March 20, 2011
This Week’s Featured Luxury Listing EN OP USE HO1-4
Pelican Bay
6001 Pelican Bay Blvd, #702 A newly renovated tower residence in Pelican Bay with sweeping Gulf and estuary views from every room! The luxury of space, enhanced by extraordinary details makes this a very comfortable home for living and entertaining. You are cordially invited to tour this very special home. #210038849
$1,250,000 Furnished 3 Bedroom, 3 Bath
Friley Saucier, P.A. 239-293-3532
Monthly Market Report - February 2011
Price Drives Robust Sales
Sales continued at a robust pace in February with all price categories showing good activity. Price remains the driving factor, and properties priced to the current market are receiving multiple offers in some areas. Properties priced over $300,000 continued to comprise nearly one-third of pended sales in February. Overall, pended sales were up 14 percent over February 2010 resulting in the highest February on record since 2000. With regard to closed sales, properties over $1 million were up nine percent to date over the same period in 2010. Overall, the number of closed sales year-to-date February is approximately the same as the same period in 2010. Average sales price also remained constant with the prior year. Available inventory in the Naples, Bonita Springs, Estero market as of March 1 stood at 10,222, encompassing 5,253 condos and 4,969 single-family homes. This represents a four percent decrease from March 1, 2010. In fact, all price categories show decreases in supply with the exception of condos and single-family homes priced under $250,000 and condos priced above $5 million. The largest decreases were in the condominium segment priced between $750,000 and $1 million and single-family homes priced between $750,000 and $5 million.
www.JohnRWood.com
This Week’s Featured Neighborhoods
Park Shore
Old Naples
Mediterra
Shadow Wood
Park Shore is an immaculate, prestigious community located between the Gulf of Mexico and US 41, with both inland and waterfront homes and condominiums, as well as excellent shopping and dining facilities, including the breathtaking Venetian Village.
Old Naples, a charming area characterized by hundreds of coconut palms with each street ending at the beach, is truly a unique neighborhood, with its history and variety of small cottages, beach front estates, and everything in between.
This Bonita Bay Group — a 1,697–acre, gated, master–planned community — is tucked away off Livingston Road. With less than 950 villas and single–family homes and more than 1,000 acres of open space, Mediterra retains a feeling of intimacy and charm. The Club at Mediterra features 36 holes designed by Tom Fazio, and certified with Audubon International’s Silver Signature Sanctuary program.
Part of “The Brooks” planned development by The Bonita Bay Group, and situated right in the heart of the rapidly growing Bonita/Estero area, Shadow Wood is a private membership golf community. Members can enjoy 54 holes of championship, a world class tennis facility, state of the art fitness center and a private beach club.
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
Current Price Range, Homes:
$124,500 - $14,300,000
$99,000 - $13,900,000
$475,000 - $7,777,777
$189,900 - $2,250,000
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 accuracy 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