October 2012 - Bonita and Naples Housing Inventory Declines 16 Percent

By
Real Estate Agent with John R. Wood REALTORS
 

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Southwest Florida Real Estate News


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Garren Grup
John R. Wood, Realtors
239-289-8619
Garren@BuyUpNaples.com

www.BuyUpNaples.com

Click Below For the
2012 Year-End Housing Review

Click Below For
Last Month's eNewsletter

Home Prices Continue to Increase in Naples, Bonita Springs and Estero

 

Closed Sales
Closed sales have continued to escalate in the Naples, Bonita Springs and Estero Market areas. As an example of how drastically the market has changed in the last few years, September Year-to-Date closed sales are up 77% versus the same period in 2008. Both the Average and Median sales prices for the Southwest Florida area continue to increase. The Median is up 4.2% over 2011, and the Average has increased by 2.5%. A number of neighborhoods, particularly in the Naples area, are beginning to see appreciation at rates exceeding the overall Median increase for the greater Southwest Florida area.

Pended sales
Since 2009, every year has had a remarkably steady rate of sales. In all four years, Year-to-Date pending sales thru the first three quarters are over 11,000 units. For 2012, the Year-to-Date pending sales number is almost 12,000 units, and is expected to accelerate this winter season, as housing markets continue to improve nationwide. Homes selling in other areas provide a boost to Southwest Florida, since we have so many "feeder" markets in the Midwest, Northeast, and Southern states.

New Listings
Available inventory in the Naples/Bonita Springs/Estero market as of September 1, 2012 is down to 6,151 units (2,766 single-family homes and 3,385 condos). This is a 17.5% decrease as compared to September of 2011.


Click
HERE to see the full Market Report for October 2012.


Click
HERE to see our Newest Market Report on Inventory & Absorption.

See the Neighborhood Report at end of September.


View the Comprehensive
2nd Qtr 2012 Review & Statistics on Property Sales.

View the Gulf Shore Blvd 3rd Qtr 2012 Housing Report.

***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here***

  

Sweeping Lake views!

 

Market Update
August 2012
View Market Report
July 2012
View Market Report
June 2012
View Market Report


Open Houses

View all of John R Wood's
Open Houses
Open Houses

~Bike to the Beach, 3Bed, over 1,800 sq.ft.~

Spanish Wells Country Club

 

Panoramic Lake View, has 3bed, 1,800sqft open floor plan,tile throughout the main living area. Exceptionally cared forwith large mstr bedroom & 1car garage. The Spanish Wells Golf Country Club along with the Tarpon Cove Yacht & Racquet Club amenities are optional. Social & Full memberships available. Your Oasis awaits, all this plus just 5 minutes to the beach! Offered at just $200,000. Call for complete details,  Virtual Tour & More Photos Here.

See the Video tour on this and my other properties Here.

Website Links
www.BuyUpNaples.com
www.NaplesBeachfront.co.uk
www.NaplestoBonitaSprings.com

JUST SOLD in Pelican Landing
Just SOLD Santuary in Pelican Landing

JUST SOLD in Barefoot Beach 7-26-12
Just SOLD 234 Barefoot Beach $3,500,000

Multiple Golf Course Properties FOR SALE
11 Golf Course Properties
$127,000 - $625,000

 

New Listings
View all of SWFL's

New Listings
New Listings

Optional Golf & Yacht Club Membership
Just Listed in - Spanish Wells
$200,000

Naples Bay Resort (2 units)
Naples Bay Resort/Hotel
$343,000 - $350,000

Beachfront with Gulf View from every room!
Beachfront Condo Just Listed $750,000

 

 

Garren Grup  |  239-289-8619 
Garren@BuyUpNaples.com  |  www.BuyUpNaples.com

Request Additional Market Information, a Personal Consultation & Assistance when Considering your Next Move!

The Grup-Link Properties Group is where you'll find the market knowledge, negotiation skills and technology needed to efficiently and effectively deliver the results you need!
-Garren Grup & Nina Link


Naples Condos, Homes & Automated updates at www.ViewAllNaplesHomes.com 

Bonita Springs Properties & Automated updates at www.BonitaSpringsHomeSearcher.com

 

For more information, connect with Garren:

Follow Garren Grup on Twitter @BuyUpNaplesBefriend Garren Grup on FacebookGarren's E-mail FormGarren's Profile on ActiveRain Real EstateAdd Garren Grup as a Connection on LinkedINConnect with Garren Grup on PlaxoConnect with Garren Grup on Plaxo

Please Feel Free to Call, Email or Connect with Garren for additional market information
or Search for Homes & Condo properties at http://www.Garren4Homes.com

Buyers, Check out the newest Home Search website
I have launched with a larger picture format to help you
Find and View ALL Homes in Naples, Bonita Springs, Estero & Fort Myers Beach Areas

Click to see a Map of Pelican Bay Properties For Sale

 ***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here

Garren Grup is a Real Estate Consultant, REALTOR®, ABR, GRI, CNE, CDPE, SFR, CREN. Noteworthy Results in Luxury properties, Golf course homes, beachfront and vacation escapes!

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Location:
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Groups:
Posts to Localism
Waterfront Agents
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Florida Real Estate Investors
Bonita Springs, Naples & Estero Life
Tags:
naples condos
increasing prices
inventory down
bonita springs home sales
market recovering
distressed listings sparse
villas selling

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Rainer
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Jacob Thomas, Weston, Davie, Coopercity, Southwest Ranches, Miramar Realtor
South Florida Estate Homes Inc - Weston, FL
South Florida Estate Homes Inc.

Great Blog! Happy to hear that market in your area is very hot and hope buyers do take advantage of the low prices. Best Wishes.

Jan 20, 2013 06:21 AM #1
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Rainmaker
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Garren Grup

REALTOR, ABR, CNE,CDPE, GRI, Naples & Bonita Springs, FL
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