Home. A 1st-floor “Messina” Model that lives like a single-family home. BRIGHT and LIGHT, this Southern exposure home overlooks a serene lake on one of THE BEST LOTS in Corsica.

16312 Corsica Way S. Unit 101 Naples, FL 34110 – List Price $1,894,999

More About This Luxury Coach Home

Move right into this spacious 2023 coach home that was just completed and features high ceilings and is LOADED WITH UPGRADES including engineered hardwood floors and tile throughout as well as custom lighting. An ADDITIONAL DEN offers plenty of space for an office or home gym.

A CHEF’s DREAM KITCHEN with a Gas stove, oversized kitchen island, extended upper kitchen cabinets, built-in fridge, wine cooler, and walk-in pantry is at the heart of this open floor plan concept. The lanai includes an OUTDOOR KITCHEN and GAS GRILL! The attached 2-car garage has upgraded epoxy flooring and an extra storage area.

• 3 Bedrooms plus a den
• 3 Bathrooms
• 2,532 Square feet under air
• Built in 2023

Best of all, you can lock it and leave the unit and all the exterior maintenance is included. Call us today for a private tour at 239.370.0892.

More about Talis Park:

Talis Park’s AWARD WINNING golf course was designed by Greg Norman and Pete Dye. In addition to golf, those with a golf membership will enjoy world-class practice facilities including a full grass driving range, chipping and putting area.

All residents have access to multiple dining options, clubhouse, Har-Tru tennis courts, Pickleball courts, bocce ball, fitness center, full-service spa, basketball court, dog park, walking trails, and private beach shuttle to Vanderbilt Beach.

The course is in the midst of a multi-million dollar renovation and is scheduled to re-open this fall. Learn more about Talis Park…

Are you considering selling your home in Talis Park? Let’s connect to discuss how the market has changed and what your home is worth in today’s market – 239.370.0892.

Home Selling Tips

Make Your Home Listing Stand Out

Why Hire a Real Estate Agent to Sell Your Home

Home Selling Tips…

Coconut Shores Villa Just Listed!

Newly renovated Coconut Shores Villa is new to the market! Listed by the Naples Golf Guy Team, this villa is move-in ready.

23111 Coconut Shores Dr. Estero, FL – List Price $525,000

More About this Coconut Shores Villa:

From the coastal design elements to the extensive upgrades, you’ll fall in love instantly! The spacious floor plan allows for guests to have privacy in their own wing separate of the master bedroom. The den can easily be converted to a third bedroom and allows for privacy thanks to the pocket doors!

This home has PLENTY of STORAGE thanks to BUILT OUT CLOSETS, abundance of cabinets, and two car garage!

Notable upgrades include flooring, NEW ROOF (2023), newer AC and hot water heater, HURRICANE SHUTTERS, & MORE (ask for the UPGRADE LIST)!

Enjoy all of the stunning Florida weather on the EXTENDED, SCREENED LANAI with a PRIVATE LANDSCAPED VIEW!

• Two Bedrooms plus Den
• Two Bathrooms
• 1,708 Square feet under air
• Year Built: 2002

Coconut Shores is a quaint community with LOW HOA DUES offering a wide array of amenities including a community pool and spa, fitness room, clubhouse, tennis courts, pickleball, fishing pier, tiki hut, and plenty of social events to meet new friends!

The location is UNBEATABLE! Just West of US 41 between Fort Myers and Naples, this gated community is close to world class dining, shopping, golf, the sandy white beach of the Gulf of Mexico, hospitals and all just within minutes from the airport!

If you are considering selling, you still have an opportunity to maximize the value of your home. Call or text us today – 239.370.0892.

Southwest FL Golf Home Trends

Your go-to resource for Southwest FL golf home trends for Naples, Bonita Springs, Estero, Fort Myers, Bradenton, Lakewood Ranch, and Sarasota. Depending on the type of community, there may be a waitlist for membership. In some cases, it is less than a year and in other cases, it is as long as 10 years.

Despite the waitlists, there are options for immediate golf privileges in many communities. It is important to have an experienced golf community expert help you navigate your options to ensure you find the lifestyle, community, and golf course of your dreams.

With more than 150 golf communities in the area, it is a challenge to navigate all the various options for golf membership. That’s where we come in. Our vast relationships with all the golf communities from Naples to Sarasota allow us to serve our clients by making the home-buying or selling process an easy and enjoyable one.

