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Naples Florida Monthly Real Estate Market Update – June 2018 – LUXURY MARKET

Naples Florida Real Estate Market News –
June 2018

LUXURY MARKET

 

 

SINGLE FAMILY

CLOSED SALES

  • The number of closed sales in the 12 months ending June 30, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 15% year-over-year (460 vs 313).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending June 30, 2018, a total of 613 new listings were added to the market, this is approximately 9% fewer listings than the same time period 12 months ending June 30, 2017.
  • Available inventory as of June 30, 2018 consisted of 370 units, a decrease of 16% vs the same time period in 2017. Current inventory represents 12 months of supply based on current absorption rates.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,291,642, which increased 2% vs the same time period in 2017.
  • The median sales price for the area increased 4% to $2,600,000 vs 2017.

 



CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending June 30, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 29% year-over-year (441 vs 342).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending June 30, 2018, a total of 652 new listings were added to the market, an increase of approximately 15% vs the same time period, 12 months ending June 30, 2017.
  • Available inventory as of June 30, 2018 consisted of 280 units, a decrease of 18% vs the same time period in 2017. Current inventory represents 9 months of supply based on current absorption rates.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $1,883,642, a decrease of 3% vs the same time period in 2017.
  • The median sales price for the area stayed relatively the same with an decrease of 9% to $1,530,000 vs 2017.

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2018 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 Monthly Real Estate Market Update – June 2018

Naples Florida Real Estate Market News –
June 2018

 

 

SINGLE FAMILY

CLOSED SALES

  • The number of closed sales in the 12 months ending June 30, 2018 for the Naples, Bonita Springs and Estero area remained relatively the same, with a decrease of 4% year-over-year (6,753 vs 7,014).
  • There were 27 closed sales, priced above two million, in June 2018 compared to 15 in June 2017. During the 12 months ending June 30, 2018, sales in this category increased 13% over the same time period in 2017 (233 vs 206).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending June 30, 2018, a total of 10,729 new listings were added to the market, this is 6% fewer listings than the same time period, 12 months ending June 30, 2017.
  • Available inventory as of June 30, 2018 consisted of 4,817 units, a decrease of 5% vs the same time period in 2017. Current inventory represents 9 months of supply based on current absorption rates.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $670,456 which improved over the same time period in 2017, representing an increase of 10%.
  • The median sales price for the area increased 5% to $400,000 vs $380,000 in 2017.

 


CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending June 30, 2018 for the Naples, Bonita Springs and Estero area remained relatively the same, with a decrease of 2% year-over-year (5,501 vs 5,592).
  • There were 8 closed sales, priced above two million, in June 2018 compared to 13 in June 2017, a 38% decrease. During the 12 months ending June 30, 2018, sales in this category increased 12% over the same time period in 2017 (137 vs 122 units).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending June 30, 2018, a total of 8,779 new listings were added to the market, approximately 2% fewer listings than the same time period 12 months ending June 30, 2017.
  • Available inventory as of June 30, 2018 consisted of 3,885 units, a decrease of 5% vs the same time period in 2017. Current inventory represents 9 months of supply based on current absorption rate.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $414,653, which improved over the same time period in 2017, representing an increase of 5%.
  • The median sales price for the area decreased 1% to $257,500 vs 2017.

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2018 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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4400 Gulf Shore Boulevard N. #PH-505 Naples FL

4400 Gulf Shore Boulevard N. #PH-505

Ardissone – Naples, FL

 

 

Gaze at the beautiful lights of Venetian Bay, watch the boats and dolphins travel through the magnificent blue waters from three separate balconies surrounding this exceptional condominium. Glide past boats docked on both sides as you enter this exclusive, gated, Park Shore island community. A private elevator is just steps away from both of your covered parking spots. Step inside and let it lift you up and away to your exclusive penthouse. The doors open, and you immediately step out into your large, sweeping, spacious foyer leading to an open dining area and living room with breathtaking views overlooking the sparkling waters of Venetian Bay.

This vast, two-bedroom plus den, two bath home boasts a large floor plan with more than 3,200 square feet of luxurious living. Brand new electric hurricane shutters throughout were installed in April of 2018 offering security, assurance and adding endless value and protection. The stunning, re-mastered kitchen contains top-of-the-line Irpinia cabinetry complimenting the Miele stainless steel appliances. Ample storage is found throughout the built-in cabinets and drawers with upgraded granite countertops which extend to create the perfect breakfast bar. A 5-burner cooktop stove, wall unit microwave and oven and reverse osmosis system round out the many features of this perfect kitchen built for a chef.

