John R. Wood, Realtors
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Annual Housing Review for 2010
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Last Month's eNewsletter
March Sees Strong Sales, Inventory Decreases
A large number of sales, spanning all price points, plus decreases in inventory in almost all price segments dominated the Naples, Bonita Springs and Estero markets during March. In fact, closed sales for the month of March were exactly even with March 2005, tying these two months for the highest number of closed sales for the month on record. Pended sales, up 6 percent over March 2010, established a new record high for the month.
When comparing first quarter 2011 with first quarter 2010, closed sales were up 6 percent over 2010, sales above $1 million were up 15 percent over 2010, and pended sales were the highest on record and exceeded first quarter 2005 by 4 percent, which previously held the record for the highest first quarter.
The number of new properties placed on the market in first quarter 2011 was 8 percent below the same period for 2010 bringing the available inventory in Naples, Bonita Springs and Estero to 9,587 units (4,988 condos and 4,599 single-family homes) as of April 1.
All condo price segments showed a decrease in inventory with the exception of those priced above $5 million. The largest decrease in single-family home availability occurred with properties priced between $750,000 and $1 million, which was down 23 percent, and properties priced above $1 million which declined 18 percent.
See the March end-of-month Housing Report or the Neighborhood Report at end of March.
For those seeking Naples Beach & Waterfront condos, view the Gulfshore Blvd 1st Quarter Report for 2011.
Collier Named Healthiest County in Florida
Out of Florida's 67 counties, Collier County retained its healthiest county rating ranking for a second year in a row. Collier snagging the number-one spot is being attributed to lifestyle and improved access to medical care, according to an analysis by a leading private philanthropic organization.
"The credit for our stellar number-one status belongs to the entire community as the health of our community depends on every individual and a variety of stakeholders including our hospital systems, healthcare providers, emergency services, law enforcement, education, social services and employment," said Dr. Joan Colfer, director of the Collier County Health Department.
Collier's ranking for access to clinical care and quality care improved dramatically, and it maintained lower rates for adult smoking, obesity, low birth-weight infants and sexually transmitted diseases than state averages.
"Where you live does matter to your health, and the new rankings confirm once again that we live in a great place," said Dr. Allen Weiss, president and chief executive officers of the NCH Healthcare System.
***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here***