While it may seem overwhelming at first, once we know how often you play, other desired club amenities, property type and price range we can help you narrow the list of clubs down to a handful that will potentially offer you the Florida golf lifestyle you are looking for.

Below you will find highlights for the latest real estate statistics for single-family golf homes and golf condos in our area for the past 12 months.

SW FL Golf Home Trends – Single Family Homes

 

 

NAPLES FL Golf Home Trends – Single Family Homes

Audubon Country Club – 8 properties for sale, 17 properties closed over the past 12 months and average sales price $2,246,912

Collier’s Reserve – 2 properties for sale, 17 properties closed over the past 12 months and average sales price $2,512,059

Greyhawk at GC of the Everglades – 7 properties for sale, 39 properties closed over the past 12 months and average sales price $1,120,666

Grey Oaks – 15 properties for sale, 33 properties closed over the past 12 months and average sales price $4,149,258

Kensington – 2 properties for sale, 21 properties closed over the past 12 months and average sales price $1,588,245

Lely Resort – 20 properties for sale, 99 properties closed over the past 12 months and average sales price $1,431,040

Mediterra – 10 properties for sale, 25 properties closed over the past 12 months and average sales price $4,203,940

Olde Cypress – 5 properties for sale, 29 properties closed over the past 12 months and average sales price $1,636,862

Pelican Bay – 18 properties for sale, 23 properties closed over the past 12 months and average sales price $4,787,137

Pelican Bay (Estates at Bay Colony) – 1 property for sale, 0 properties closed over the past 12 months

Pelican Marsh –10 properties for sale, 32 properties closed over the past 12 months and average sales price $1,882,391

Quail Creek – 4 properties for sale, 20 properties closed over the past 12 months and average sales price $2,246,940

Quail West – 16 properties for sale, 31 properties closed over the past 12 months and average sales price $4,300,976

Talis Park – 4 properties for sale, 15 properties closed over the past 12 months and average sales price $3,989,733

Tiburon – 4 properties for sale, 10 properties closed over the past 12 months and average sales price $3,628,500

Treviso Bay – 1 properties for sale, 17 properties closed over the past 12 months and average sales price $1,817,000

Vineyards – 5 properties for sale, 66 properties closed over the past 12 months and average sales price $1,447,417

 

BONITA SPRINGS FL Golf Home Trends – Single Family Homes

Bonita Bay – 13 properties for sale, 29 properties closed over the past 12 months and average sales price $2,588,155

Palmira – 10 properties for sale, 27 properties closed over the past 12 months and average sales price $1,058,574

Pelican Landing – 9 properties for sale, 47 properties closed over the past 12 months and average sales price $1,356,952

Pelican Landing (The Colony) – 2 properties for sale, 7 properties closed over the past 12 months and average sales price $2,227,143

 

 

ESTERO FL Golf Home Trends – Single Family Luxury Homes

Miromar Lakes – 7 properties for sale, 38 properties closed over the past 12 months and average sales price $2,181,121

Pelican Sound –  1 property for sale, 6 properties closed over the past 12 months and average sales price $1,158,801

Shadow Wood – 5 properties for sale, 49 properties closed over the past 12 months and average sales price $1,745,082

West Bay Club – 2 properties for sale, 24 properties closed over the past 12 months and average sales price $1,404,854

 

 

FORT MYERS FL Golf Home Trends – Single Family Luxury Homes

Gulf Harbour Yacht and Country Club – 7 properties for sale, 29 properties closed over the past 12 months and average sales price $1,816,003

The Forest – 5 properties for sale, 32 properties closed over the past 12 months and average sales price $731,797

BRADENTON Florida Golf Home Trends – Single Family Luxury Homes

Concession – 5 properties for sale, 12 properties closed over the past 12 months and average sales price $3,280,930

Founders Club – 4 properties for sale, 14 properties closed over the past 12 months and average sales price $2,319,279

Esplanade at Lakewood Ranch – 6 properties for sale, 39 properties closed over the past 12 months and average sales price $1,066,921

Esplanade at Azario – 0 properties for sale, 56 properties closed over the past 12 months and average sales price $972,814

 

 

 

 

 

 

 

SARASOTA FL Golf Home Trends – Single Family Luxury Homes

TPC Prestancia – 8 properties for sale, 7 properties closed over the past 12 months and average sales price $1,349,857

