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Welcome to Naples most innovative, comprehensive and optimistic blog! Here you will find some basic Naples Real Estate information, current statistics & market trends and lots of other good information about living in Southwest Florida! We hope you will make this blog one of your "favorites" as new listings, leasing opportunities and Best Buys will be posted regularly!
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Friday, December 31, 2010
Monday, December 27, 2010
Global Connections
Wednesday, December 15, 2010
Reduced, Re-listed and Ready for Offers!
- Once in a lifetime opportunity to own a 3 bedroom, 3 bath bayfront townhome which includes a private deck at the waters edge, perfect alfresco dining. Also includes a deeded dock and direct gulf access! Imagine yourself in 'front row' seats to all that waterfront living in Naples Florida has to offer. Tastefully updated, plus a private 2-car garage, and a lovely community pool. Aggressively priced at $1,250,000. Click HERE for additional views of this magnificent home.
- Take advantage of this unbelievable opportunity of owning a home on one of Naples most unique waterfront streets! You actually own BOTH sides of the street, with 80' of waterfront on both sides with depths that would accommodate large boats! Fabulous bay views both west and south, yet water is protected from wakes! Build your dream home, or enjoy the existing home with recently updated granite kitchen, wood-burning fireplace, and refreshing private pool. Reduced to $1,499,000. Click to view this waterfront home !
- Another bayview beauty! No detail has been overlooked in this custom built residence! This 4 bedroom home offers expansive views, private dock, a gourmet kitchen with walk-in pantry, bamboo and marble floors, a master suite with sitting room that overlooks Naples Bay, a billiards room, vanishing edge pool, sauna, impact glass and shutters, plus so much more! The furniture is also negotiable! Check out the virtual tour of this magnificent Naples home and call us for your private showing today! Presently being offered at $2,295,000.
- Attention to those seeking perfection! Located on prestigious Kingfish Road, this custom five bedroom home has been lovingly cared for by the original owner! From the moment you walk in the front door you are greeted with spectacular Naples bay vistas from every vantage point! The features are countless, and include custom cabinetry, granite, saturnia marble, electric screens, plantation shutters, elevator, fireplace, a 90' dock with Trec decking, plus a protected slip with a 16,000 pound lift! The list goes on and on! Click here to gain a unique perspective of this waterfront home! Asking $3,499,000.
To see Naples the way it was meant to be seen: by water, please call us today! We believe it is so important, before purchasing a waterfront property, that you include a tour of Naples waterfront properties by boat! We will happily take you for a sunset cruise and help you to discover the many gulf access channels and inlets that make living on the water in Naples Florida so magical!
Thank you, and make it a great day,
The Naples Real Estate Blogger
Wednesday, November 17, 2010
Zen and the Art of Selling Real Estate
Thursday, November 4, 2010
October Stats
- Presently there are 7,773 active residential listings in *Naples...remembering just a few short years ago when this peaked at over 15,000!
- Of those, 3,354 are single family homes and 4,419 are condos.
- There are 791 active single family listings priced at or above $ 1 million dollars (Previews Properties)
- Only 46 total $1 million+ single family homes are currently pending.
- There are 519 active condos priced at or above $1 million (Previews Properties)
- Only 20 total $ 1 million+ condos currently pending.
- Closed sale YTD of all [SFHs and Condos] Previews Properties: 532, which calculates to an estimated 2 year absorption rate in the $ 1 million+ price points.
- October saw 1,481 total listings pending, up approximately 13% over the previous month.
- 1 in 5 active listings had a priced reduction in the month of October.
- The average rate on a 30-year fixed rate mortgage fell to 4.25%, matching the second lowest on records from 4.34 average percent last month. That equates to a monthly payment of $492 for every $100,000 financed. That is a decrease of 9.12% in the monthly payment of a year ago when the average rate were 5.04%.
Please let us know if there are any specific statistics that you would like us to include in our monthly report. The Harris-Peppe Team always welcomes your comments, and we look forward to earning your business.
