Real Estate Market Report for Naples, Bonita and Estero Areas

Naples Real Estate Market Report 2015

Naples Market Reports 2015

CLOSED SALES
• Closed sales during the first 6 months of 2015 are approximately the same as prior year, with less than a 2% decrease year-over-year. This indicates
a stable market and consistent demand. Factors affecting sales pace include availability of product and pricing.
• Year-to-date, closings for properties priced above $2 million is the same as the first 6 months of 2014, with 288 closed sales.
• During the past 12 months demand remained high in the luxury segment, with 439 sales vs. 428 in the 12 months ending June 30, 2014.

NEW LISTINGS/INVENTORY
• Available inventory on July 1, 2015 in the combined Naples, Bonita Springs, Estero market stands at 4,501 available units (1,958 condominiums and
2,543 single family homes). This represents a 5% decline from a year ago, when there were 4,718 units available. Condominium supply declined 10%,
while the number of single family homes remained approximately the same.
• The rolling 12-month weighted average list price was $560,987 vs. $547,380 for the prior 12-month period. This represents a 2.5% increase in seller
price expectations.
• The rolling 12-month median list price in June 2015 was $342,000 vs. $299,999 for the prior 12 months, reflecting a 14% increase in seller price
expectations.

AVERAGE AND MEDIAN SALES PRICE
• Weighted average price for closings during the month of June 2015 increased 23.7% year-over-year from $482,827 in June 2014 to $597,112 currently.
Median price increased 12.5% from $280,000 in June 2014 to $315,000 in June 2015.
• The weighted average price for sales over $2,000,000 for the past 12 months ending June 30, 2015 was $3,935,887 vs. $3,542,914 for the 12 months
ending June 2014, reflecting an 11% increase.
• During the past 12 months, all price tiers posted increases in average sales price.

Days-on-the-Market-KCM

 

  • The National Association of REALTORS® surveyed their members for their Confidence Index
  • The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
  • Homes sold in 60 days or less in 35 out of 50 states and Washington D.C.
  • Only 7 states had a median sold date longer than 90 days.

 

Bedrooms: 4
Bathrooms: 4 full | 1 partial
Est. Square Feet: 3,877

28102 Castellano WAY

28102 Castellano WAY
28102 Castellano WAY

Homes For sale in Mediterra

28102 Castellano WAY

Amazing 2 year young great room 4BR/4.5BA plus den single family home. Gourmet designed kitchen, wine cellar, huge lanai with summer kitchen and fireplace.

Mediterra Real Estate

Mediterra Real Estate

Mediterra Real Estate

28102 Castellano WAY

28102 Castellano WAY

28102 Castellano WAY

This is what all of today’s buyers are looking for in this 2 year young resale! Open concept floor plan with great room design! Top of the line gourmet kitchen with light cabinets, Wolf and Sub-Zero appliances. Center island with extra sink and refrigerator drawers and oversized breakfast bar! Custom wine cellar perfectly situated to entertain your guests. Master suite and sitting area have panoramic views of lanai. 3 large walk-in closets in master alone! Custom great room wall unit & wet bar. Additional amenities within the home include a private and separate VIP/2nd Master Suite!! No expense was spared with quality attention to details in millwork, ceiling treatments, lighting, oversized windows & doors! Custom great room wall unit & wet bar. Screened oversized lanai includes an outdoor summer kitchen and breakfast bar, fireplace, dining & seating areas, long lake and preserve views, tons of privacy! Breathtaking curb appeal with split garages, circle driveway, mature plantings & landscaping. GOLF MEMBERSHIP ELIGIBILITY IS AVAILABLE INSTANTLY WITH THIS RESALE!!! 

28102 Castellano WAY

28102 Castellano WAY
28102 Castellano WAY

28102 Castellano WAY

Mediterra Homes for Sale

Naples Area Board of Realtors – Find a Home and Find a Realtor in Naples Florida

Statistics_2015_July_(second_quarter_2015_)_2Q_Report_Indicates_ Statistics_2015_July_(second_quarter_2015_)_2Q_Report_Indicates_ Statistics_2015_July_(second_quarter_2015_)_2Q_Report_Indicates_ Statistics_2015_July_(second_quarter_2015_)_2Q_Report_Indicates_

Naples, Fla. (July 17, 2015) – According to the Second Quarter 2015 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), 60 percent of the market experienced inventory growth, and overall sales activity remained on pace with activity experienced in the second quarter of 2014. The report also indicated a 9 percent increase in pending sales (quarter over quarter) for homes priced above $300,000. These factors and other statistics in the 2Q 2015 Market Report have led broker analysts to conclude another great year is very likely.

Broker analysts contend that the market was quite different 10 years ago with a lot of flipping and loose financing going on. But the consumer and industry setting is different today. The 2Q 2015 Market Report revealed where the differences occurred like median closed price, where prices for homes between $300,000 and $2 million leveled out increasing or decreasing 0 to 2 percent. Other differences revealed in the 2Q Report are a gradual increase in financed homes to 38.3 percent of the market in June 2015, and a non-traditional market (short sales and foreclosures) that is dwindling at just 7 percent of the market.

According to the 2Q 2015 Market Report, the Naples area experienced a 14 percent increase in overall median closed price from $255,000 in the 12-months ending 2Q of 2014 to $290,000 in the 12-months ending 2Q of 2015. Yet this increase was driven by increases at both ends of the market spectrum during this time period; i.e., an 11 percent increase in homes under $300,000, and a 15 percent increase in homes $2M and above. Incidentally, the median closed price for homes in price categories over $300,000 and under $2M decreased 1 percent.

