Southwest Florida Real Estate Trends

Real estate trends in Naples, Bonita Springs, Estero and Marco Island through the month of April continue to show very strong buyer activity despite the low inventory. Additionally, as we head into the summer months, homebuyers are actively looking for properties to purchase.

Naples, Bonita Springs and Estero Real Estate Trends

Closed sales year-to-date increased from 4,480 to 4,312, or a 4 percent during the same time period last year
Luxury Home sales priced above $2 million showed a significant increase of 34.7 percent compared to last year
Inventory as of May 1st of this year was 7,538 residential properties compared to 7,638 a year ago. So this is 1 percent than lower than last year’s overall inventory.
Total new listings added to the market for the past 12 months was 17,526 which is a decrease of 13.6 percent compared to the prior year.
Similar to last year, there is currently a 7.5 month supply of properties available on the market
The Average Sales price for the 12 months ending April 30th, 2018 increase 8.7 percent up to $560,290
Luxury Homes Sales above $2 million declined 2.4 percent over the past 12 months, however, year-to-date luxury homes are up 3.5 percent.

Marco Island Real Estate Trends

Closed sales fell from 335 to 301 this year for January through April
Overall closed sales for the past 12 months declined 9.8 percent from 908 to 918 year over year.
Inventory as of May 1st of this year was 665 properties which is down from 765 during the same time in 2017.
Over the past 12 months ending April 30th, there were 1,297 listings add to the market which was a 12.5 percent decline
The average sales price for the past 12 months remained the same at $730,214
Median sales price decline slightly during the past 12 months from $573,257 down to $558,432

Golf Community Single Family Home Real Estate Trends

Audubon Country Club – 25 properties for sale, 17 properties closed over past 12 months and average sales price $930,917

Bonita Bay – 37 properties for sale, 66 properties closed over past 12 months and average sales price $1,235,148

Collier’s Reserve – 17 properties for sale, 17 properties closed over past 12 months and average sales price $1,158,597

Grey Oaks – 37 properties for sale, 72 properties closed over past 12 months and average sales price $2,556,042

Kensington – 10 properties for sale, 17 properties closed over past 12 months and average sales price $913,288

Lely Resort – 92 properties for sale, 125 properties closed over past 12 months and average sales price $686,413

Mediterra – 55 properties for sale, 33 properties closed over past 12 months and average sales price $2,203,765

Olde Cypress – 34 properties for sale, 31 properties closed over past 12 months and average sales price $789,964

Palmira – 27 properties for sale, 32 properties closed over past 12 months and average sales price $562,427

Pelican Bay – 21 properties for sale, 45 properties closed over past 12 months and average sales price $1,730,978

Pelican Bay (Bay Colony) – 9 properties for sale, 5 properties closed over past 12 months and average sales price $3,480,000

Pelican Landing – 34 properties for sale, 39 properties closed over past 12 months and average sales price $777,126

Pelican Landing (The Colony) – 11 properties for sale, 5 properties closed over past 12 months and average sales price $1,342,000

Pelican Marsh – 39 properties for sale, 41 properties closed over past 12 months and average sales price $1,241,811

Pelican Sound – 3 properties for sale, 8 properties closed over past 12 months and average sales price $599,875

Quail Creek – 24 properties for sale, 22 properties closed over past 12 months and average sales price $929,318

Quail West – 66 properties for sale, 52 properties closed over past 12 months and average sales price $2,271,602

Tiburon – 10 properties for sale, 7 properties closed over past 12 months and average sales price $1,913,143

Vineyards – 55 properties for sale, 48 properties closed over past 12 months and average sales price $626,576

West Bay Club – 23 properties for sale, 34 properties closed over past 12 months and average sales price $1,224,153

Golf Community Condo Real Estate Trends

Bonita Bay – 77 properties for sale, 116 properties closed over past 12 months and average sales price $624,031

Grey Oaks – 11 properties for sale, 11 properties closed over past 12 months and average sales price $1,064,455

Kensington – 28 properties for sale, 16 properties closed over past 12 months and average sales price $417,400

Lely Resort – 125 properties for sale, 150 properties closed over past 12 months and average sales price $602,903

Mediterra – 55 properties for sale, 33 properties closed over past 12 months and average sales price $2,203,765

Olde Cypress – 7 properties for sale, 6 properties closed over past 12 months and average sales price $423,550

Palmira – 16 properties for sale, 19 properties closed over past 12 months and average sales price $339,403

Pelican Bay – 143 properties for sale, 234 properties closed over past 12 months and average sales price $854,849

Pelican Bay (Bay Colony) – 27 properties for sale, 25 properties closed over past 12 months and average sales price $3,041,660

Pelican Landing – 42 properties for sale, 59 properties closed over past 12 months and average sales price $332,814

Pelican Landing (The Colony) – 61 properties for sale, 51 properties closed over past 12 months and average sales price $879,389

Pelican Marsh – 50 properties for sale, 53 properties closed over past 12 months and average sales price $444,604

Pelican Sound – 32 properties for sale, 66 properties closed over past 12 months and average sales price $303,528

Tiburon – 22 properties for sale, 26 properties closed over past 12 months and average sales price $740,342

Vineyards – 100 properties for sale, 103 properties closed over past 12 months and average sales price $344,606

West Bay Club – 8 properties for sale, 41 properties closed over past 12 months and average sales price $508,000

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

So, if you’re ready to begin your search for the Best Southwest Florida Luxury Golf Properties or your dream home or condo, I encourage you to explore my website to find information about one of these neighborhoods or other communities in southwest Florida. 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 to find the top golf properties available. 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. For more information about the top golf properties in SWFL please reach out to me directly!

Bottom Line:

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.

If you’re looking for information about a specific community in Bonita Springs, Estero or Naples, please contact me and I will prepare a custom market report for you. I will provide the market information and insights to help make sure you select your dream home!

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