 

 

FL Golf Home Trends – Condos

 

 

 

NAPLES FL Golf Home Trends –  Condos

Audubon Country Club – 0 properties for sale, 3 properties closed over the past 12 months and average sales price $1,375,333

Grey Oaks –  1 property for sale, 20 properties closed over the past 12 months and average sales price $2,371,150

Hammock Bay – 17 properties for sale, 39 properties closed over the past 12 months and average sales price $794,657

Kensington – 3 properties for sale, 18 properties closed over the past 12 months and average sales price $833,250

Lely Resort – 31 properties for sale, 125 properties closed over the past 12 months and average sales price $573,149

Mediterra – 7 properties for sale, 23 properties closed over the past 12 months and average sales price $2,060,174

Pelican Bay – 73 properties for sale, 253 properties closed over the past 12 months and average sales price $1,909,258

Pelican Marsh – 6 properties for sale, 56 properties closed over the past 12 months and average sales price $808,329

Talis Park – 21 properties for sale, 37 properties closed over the past 12 months and average sales price $1,752,632

Tiburon – 9 properties for sale, 26 properties closed over the past 12 months and average sales price $1,568,500

Treviso Bay – 16 properties for sale, 53 properties closed over the past 12 months and average sales price $587,874

Vineyards – 20 properties for sale, 100 properties closed the over past 12 months and average sales price $673,142

 

 

 

 

BONITA SPRINGS FL Golf Home Trends – Condos

Bonita Bay – 50 properties for sale, 141 properties closed over the past 12 months and average sales price $1,865,385

Palmira – 2 properties for sale, 18 properties closed over the past 12 months and average sales price $660,794

Pelican Landing – 6 properties for sale, 62 properties closed over the past 12 months and average sales price $589,352

Pelican Landing (The Colony) – 28 properties for sale, 59 properties closed over the past 12 months and average sales price $1,474,575

 

 

 

 

 

ESTERO FL Golf Home Trends – Condos

Miromar Lakes – 5 properties for sale, 30 properties closed over the past 12 months and average sales price $996,167

Pelican Sound – 1 property for sale, 37 properties closed over the past 12 months and average sales price $590,069

Shadow Wood – 6 properties for sale, 30 properties closed over the past 12 months and average sales price $639,113

West Bay Club – 7 properties for sale, 21 properties closed over the past 12 months and average sales price $935,043

 

 

 

 

 

FORT MYERS FL Golf Home Trends – Condos

Gulf Harbour Yacht and Country Club – 28 properties for sale, 90 properties closed over the past 12 months and average sales price $935,043

 

 

 

 

 

 

BRADENTON FL Golf Home Trends – Condos

Esplanade at Lakewood Ranch – 3 properties for sale, 6 properties closed over the past 12 months and average sales price $481,167

Esplanade at Azario – 0 properties for sale, 19 properties closed over the past 12 months and average sales price $474,339

SARASOTA FL Golf Home Trends – Condos

TPC Prestancia – 5 properties for sale, 2 properties closed over the past 12 months and average sales price $607,500

More Southwest Florida Golf Community Housing Trends

Overall, inventory for Luxury golf properties in our area remains historically low, however, depending on the community and the neighborhood inventory has increased compared to this time last year. If you are considering buying a luxury golf home, we will help you find the community and home to fit your lifestyle.

If you are considering selling, it is still a seller’s market and you have time to catch the top of the market. Call us today to learn your home’s value and how we can help you sell it for maximum value. What is my home worth…

If are considering buying a home we can help you identify which golf community or communities will fit your lifestyle and match your criteria for amenities in your price range. With the various fees associated with each golf community, it can be a challenge to determine what your total obligation will be for membership initiation fees as well as the annual membership dues, capital improvements and home owners association fees.

Since each community varies we recommend you use a professional Realtor with experience in golf communities to navigate your way through your options. We’ve been helping connect buyers and sellers in golf communities for more than 20 years.

If you do not see a snapshot of the southwest Florida luxury private golf club community you are interested in, contact us for complete market analysis. Call, email or text us today for all of your real estate needs – 239.370.0892.

Another Heritage Bay Golf Condo Listed!

This Heritage Bay Golf Condo Listed includes a FULL GOLF MEMBERSHIP in one of the best bundled golf communities in Naples, Florida.

