ANNUAL MARKET REPORT - 2015

NAPLES / BONITA SPRINGS / ESTERO MARKET AREA

SUMMARY

FULL REPORT (PDF)

REAL ESTATE MARKET REPORT - DECEMBER 2015

NAPLES / BONITA SPRINGS / ESTERO MARKET AREA

CLOSED SALES

NEW LISTINGS/INVENTORY

AVERAGE AND MEDIAN SALES PRICE

FULL REPORT (PDF)

REAL ESTATE MARKET REPORT - 3RD QUARTER MARKET REVIEW FOR 2015

NAPLES / BONITA SPRINGS / ESTERO MARKET AREA

NEW LISTINGS AND PENDED HISTORY

CLOSED SALES / AVERAGE SALE PRICE

INVENTORY / CLOSED SALES / MONTHS OF SUPPLY

The demand for Southwest Florida real estate is expected to remain strong throughout the remainder of 2015 and 2016. Resale listings placed on the market over the next six months, coupled with a healthy supply of new product, should keep inventory at a level consistent with demand. A reminder, however, that this is applicable to the market as a whole and not the case in some high-demand market segments, which remain undersupplied as they have for the past year or so.

This report is intended to give the reader a broad, general view of the combined Naples, Bonita Springs, Estero market areas. Inventory, price movement and months of supply can vary significantly among neighborhoods. Buyers and Sellers are advised to request current, specific market data for properties of personal interest.

FULL REPORT (PDF)

GULF SHORE BOULEVARD

QUARTERLY NUMBER OF CLOSED SALES

QUARTERLY AVERAGE SALES PRICE - CLOSED SALES

QUARTERLY AVERAGE PRICE PER SQUARE FOOT - CLOSED SALES

At the end of the third quarter, there were a total of nine bayfront condominiums available for sale at an average price of $679,156 or $423 psf. Beachfront inventory stood at 41 available units at an average asking price of $2,168,888.

This report is intended to give a broad view of market activity and trends among waterfront condominiums on Gulf Shore Boulevard. Buildings on the beach and bay vary significantly in size, condition, age and amenities, and this can impact average sales price and average price per square foot. Buyers and sellers are advised to seek the help of a John R. Wood Properties sales professional for information regarding any property in which there is specific interest.

FULL REPORT (PDF)

REAL ESTATE MARKET REPORT - 2ND QUARTER MARKET REVIEW FOR 2015

NAPLES / BONITA SPRINGS / ESTERO MARKET AREA

NEW LISTINGS/INVENTORY

CLOSED SALES

AVERAGE / MEDIAN SALES PRICE

MONTHS OF SUPPLY

FULL REPORT (PDF)

GULF SHORE BOULEVARD

QUARTERLY NUMBER OF CLOSED SALES

QUARTERLY AVERAGE SALES PRICE - CLOSED SALES

QUARTERLY AVERAGE PRICE PER SQUARE FOOT - CLOSED SALES

At the end of the second quarter, there were a total of 10 units for sale on the bay and 46 available units on the beach, a decline of 54% on the bay and 45% on the beach. This indicates approximately a one-month supply on the bay and a 2.8 month supply on the beach based on the number of closings in the past 12 months. Sellers who have been waiting for more favorable market conditions before putting their properties on the market should consider doing so at this time.

This report is intended to give a broad view of market activity and trends among waterfront condominiums on Gulf Shore Boulevard. Buildings on the beach and bay vary significantly in size, condition, age and amenities, and this can impact average sales price and average price per square foot. Buyers and sellers are advised to seek the help of a John R. Wood Properties sales professional for information regarding any property in which there is specific interest.

FULL REPORT (PDF)

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