Naples Real Estate Market Report

Listed, Pended, closed year to date for Naples, Bonita and Estero Market Areas

 

 

CLOSED SALES
•    From September 1, 2013 through August 31, 2014, average sales price increased 10.7% in the overall market.
•    Closed sales for August 2014 declined 7.7% from August 2013. This follows a 3% decline in July from July 2013.
•    The price segments showing declines in number of closings were properties priced between $2 million and $5 million (down 42%) and those
priced under $250,000 (down 21%). All other categories remained stable or increased in number of closings.

PENDED SALES
•    All price segments show increases in number of pended sales year-to-date with properties between $750,000 and $1,000,000 increasing 30% (457 v 592).
•    Pended sales in August decreased for the month for the first time since 2011, with a decrease of 9% in Bonita/Estero and 6% in Naples (7% total).
NEW LISTINGS/INVENTORY
•    On September 1, 2014, available inventory in the combined Naples, Bonita Springs and Estero market stands at 4,509 units (2,451 single family
homes and 2,058 condominiums). This represents a 4.3 month supply based on the number of closings in the past 12 months.
•    During August 2014, the number of new listings taken increased 7% overall from August 2013; however, the Bonita-Estero area experienced a
5% decrease

1904-Cocoplum-Way

SOLD: Majestic Isle at Grey Oaks

1904 Cocoplum Way

1904-Cocoplum-Way 

 

• Stunning custom built residence with private lake & golf views
• Sophisticated use of travertine, Emperador marble, & wood flooring
• Soaring coffer & tray ceilings punctuated with hand painted detail
• Dining Room defined by arched entries & stone Corinthian columns
• Living Room window walls frame spectacular pool & lake views
• Luxuriant master, morning bar, fireplace, Emperador marble bath
• Chefs kitchen, breakfast bar & nook, gas cook-top, butler’s pantry
• Great room opens to loggia, lounge areas, fireplace & summer kitchen
• Vanishing edge pool framed by tempered glass heightens lake views
• Richly appointed study, coffer ceiling, wet & wine bar, wood floor
• Grey Oaks is a gated club community with world class amenities
• 54 Holes of championship golf and two elegant clubhouses
• Tennis, fitness, pool, playground, dog park, fine & casual dining

 

1904-Cocoplum-Way-SOLD  

1904-Cocoplum-Way SOLD 1904-Cocoplum-Way Grey Oaks 1904-Cocoplum-Way

 

This exceptional custom built and designer appointed residence affords a world of luxury & privacy with extraordinary lake and golf vistas. The interior offers a living room, grand foyer and formal dining room, joined for an ideal entertaining flow. The great room and master suite open to the outdoors while the living room brings the indoors to the interior via window walls. Alfresco living is paramount with a stunning vanishing edge pool framed by tempered glass, expansive lounge areas,  fireplace & summer kitchen providing grand spaces for outdoor entertaining.

 

Bua Bell Group

 

CLOSED SALES
• Year-to-date closed sales volume increased 17% from 2013 and is at the highest level since 2005. Sales greater than $1,000,000 were a major
   factor in the large increase in sales volume, with a 28% increase in total number of sales from the previous year (647 vs 828).
• Sales below $250,000 had the largest increase in average sales price when compared to July 2013 ($165,758 vs. $155,633, a 7% increase).
   The average days on market for product under $250,000 is at the lowest level for any time period since 2000 (75 days).

 

PENDED SALES
• Pended sales greater than $5,000,000 increased from one unit in July 2013 to seven units in July 2014. Five of the pended sales in July 2014
   were in the Pine Ridge, Crayton Road and Port Royal/Aqualane areas of Naples.
• All price segments show increases in number of pended sales year-to-date, with the highest percentage increase in the segment above $2,000,000.

 

NEW LISTINGS/INVENTORY
• During July, new listings from $500,000 to $750,000 increased the greatest from the previous year (106 vs 138, 30% increase). The average list
   price for all price segements on August 1, 2014 is $831,370, which is a 9% increase from August 1, 2013.
• On August 1, 2014, available inventory in the combined Naples, Bonita Springs and Estero market stands at 4,550 units (2,471 single
   family homes and 2,079 condominiums). This represents a 4.3 month supply based on the number of closings in the past 12 months and a 9%
   decrease since August 1, 2013 (5,021 units vs 4,550).

 

 

     

 

Offering blissful pleasures of beachfront living, this elegant jewel overlooks boundless views of the rolling surf and tropical sunsets of the Gulf of Mexico. Elaborate entrance gates introduce this 2008 renovated beach house on 1.5 lots. Traditional style is freshly envisioned in this 3 level residence totaling 8,255 square feet, 5+ bedrooms, 7.5 baths, 3 bay garage & elevator. Wide board floors & custom millwork highlight all levels. Picturesque Gulf views from the verandah of the living dining room level is brightened by coastal exposures & anchored by a wood burning fireplace. The family room, chefs kitchen, breakfast room, pantry, & wine bar area are accessed from this space. The elegant 1st living level master suite with his & her baths spans the entire west wing, opening to a Gulf front terrace. The surfside lower level with lounge patios & cabana suite take in the sights & sounds of the beach. The top level is a loft style retreat with sundeck & Gulf vistas.

 

See the Virtual Tour Here. 

 

• Our Experience counts, Our Expertise Sells
• Estate Specialist Emily K. Bua and Broker Associate Tade Bua-Bell are proud to be the #1 Mother-Daughter Team in Naples
• Their experience includes 28 years of successful sales in the Naples luxury market.
• Please call us for all your real estate needs

 

 

WELCOME to our new website: BuaBellSellsNaples.com! Our desire is to provide a professional and informative destination for those looking to buy, sell or research luxury properties in the Naples, Florida marketplace. While our site is new to the Naples’ market, we certainly are not. Emily K. Bua has been in the real estate industry since 1977, and specifically the Naples Luxury market since 1993. Tade Bua-Bell has been in real estate since 1991. A Broker Associate in both Pennsylvania and Florida she has been serving the high end Naples market since 2006.  They have a broad based knowledge of ALL luxury markets in Naples and look forward to the opportunity to be of service to you.

We hope you will find our site to be helpful and informative. From our neighborhood overviews and featured listings, we will consistently showcase a diverse offering of what the Naples Luxury market has to offer. Please visit often and be sure to check out our Blog posts along with our Facebook and Twitter accounts. They will provide timely and valuable information regarding the local real estate market, upcoming Open Houses and other submissions of local interest.

Thanks again for visiting BuaBellSellsNaples.com. We hope to hear from you soon and look forward to assisting you with your Naples Real Estate needs!    

 To search for luxury homes for sale in Naples click Here