April 17, 2011
This Week’s Featured Luxury Listing
Collier’s Reserve
12279 Collier’s Reserve Drive Tranquility & privacy abound in this Island-style courtyard residence nestled within a nature preserve on over 1/2 acre, w/ tropical foliage around a 35 ft. pool & spa. Sunny by day w/east to west exposure, the courtyard shines by night w/accent lighting for cozy evenings by the outdoor fireplace. #210013153
$1,265,000
3 Bedroom + 2 Den, 3.5 Bath
Monika DeBenedictis Team 239-450-4222
Monthly Market Report – March 2011 (N aples /B onita S prings /E stero A rea )
Sales remained strong during the month of March with year-to-date closed sales up six percent over the first quarter of 2010. The number of closed sales for the month of March is exactly even with March 2005, resulting in these two months being tied for the highest number of sales on record for the month. Sales of properties priced above $1,000,000 are up 15 percent over the same period in 2010. Price continues to be a driving factor, with average and median sales prices at their lowest levels during the past 12 years. Overall, pended sales were up six percent over March 2010 establishing a new record high for the month. Pended sales for the first quarter 2011 set a new record, and exceeded the previous record for the quarter, established in 2005 by four percent. Available inventory in the area on April 1, 2011 stood at 9,587 units, comprised of 4,988 condominiums and 4,599 single family homes. This represents a seven percent decrease from the first quarter 2010 and a 31 percent drop from first quarter 2009. In fact, all price categories show decreases in supply with the exception of condominiums priced above $5M, which posted a 21 percent increase, and single family homes priced under $250,000 which remained approximately the same as last year. The largest decreases in single family availability occurred with properties priced between $750,000 and $1,000,000, which showed a 23 percent decline; and properties priced above $1,000,000 where supply decreased by 18 percent.
The Dunes
This Week’s Featured Neighborhoods The Moorings
Collier’s Reserve
Pelican Landing
The Dunes, located off Vanderbilt Beach in North Naples, combines luxury condo living with five-star, resort-style amenities within walking distance to Vanderbilt Beach. It offers coach homes, high-rise condominiums, luxury high-rise towers, with gorgeous views of Turkey Bay and the Gulf. The Plantation Club features casual-elegant dining or on the veranda, with lagoon-style pool & spa, Chickee Bar, fitness center and tennis facility.
The Moorings/Coquina Sands neighborhoods are centrally located, stretching from US 41 to the Gulf of Mexico. Much of the area is waterfront, especially in The Moorings, with boat docks and shimmering views for both single-family homes and condominiums.
Collier’s Reserve is a private country club community comprised of 228 single-family home sites nestled along the Cocohatchee River, one of South Florida’s most pristine natural waterways. An Arthur Hills-designed 18-hole championship golf course embraces the river at several points.
Created by Westinghouse Communities of Naples, Pelican Landing encompasses over 2,400 acres, bordered by US 41, Spring Creek, and Estero Bay. It is conveniently located between Fort Myers and Naples, with easy access to either area and to Bonita Springs.
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
$458,000 - $1,750,000
$62,500 - $4,995,000
$975,000 - $2,799,000
$87,500 - $2,595,000
The source of this real property information is the copyrighted and proprietary database compilation of Sunshine MLS, LLC. Copyright 2010 Sunshine MLS, LLC. All rights reserved. The a curacy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
Find out more info on each Neighborhood at: www.JohnRWood.com/neighborhood