Wow Wow Wow…….It’s Happening..



Report Shows Mid-priced Market Activity up 55%

Naples, Fla. –   Overall pending home sales and closed home sales have increased five percent each in the 12-months ending February 2012 , according to data from the Naples Area Board of REALTORS® (NABOR®) which tracks home listings and sales within Collier County (excluding Marco Island).

The rise in home sales is a positive sign and increased sales lead to less housing inventory in the Naples area. Overall inventory decreased 17 percent, from 9,213 in February 2011 to 7,888 in February 2012.

“Pricing is extremely important right now. The good news carries through for single family and condos, as less days on the market, coupled with the price increases is leading to less inventory,” said Gerald Murphy, Manager of Caldwell Banker.

“One of the biggest gains is a 55 percent increase in pending sales from February 2011 to February 2012 for Naples area homes priced from $500,000 to $1 million,” stated Phil Wood, President & CEO of John R. Wood Realtors. “In February, homes in that price range took off like rockets.”

The overall market experienced 8,349 closed sales for the 12 months ending February 2012, compared to 7,929 closed sales for the 12-month period ending February 2011, according to NABOR® data.

“Price increases in certain categories of the market and falling inventory sets the stage for increased valuation,” remarked Dr. Shelton Weeks, Director of the Lucas Institute for Real Estate Development & Finance at Florida Gulf Coast University.

NABOR® data shows:

  • Overall pending sales increased 55 percent in the $500,000 to $ 1 million category February 2011 to February 2012
  • Overall closed sales increased 70 percent in the $2 million plus category February 2011 to February 2012
  • Median closed prices overall are up 5 percent from February 2011 to February 2012
  • Overall inventory reduced 17 percent from February 2011 to February 2012
  • Overall average DOM (Days on the Market) decreased 4 percent from February 2011 to February 2012
  • Overall pending sales increased 11 percent in the $300,000 to $500,000 category and 17 percent in the $500,000 to $ 1 million category 12-month ending
  • Closed sales increased 13 percent in the $ 1 million to $2 million category 12-month ending
  • Naples Beach area pending sales increased 17 percent and closed sales increased 20 percent 12-month ending

“The pace of activity continues to rise as inventory lowers,” agreed Coco Waldenmayer, Managing Broker of Engel & Völkers. “Increased sales generally lead to shorter time on the market.”

Adds Steve Barker of Amerivest Realty: “With the reduction in inventory, properties are selling faster. There is a sense of urgency. Inventory is on the decline in the condo market, from 4,930 listings in February 2011 to 4,250 in February 2012.”

“The fact that 855 homes under $300,000 were pending for February 2012 is very promising,” said Ernesto Velasquez of Coldwell Banker.

“The market is on fire,” said Cindy Carroll, Principal of Carroll & Carroll, Inc. “Short sales and foreclosures are virtually disappearing.”

To view the entire report, visit

The Naples Area Board of REALTORS® (NABOR) is an established organization (Chartered 1949) whose members have a positive and progressive impact on the Naples community. NABOR® is a local board of REALTORS® and real estate professionals with a legacy of nearly 60 years serving 4,000 plus member-customers. NABOR is a member of the Florida REALTORS® and the National Association of REALTORS®, which is the largest trade association in the United States with more than 1.3 million members and over 1,400 local boards of REALTORS® nationwide. NABOR® is structured to provide programs and services to its membership through various committees and the NABOR® Board of Directors, all of whose members are non-paid volunteers.

View the February 2012 Statistics

How Low Can You Go!


Buyers hunting for homes in the Naples Real Estate Market this season won’t find as many choices.

The housing inventory has hit a five-year low, according a report released Friday by the Naples Area Board of Realtors. NABOR’s reports track inventory and Realtor-assisted sales made through its multiple listing service, or MLS, in Collier County, excluding Marco Island.

There are now 7,581 Naples Homes and Naples Condos on the market. That’s down by 1,564, or 17 percent, from a year ago, when there were 9,145.

Nationally, home sales in December reached their highest pace in nearly a year. The gain coincided with other signs that the troubled housing market improved at the end of last year.

Local Realtors thought they might see a jump in listings in December, ahead of the busiest months of season. But that didn’t happen.

One of the biggest surprises in 2011 was the jump in Naples Million Dollar sales. In the over $2 million market, sales rose 12 percent over the previous year. There were 223 closed sales, up from 199 in 2010.

Meanwhile, the market saw 370 sales in the $1 million to $2 million market in 2011, up 9 percent from 338 in 2010. Sales in the market rose 38 percent in the fourth quarter of last year, traditionally a slower time for area Realtors. “That’s where the buyers are. These people are still out there looking and they have big checkbooks,” Barker said.

It’s not just us….

It’s not just us saying it….Leading economists are predicting 2012 for recovery!

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”Our state is in a mini-recovery,” said Florida Realtors® Chief Economist Dr. John Tuccillo at the state association’s 2012 Real Estate and Economic Forecast Conference in Orlando. “Sales are trending up, listing inventories are falling, the supply of lender-related properties has stabilized, and we are seeing multiple offers on homes in some local markets.”
You just have to look at the numbers to see what the Naples market is doing.
Closed sales between $2,000,000 and $5,000,000 are up 13% through November and show a 3.7% increase in median price.

