One of Naples’ finest and newest luxury high rise communities is The Dunes. Featuring gorgeous views, resort-style amenities and exclusive beach access, this community is a gem. Read below about the Dunes real estate news and opportunities, information on the great amenities and the latest community happenings. If you would like to search for real estate listings in The Dunes or want to learn more about this beautiful community, check out our Dunes Real Estate page.

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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.”

 

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Naples Florida Community Sales Report – September 2017

Monthly Active/Closed Snapshot
12 Month Sold Comparison Report
for Select Communities

This Naples Florida Community Sales Report will show you the market trends for many of the top communities in Naples and Bonita Springs. If you would like more information regarding the Naples Florida Community Sales Report, e-mail Dustin Beard.

 

Information contained in this report is current as of October 1, 2017.

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2016 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.”
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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.”

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Naples Florida Community Sales Report – July 2017

Monthly Active/Closed Snapshot
12 Month Sold Comparison Report
for Select Communities

This Naples Florida Community Sales Report will show you the market trends for many of the top communities in Naples and Bonita Springs. If you would like more information regarding the Naples Florida Community Sales Report, e-mail Dustin Beard.

 

 

Information contained in this report is current as of August 1, 2017.

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2016 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.”
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SECOND QUARTER MARKET REVIEW 2017 – Naples / Bonita Springs / Estero / Marco Island Market Area

NAPLES

Single Family Homes

  • The year-to-date median sales price at the end of the second quarter remained consistent with Q2 2016, while the average sales price increased 3% to $782,854.
  • The number of closings in Q2 2017 increased 7% over the same period in 2016 to 1386 closings, compared to 1290 during the second quarter 2016.
  • Months-of-supply at the end of Q2 stands at 6.9 months, down 4% from 7.2 months for the same period in 2016.

Condominiums

  • The year-to-date median sales price increased 9% over the second quarter of 2016, while average sales price was up 13% ($477,461 vs. $421,038).
  • A total of 1,572 condominium closings occurred in Q2 2017, up from 1,474 closings during the same period last year.
  • Months-of-supply at the end of Q2 stands at 6.5 months, up 10% from the 5.9 months at the end of Q2 2016.

 

BONITA SPRINGS AND ESTERO

Single Family Homes

  • Through the second quarter, median sales price decreased less than 2% over prior year, while the average sales price increased 8.7% to $557,752 during the same period.
  • There were 425 closed units during the second quarter, approximately the same as 2016 when there were 419.
  • Months-of-supply at the end of the quarter stands at 5.5 months, a year-over-year decrease of 9.8%.

Condominiums

  • Both median and average sales prices remained relatively stable year-over-year, with each declining approximately 3%. Median sales price at the end of the quarter is $246,568 and average price is $306,509.
  • The number of closings increased from 458 in Q2 2016 to 511 for the second quarter 2017.
  • Months-of-supply at the end of the quarter stands at 5.8 months vs. 5.9 months at the end of Q2 2016.

 

MARCO ISLAND

Single Family Homes

  • The year-to-date median sales price increased from $720,128 at the end of Q2 2016 to $733,815 in the current year. Average sales price for the period declined 5.5% to $946,587.
  • The number of single family closings increased 15% year-over-year to 135, up from 117 in Q2 2016.
  • Months-of-supply at the end of Q2 stands at 9.6 months, a decline of 16.5% from the same period in 2016 when there was an 11.5 month supply.

Condominiums

  • The median sales price year-to-date declined less than 4% from Q2 2016 to $415,525. Average sales price for the period increased 9.5% to $550,901.
  • There were 162 closings during the period vs. 167 during Q2 2016.
  • Months-of-supply at the end of the second quarter stands at 8.6 months, an increase of 15% over Q2 2016.

 

“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.”
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Naples Florida Community Sales Report – June 2017

Monthly Active/Closed Snapshot
12 Month Sold Comparison Report
for Select Communities

This Naples Florida Community Sales Report will show you the market trends for many of the top communities in Naples and Bonita Springs. If you would like more information regarding the Naples Florida Community Sales Report, e-mail Dustin Beard.

 

Information contained in this report is current as of July 1, 2017.

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2016 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.”

 

 

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Naples Florida Community Sales Report – May 2017

Monthly Active/Closed Snapshot
12 Month Sold Comparison Report
for Select Communities

This Naples Florida Community Sales Report will show you the market trends for many of the top communities in Naples and Bonita Springs. If you would like more information regarding the Naples Florida Community Sales Report, e-mail Dustin Beard.

Information contained in this report is current as of June 1, 2017.

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2016 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.”

No Comments

Naples Florida Community Sales Report – April 2017

Monthly Active/Closed Snapshot
12 Month Sold Comparison Report
for Select Communities

This Naples Florida Community Sales Report will show you the market trends for many of the top communities in Naples and Bonita Springs. If you would like more information regarding the Naples Florida Community Sales Report, e-mail Dustin Beard.

Information contained in this report is current as of May 1, 2017.

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2016 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.”
No Comments

Naples Florida Community Sales Report – March 2017

Monthly Active/Closed Snapshot
12 Month Sold Comparison Report
for Select Communities

This Naples Florida Community Sales Report will show you the market trends for many of the top communities in Naples and Bonita Springs. If you would like more information regarding the Naples Florida Community Sales Report, e-mail Dustin Beard.

Information contained in this report is current as of April 1, 2017.

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2016 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.”
No Comments

Naples Florida Community Sales Report – February 2017

Monthly Active/Closed Snapshot
12 Month Sold Comparison Report
for Select Communities

This Naples Florida Community Sales Report will show you the market trends for many of the top communities in Naples and Bonita Springs. If you would like more information regarding the Naples Florida Community Sales Report, e-mail Dustin Beard.

Information contained in this report is current as of March 1, 2017.

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2016 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.”