Sell Your Naples Property

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By selling many Naples properties over the past decade, I have discovered the key to securing a successful sale is to think like a buyer.

Are you thinking of selling your home?  If so, let me show you how I will successfully sell your home by answering the following questions when we sit down for your free marketing presentation.

  • How are you going to market my home, both locally and internationally?
  • What forms of advertising do you use?
  • How do you capture buyers?
  • What are properties selling for around me?
  • How long have those properties been on the market?
  • What would my home sell for?
  • What is the best way to present my home to buyers?

Does Your Agent:

  • Use their expertise to make your home search as efficient as possible?
  • Negotiate the best possible price for you and take care of all the documentation details?
  • Assist you, if necessary, in finding any home-related services you need?
  • These are just a few of the questions you should ask yourself if you are looking to buy a home. Click here to learn more.

 

Interested in learning more on how we can help you sell your home, please feel free to contact us at (239)289-2650 or click here

Recent Sellers Posts

THIRD QUARTER MARKET REVIEW 2017 – Naples / Bonita Springs / Estero / Marco Island Market Area

NAPLES

Single Family Homes

  • The quarter-over-quarter (QoQ) rolling 12 month median price increased slightly over the same period in 2016 to $412,506 while the QoQ rolling 12 month average price rose to $740,833, up 3.5% from the end of Q3 2016.
  • There were 959 single family closings during the third quarter, down from 1075 in Q3 2016.
  • Months-of-supply at the end of the quarter stands at 6.6 months, approximately the same as this time last year.

Condominiums

  • The QoQ rolling 12 month median price increased 3.9% over the same period last year, while the rolling 12 month average price is $419,963, up 4.9% from the end of Q3 2016.
  • There were 902 closings in Q3 2017 compared to 930 in Q3 2016.
  • Months-of-supply at the end of the quarter did not change from the same period a year ago and stands at 6.2 months.

 

BONITA SPRINGS AND ESTERO

Single Family Homes

  • The QoQ rolling 12 month median price was similar to the third quarter last year at $396,563 while the rolling 12 month average price rose 4.5% to $526,565.
  • There were 290 closings during the quarter compared to 343 in Q3 2016.
  • Months-of-supply at the end of the quarter stands at 5.3 months, down from 6 months at the same time last year.

Condominiums

  • The QoQ rolling 12 month median price was $240,135 at the end of Q3 2017, a decrease of 2.5% from the same quarter last year. The QoQ 12 month average price was down 2.4% to $301,580.
  • The number of condominium closings during the third quarter declined to 273 compared to 333 during Q3 2016.
  • Months-of-supply at the end of the quarter stands at 5.4 months compared to 5.6 months at the same time last year.

 

MARCO ISLAND

Single Family Homes

  • The QoQ rolling 12 month median price was up 5.4% over last year at $765,000, while the rolling 12 month average price for the period was static with last year at $915,074.
  • The number of closings in Q3 declined to 76 compared to 90 for the third quarter 2016.
  • Months-of-supply at the end of the quarter stands at 9 months, a decline of 11.4% year-over-year.

Condominiums

  • The QoQ rolling 12 month median price was up 9.4% over last year at $423,125, while the 12 month average price increased slightly to $536,066.
  • There were 74 closings during the third quarter, down from 107 in Q3 2016.
  • Months-of-supply at the end of the quarter stands at 8.1 months, the same as this time last year.

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2017 Southwest Florida MLS. 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.  Naples Florida Monthly Real Estate Market Update is provided by Dustin Beard.”

 

Gulf Shore Boulevard Real Estate Market Report – Third Quarter 2017

Gulf Shore Boulevard Real Estate Market Report – Third Quarter 2017

QUARTERLY NUMBER OF CLOSED SALES

  • The number of closed condominium sales on the bay during the third quarter was the same as last year with 10 units. Sales on the beach declined 25.8% from 31 in the same quarter last year to 23 in the current quarter.
  • Beachfront buildings with the most sales in Q3 were La Mer and The Shores, each of which recorded three sales. On the bay, Port au Villa had two closings, the only building to have more than one sale during the quarter.