Off the kitchen is a large renovated den with custom built-in cabinets and an expansive balcony that faces the beach with western sunset views. The large light and airy guest bedroom offers the same serene sunset views as in the den, and is thoughtfully furnished in neutral tones with custom built-in closets.

An extended master suite can be found on the bay side of the penthouse and features an elongated sitting area, perfect for a home office or private reading area. A spacious master bath with a large soaking tub overlooking the bay and a separate shower, two oversized linen closets, dual sinks and oversized walk-in closets complete the en-suite. Just past the closet is a laundry room with a front-loading washer and dryer, plenty of storage space and convenient access to the foyer area.

Truly a boater’s dream, a deeded boat dock located at the community entrance is also included with this coveted property, offering access to the Gulf of Mexico through Doctor’s Pass. The calm, blue water and white sugar sand of Naples’ world-renowned beaches are also just a short, leisurely stroll across Gulf Shore Boulevard.

Location, ambiance and amenities abound at Park Shores’ most prestigious bay front community, the Ardissone. With its gated and secure entry, serene pool and spa area, deeded beach access, boat docks, a nearby marina and a short distance to Venetian Village or Waterside Shops, it is easy to see why this is truly a slice of paradise.

4400 Gulf Shore BLVD N PH-505, NAPLES, FL 34103 (MLS # 218038972)

(all data current as of 1/18/2019)
Price $1,750,000
Beds 2
Baths 2 baths
Home size 2,606 sq ft
Lot Size n/a
Days on Market 52
Status Sold
Gaze at the beautiful lights of Venetian Bay, watch the boats and dolphins travel through the magnificent blue waters from three separate balconies surrounding this exceptional penthouse condominium. Glide past boats docked on both sides as you enter this exclusive, gated, Park Shore island community. A private elevator is just steps away from both of your covered parking spots. A spacious foyer leads you to an open dining area and living room with breathtaking views overlooking the sparkling waters of Venetian Bay. This vast, two-bedroom plus den, two bath home boasts a large floor plan with more than 3,200 square feet of luxurious living. Brand new electric hurricane shutters throughout were installed in April of 2018 offering security, assurance and adding endless value and protection. Ample storage is found throughout with custom built-in cabinets and drawers. Truly a boater's dream, a deeded boat dock located at the community entrance is also included with this coveted property, offering access to the Gulf of Mexico through Doctor's Pass.

Property Type(s): Condo/Townhouse/Co-Op

Last Updated 8/8/2018 Tract ARDISSONE
Year Built 1990 Community PARK SHORE
Garage Spaces 2.0 County Collier
Total Parking n/a

Schools

Elementary School SEA GATE ELEMENTARY
Jr. High School GULFVIEW MIDDLE SCHOOL
High School NAPLES HIGH SCHOOL

Additional Details

Lot 0.0000 Area PARK SHORE
HOA Dues 4087.79; Quarterly Parking 2 Assigned,Covered
Sewer Central Stories 3
Subdivision ARDISSONE Taxes 13072.93
Utilities Central; Central; View Description Bay,Gulf,Gulf and Bay
Water Central Waterfront Description Bay,Navigable

Features

Air Ceiling Fans, Central Electric
Air Conditioning Yes
Amenities Beach Access, Community Pool, Community Spa/Hot tub, Extra Storage, Internet Access, Trash Chute, Underground Utility
Appliances Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Instant Hot Faucet, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer
Construction Poured Concrete
Exterior Deck, Patio, Storage
Garage Attached, Yes
Heat Central Electric
Interior Bar, Built-In Cabinets, Cable Prewire, Closet Cabinets, Custom Mirrors, Exclusions, Foyer, High Speed Available, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
Lot Description See Remarks
Style End-Unit, Penthouse
View Yes
Waterfront Yes

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listed with William Raveis-Florida LLC

(view all details for MLS #218038972)

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Naples Florida Community Sales Report – May 2018

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 31, 2018.