Pockets of market highs and lows will continue to appear in the area, as demand and location continue to be major market influencers. For example, the report showed an 83 percent increase in inventory for condominiums in the $2M and above price category from 29 units in the 2Q of 2014 to 53 units in the 2Q of 2015, and a 23 percent decrease in condominium inventory in the Naples Beach area from 476 units in the 2Q of 2014 to 368 units in the 2Q of 2015.

Inventory for single-family homes continued to rise in the 2Q of 2015 with a 9 percent increase from 1,964 single-family homes in the 2Q of 2014 to 2,133 single-family homes in the 2Q of 2015. Whereas the condominium market saw an 11 percent decrease in inventory for 2Q 2015 from 1,759 condominiums in the 2Q 2014 to 1,565 condominiums in the 2Q of 2015.

The NABOR® 2Q 2015 Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. The NABOR® 2Q 2015 sales statistics are presented in chart format, including these overall (single-family and condominium) findings:

• Overall pending sales decreased 4 percent from 2,949 in the 2Q of 2014 to 2,843 in the 2Q of 2015.
• Overall closed sales remained flat with no increase or decrease reported in the 2Q of 2015.
• Closed sales for condominiums in the $300,000 to $500,000 price category increased 38 percent from 682 in the 2Q of 2014 to 938 in the 2Q of 2015.
• Overall median closed price increased 14 percent from $255,000 in the 12-months ending 2Q of 2014 to $290,000 in the 12-months ending 2Q of 2015.
• Overall inventory decreased 1 percent from 3,723 homes in the 2Q of 2014 to 3,698 homes in the 2Q of 2015.
• Overall inventory for homes in the under $300,000 price category decreased 24 percent from 1,366 homes in the 2Q of 2014 to 1,036 homes in the 2Q of 2015.
• Inventory for single-family homes in the $500,000 to $1M price category increased 32 percent from 456 single-family homes in the 2Q of 2014 to 604 single-family homes in the 2Q of 2015.
• Average days on market decreased 20 percent from 94 days in the 2Q of 2014 to 75 days in the 2Q of 2015.

The NABOR® June 2015 Market Report was also released and reflected these overall (single-family and condominium) findings:
• Overall pending sales increased 5 percent from 840 homes in June 2014 to 882 homes in June 2015.
• Overall closed sales remained flat with no increase or decrease reported in the 12-months ending June 2015.
• Overall median closed price increased 14 percent from $255,000 in the 12-months ending June 2014 to $290,000 in the 12-months ending June 2015.
• Overall inventory decreased 1 percent from 3,723 homes in June 2014 to 3,698 homes in June 2015.
• Average Days on market decreased 22 percent from 94 days in June 2014 to 73 days in June 2015.

16996 TREVISO WAY

16996 Treviso Way – Unbelievable renovation of this estate home! Freshly painted interior of home, new carpeting, updated landscaping and grounds. Professionally staged by LA based Meredith Baer productions. Meticulously maintained double estate lot on 1.63 acres embodies this classically elegant 5 bedrooms plus den, media room and guest house. This BCB custom built estate home overlooks sweeping golf course, lake and preserve views. Classic elegance carries throughout this residence featuring, stone travertine floors, furniture built-ins, custom millwork, magnificent ceiling details, fireplace, 5 full baths + 2 half baths, 4 car attached garage with 2 spaces w/car lifts, governors driveway, fountains, and so much more! Expansive 3 guest suites with en suite baths. Master suite oasis accented with sitting room, exercise room, 2 large wardrobe closets and spa-like master bath. Impressive outdoor covered lanai, cabana and entertainment space with summer kitchen, bocce court and resort style pool and waterfalls!!

Home Details

16996 TREVISO WAY
16996 TREVISO WAY

Homes for sale in Mediterra Mediterra Naples FL Mediterra Naples Florida Homes Mediterra, Naples, Florida Mediterra Homes for Sale

Bedrooms: 5
Bathrooms: 5 full | 2 partial
Est. Square Fee: 7,064
Listing # 215038563

 

16996 Treviso Way – Meticulously maintained double estate lot on 1.63 acres embodies this classically elegant 5 bedrooms plus den, media room and guest house.

Mediterra Homes for Sale

28102 Castellano Way

Bedrooms: 4
Bathrooms: 4 full | 1 partial
Est. Square Feet: 3,877
Listing # 215030235

Mediterra Real Estate
28102 Castellano Way in Mediterra

Homes-For-Sale-Mediterra
28102 Castellano Way – This is what all of today?s buyers are looking for in this 2 year young resale! Open concept floor plan with great room design! Top of the line gourmet kitchen with light cabinets, Wolf and Sub-Zero appliances. Center island with extra sink and refrigerator drawers and oversized breakfast bar! Custom wine cellar perfectly situated to entertain your guests. Master suite and sitting area have panoramic views of lanai. 3 large walk-in closets in master alone! Custom great room wall unit & wet bar. Additional amenities within the home include a private and separate VIP/2nd Master Suite!! No expense was spared with quality attention to details in millwork, ceiling treatments, lighting, oversized windows & doors! Custom great room wall unit & wet bar. Screened oversized lanai includes an outdoor summer kitchen and breakfast bar, fireplace, dining & seating areas, long lake and preserve views, tons of privacy! Breathtaking curb appeal with split garages, circle driveway, mature plantings & landscaping.

28102 Castellano Way

mediterra country club naples

Mediterra Real Estate

mediterra golf course naples fl

28102 Castellano Way

Mediterra Homes for Sale
Mediterra Homes for Sale

**GOLF MEMBERSHIP ELIGIBILITY IS AVAILABLE INSTANTLY WITH THIS RESALE!!!

mediterra country club naples

mediterra country club naples

Mediterra Homes for Sale

Mediterra Real Estate

mediterra country club naples

 

Mediterra Homes for Sale