QUARTERLY AVERAGE SALES PRICE – CLOSED SALES

  • The average price paid for condominiums on the beach in the third quarter of 2017 was $1,479,880, 17.5% higher than the $1,259,661 average price posted in the same quarter a year earlier. There were  2 sales over $2M during the quarter, the same as Q3 2016.
  • The average price on the bay was $598,700, down slightly from $612,282 in the same quarter in 2016.

QUARTERLY AVERAGE PRICE PER SQUARE FOOT – CLOSED SALES

  • Average price-per-square foot for beachfront condominiums increased 17.8% in Q3 to $707, up from $600 psf in Q3 2016.
  • Average price-per-square foot for bayfront condominiums remained static year-over-year at $381 psf.

 

SUMMARY

At the end of the third quarter, there were a total of 23 units for sale on the bay at an average list price of $608,122 or $433 per-square foot. There were 66 residences on the beach with an average list price of $2,128,129 or $744 per-square foot. This represents four months of supply on the bay and 4.5 months on the beach based on the current sales pace.

This report is intended to give a broad view of market activity among waterfront condominiums on Gulf Shore Boulevard. Buildings on the beach and bay vary significantly in size, condition, age and amenities, and this can impact average sales price and average price-per-square-foot. Buyers and sellers are advised to seek additional information from a John R. Wood Properties sales professional on any property in which there is specific interest.

337 Mooring Line Drive Naples FL

337 Mooring Line Drive

Moorings – Naples, FL

 

This rare gem is not to be missed. Situated on a highly desirable lot backing up to Bowline Bay, this exceptional property has Gulf access and NO bridges! This is the perfect location for a sailboat or a larger craft. Nestled in the heart of Naples, west of Crayton Road, this home is a mere five minute walk to the private Moorings Beach Club where owners can join for a nominal fee. This residence offers the perfect blend of easy beach access and ideal boating.

Step into sophistication the moment you walk through the front door, entering into a foyer with voluminous ceilings and tailor-made wood cabinets on either side. The large, well-thought-out kitchen boasts solid wood cabinetry and granite countertops galore with plenty of space for preparation, cooking and storage. Whether you are making a meal for one, entertaining a large group, or hosting a fabulous dinner party, this is the kitchen of your dreams. With dual sinks, dual ovens, a Wolf gas cooktop, high-end stainless appliances and a temperature controlled wine fridge, this kitchen was truly built for a chef.

Custom crafted woodwork throughout, this four bedroom, three bath home, shows attention to detail and allows for nearly unlimited storage. Book shelves line the walls of many rooms, creating areas for showcasing your favorite possessions, or simply building your very own library. Rich, maple hardwood floors throughout the main areas of the home depict elegance.

The spacious master bedroom affords beautiful views of the Bay with French doors opening to the generous lanai area. Opening the doors on a cooler evening allows a soft breeze and the serene sound of the water.

The open floorplan is perfect for entertaining inside and out. The spacious living area and kitchen look out to the glistening bay with a screened sitting area, and an expansive open pool deck where you can relax in the warm sunshine and watch the dolphins play. Dock your boat in the large, private slip right in your own backyard or sit on the dock, cast a line and catch dinner. If it’s a quick boat ride to the Gulf that you desire, be there in minutes with no bridges to navigate through Doctor’s Pass.

Also, located in the Moorings is the Moorings Country Club, a private member-owned club offering an 18-hole, well-designed golf course as well as dining options. Whether a Gulf lover, a golf enthusiast or just a natural beauty seeker, it is easy to see why the Moorings is the perfect place to call home.

Naples Florida Monthly Real Estate Market Update – September 2017

Naples Florida Real Estate Market News –
September 2017

 

CLOSED SALES

  • The number of closed sales year-to-date for Naples, Bonita Springs and Estero increased 4.4% year-over-year.
  • Closed sales priced above $2 million increased 23.7% through September compared to the same period in 2016 (370 vs 299). During the past 12 months, closings in this segment are up 15% over the prior 12 months (450 vs. 391).

 

NEW LISTINGS/INVENTORY

  • Available inventory on October 1, 2017 consisted of 5,807 units, a decrease of 4.5% from October 1, 2016. This represents 5.8 months of supply based on current absorption rates.
  • During the 12 months ending September 30, 2017, a total of 19,509 listings were added to the market, a decline of 3% from the prior 12 months.

