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Southwest Florida Real Estate Blog

Village Walk in Bonita Springs, Florida: 2013 Real Estate Sales Review

Sunday, January 12th, 2014 at 5:41pm. 1,634 Views, 0 Comments.

Village Walk in Bonita Springs, FloridaThe end of year 2013 Village Walk of Bonita Springs real estate market statistics for both home and condominium sales are listed below and show a "steadily increasing"  sales price year over year for all types of homes. Developed by DiVosta (now Pulte Homes), Village Walk is a very popular community with second home owners, retirees, and young professionals. Built for convenience, Village Walk of Bonita Springs offers single family, attached villas, and townhomes that are roomy, great room style, with a wide array of updates. Pulte is still constructing a few last streets within the project. What buyers enjoy about Village Walk is…

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Barefoot Beach in Bonita Springs, Florida - Luxury Beach Living - End of 2013 Sales Analysis

Thursday, January 9th, 2014 at 11:30am. 1,109 Views, 2 Comments.

Barefoot Beach Homes and Condos for SaleThe Rodeo Drive of the Southwest Gulf coast is Barefoot Beach Boulevard – where captains of industry and major sports figures enjoy an easy stroll out their door to the white sandy beaches of the Gulf and the homes and views are multi-millions. An exclusive enclave of custom estate homes, detached villas, and condominiums offering Gulf access for boating, quiet and nearly deserted beaches, surrounded by a state park, this neighborhood is breathtaking.

There were 17 single family home sales on Barefoot Beach. There were five sales in Southport on the Bay where some homes have Gulf access for boating and all have access outside of…

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The Colony at Pelican Landing in Bonita Springs - End of Year Sales

Wednesday, January 8th, 2014 at 9:56pm. 1,181 Views, 0 Comments.

The Colony at Pelican LandingAt The Colony at Pelican Landing, five star living is the "norm."  Featuring access to their private barrier island via water taxi, Gulf access for your boats, membership in The Bay Club for fabulous dining, and access to either the private country club at The Colony or Pelican's Nest, both featuring championship Tom Fazio designed golf, The Colony is considered a superlative living experience on all of the Southwest Gulf coast. The interior lobby, private elevator foyer, high rise buildings are some of the most elegantly designed homes in the entire area.

Sales were fairly brisk in 2013. A total of 63 closed sales of both single…

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I Want to Speak with the Listing Agent - A Conversation in SW Florida About Representation

Monday, December 9th, 2013 at 12:12pm. 1,648 Views, 0 Comments.

Advice about Agent Representation in SW FloridaA familiar phone call each week comes in, "I want to speak with the listing agent for property such and such." A very common occurrence in our office as our website lists all active properties for sale in the six major areas that we cover (Bonita Springs, Naples, Fort Myers, Fort Myers Beach, Cape Coral, Sanibel and Captiva Islands – known as the Lee Island and Paradise Coasts). Let's chat a few minutes about representation in Southwest Florida and what you should know before making this inquiry.

You’re in a quandary when on the receiving end, because first and foremost the person on the other end isn't really interested in…

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Sand Sculpture Competition on Fort Myers Beach

Wednesday, November 20th, 2013 at 12:56pm. 2,180 Views, 0 Comments.

Sand Sculpturing on Fort Myers BeachFort Myers Beach hosts the 27th Annual American Sand Sculpting Championship next week. Beginning November 22nd through December 1st, hundreds from around the World will gather at the Holiday Inn on the southern end of the Beach to concoct whimsical, ornate, and just fun designs in this long honored competition.

This year’s theme is “Go Big or Go Home for the Holidays" will feature solo, duos, and singles and doubles divisions – competing for the top performance arts awards. Ten and twenty-two tons of sand will be used by singles and doubles to create the sand sculptures – promising to be HUGE this year!

Next week’s event is a…

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The BEST Time to Buy in Southwest Florida?

Saturday, November 9th, 2013 at 3:50pm. 2,844 Views, 1 Comments.

The Best Time to Buy in FloridaWhen is the best time to Buy in Southwest Florida? We get this question all the time. After struggling with this question for many years, we took a look at the statistics available to us to see just how much we could "glean"  to answer the question. After looking at the year to date information regarding months of inventory, what is our lowest sale price for each month, what is the trend in sales prices, how many homes sold and their median price, how many new listings come on the market each month, and how many days on market (DOM) did property average until selling, we've found that the market is so rapidly moving we may not be…

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Naples-Marco Sales Report SFH

Saturday, November 9th, 2013 at 3:29pm. 1,706 Views, 0 Comments.

Pulte Homes for SaleWell, the sales report for the Naples-Marco Island MSA (metropolitan statistical area) may contain some disheartening news for buyers and some more welcome news for sellers. Comparing year over year for the same time, the data indicates that prices are dramatically rising, inventory is decreasing, and the time on the market is shortening.

In September of 2012 there were 310 closed sales - in September of 2013, there were 402. There were 545 homes that were listed in 2012 (same month) and 588 in September of 2013. Last year there were 3,215 homes for sale on the market while this year there are 2,541. That's a decrease of 21% from…

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Foreclosure Rates Drop Again in Naples Area

Sunday, October 27th, 2013 at 11:57am. 1,057 Views, 0 Comments.

Foreclosure Rate Declining AgainSouthwest Florida's Real Estate foreclosure rate dropped again for the second month in a row in the Naples market. In late September, the local rate in Naples was 8.7% - down 4.2% from last year at the same time. This month the rate has dropped 3.6% to a little more than 5.0% locally.

Inventory for both new homes and existing homes is also steadily dropping which is driving up prices in our area. It's a good time for sellers again.

The median number of active listings that were foreclosures at the peak in April of 2009 were 256 listings. In September of 2013, our latest data from the MLS statistics, show that there were only 114…

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Collier County Naples' Beach Re-Nourishment Project - UPDATE!

Saturday, October 26th, 2013 at 5:45pm. 1,479 Views, 0 Comments.

Crews delivered 1,800 dump trucks of sand to Vanderbilt Beach at the Ritz-Carlton, 600 to Third Avenue North entryway, and more that 1,200 loads to Horizon Beach which is between Harbor and Park Shore. That's about 20% of the total amount that will be delivered which is estimated to be 17,000 truckloads.

The crews are working all day from sunrise to sunset, six days per week, with the expectation the job will finish in mid-February of 2014.

Collier County Coastal Zone Management director, Gary McAlpin, said "some areas are being filled sooner than expected but that residents shouldn't take that to mean the project will finish…

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Cape Coral City Utility Expansion Project - Prepayment Discount Extended to July 31, 2014

Wednesday, October 23rd, 2013 at 9:49am. 1,372 Views, 0 Comments.

Cape Coral City Utility ExpansionCape Coral’s City Council voted to start expansion of utility hook ups for sewer, water, and irrigation to Southwest Cape Coral’s section 6 and 7. City utility service will be extended to more than 6,100 properties in an area of Southwest Cape Coral.

Annualized payments for the payments will extend for six years on the Capital Facility Expansion Charge ($6,750 this year) and 20 years for the Line Extension Assessment ($10,011). The City reported that this is the lowest amount since expansion was resumed in 2002 for their utility expansion project. If you wish to prepay your assessments you will receive a 20% discount on the…

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Blog Authored by Benjamin Dona of Gulf Coast Associates, Realtors