Benefit to Help The American Cancer Society

IMG_1548Hopeful to be an annual event the “Celebrity Bartender” Happy Hour to benefit the American Cancer Society was a tremendous success! Each building entered into some friendly competition to see who could raise the most money. Everyone certainly was up for the task with the total amount to be announced on April 18th. The commitment and hard work certainly showcased what an incredible community we have at the Dunes. Be on hand when the Dunes presents the “Big” check to The American Cancer Society! Each building’s totals are posted at the Tiki Bar, but we know the big winner is The American Cancer Society!

Here are some pictures from Building 6 and 7th’s event this past Saturday! Jello shots anyone?
To View More Pictures

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High Five to February

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HOME SALE PRICES UP 10%!

Report Shows Inventory Declines: 

 

 

NAPLES, Fla.-March 18, 2011- The median closed price for single-family homes continues to rise with February statistics showing a 10% year-over-year gain. 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), lower inventory is driving price increases and key indicators show the market firming up. 

 

Condo pending sales increased 17% with 635 contracts in February 2011 compared to 544 contracts in February 2010. 

 

 For the 12 months ending February 2011 overall closed sales in the $1 million to $2 million price category increased 29% with 338 sales compared to 262 sales for the 12 months ending in February 2010. 

 

Overall pending sales increased 9% with 1,223 contracts in February 2011 compared to 1,122 contracts in February 2010. 

 

Condo closed sales increased 10% with 3,885 sales for the 12 months ending February 2011 compared to 3,535 sales for the 12 months ending February 2010. 

 

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It’s not just the weather that is HOT!!!!!

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The Grande Preserve at The Dunes has started 2011 with a bang! We have 3 new contracts and working on some more! And that is just in the first 6 weeks of 2011!!! With the harsh reality of winter up North and near record breaking temps in Naples, a condo on the water with a beach club is exactly what people need! Not only has traffic picked up at The Grande Preserve but in Naples as a whole! “We’ve outperformed January 2010 by 85%,” says Judy Green, chief executive officer of Premier Sotheby’s International Realty in Naples. “It’s almost as if someone just turned on a faucet and the people are out there. They’re making deals.” According to Florida Realtors, sales were up statewide in 2010 by 29% for condominiums. Here are some great articles that talk about the current conditions in the Naples Real Estate Market.

Cnn Money- Buying a second home

Wall Street Journal- Why 2011 may be the end of the housing crash!

Boston Globe-Prime time to buy property in Florida

Don’t miss the best time to buy with only a few remaining units! Dunes Naples

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The Stats tells the story!

Buyers wondering if the sales at the dunes are going up, here is the latest statistics that show the story!

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The Closed Sales at the Dunes in 2005 was 47. In 2006 there were 18 closed sales, jump to 2009 again 18 and then 2010 there were 42 closings, almost the same number as the record high in 2005!

Now lets look at the average closed price in the same time frame. In 2005 the average closed sale price was $1,020,380. In 2009 the Average closed sale price was $759,388 in 2010 The Average Sale price at the Dunes was $821,000.! EVERYTHING IS GOING UP. Don’t miss your chance

2010 Sales up 10% from 2009

Turning Point in Naples Real Estate


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NAPLES, Fla.-January 14, 2011- The year 2010 has shown healthy housing market gains in the Naples area according to the Naples Area Board of REALTORS® (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island).


The annual statistics compiled by NABOR show increases in overall pending and closed sales, inventory declining and an increase in the median closed price.


“2010 was a strong year despite the unprecedented challenges we faced. The news of the oil spill in the Gulf, the bank freeze on foreclosed homes and the end of the homebuyer tax credit left many sitting on the fence due to uncertainty. In the face of those challenges, the market showed great resilience,” said Mike Hughes, Vice-President of Downing-Frye Realty.


Overall closed sales increased 10 percent to 7,840 sales in 2010 compared to 7,126 sales in 2009. “Closed sales in 2010 showed double-digit increases over the 2009 figures in every price category above $300,000,” said Jo Carter, President of Jo Carter & Associates.


According to NABOR President and Managing Broker of Prudential Florida Realty, Brenda Fioretti, The most improved segment of our market is the $1 million and above price category. In the $1 million to $2 million price segment, pending sales increased 29 percent and closed sales increased 33 percent.”


The report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges, geographic segmentation and includes an overall market summary. The statistics are presented in chart format, along with the following analysis:


Overall pending sales increased 4 percent with 9,318 contracts in 2010 compared to 8,933 contracts in 2009.

Single-family home sales increased 3 percent to 3,959 sales in 2010 compared to 3,847 sales in 2009.

Condo sales increased 18 percent to 3,881 sales in 2010 compared to 3,270 sales in 2009.

Home sales grew steadily in 2010 resulting in a decline in the months of inventory. “The level of housing inventory has decreased for the fourth consecutive year. This is helping to bring the market back into balance,” said Steve Barker, Managing Broker of Amerivest Realty.

Nabor Press Release!

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Have it all…..