Have a great day,
The Naples Real Estate Blogger
*All data derived from SunshineMLS and includes Naples residential statistics only.
Tuesday, October 19, 2010
New Listing
Thursday, October 14, 2010
October in Beautiful Naples Florida!
Monday, October 11, 2010
What is a QR Code?
Wednesday, October 6, 2010
Vote NO on 4
Here are my reason for voting NO on Amendment 4:
Tuesday, October 5, 2010
Beyond Slogans
Here are a few of my personal favorites...
"Connecting People"
~Nokia
"Because You're Worth It."
~L'Oreal
"The Ultimate Driving Machine."
~BMW
"Expect the Best"
~Coldwell Banker
"Where Do You Want To Go Today?"
~Microsoft
Monday, October 4, 2010
September Stats
- New listings taken in Naples, September 2010 numbered 1299. This is the fewest number of new listings taken in a month since August 2009.
- Currently there are 7,709 Active residential listings in Naples.
- Both "Pendings" and Closed Sales were down slightly in September 2010 as compared to September 2009.
- Of the 511 closed sales in Naples in September, 437 were residential. Across the board, the list to sale percentage was 94% and the Average Days on the Market was 165 days.
- Median Sold price in Naples in September 2010 was approximately $165,000 compared to $185,000 in September 2009.
- Average sold price in Naples, September 2009 was just under $340,000. Last month's average closed sale was virtually the same. The 12 month average is $370,000 after a peak in July 2010 of $526,000.
- Average sale price 0-12 months: $4,924,416.
- Average sale price 24-12 months: $4,263,143.
- Average sale price 36-24 months: $3,893,318.
Thursday, September 30, 2010
What a Difference a Day Makes
Tuesday, September 28, 2010
Out of the Area-Flat Rate Brokers?
Here is my latest experience:
Saturday, September 25, 2010
Gordon River Views
Wednesday, September 22, 2010
"Season's Coming"!
Monday, September 20, 2010
Mansion In The Sky
Monday, September 13, 2010
A Slice of Paradise
Saturday, September 11, 2010
Never Forget
Please take a moment to watch this VIDEO.
Friday, September 10, 2010
Latest National Association of REALTORS Research
Monday, September 6, 2010
Exciting Adventures in South Florida
http://www.swampexplorers.com/
http://youtube.com/naplesproperties
Thanks for reading!
Make it a great day,
The Naples Real Estate Blogger
Saturday, September 4, 2010
Happy Labor Day Weekend! A Great Time to Buy a Home in Naples Florida!
Wednesday, September 1, 2010
Naples Real Estate Statistics for August 2010
- New listings taken August 2010: 1,336. Priced at or above $1 million: 126
- New listings taken August 2009: 1,213. Priced at or above $1 million: 79
- Pending sales August 2010: 798. Pended listed at or above $1 million: 29
- Pending sales August 2009: 951. Pended listed at or above $1 million: 42
- Closed sales August 2010: 547. Closings that were listed at or above $1 million: 34
- Closed sales August 2009: 592. Closings that were listed at or above $1 million: 34
- Closed sale finance trends: 149 of the 547 closings got some type of conventional financing, whereas 398 of the 547 closings were cash transactions.
- NA 05 Crayton Area Aug 2009-Aug 2010: $850,310 vs prior 24-12 months: $970,272
- NA 06 Old Naples Aug 2009-Aug 2010: $1,058,244 vs prior 24-12 months: $1,048,758
- NA 07 Port Royal/Aqualane Aug 2009-Aug 2010: $5,177,272 vs prior 24-12 months: $ 4,216,020
- NA 08 Royal Harbor Area Aug 2009-Aug 2010: $507,638 vs 24-12 months: $711,573
- NA 05 Crayton Area: Current Inventory: 603 active listings. Closings in the past 12 months: 433. List Price to Sale Price percentage ratio: 89% Average Days On Market: 253.
- NA 06 Old Naples: Current Inventory 272 active listings. Closings in the past 12 months: 150. List Price to Sale Price percentage ratio: 91%. Average Days On Market: 210.
