14% Increase in Naples Closings Over $1.0 Million in February 2013

Southwest Florida Real Estate News

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

www.BuyUpNaples.com

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2012 Year-End Housing Review

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Naples, Bonita Springs & Estero Market Update by:

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14% Increase in Closings Greater Than $1.0 Million in February 2013 vs. Feb. 2012

Closed Sales
For February 2013, there have been 107 closings greater than $1.0 million in the first two months of 2013, an increase of 14% over the first two months of 2012. Closed sales in the $750,000 to $1.0 million range increased 67% from 18 closings in February of 2012 to 30 closings in February of 2013. The year-to-date median sales price is $226,500, the highest since 2008. The year-to-date average sales price is $385,897.

Pended sales
Year-to-date pended sales greater than $1.0 million are up 47% over the same period last year. Pended transactions priced below $250,000 decreased 15% for the period and represented 51% of the total market compared with 60% of the market in February 2012.

New Listings
New properties placed on the market in February 2013 were up 29% from prior year and at approximately 2008-2009 levels for the month. On March 1, 2013, available inventory in the combined Naples, Bonita Springs and Estero market stands at 7,039 units (3,680 condominiums and 3,359 single-family homes). This represents a 7.5 month supply based on the number of closings in the past 12 months.


Click HERE to see the full Market Report for February 2013.

See the Neighborhood Report at end of February.


View the Comprehensive Year-End 2012 Review & Statistics on Property Sales.


View the Gulf Shore Blvd 4th Qtr 2012 Housing Report.

***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here (Updated 2013)***

Already Great Value @ $175,000 Motivated Seller!

Market Update
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Open Houses
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Open Houses

~2+Den, 1,458 sq.ft., Bundled Golf~

Fabulous view of the 18th Fairway! 1st floor light & bright end-unit 2 Bed+Den "Jasmine Model" in Spring Run at The Brooks. This east facing Jasmine offers the warmth of the morning sun and the Sellers are motivated and offering this turnkey furnished for those seeking a property that's ready to go! Bring your golf clubs & racquet to one of the nicest and least expensive bundled golf communities in Bonita Springs Florida! 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

REDUCED in Spring Run $175,000

Just SOLD, $2 million Barefoot Beach

Several Golf Course Properties
$127,000 - $595,000

New Listings
View all of SWFL's
New Listings

Sweeping Lake View in Spanish Wells
$200,000

Coconut Shores
PENDING $225,000

3 Bed, Beachfront Condo $750,000

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

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