September 21, 2014

Naples Real Estate Market Update: Low Inventory & Overall Median Closed Price Up 14%.

Overall inventory of homes in the Naples area dropped 20% in the $300,000 and below category  in August 2014 compared to August 2013.
The median price rose 13% in that same category. 

The low inventory lead to a decrease of pending and closed sales in August in the Naples Beach area (West of US 41).
For example the inventory of condominiums for sale in the Naples Beach area ( Olde Naples, Coquina Sands, The Moorings, Park Shore & Pelican Bay) dropped 28, from 571 condos in 8/2013 to 409 condos for sale in 8/2014.
The median close price increased 7% to $530,000 in that same area.
Here are other important points of this real estate market report in Naples just released by NABOR (Naples Association Boards of Realtors):

  • Overall pending sales decreased 11% in August 2014 compared to August 2013 by lack of inventory.
  • Overall inventory decreased 8% from 3,875 to 3,579 in the same period.
  • Average days on market: 83 in August 2014. 
The inventory of new constructions increased but few are available under $300,000. 

September 20, 2014

South Shore Estates: A New Gated Enclave in The Quarry, Naples

South Shore Estates At The Quarry is one of the last opportunity to buy a new home at The Quarry.
South Shore Estates is unique in The Quarry by its situation close to the Beach Club and its amenities and by the long lake views offered buy these home sites.
South Shore Estates is a gated enclave with 14 lakefront lots on the south shore of Stone Lake in The Quarry.
The home sites are from 73' to 77' wide and offer a long lake view.
16 private boat slips will be also available. There are 4 different floor plans to choose from: 2,547 to 3,999 sq.ft.
Packages lot + home start in the low $900s.
View South Shore Estates At The Quarry...
View All Properties for sale in The Quarry Naples...

Marbella Isles, Naples FL: Floor Plans Have been released!

Floor Plans have been released for Marbella Isles, a new gated community developed on 500 acres and located off Livingstone Rd in Naples, between Vanderbilt Beach rd and Pine Ridge Rd.
Marbella Isles will offer three collections of attached villas and single-family homes.
1,800 to over 4,200 sq.ft under A/C.

Marbella Isles will offer a 9,500 sq.ft clubhouse with resort-style pool, 3 Tennis courts, 4 pickle ball courts and 2 bocce courts.
Prices and lot premiums have not been released yet and should start in the $300s.
View complete information and floor plans for Marbella Isles...
View new communities in the Naples area...

September 16, 2014

Housing Trends in Naples Area - August 2014

How is the Naples Real Estate Market doing in the second quarter of 2014?
  • Median Home Price: $405,000.
  • Year Change: 16.8%
Naples is now in a seller's market with low inventory. With a median price increase of 16.8% in the past year, there is no reason to wait anymore.
View complete trends and statistics:
Latest Real Estate Market Report - August 2014
Browse all available properties on the market.

September 1, 2014

Bonita Springs and Estero now definitively in a Seller's Market

Bonita Springs & Estero in SW Florida are now definitively in a Seller's Market for real estate.
Inventory for properties for sale is really low and continues to decrease steadily.
Bonita Springs-Estero Association of Realtors (BEAR) just published interesting figures about the state of the real estate market.

  • Inventory decreased 40% in July 2014 compared to same period in 2013.
  • 60% decrease of inventory for single-family homes for the same period.
  • Average sale price increased 7% for single-family homes.
  • Average sale price for condos increased 5.6%.
Read more details...
Properties for sale in Estero...
Properties for sale on Bonita Beach...
New communities in Bonita Springs & Estero...

August 20, 2014

Esplanade Golf & Country Club - Price increase.

Esplanade Golf & Country Club, Naples FL.
Prices have been increased in three collections of homes in Esplanade Golf & Country Club, a new bundled golf community under development in North Naples.
Prices on Novelli, La Palma & Torino collections have been increased up to $10,000.

The construction of the coach homes has also started in Esplanade and pricing and floor plans will be released next month.
Esplanade will feature almost 1,200 homes when completed.

View all floor plans & pricing for Esplanade Golf & Country Club...

August 11, 2014

Changes Coming To FICO Score

NEW YORK (AP) – Aug. 11, 2014 –
 Changes are coming to FICO, a broadly used credit score, that may mean higher credit scores for many consumers. Banks, credit card issuers, auto lenders and other businesses use those scores to decide whether to lend to consumers and how much interest to charge them. A higher score could get you better terms on loans for cars and homes.
View complete article...

July 25, 2014

Grey Oaks Naples - Strong Sales YTD with $31.5 Million Sold!

Strong sales reported at Grey Oaks Country Club in Naples, Florida since the beginning of the year: $31.5 million of sales considering new homes and resale properties. View article in Naples News.
Grey Oaks is currently offering new constructions in:
- Torino and Miramonte.
- Luxury homes in Estuary At Grey Oaks.

June 6, 2014

Pelican Sound - River Club Enhancement Project - Update - June 6 2014

Pelican Sound Golf & River Club - Estero, Florida - 
The enhancement project of the River Club in Pelican Sound which started in April, is going pretty well. Construction is on schedule for a completion end of 2014. View the video capturing the first steps of the project, as of June 5th 2014.

Pelican Sound is a unique bundled golf community with boating capabilities (West of US 41 - Access to the Gulf of Mexico)  in Estero, Florida and offering the following amenities:

  • 27-hole championship Audubon certified golf course.
  • Two clubhouses & restaurants.
  • Boat shuttle to the beach (Lovers Key state park).
  • Boat launch on Estero River with direct Gulf access. Secure boat storage available.
  • 6 Har-Tru lighted tennis courts with an active tennis center.
  • State-of-the-art tennis center.
  • Canoe/kayak launch.
  • 6 swimming-pools.
Pelican Sound is only one mile from Coconut Point Mall. 15 mn away from SWFL International Airport. Close to the beaches (Bonita Beach, Barefoot Beach) and 20 mn away from shopping and restaurants of Mercato in Naples. 
Estero is ideally located between Naples and South Fort Myers.

May 30, 2014

Corkscrew Shores. New Residential Community In Estero, Florida. Opening Soon!

Corkscrew Shores - A new community in Estero, Florida is opening soon!
Located off Corkscrew Rd, Corkscrew Shores is a gated community offering only single-family homes, most of them facing a large 240-acre lake.
The amenities of Corkscrew Shores will be located on a peninsula overlooking the lake and will offer: A grand Clubhouse with fitness center, tennis courts, resort-style swimming-pool, bocce court, fishing pier and launch for canoe/kayak.
Eleven floor plans will be available - from 1,289 to 3,348 sqft under A/C.
Six or seven choice of elevations will be available and most of floor plans will have a choice for a second floor with extra bedrooms, loft or storage.
Pricing has not been released yet.
View all details and floor plans for Corkscrew Shores...