- NA 07 Port Royal/Aqualane: Current Inventory: 108 active listings. Closings in the past 12 months: 55. List Price to Sale Price precentage ratio: 86%. Average Days On Market: 277.
- NA 08 Royal Harbor Area: Current Inventory: 198 active listings. Closings in the past 12 months: 90. List Price to Sale Price percentage ratio: 91%. Average Days On Market: 228.
- Decreasing property values.
- An oil spill which effected 82 of the over 1,200 shoreline in the state of Florida.
- Historically low interest rates.
- Unemployment.
Saturday, August 28, 2010
International Buyers
For additional information about how we can help make your international home buying experience more enjoyable and exciting, please contact us today. We have put together a team of real estate professionals including attorneys, lenders and homewatch services, who are all ready to make this a stress-free experience! 239.370.0574
Thank you and make it a great day,
The Naples Real Estate Blogger
Wednesday, August 25, 2010
Previews Luxury Symposium
- Across the nation, in the $10 million + price range, sales have increased approximately 60% YTD.
- More than half the sales in the state of Florida YTD have been cash transactions.
- Previews sales, defined as closings of listings priced at or above $1 million, in Florida's SW Region, comprised of communities from Sarasota to Marco Island, were up 19.7% YTD
- YTD, the list to sale ratio of Previews properties from the ORIGINAL asking price to the closed sale price was -31%
- The top 1% of the affluent in the USA own 34% of the wealth.
- The top 10% are responsible for 50% of the dollars spent, and 70% of the margins in retail.
- If you earn $100,000 or more, you are in the top 16% in the USA.
- More than 80% of today's affluent were raised in the middle class.
- 84% of today's affluent still describe themselves as "middle class."
- Over 86% of today's affluent begin all their luxury purchases online.
Friday, August 20, 2010
A Few More Recent Stats
- Pending sales up overall 28% in the last 12 months.
- Single family home pending sales are up 71% in the $1-2 million dollar price range in the past 12 months.
- Median closed sale price in the over $2 million price range is up 17% in the past 12 months.
- Single family home inventory dropped 4% from a year ago, and the condo inventory is down 9% as compared to a year ago.
- Condo sales are up 45% overall in the past 12 months.
- The average "Days On The Market" for single family homes listed at or above $2 million dollars was down 33% from July 2009 to July 2010.
- 70% of the closings were cash transactions in July.
For additional information about these figures, please contact Harris & Peppe today. It would be our privilege to assist you in finding your new home in paradise. We hope to hear from you soon, and we look forward to earning your business.
Thank you,
The Naples Real Estate Blogger
239.250.4370
Saturday, August 14, 2010
Plan Ahead!
Friday, August 13, 2010
Naples Beaches Remain Clear
To read the complete article, click Emergency Official No Longer Worried About Oil Spill's Effects Here
Monday, August 9, 2010
Naples Previews Properties
January 1st-August 1st, 2010 there were 441 closed sales of listings priced at or above $1 million.
January 1st-August 1st 2009, there were 295 total closed sales in this price point.
YTD 2010: 268 closed sales were of single family homes, 173 were condos.
Highest closed sale YTD sold for $26 million. This was a single family home on the beach on Gordon Drive.
The highest closed condo sale YTD went for $8.9 million and it was located in Bay Colony.
118 of the 441 total closed sales were built in 2005 or newer.
274 of the 441 closed sales were in the "West of 41" corridor, NA areas along the beach and bay.
Presently there are 1,220 listings in the Naples MLS listed at or above $ 1 million, which equates to approximately a 24 month supply based on the 441 closed sales YTD.
664 active residential listings in the "west of 41" corridor, which equates to approximately a 16 month absorption rate in the $1 million+ price range.
Wednesday, July 21, 2010
Short Sale and Foreclosure Update
Here is some information that I found very interesting:
Saturday, July 17, 2010
Gulf and Radio Waves
Wednesday, July 14, 2010
Cool Things To Do In Naples Florida In The Summer!
Thanks, and make it a GREAT summer!