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2018 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 – May 2018 – LUXURY MARKET

Naples Florida Real Estate Market News –
May 2018

LUXURY MARKET

 

 

 

SINGLE FAMILY

CLOSED SALES

  • The number of closed sales in the 12 months ending May 31, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 7% year-over-year (340 vs 318).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending May 31, 2018, a total of 620 new listings were added to the market, this is approximately 7% fewer listings than the same time period 12 months ending May 31, 2017.
  • Available inventory as of May 31, 2018 consisted of 422 units, a decrease of 10% vs the same time period in 2017. Current inventory represents 15 months of supply based on current absorption rates.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,167,794, which decreased 3% vs the same time period in 2017.
  • The median sales price for the area increased 24% to $2,970,000 vs 2017.

 



CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending May 31, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 35% year-over-year (448 vs 333).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending May 31, 2018, a total of 651 new listings were added to the market, an increase of approximately 15% vs the same time period, 12 months ending May 31, 2017.
  • Available inventory as of May 31, 2018 consisted of 329 units, a decrease of 12% vs the same time period in 2017. Current inventory represents 9 months of supply based on current absorption rates.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $1,888,285, a decrease of 4% vs the same time period in 2017.
  • The median sales price for the area stayed relatively the same with an increase of 1% to $1,787,500 vs 2017.

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2018 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 Monthly Real Estate Market Update – May 2018

Naples Florida Real Estate Market News –
May 2018

 

 

SINGLE FAMILY

CLOSED SALES

  • The number of closed sales in the 12 months ending May 31, 2018 for the Naples, Bonita Springs and Estero area remained relatively the same, with a decrease of 3% year-over-year (6,737 vs 6,963).
  • There were 53 closed sales, priced above two million, in May 2018 compared to 55 in May 2017. During the 12 months ending May 31, 2018, sales in this category increased 11% over the same time period in 2017 (381 vs 343).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending May 31, 2018, a total of 10,727 new listings were added to the market, this is 5% fewer listings than the same time period, 12 months ending May 31, 2017.
  • Available inventory as of May 31, 2018 consisted of 5,197 units, a decrease of 4% vs the same time period in 2017. Current inventory represents 9 months of supply based on current absorption rates.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $656,396 which improved over the same time period in 2017, representing an increase of 8%.
  • The median sales price for the area increased 4% to $395,000 vs $380,000 in 2017.

 


CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending May 31, 2018 for the Naples, Bonita Springs and Estero area remained relatively the same, with a decrease of 1% year-over-year (5,488 vs 5,533).
  • There were 24 closed sales, priced above two million, in May 2018 compared to 34 in May 2017, a 29% decrease. During the 12 months ending May 31, 2018, sales in this category increased 20% over the same time period in 2017 (142 vs 118 units).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending May 31, 2018, a total of 8,770 new listings were added to the market, approximately 2% fewer listings than the same time period 12 months ending May 31, 2017.
  • Available inventory as of May 31, 2018 consisted of 4,360 units, a decrease of 3% vs the same time period in 2017. Current inventory represents 9 months of supply based on current absorption rate.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $417,595, which improved over the same time period in 2017, representing an increase of 6%.
  • The median sales price for the area decreased 5% to $255,000 vs 2017.

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2018 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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Cirque du Soleil – Crystal

Cirque du Soleil – Crystal

Germain Arena

July 12-15, 2018

Crystal is an Arena touring show by Cirque du Soleil that started previewing to the public in October 2017, with an official premiere in December 2017. It is Cirque du Soleil’s 42nd original show since 1984, and the first one done on an ice rink. Crystal blends several circus acts with high-level ice skating. It is described as a woman shattering reality to discover herself in the world of possibility. For more information, click here.

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Maxi Priest – Easy to Love

Maxi Priest – Easy to Love

Southwest Florida Event Center

Friday, June 22, 2018, 8:00pm – 9:30pm

Only a handful of singers succeed in transcending their genre without losing the essence of who they are. Superstar Maxi Priest is one of those artists whose own unique vision has led him to tremendous international success, being the first reggae artist to have a No. 1 hit worldwide, including the U.S. Billboard charts. For more information, click here.

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Third Street South Farmers Market

Third Street South Farmers Market

Behind Tommy Bahamas in the Neapolitan parking lot

Every Saturday, June 2-30th, 2018, 7:30am – 11:30am

The Third Street Farmers Market overflows with fresh produce, flowers, pastas, cheeses, seafood, grass fed beef, all manner of pastries & baked goods, prepared foods, jams, relishes, fresh roasted coffees, dog treats, baskets, jewelry and much more. Click on Market Vendors for more on individual products. For more information, click here.