10230 Heritage Bay Blvd. Unit 413 Naples, FL – Sold Price $565,000

More About this Heritage Bay Golf Condo:

FULL GOLF MEMBERSHIP INCLUDED with this 1st floor condo in Heritage Bay. This spacious verandah home offers a spectacular view of the golf course and tranquil lake all from the comfort of the screened in lanai and living area. From the moment you walk in this TURNKEY furnished unit you’ll see it is in immaculate condition and move-in ready. The kitchen includes stainless steel appliances, granite countertops and crown molding.

Most important, this 2 bed plus den and 2 bath condo is in one of the BEST BUNDLED GOLF communities in Naples.

• Two Bedrooms
• Two Bathrooms
• 1,414 Square feet under air
• Year Built: 2006

If you are considering selling, you still have an opportunity to maximize the value of your home. Call or text us today – 239.370.0892.

More About Heritage Bay Golf & Country Club

Heritage Bay is a bundled golf community located in North Naples.  Your membership fees will be included in the purchase of the home and monthly dues are included in your regular community fees.  The golf course was designed by Gordon Lewis and Jed Azinger and includes spacious fairways and undulating greens.  Also, there is a large practice area with an aqua range and short game area.

Additionally, the club recently completed a $10 million improvement project to enhance the amenities for all residents of Heritage Bay. There is a brand new resort-style pool with a full service outdoor restaurant. The clubhouse has an updated Grille room overlooking the golf course and offers a casual dining option for members to enjoy after a round of golf.

Beyond golf, club amenities include 7 Har-Tru tennis courts, fitness center, pickleball courts, bocce courts and a full social calendar!

Finally, the golf course is surrounded by single family homes, condos and coach homes.  Learn more about Heritage Bay…

Begin Your Own Property Search for the Best Luxury Golf Properties:

April 2023 Naples Housing Market Stats

The latest Naples housing market stats showed 947 properties sold for just over $999 Million. The largest sale was for $18 million in Olde Naples. Additionally, 277 of the real estate transactions for the month were at or above $1 Million.

Overall inventory ended the month with 2,868 properties for sale. However, similar to other Southwest Florida cities, the numbers are very misleading. In April of 2019, before the pandemic, Naples had just over 6,435 properties for sale. Inventory ended the month at 45 percent of what we normally have during this time of year.

Demand remains strong for the Florida lifestyle. In fact, U.S. News & World Report recently released their annual Best Cities to Live Report and Naples was ranked 6th in the nation.

The bottom line, prices continue to rise due to low inventory and persistent demand.

Naples Housing Market Statistics – April 2023

April 2023 versus April 2022 Highlights

• Closed sales decreased 24 percent compared to April of last year.
• Overall pending sales decreased 18 percent versus the same time in 2022.
• Inventory increased 64 percent up from 1,745 homes to 2,868 homes for sale.
• Average days on market increased 231 percent up to 53 days compared to April of 2022.

In all, there were 431 single-family homes and 516 condos sold for a total of 947 sales during the month, which was a 24.2 percent decrease compared to the same time last year. While inventory is up significantly over last year, it actually decreased by 32 properties from March to April.

The median single family price increased significantly up to $825,000 up from $800,000 compared to the same time last year. It was also up significantly compared to the prior month when it was $740,000. Similarly, the median condo sale price was $526,000 which was a 14.3 percent increase over the same time last year. It was also up over March when it was just $495,000.

Additionally, even though the number of days it took for a property increased significantly over this time last year (231% increase), it actually decreased 53 days compared to March of this year when it was 54 days.

It remains a Seller’s market for BOTH condos and single-family homes. You still have time to cash in on the high buyer demand. What is my home worth…

With low inventory of existing homes for sale, there’s been a notable increase in buyers turning toward new construction. From ultra-luxury waterfront condos at Kalea Bay to bundled golf communities such as coach homes in Talis Park there are a wide array of options available.  Should I use a Realtor if I’m buying New Construction?

Whether you are buying or selling, let us help you navigate this complex market. The Naples Golf Guy team members are all REALTOR® professionals who have the expertise to provide you with timely and accurate market data. Call, email or text us today for all of your real estate needs – 239.370.0892.

