Southwest FL Real Estate Trends

Southwest FL Real Estate Trends in Naples, Bonita Springs, Estero and Marco Island through the month of June continues to show very strong buyer activity for the month especially in the luxury real estate market. Although we are in the summer months, homebuyers are actively looking for properties to purchase. The luxury real estate market, homes above $1 million, are especially hot!

Southwest FL Real Estate Trends for Naples, Bonita Springs and Estero

Closed sales year-to-date increased slightly from 7,010 to 7,139, which was similar to the same time period last year
Luxury Home sales priced above $2 million showed a significant increase of 21.6 percent compared to last year
Inventory as of July 1st of this year was 6,608 residential properties compared to 6,443 a year ago which represents a 6.6 months supply of properties for sale.
Total new listings added to the market for the past 12 months was 17,474 which is a decrease of 14 percent compared to the prior year.
The Average Sales price for the 12 months ending June 30th, 2018 increase 8 percent up to $566,277
Luxury Homes Sales above $2 million increased 3.4 percent over the past 12 months

Marco Island Real Estate Trends

Closed sales fell from 531 to 497 this year for January through June
Overall closed sales for the past 12 months declined 12 percent from 929 to 819 year over year.
Inventory as of July 1st of this year was 612 properties which is down from 683 during the same time in 2017.
Over the past 12 months ending June 30th, there were 1,292 listings added to the market which was down from 1,472.
The average sales price for the past 12 months remained the same at $738,724.
Median sales price decline slightly during the past 12 months from $576,381 down to $563,931

Southwest FL Real Estate Trends for Golf Community Single Family Homes

Audubon Country Club – 21 properties for sale, 18 properties closed over past 12 months and average sales price $937,350

Bonita Bay – 31 properties for sale, 75 properties closed over past 12 months and average sales price $1,176,430

Collier’s Reserve – 10 properties for sale, 20 properties closed over past 12 months and average sales price $1,171,063

Grey Oaks – 32 properties for sale, 59 properties closed over past 12 months and average sales price $2,514,703

Kensington – 9 properties for sale, 18 properties closed over past 12 months and average sales price $953,819

Lely Resort – 86 properties for sale, 120 properties closed over past 12 months and average sales price $651,358

Mediterra – 40 properties for sale, 34 properties closed over past 12 months and average sales price $2,201,919

Olde Cypress – 23 properties for sale, 31 properties closed over past 12 months and average sales price $790,113

Palmira – 23 properties for sale, 40 properties closed over past 12 months and average sales price $542,441

Pelican Bay – 17 properties for sale, 52 properties closed over past 12 months and average sales price $2,042,114

Pelican Bay (Bay Colony) – 6 properties for sale, 5 properties closed over past 12 months and average sales price $3,480,000

Pelican Landing – 26 properties for sale, 33 properties closed over past 12 months and average sales price $716,082

Pelican Landing (The Colony) – 7 properties for sale, 4 properties closed over past 12 months and average sales price $915,000

Pelican Marsh – 31 properties for sale, 44 properties closed over past 12 months and average sales price $1,387,657

Pelican Sound – 3 properties for sale, 10 properties closed over past 12 months and average sales price $601,400

Quail Creek – 18 properties for sale, 23 properties closed over past 12 months and average sales price $962,130

Quail West – 56 properties for sale, 52 properties closed over past 12 months and average sales price $2,301,732

Tiburon – 6 properties for sale, 8 properties closed over past 12 months and average sales price $1,856,500

Vineyards – 52 properties for sale, 55 properties closed over past 12 months and average sales price $646,048

West Bay Club – 22 properties for sale, 29 properties closed over past 12 months and average sales price $1,228,317

Southwest FL Real Estate Trends for Golf Community Condos

Bonita Bay – 64 properties for sale, 111 properties closed over past 12 months and average sales price $654,007

Grey Oaks – 14 properties for sale, 13 properties closed over past 12 months and average sales price $1,026,077

Kensington – 22 properties for sale, 20 properties closed over past 12 months and average sales price $431,433

Lely Resort – 113 properties for sale, 141 properties closed over past 12 months and average sales price $298,314

Mediterra – 13 properties for sale, 23 properties closed over past 12 months and average sales price $596,880

Olde Cypress – 7 properties for sale, 5 properties closed over past 12 months and average sales price $432,400

Palmira – 15 properties for sale, 21 properties closed over past 12 months and average sales price $333,269

Pelican Bay – 111 properties for sale, 233 properties closed over past 12 months and average sales price $877,495

Pelican Bay (Bay Colony) – 14 properties for sale, 28 properties closed over past 12 months and average sales price $3,121,214

Pelican Landing – 35 properties for sale, 55 properties closed over past 12 months and average sales price $338,555

Pelican Landing (The Colony) – 54 properties for sale, 40 properties closed over past 12 months and average sales price $849,237

Pelican Marsh – 35 properties for sale, 58 properties closed over past 12 months and average sales price $436,552

Pelican Sound – 22 properties for sale, 68 properties closed over past 12 months and average sales price $305,590

Tiburon – 18 properties for sale, 23 properties closed over past 12 months and average sales price $759,891

Vineyards – 89 properties for sale, 114 properties closed over past 12 months and average sales price $352,158

West Bay Club – 3 properties for sale, 35 properties closed over past 12 months and average sales price $498,371

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

So, if you’re ready to begin your search for your Southwest Florida Luxury dream home or condo, I encourage you to explore my website to find information about communities in the area. If golf is your game, I specialize in golf community real estate and would be happy to help you navigate the more than 100 different golf communities in our area. If you prefer a more direct approach, I will provide a list of properties that meet your criteria and/or communities that meet your needs.

Also, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours. There is no cost to you to have an agent represent you. In fact, I may be able to help you save money and negotiate for extras which the builder may not let you know about.

Lastly, I will handle all contract negotiations for your property from offer to close!

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor in Naples, Bonita Springs or Estero who will help you achieve your Real Estate needs, please reach out to me directly.

Additionally, if you are looking for a golf community expert or your are considering buying or selling a home, a luxury home, luxury vacation home, luxury golf home or dream home, call me or text me on my mobile phone at 239-370-0892 or email me at Matt@NaplesGolfGuy.com

About Matthew Klinowski, PA