787 5th Avenue South | Naples, FL 34102
LUXURY REAL ESTATE MARKET REPORT
NAPLES ESTATES
PAU L G R A F F Y
REALTOR® and NEIGHBOR
239.273.0403
NOVEMBER 2019
E: PGraffy@JohnRWood.com www.NorthNaplesPrivateEstates.com
FEATURED LISTING BY PAUL GRAFF Y CALL FOR A PRIVATE TOUR! 239.273.0403
JONATHAN AND ANGELA-MARIE, For a private viewing of this spectacular home, or access to more Naples listings, please contact me. If you are thinking of selling, let me help you achieve exceptional results. Call me today at 239.273.0403.
184 TUPELO ROAD OFFERED AT $2,950,000 5 BEDS 5.5 TOTAL BATHS 5,693 ESTIMATED SQ. FT.
PREPARED ESPECIALLY FOR
JONATHAN AND ANGEL A-MARIE WILLIAMS Escape to the country! A serene lakefront haven in the middle of Naples! Enjoy the quiet beauty of this exceptional estate home with wide water, southwestern vistas overlooking Warbler Lake, in the heart of Pine Ridge on over an acre. Gated drive, lush, manicured lawn. Enter through exquisite, arched Mahogany and glass double doors and you will be captivated by the views through the giant picture window overlooking the infinity edge pool and lake. The layout is spacious, open and airy with a natural flow ideal for entertaining. Large, bright dining and living area leads into the perfect, chef’s kitchen with
a prep island, tons of counter space, breakfast bar and morning room all open to expansive family room. Clean lines, a neutral palette and walls of glass create light-filled rooms boasting lofty, coffered ceilings. Zero-corner sliders provide a seamless transition to lanai w/ fireplace, bar, summer kitchen and guest suite/cabana w/ bath. First floor boasts a luxurious master suite and an office. Tons of flex space upstairs w/ oversized study, three bedrooms, two baths and spacious loft w/ balconies. Private dock beckons you to relax and enjoy Naples’ splendid sunsets over the lake.
PRESENTED BY
PAU L G R A F F Y
YOUR NAPLES ESTATES REALTOR ® AND NEIGHBOR
N A P L E S E S TAT E S
PAU L G R A F F Y
REALTOR® and NEIGHBOR
CURRENT MARKET ACTIVITY
239.273.0403
E: PGraffy@JohnRWood.com www.NorthNaplesPrivateEstates.com
ACTIVE HOMES PRICE RANGE
A WORD FROM PAUL GRAFF Y Sales for the 12-month period ending August 31st were up 6% compared to the preceding 12 months, while yearto-date and monthly sales for August were consistent with those of last year. Year-to-date, price segments up to $750,000 reflected a 2.1% increase in the number of closed sales, while segments between $750,000 and $5M were down by 6.4%. The rate at which new listings entered the market in August slowed by 8.4% compared the same month to a year ago, reflecting an ongoing trend now resulting in a 5.2% decrease in year-to-date new listings. This trend is most consistent in price ranges below $750,000. The overall number of active listings have decreased as well, with 4.6% fewer listings on the market as of September 1st when compared to the same date last year. Listings priced below $750,000 were down 7.4%, while those priced from $750,000 to $5M were up 3.1%. With an increased pace of sales over the past 12 months and fewer listings entering the market, it stands to reason that months of inventory would decrease . As of September 1st, the marketplace posted 5.49 months of inventory, an 8.7% drop from the same date last year when 6.01 months was posted. Overall, our market continues to move in a positive direction with healthy inventory levels, steady sales, and stable pricing. Thanksgiving is only eight weeks away, and we are seeing car carriers arriving from northern climates. Season will be here before we
know it. This is the time of year when those wishing to sell their homes this season should be considering who might list their property for them. Please let me know if you, or anyone you know may want a free market analysis of their home in time to take advantage of season. The Laboratory Theater in Fort Myers has opened its 11th Season with an acclaimed production of Arthur Miller’s The Crucible. It plays through October 12th and should not be missed. The Naples Players begins its new season with an innovative dramatization of The Great Gatsby in Blackburn Hall and Jeff Daniels’ hilarious comedy Moonlight in Escanaba in The Tobye Theater. Cameron Mitchell Restaurants (out of Ohio) plans to open a new restaurant called “Del Mar Naples” in the fall of 2020 in the space formerly occupied by Cafe Lurcat on Fifth Avenue South. Cameron Mitchell also owns Ocean Prime Restaurant which is connected to the Inn on Fifth. Mark your calendars! The 3rd Annual USA TODAY Wine and Food Experience Featuring Martha Stewart on 5th Avenue South will be held on Saturday, November 23rd. This savory wine and food experience series is an American culinary tour for fans and connoisseurs alike. Indulge in this exploration, showcasing the best food, wine, beer, and spirits from local and national chefs and mixologists.
