Naples & Bonita Beachfront

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Naples Area Inventory Down 26%; Closed sales up 5%

 


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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
2nd Qtr Housing Review for 2011

Click Below For
Last Month's eNewsletter

Inventory Down 26%; Closed sales up 5%


Closed Sales
The number of closed sales in August remains approximately the same as August 2010 and is the third highest for the month in 11 years. The year-to-date closed sales are up approximately 5% and volume is up 6.5%. Sales of properties priced above $1,000,000 are up 11% through August (545 in 2011 vs. 489 in 2010).

Pended sales remained approximately the same in August as July. Although pended sales for August are among the lowest for the month, a rolling 12 month comparison (8/1/10 - 7/31/11) ranks them among the highest on record for this period.

New Listings
The number of properties placed in inventory during August is 12% lower than August 2010. Available inventory in the Naples, Bonita Springs, and Estero markets stands at 7,263 units (3,913 condominiums and 3,350 single family homes). This represents a 26% decrease from August 2010. Overall inventory represents approximately an eight month supply based on the number of closed sales during the past 12 months.


See the August end-of-month Housing Report or the Neighborhood Report at end of August.

For those seeking Naples Beach & Waterfront condos, view the  Gulfshore Blvd 2nd Quarter Report for 2011.

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

  
New to Market & 5-star Resort!

Market Update
August 2011
View Market Report
July 2011
View Market Report
June 2011
View Market Report

Open Houses
View all of John R Wood's
Open Houses
Open Houses
~ Just Listed, 3 bedroom, Marina $450,000! ~

Private pool area


Look no further.... A truly Income Producing Property that covers ALL your association fees & mortgage expenses! The best part is that it?s also all managed by professionals who are on-site and comes fully furnished with everything needed for a comfortable escape. This is the only 2nd floor 3 bedroom that overlooks the spa & quiet pool and is light a very bright with east and north facing windows. A spectacular find that delivers 5 star concierge services, resort amenities and just a short walk to Naples landmark 5th Ave, the shops & dining at Bayfront and Naples Bay Resort and a quick bike to the beach down some of the most gorgeous streets in Naples! Call for complete details, Virtual Tour & More Photos Here.

See the Video tour on this and my other properties Here.
Devonwood
Devonwood
$1,299,000
234 Barefoot Mstr Bath
234 Barefoot Beach Blvd
$3,500,000
Whisper Trace
Fiddler's Creek
$189,900

New Listings
View all of SWFL's
New Listings

New Listings
Navona 16th Floor
Navona at The Colony
$459,000
Naples Bay Resort (3 units)
Naples Bay Resort/Hotel
$349,000 - $450,000
Pool Home with Gulf Access
Riverfront Home w/Gulf Access $300,000
 
 
Garren Grup  |  239-289-8619 
Garren@BuyUpNaples.com  |  www.BuyUpNaples.com

Follow Garren Grup on Twitter @BuyUpNaples Befriend Garren Grup on Facebook Garren's E-mail Form Garren's Profile on ActiveRain Real Estate Add Garren Grup as a Connection on LinkedIN Connect with Garren Grup on Plaxo

Call, Email or Connect with Garren to stay in touch & say hello! Request Additional Market Information, a Personal Consultation & Assistance when Considering your Next Move!


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, CDPE, SFR... Noteworthy Results in Luxury properties, Golf course homes, beachfront and vacation foreclosures!

Comment balloon 1 commentGarren Grup • October 24 2011 09:36PM
Naples Area Inventory Down 26%; Closed sales up 5%
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Southwest Florida Real Estate News &… more
On a national level, August 2011 sales were up!
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On a national level, August 2011 sales were up According to the National Real Estate Association (NAR), existing-home sales rose 7. 7 percent to a seasonally adjusted annual rate of 5. 03 million in August from an upwardly… more