The Grande Preserve is having a “superbowl” sale event! From now until February 6th you get Flooring-Paint-HOA dues and Beach Club all included how much more of an incentive do you need! They only have a few developer units left and by this time next year, they will be gone!

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Look what Santa Delivered!

A New Model at the Grande Preserve at the Dunes!
To see more pictures of the Model Click HERE

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Sotheby’s partners with Premier!

The Grande Preserve is represented by Premier Properties and now Sotheby’s!
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Sotheby’s International Realty Affiliates LLC today announced that Premier Properties of Southwest Florida, Inc., in Naples, Fla., has joined its luxury real estate network and now will do business as Premier Sotheby’s International Realty. Premier Sotheby’s International Realty will continue to be a wholly owned subsidiary of The Lutgert Companies, with Scott F. Lutgert as chairman.

“It has been our long-held objective to bring the Sotheby’s International Realty brand’s services to Naples,” said Michael R. Good, chief executive officer, Sotheby’s International Realty Affiliates LLC. “Our goal was to find the ideal company to represent us in this critically important luxury real estate market, and I believe we have done that. Our worldwide network of affiliates now can benefit from this additional valuable source of referrals, and consumers in this market now will have access to our global reach.”

Premier Sotheby’s International Realty and its team of 225 professionals join the Sotheby’s International Realty network’s more than 11,000 sales associates located in approximately 500 offices in 42 countries and territories worldwide.

“This is a long-term strategic move and will serve to solidify our corporate footprint and reach,” said Lutgert. “We’re extremely proud of the reputation for excellence that we’ve created, and we look forward to our new affiliation with the Sotheby’s International Realty brand. In addition to extending our immediate geographic reach, this affiliation will enhance our ability to serve our luxury clients and is a major milestone for The Lutgert Companies.”

In a related transaction, Premier Properties of Southwest Florida also has entered into an agreement to acquire a majority interest in Signature Sotheby’s International Realty, effective Nov. 15. The firm will continue to operate as Signature Sotheby’s International Realty in Sarasota and Manatee Counties under the leadership of Judy Green, its current president and chief executive officer, who will now serve in a dual role as president and chief executive officer for Premier Sotheby’s International Realty.

According to Green, the Signature Sotheby’s International Realty team looks forward to joining forces with the Premier Properties organization and the Lutgert family. “This is a story of two luxury real estate leaders bringing together their complementary strengths,” said Green. “The result, we believe, will be a new energy within our company and an increasing competitive advantage in the Naples and Sarasota markets combined as we look to the future. In our new organizational structure, Premier Sotheby’s International Realty and Signature Sotheby’s International Realty will enjoy the No. 1 market share position for transactions more than $1 million in southwest Florida from Longboat Key to Marco Island.”

Premier Sotheby’s International Realty and Signature Sotheby’s International Realty listings will be marketed on the www.sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firms’ brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.

About Sotheby’s International Realty Affiliates LLC Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com .

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The Dunes Market Stats!

775448423_YEUZS-LWhile home buying activity is cooling in other parts of the country, luxury-home sales in Naples are picking up! Statistics show the higher end market has stabilized.

For the condo market in the Naples area above $500,000 closed sales rose 28% over this time last year! The inventory in the same price range has gone down 20% over this time last year! Median home price is up 16% from September 2010 over September 2009!

The Dunes out performed the overall market! Sales are up 117% over last year! The Grande Preserve sales are up 284% over last year!

October 2008-2009

Total sales 17 closed 6 were in the Grande Preserve.

Closed sales ranged from $400,000-$1,333,000.

Total $11,589,000 sold that year

October 2009-2010

Total sales 37 closed 23 were in the Grande Preserve

Closed sales ranged from $475,000-$1,750,000.

Total sold so far this year…..$30,364,500.

Don’t miss out on the few remaining Developer Units! Private Beach Club Membership included with all Developer Sales

Call the Sales office today!

239-594-1700

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Naples Market Update

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The Naples area housing market shows stability despite the challenges we faced this summer.   The inventory is at a historical low as we enter season. Available inventory decreased 4% to 8,800 properties in the third quarter of 2010 compared to 9209 in the third quarter of 2009.  According to NABOR (Naples Area Board of Realtors) pending sales increased by 20 percent ending September 2010! Closed sales of condo’s increased 45% from 3996 to 2749 in the 12 months ending September 2009, and the medium home price in the Naples Beach area rose 14% over September of last year.  All indications point to a stabilizing of the market, especially in the higher end.

Are you going to miss the market?

The Naples area housing market shows stability despite the challenges we faced this summer.   The inventory is at a historical low as we enter season. Available inventory decreased 4% to 8,800 properties in the third quarter of 2010 compared to 9209 in the third quarter of 2009.  According to NABOR (Naples Area Board of Realtors) pending sales increased by 20 percent ending September 2010! Closed sales of condo’s increased 45% from 3996 to 2749 in the 12 months ending September 2009, and the medium home price in the Naples Beach area rose 14% over September of last year.  All indications point to a stabilizing of the market, especially in the higher end.

Are you going to miss the market?

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