In the month of November, the number of pended sales above $500,000 posted a 21% increase over 2010. The price segments of $500,000 – $750,000 
and $1 – $2 million were the most improved, each with a 25% increase over November 2010.

Dr. Lawrence Yun, chief economist for the National Association of Realtors®, said many Florida markets are showing sharp drops in inventories of homes for sale – a sign that demand is picking up and prices are stabilizing. “That’s a major change from just a year ago,” he said. “Buyers have stepped back into the Florida market.”

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Sat On The Fence To Long?????

Going Once Going Twice……

If you have been sitting on the fence waiting for prices to drop……You may want to jump! With only 13 Developer units remaining in the Grande Preserve, Naples isn’t the only place with low inventory. In Naples the overall inventory is down 22% since this time last year.
We saw huge gains this August compared to August 2010 in the $2 million and up category. Closed condo sales in that price range were up 75% compared to last August! In the $1-2 million dollar range pending sales were up 54% and the overall Naples Beach area is up 31% in closed sales this August over last August.
In the Dunes alone there have been 6 new pending sales in the last month! Don’t let another year go by without buying in the Grande Preserve, by then it will be to late! Call the sales office for more information! 239-594-1700

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Naples Real Estate Improves

high-five-0808-lg-76258126 Some More Great News!!!The real estate industry in Collier County has shown signs of stabilizing in the last year, according to a report released by the Naples Area Board of Realtors (NABOR), which tracks home listings and sales within Collier County excluding Marco Island. The July report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges, geographic segmentation and includes an overall market summary. Overall pending sales for the 12 months ending July 2011 increased 3 percent with 10,030 contracts compared with 9,785 contracts for the 12 months ending July 2010. The median closed price for properties over $300,000 increased 2 percent to $550,000 for the 12 months ending July 2011 compared with $540,000 for the same period ending July 2010. According to Brenda Fioretti, NABOR president and managing broker of Prudential Florida Realty, “Inventory continues to drop at a rate of 19 percent for this period and we currently have less than nine months of inventory, which is the lowest we have seen since tracking the available inventory in April 2007.”


The Dunes one of Naples Top Selling Communities!

The Dunes and the Grande Preserve has had 50 sales in the past year with only 15 Developer units still for sale!  Not surprising that new buyers are seeing the true value that the Dunes has to offer.  New buyers desire to live a maintenance free lifestyle in a luxury resort community.  Residents enjoy top amenities, Gulf views, onsite restaurant and T775449667_Vo5fA-Liki bar and are only steps from the beach.  The Grande Preserve owners enjoy a private beach club, concierge service and private elevators open to your spacious unit that includes breath taking views.  With only 15 Developer units remaining including the private beach club memberships, the sales team anticipates being sold out by the end of the year.

July 4th Fireworks!

The rain cleared for a gorgeous night for fireworks!  The annual event hosted by the Floridian Club was amazing as always!  While members and their children waited for the sun to go down, W.L. and his band entertained with great music.  Thanks again to the Florida Club staff for another great night on the beach!

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Naples Beach Market UP!!!!

NAPLES, Fla.-May 13, 2011- Condo pending sales in the Naples Beach area are leading the way according to a report released by the Naples Area Board of REALTORS® (NABOR), “Overall condo pending sales are up 6% The Naples Beach area contributed significantly to the increase with a 43% rise in that area of condo pending sales from April 2010 to April 2011,” stated Kathy Zorn, Broker/Owner of Florida Home Realty. Naples Beach was recently recognized by national media as one of the top five most relaxing beaches in the world. “Overall pending and closed sales in the $2 million and above price range are increasing. Astute buyers recognize that this is a good time to buy in the luxury market,” said Steve Barker, REALTOR® with Amerivest Realty. Pending sales in the $2 million and above price range increased 9% and closed sales increased 35% from April 2010 to April 2011.

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Fundraiser to Benefit American Cancer Society!


The Dunes Community in North Naples “Drink for Cancer” payed off in a big way when Kevin McCune General Manager of the Plantation Club presented a check to the American Cancer Society for $33,644.00. The First annual “celebrity bartender”  fundraiser had all 7 buildings participating in a weekly Happy Hour, with friends and family bar-tending for tips to be donated to the American Cancer Society. The spirited competition between buildings and a substantial donation from Signature Communities the Developer that built The Dunes made the first annual event a huge success.  “These events help unite the entire community at the Dunes and is a real testament to the residents that live here.”

They celebrated this past Monday at the Tiki Bar with representatives Paul Gloerse and Melissa Wolf from the American Cancer Society on hand to personally thank all the participants in helping raise money towards the fight against Cancer.  “ Not only will monies raised support ongoing research efforts, it helps provide valuable services to people who need help. We have volunteers that drive patients to and from chemo treatments, provide wigs and prosthetics to patients and help find support in their area.” said Paul Gloerse from the American Cancer Society.

It was such a huge success the community would like to make it an annual event! The fundraising doesn’t stop there, they are also hosting a tennis tournament to help raise funds to help Japan on April 24th.


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