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4031 Gulf Shore Boulevard #6B Naples FL

4031 Gulf Shore Boulevard #6B

Allegro – Naples, FL

 

Breathtaking west facing sunset views and a location within walking distance to the elegant shops and restaurants in Venetian Village, this sixth floor unit in the prestigious Allegro is a coastal treasure.

Featuring an open layout, new impact glass windows and sliders throughout, with a partial glass railing, a newer air conditioning unit, expansive storage spaces and a spacious laundry room, this three-bedroom, two-and-a-half bath unit offers the perfect balance between luxury and livability with spectacular Gulf views from every room.

The master suite boasts an oversized walk-in his/hers closet, a stunning bathroom with a large walk-in shower, a separate toilet/bidet room, granite countertops and beautiful cabinetry. Two guest bedrooms afford comfort and picturesque views with charming bathrooms. The foyer with its built-in wet bar and the open living room and dining room provide an entertainment space with a magnificent view. Cook and watch the serene Gulf waters from the light and bright kitchen with an eat-in area. Granite countertops, a double wall oven, a cook-top stove and a large pantry complete this delightful kitchen.

Allegro has much to offer, including a barbeque and picnic area, bike storage, a billiards room, library, fitness facilities, community rooms, and covered parking. Allegro’s pool area is sure to be your favorite spot to relax. A large sun patio, cabana, and kitchen facilities are all available for your use while you are enjoying the Gulf-side pool and spa. Allegro also offers 24-hour security, insuring safety and giving residents peace of mind. Boat slips are also available for lease or purchase through the Venetian Bay Yacht Club.

4031 Gulf Shore BLVD N 6B, NAPLES, FL 34103 (MLS # 218035277)

(all data current as of 1/18/2019)
Price $1,150,000
Beds 3
Baths 3 baths
Home size 2,515 sq ft
Lot Size n/a
Days on Market 117
Status Sold
Breathtaking west facing sunset views and a location within walking distance to the elegant shops and restaurants in Venetian Village, this sixth floor unit in the prestigious Allegro is a coastal treasure. Featuring an open layout, new impact glass windows and sliders throughout, with a partial glass railing, a newer air conditioning unit, expansive storage spaces and a spacious laundry room, this three-bedroom, two-and-a-half bath unit offers the perfect balance between luxury and livability with spectacular Gulf views from every room.

Property Type(s): Condo/Townhouse/Co-Op

Last Updated 10/2/2018 Tract ALLEGRO
Year Built 1981 Community PARK SHORE
Garage Spaces 1.0 County Collier
Total Parking n/a

Price History

Prior to Jul 16, '18 $1,299,000
Jul 16, '18 - Today $1,195,000

Schools

Elementary School SEA GATE ELEMENTARY
Jr. High School GULFVIEW MIDDLE SCHOOL
High School NAPLES HIGH SCHOOL

Additional Details

Lot 0.0000 Area PARK SHORE
HOA Dues 4895.00; Quarterly Parking 1 Assigned,Under Bldg Open
Sewer Central Stories 14
Subdivision ALLEGRO Taxes 9412.66
Utilities Central; Central; View Description Gulf,Gulf and Bay
Water Central Waterfront Description Gulf Frontage,On the Gulf Beach

Features

Air Ceiling Fans, Central Electric
Air Conditioning Yes
Amenities BBQ - Picnic, Beach Access, Bike Storage, Billiards, Cabana, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Extra Storage, Internet Access, Library, Streetlight, Trash Chute, Vehicle Wash Area
Appliances Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer
Construction Poured Concrete
Exterior Storage
Garage Attached, Yes
Heat Central Electric
Interior Built-In Cabinets, Cable Prewire, Closet Cabinets, Custom Mirrors, Exclusions, Fire Sprinkler, Foyer, High Speed Available, Laundry Tub, Pantry, Smoke Detectors, Volume Ceiling, Walk-In Closet, Wet Bar
Lot Description See Remarks
Style Corner, End-Unit
View Yes
Waterfront Yes

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listed with William Raveis-Florida LLC

(view all details for MLS #218035277)