Naples Housing Market Stats – Luxury Golf Home Sales in April

• $9,000,000 – 2140 Canna Way in Grey Oaks with 11,826 sq. ft. (91% of list price)
• $7,050,000 – 8787 Bay Colony Dr. Unit 602 in Pelican Bay with 4,160 sq. ft. (95% of list price)
• $5,250,000 – 2709 Buckthorn Way in Grey Oaks with 5,211 sq. ft. (88% of list price)
• $5,150,000 – 1456 Anhinga Pt. in Grey Oaks with 4,678 sq. ft. (97% of list price)
• $4,950,000 – 7918 Cocobay Dr. Unit 32 in Pelican Bay with 3,059 sq. ft. (100% of list price)
• $4,700,000 – 238 Audubon Blvd. in Audubon with 6,092 sq. ft. (97% of list price)
• $4,463,000 – 16459 Seneca Way in Talis Park with 3,998 sq. ft. (99% of list price)
• $4,400,000 – 16462 Seneca Way in Talis Park with 3,658 sq. ft. (98% of list price)
• $3,950,000 – 28090 Castellano Way in Mediterra with 3,978 sq. ft. (98% of list price)
• $3,845,000 – 4341 Brynwood Dr. in Quail West with 4,910 sq. ft. (96% of list price)

Southwest Florida Luxury Golf Properties Just Listed…

If you just want to keep an eye on the market, we can set up a custom property search that is fully automated or sign up for automatic property alerts.  Please feel free to call us any time to set up the alerts for you based on your criteria.

Another Worthington Country Club Condo Just Listed

A Worthington Country Club Condo was just listed by the Naples Golf Guy Team! This fantastic golf condo is in a top Bonita Springs bundled golf community.

13621 Worthington Way Unit 1404 Bonita Springs, FL 34135 – List Price – $339,900

 

More About This Worthington Country Club Condo New to the Market:

Enjoy Country Club living at an exceptional value! This 2 bedroom and 2 bathroom condo is just a 200 yard walk from the Worthington clubhouse and the first tee. The clubhouse and subdivision pools are also only steps away.

Enjoy beautiful sunsets and golf course views on your lanai. When you first step into your bundled golf condo you’ll notice upgraded plank flooring, granite counters, and newer kitchen appliances. The condo is tastefully decorated with great lighting throughout. This highly sought after 2nd floor Turnkey condo with a FULL GOLF MEMBERSHIP in Worthington Country Club.

• 2 Bedrooms
• 2 Bathrooms
• 1,076 Square feet under air
• Built in 1994

This home is ready to move into right away to start living the Florida lifestyle. Take a tour:

 

More about Worthington Golf Club:

Worthington Country Club is a bundled golf community located in Bonita Springs, Florida.  This Gordon Lewis championship golf course was redesigned by Chip Powell. One of the few golf courses in Bonita Springs which allows personal Golf carts!

Additionally, a recent nine million dollar makeover of the community included a new clubhouse, tropical pool, cabana, tiki bar, massage and facial rooms. Also, residents will enjoy the new activity and wellness center which includes a large fitness room with trainers and physical therapists on campus.

In addition to golf, members have access to amenities such as Tennis, Pickleball and Bocce Ball. If you are looking for an abundance of activities you will find the Worthington lifestyle is terrific.

Worthington is conveniently located within five minutes of shopping, dinning and the beautiful beaches of the Gulf of Mexico.  And, it’s just 12 miles from Southwest Florida International Airport (RSW). Learn more about Worthington Country Club…

Thinking of selling your home in Worthington? Contact us today at 239.370.0892.

April Sarasota Real Estate Report

The latest Sarasota Real Estate Report showed 719 properties sold for just over $702 Million during April in the North Port, Sarasota, and Bradenton areas.

The luxury market was strong, as evidenced by the 109 properties which sold at $1 Million and above. The highest-priced sale was for a single-family home in Longboat Key’s Country Club Shores for $6,995,000.

Overall, inventory ended the month at 2,936 properties for sale, which is up from 1,167 listings during the same time last year. However, unlike the prior month, inventory decreased by 50 properties from March to April. If you are a Buyer it means you have fewer options when it comes to re-sale properties. If you are a Seller, the good news is you are still in the driver’s seat.

Overall demand remains strong for Sarasota real estate. In a recent study by Bankrate, Sarasota’s housing market was ranked the 4th hottest metro area in the country. Punta Gorda and the Tampa-St. Pete areas were also among the top 10. Factors considered were home appreciation, one-year job growth, population growth, active listings, days on the market, and unemployment rate.