 

AVERAGE AND MEDIAN SALES PRICE

  • Year-to-date average sales price for the area increased 4.2% to $544,229, up from $522,121 for the same period in 2016. Median closed price is approximately the same at $325,000, compared to $320,000 last year.
  • Average price of sales above $2 million remained static over the past 12 months at $3,839,000, up 3% from the 12 months ending September 30, 2016.

 

MARCO ISLAND 

CLOSED SALES

  • During the 12 months ending September 30, 2017, the Marco Island area recorded 858 residential closings, an increase of 3% over the prior 12 months (858 vs. 833).
  • Year-to-date 681 closings occured compared to 662 for the same period in 2016.

 

NEW LISTINGS/INVENTORY

  • Available inventory on October 1, 2017 consisted of 607 single family homes and condominiums, down from 622 units at the same time last year. This represents 8.5 months of supply based on the current sales pace.
  • During the 12 months ending September 30, 2017, a total of 1,240 new listings were added to the Marco Island market, down 17.6% from the prior 12 months.

 

AVERAGE AND MEDIAN SALES PRICE

  • Year-to-date average price of closed sales stands at $671,300 vs. $703,300 for the same period in 2016.
  • Average sales price for the 12 months ending September 30, 2017 is $697,370, down slightly from $702,215 at the end of the prior 12 months. Median price increased 5.2% from $545,477 to $573,877.

 

HURRICANE IRMA IMPACT ON NUMBERS

The impact from Hurricane Irma on the Southwest Florida real estate market will not be fully known for several months. As expected, the event substantially affected the month of September. Residents evacuated in large numbers, many businesses were without power and had to remain closed for prolonged periods, and real estate closings scheduled to occur during the month had to be delayed. The result was that closings in the Naples, Bonita Springs and Estero combined market were down 35% for the month when compared with September 2016, and Marco Island closings were down over 50%. In the coming months, John R. Wood Properties will carefully monitor data on all listing and sales activity by area and price range to help us fully understand the impact of the storm based on specific segments of the market.

At the time of this report, all signs point to a busy season, although it appears to be starting a little later than normal. Buyers are arriving daily and making purchases, and many winter residents are completing clean-up to their property and preparing them for the market. Restaurants and other businesses are mostly back in full swing, and traffic is heavier than a month or two ago.

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2017 Southwest Florida MLS. 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.  Naples Florida Monthly Real Estate Market Update is provided by Dustin Beard.”

Hurricane Irma’s Effect on the Naples Real Estate Market

Hurricane Irma’s Effect on the Naples Real Estate Market

Many of my customers have asked about the expected effect of Irma on the local real estate market over the coming months. If history is any indication, any negative impact will probably be non-existent or very brief.

Over the years from 2000 to the present, this area has weathered a few hurricanes, the most significant being Charley in 2004; Wilma in 2005; and most recently, Irma. While storms such as these definitely cause disruptions to business and life in general, the recovery typically happens quickly. Immediately following the storm, clean-up and restoration of services to residents is a priority. Both local and national emergency services are working day and night to make this happen as quickly as possible, as they have in all of the instances mentioned. The clean-up stage may take a bit more time in some areas, but the worst of it should be nearly over. The next phase is the restoration of private property and businesses that sustained damage. This can take a bit longer depending upon the availability of labor, materials, and the extent of damage. Fortunately for Southwest Florida, most damage to structures from Irma is limited to screen enclosure damage, roof tiles and other parts of the roof structure, and in some cases downed trees impacting buildings.

Currently, I anticipate that there will be minimal disruption to activity in the market. Any downturn in the short term is likely to be due to the fact that sellers want to wait to begin showing their properties until repairs are completed and landscapes cleared of debris. Overall, Southwest Florida has enjoyed a balanced market over the past several months, with a good selection of available properties for sale and many buyers ready to secure their place in paradise.  I do not expect that to change. Given the sales history of 2017 year-to-date, buyer demand should remain strong, leading to a very busy 2017-2018 “season.” Likely, prices will not be impacted significantly, and if they are, it will only be for a short time.

The important thing for buyers and sellers is: Good decisions are seldom made in a state of anxiety, and although there are no guarantees for the future, history indicates that the market will remain strong and an investment in Southwest Florida real estate will continue to be a prudent one.