- Paul Graffy
PAUL IS PASSIONATE ABOUT SUCCESS T O P 1/2 O F T O P 1%
The Wall Street Journal
T O P 50 A G E N T S
SouthWest Florida
19 YEARS OF REAL ESTATE SERVICE IN NAPLES 128 SUCCESSFUL SALES
$245+ MILLION IN SALES
D E D I C AT E D C O M M U N I T Y M E M B E R Committed to the local arts, animal rights, nature and conservation, and the disadvantaged and elderly in Immokalee, and many local charities.
39
$748,000$6,500,000
8
ACTIVE HOMES
18
PENDING HOMES
SOLD HOMES
LAST 5 MONTHS
HOMES SOLD IN THE LAST 5 MONTHS HOME SUBDIVISION STATUS NAME
STREET ADDRESS
# BEDS
# BATHS
EST. SQ. FT.
SOLD PRICE
SOLD DATE
Sold
Four Seasons
10665 Winterview Drive
4
3.0
2,299
$385,980
09/25/19
Sold
Four Seasons
10800 Winterview Drive
4
2.0
2,804
$687,000
09/03/19
Sold
Four Seasons
1910 Curling Avenue
4
3.0
2,748
$595,000
06/03/19
Sold
Four Seasons
1190 Silver Sands Avenue
3
2.0
2,241
$700,000
05/31/19
Sold
Four Seasons
10617 Winterview Drive
4
3.0
2,697
$370,000
05/15/19
Sold
Pine Ridge
6616 Trail Boulevard
3
2.0
1,410
$650,000
10/09/19
Sold
Pine Ridge
301 West Street
4
4.1
4,703
$3,700,000
08/07/19
Sold
Pine Ridge
149 Cajeput Drive
3
2.0
2,163
$1,123,200
08/06/19
Sold
Pine Ridge
78 North Street
N/A
N/A
2,248
$1,150,000
08/01/19
Sold
Pine Ridge
692 Carica Road
4
5.0
4,862
$1,800,000
07/08/19
Sold
Pine Ridge
830 Cassena Road
4
3.0
3,429
$1,475,000
06/30/19
Sold
Pine Ridge
6762 Trail Boulevard
3
3.2
3,250
$1,434,000
06/26/19
Sold
Pine Ridge
172 Hickory Road
4
3.0
2,450
$855,000
06/19/19
Sold
Pine Ridge
494 Gordonia Road
3
2.0
2,307
$1,200,000
06/11/19
Sold
Pine Ridge
607 Myrtle Road
3
2.0
1,834
$1,175,000
05/31/19
Sold
Pine Ridge
122 Caribbean Road
6
5.2
5,500
$2,620,000
05/17/19
Sold
Pine Ridge
367 Ridge Drive
5
5.1
9,201
$7,500,000
05/10/19
Sold
Quail Woods Estates
9020 The Lane
5
3.1
4,754
$1,090,000
05/17/19
Paul Graffy and John R. Wood Properties are not in any way affiliated with Naples Estates Owners Association, nor is this in any way an official advertisement or publication of Naples Estates. ©2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the SWFLMLS from May 13th through October 13th, 2019. Listings and sales may not be those of John R. Wood Properties. The SWFLMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.