Additionally, U.S. News & World Report recently released their annual Best Cities to Live Report and Sarasota was ranked 5th in the nation.

Whether you are buying or selling a home, it is important to remember real estate trends are local. Most importantly, according to Chief Economist Ali Wolf, “There is no national housing market,” she continues. “Every single city and every single street across the country has its own unique housing market.” What is happening in resort destinations such as Sarasota continues to be different from other areas of the country. If you have questions about a specific area or neighborhood, contact us for more information.

Sarasota Real Estate Report – Single-Family Homes

April 2023 versus April 2022 Single Family Home Highlights:

• Closed sales decreased 5.7 percent going from 792 transactions down to 747 sales.
• Pending sales fell from 878 last April compared to 768 this April.
• Inventory increased 118.7 percent up to 1,824 homes for sale compared to this same time last year when 834 homes were for sale.
• New listings decreased from 1,104 down to 845 which was a 23.5 percent decline.
• Median days on market increased to 21 days which was a 250 percent increase versus April of 2022.
• Available inventory of single-family homes ended April with a 2.9 months’ supply of homes available for sale which was up from less than one month’s supply during April of 2022.

Although inventory rose year-over-year, it fell compared to March. The median sales price for single family homes increased 7.7 percent increase over the same time last year up to $520,000. However, the median price fell slightly from March when it was $528,013.

Additionally, days on market remained low at just 21 days from the day a property was listed until it went under contract. Unlike the prior month, the days on market fell from 25 days to contract in March down to 21 days in April.

Bottom line: It remains a Seller’s market for Sarasota single-family homes.

So, if you are thinking about selling your property in the Sarasota area, call, email, or text us today – at 239.370.0892 for a complimentary market analysis.

On the other hand, since real estate is truly local, it could vary from neighborhood to neighborhood. Some neighborhoods have plenty of inventory and there are multiple options to choose from.  Whether you are just beginning your search or you want to stay up to date on the latest trends in a particular neighborhood, now may be a good time to start watching for properties that meet your criteria. New listings are hitting the market every day, so if you want to stay up to date we can help you with automatic property alerts.

Or, if you’re not sure which community is right for you, contact us and we’ll help you identify the communities which will match the lifestyle you are seeking.

Sarasota Real Estate Report – Condos and Townhomes

 

April 2023 versus April 2022 Condo Highlights:

• Condo sales decreased 22.9 percent going from 497 real estate transactions down to 383 sales.
• Pending sales increased 6.9 percent up from 423 last April to 452 this April.
• Inventory increased 233.9 percent up to 1,112 condos for sale compared to last April when there were only 333 units for sale.
• New listings increased from 504 up to 536, a 6.9 percent increase.
• Median days to contract was 22 days which was up from 5 days last year.
• Available inventory of condos ended April with a 3.5 months’ supply of properties available for sale which was a 337.5 percent increase.

While inventory increased significantly over last year, there was only a slight increase between March and April with just 37 additional properties available for sale. So while condo inventory is moving in the right direction, we’re still well below historical norms.

Unlike the prior month, days to contract increased to 22 days up from 19 days in March and up from just 5 days during April of 2022. Finally, cash sales remained high at 62 percent of all condo sales. The good news is it wasn’t quit as high as the previous month when it was 66 percent of all condo sales. With low inventory, low days on market, and high buyer demand as evidenced by the number of cash transactions, the condo market remains a strong Seller’s market.

Bottom Line

It remains a Seller’s market for BOTH condos and single-family homes. You still have time to cash in on the high buyer demand. What is my home worth…

With low inventory of existing homes for sale, there’s been a notable increase in buyers turning toward new construction. From ultra-luxury waterfront condos at The Ritz-Carlton Residences at Sarasota Bay to bundled golf communities such as Esplanade at Azario, there are a wide array of options available.  Should I use a Realtor if I’m buying New Construction?

Whether you are buying or selling we have real estate specialists who cover the Gulf Coast from Sarasota to Naples, so if you are considering moving to the area, contact us for more information.

Sarasota Real Estate Market Reports

April 2023 Sarasota Real Estate Stats – Single Family Homes

April 2023 Sarasota Real Estate Stats – Condos

New Listings in Southwest Florida Golf Communities