Monthly Archives: July 2016

June 2016 Naples Market Report Shows Sales Are Down

The June 2016 Naples Market Report shows that sales are down overall, while prices have increased dramatically in Immokalee and South Naples. Inventory is up.The Naples Area Board of REALTORS® (NABOR) released their latest real estate statistics for our community recently.  The June 2016 Naples Market Report shows sales are down, prices remain steady and inventory picked up.  How does this affect you, the Naples Buyer?  Let me break it down for you below.

June 2016 Naples Market Report

The “Naples area” discussed in this June 2016 Naples Market Report refers to Naples, Naples Beach and Immokalee/Ave Maria.  According to NABOR, a total of 832 Naples area homes were sold in June 2016.  These sales figures included single-family and condominium sales.  This amounted to a 5% decrease from June 2015.  Even though North, South and East Naples experienced moderate gains, Naples Beach and Immokalee had double digit decreases (26% and 67%, respectively).  Second quarter sales saw a decrease of 14% (from 3109 last year to 2662 this year).

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The June 2016 Naples Market Report also revealed that the median closing price for the Naples area remained relatively changed overall at $315,000.  The Immokalee/Ave Maria community experienced a 22% rise in their median price (from $292,000 last year to $355,000 last month).  South Naples, North Naples and Naples Beach also saw increases of 13%, 9% and 6% respectively.  Naples Beach has the highest median closing price at $777,000.  On the other hand, Central Naples had a decrease in median sell price of 8% to $234,000, with East Naples following at $266,000 (7% lower than June 2015).

Inventory levels have increased 35% from last year, according to the June 2016 Naples Market Report.  In June 2015, Naples had 3698 listings available.  Last month, this had increased to 4983.  The average days on market (DOM) increased from 70 to 82 as well.  Central Naples homes saw the lowest DOM at 59, while East Naples homes have the highest DOM at 95.

NABOR used statistics from the Southwest Florida MLS to create this June 2016 Naples Market Report.  Interest rates remain low.  If you’re looking for a Naples property, contact me.  I’d be happy to personally show you around.

Featured Naples/Marco Island Home for Sale

9030 Cascada Way #201, Naples, FL

For more information about this or other homes for sale, please visit my Naples/Marco Island Listings page.

Michelle Thomas, Premier Sotheby’s International Realty, Luxury Naples/Marco Island Homes & Condos

For Sale – 9030 Cascada Way #201 Naples, FL 34114

3-Living RoomMagnificent Golf Course Views – Furnished Condo!

Enjoy truly remarkable expansive golf course views with fantastic southeastern exposure from this extremely spacious and immaculately maintained, beautifully furnished, end-location condominium with a wide open and flowing floor plan in the popular Cascada gated village in award-winning Fiddler’s Creek.

Excellent features include tile on diagonal in main living area, wood floors in study and bedrooms, crown molding, new premium air conditioning with service contract, tankless hot water heater, granite window sills, large walk-in closets, extremely spacious rooms including second master guest suite, designer fans and lighting, shaft in place for future elevator and sound system.

5-KitchenThe gourmet kitchen opens to the living area and offers gorgeous granite counters, gas cooking, pantry, upgraded cabinetry, breakfast bar and stunning backsplash. Impressive master suite has large walk-in closets, custom built-ins and inviting master bath with dual sinks, jetted tub and large walk-in shower.

The lanai is tiled, and overlooks the gorgeous golf course view, bringing the outdoors inside. Across from the village pool, it is also close to the amazing community amenities, activities and events.

For a virtual tour of this amazing home Click Here!

Contact Michelle Thomas for All Your Real Estate Needs! For more information or to schedule a showing visit www.MarcoNaplesArea.com or email Michelle.Thomas@SothebysRealty.com. Let me make your home selling and or buying experience one of a kind!

9030 Cascada Way #201 Naples, FL 34114

Price: $535,000

3 Bedrooms | 3 Full Baths
3,010 Square Feet

Listing ID #216047304

For Sale – 9287 Museo Circle #201 Naples, FL 34114

16-LanaiMost Exceptional Coach Home in the Area!

Quite possibly the most exceptional coach home available in the area, this gorgeous second-floor end condominium with panoramic lake views will not disappoint. Every inch is truly absolute perfection and upgraded to a level that will exceed expectations.

An impressive foyer leads to a wooden staircase, and you will find 30-inch polished porcelain tile and wood floors throughout. Outstanding features include crown molding, new air conditioning two years ago, three full baths plus a powder room with vessel sink, designer paint and exquisite high-end lighting fixtures, spacious lanai with Italian tile overlooking lake, custom archway and wired for surround sound.

7-KitchenLarge eat-in kitchen has KitchenAid stainless steel appliances, granite counters, premium cabinetry, French door refrigerator and gas cooking. Master bedroom has entry to lanai, lake views and two walk-in closets. Master bath with dual vessel sinks, vanity, soaking tub and large walk-in shower with floor-to-ceiling tiles.

The best can be yours to enjoy, including spectacular amenities and a peaceful, natural environment that is unrivaled in beauty and grandeur. With tennis, golf, boating, beach and fitness, it is all here.

For a virtual tour of this amazing home Click Here!

Contact Michelle Thomas for All Your Real Estate Needs! For more information or to schedule a showing visit www.MarcoNaplesArea.com or email Michelle.Thomas@SothebysRealty.com. Let me make your home selling and or buying experience one of a kind!

9287 Museo Circle #201 Naples, FL 34114

Price: $429,000

3 Bedrooms | 3.5 Baths
2,450 Square Feet

Listing ID #216047867

For Sale – 8572 Bellagio Drive Naples, FL 34114

17-ViewOn the Creek with Private Dock!

This property is on the creek with a private dock. Enjoy a relaxing sunset cruise and excellent fishing, right from your backyard, in award-winning guard gated community with outstanding amenities. Relax alongside your private pool and spa with tranquil and serene water and preserve views.

This exceptional home offers plentiful natural light, soaring ceilings, floor-to-ceiling windows, and every imaginable feature to enjoy a fantastic Naples lifestyle, including crown molding, plantation shutters, designer lighting and window coverings, wood and tile flooring, spacious guest suites and upstairs balcony, and an impressive master bath with dual sinks, vanity, soaking tub, large shower and bidet. Open gourmet eat-in kitchen with gas cooking, butler’s pantry, wall oven and breakfast bar.

3-Living RoomEnjoy amenities including state-of-the-art fitness, tennis, pool-side fine and casual dining, spa facilities, and a wealth of social activities in an excellent location. Golf, beach and boating memberships available.

For a tour of this amazing home Click Here!

Contact Michelle Thomas for All Your Real Estate Needs! For more information or to schedule a showing visit www.MarcoNaplesArea.com or email Michelle.Thomas@SothebysRealty.com. Let me make your home selling and or buying experience one of a kind!

 

8572 Bellagio Drive Naples, FL 34114

Price: $1,185,000

4 Bedrooms | 4.5 Baths
3700 Square Feet

Listing ID #216028235