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April 12, 2012
Posted April 12th, 2012 at 3:43 pm by Michele Harrison
After selecting the new home of your choice with keys in hand, you are ready to begin the process of customizing your home to make it your own. With so many options out there, it’s helpful to gain an insight on what kind of trends you want to incorporate into your new Naples home. So many of your friends and family will want to come visit your beautiful Florida oasis, taking into account comfortable design, elegant style, luxurious material and bright colors will ensure your new home speaks to the paradise surrounding you.
The beauty of living in Florida is that you have the opportunity to embrace the bright, colorful options that can make a home look and feel like an enhancement of the view you see outside your window.
Luxury and bold colors can create a look of absolute comfort that when combined with sun streaming through your open window enhances the feeling of utter paradise experienced by those seeking escape from the cold, harsh, winters of the north. Florida Designer Homes offers luxurious home inspired ideas that also embrace the design that can only be found in our Gulf Coast paradise.
Though the bright and colorful options are excellent for our local coastline views, another top Naples, Florida trend continues to embrace the elegant style of the Mediterranean look. One of the highly sought after looks in our local luxury market, the outdoor views combined with the clean lines and style of the Mediterranean create an ambiance that cannot be found anywhere else on earth. Houzz.com has many different looks and ideas that you can use to help you identify which look suites your new home style.
Many homes in the top Naples Real Estate communities include featured designs with a customization that makes each one unique. With a variety of homes available in Port Royal, Aqualane Shores, near Fifth Avenue South and in Pelican Bay you are sure to find something that will meet your style and feels just right!
I welcome the opportunity to find a home that meets your design style and still feels like your own personal paradise. For more information please contact me.
March 19, 2012
Posted March 19th, 2012 at 11:22 am by Michele Harrison
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.
“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
View the February 2012 Statistics
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.
For more information about real estate available in Naples, please contact me.
March 16, 2012
Posted March 16th, 2012 at 9:34 am by Michele Harrison
Naples boasts a diverse assortment of communities with various amenities and offerings to meet the needs of anyone looking for a retreat – either as a primary or vacation home. Three of my favorite communities that are among the most desired locations and capture the best of Naples’ luxurious lifestyles are Aqualane Shores, Port Royal and the quaint Old Naples.
One of the most luxurious and beautiful areas of Naples is near the Gordon River. The most prominent communities are Aqualane Shores and Port Royal. If you find yourself spellbound by the sight and sound of the gulf, these communities are for you! Imagine a community offering not only an astounding view of sunsets on the Gulf, but also boasting many homes directly on the navigable waterway. Boating and Fishing enthusiasts find easy access to Naples Bay & the Gulf of Mexico. Are lazy days at the beach more your style? With some homes directly on the beach, it’s easy to see why this area is so loved. When it’s time for some night life or a fun filled day of shopping, 3rd Street South delivers with shopping and dining within walking distance.
For those who wish to experience a more luxurious lifestyle, Port Royal is for you. Port Royal is a vision of Florida with the sights and sounds of the gulf, beautiful landscaping, and quiet surroundings it feels like you are on your own island. Plus luxury isn’t far away; the Port Royal Club fulfills the greatest of expectations with fine dining, entertainment, a health spa, and a stunning view of the Gulf. With easy access to both Third Street South and Fifth Avenue South shopping, dining and enrichment activities are available at every turn. Many of our part time residents never need leave this serene environment.
 Aqualane Shores, elegant architecture and gracious living spaces inside and out This exceptional waterfront home has direct Gulf of Mexico access. The main level living includes a gourmet kitchen, family room and dining, marble flooring, custom-crafted cabinetry, master suite, and open patio overlooking the water and pool area. The upper level is designed for guest comfort with a bonus area and 3 bedrooms. The lower living areas include stunning zero edge pool and spa, bonus great room, second kitchen, pool bath, fire-pit and outdoor cooking area. Dock includes space for 60′ boat, in addition to a 16,000 lb lift and space for dinghy. If you would like to hear more, contact me for details.
If you prefer a more active, family and dog friendly environment then Royal Harbor is your dream come true. The homes in Royal Harbor are luxurious and offer direct access to the lulling sounds and inviting sights of Naples Bay, Inland Waterway, and Gulf of Mexico. Add to it the utter joy of laughing children, families gathered together for an outdoor meal and a friendly environment that invites you to come join in and you end up with a stellar combination. Many homes in Royal Harbor offer easy access to Naples Bay right from their own backyard canal. Can’t you just envision a day with the family on the bay followed by an evening under the stars enjoying your outdoor kitchen? Surround yourself with luxury, activity and an environment rich with family friendly activities and you can’t go wrong.
With its quaint old Florida charm Old Naples offers an opportunity to celebrate the history of Naples, while enjoying the modern day amenities that we’ve come to enjoy. Old Naples would be ideal for those who are looking to downsize their home, those taking pleasure in their empty nest or those who celebrate history. Many like the notoriety of living in a vintage home, yet Fifth Avenue South and Third Street South are within walking and bike riding distance and boasting all of the dining and shopping that you could desire. Old Naples’ beautiful palm tree lined streets give you the opportunity to slow down and enjoy all that life has to offer. Old Naples is primarily Downtown Naples near the Naples Pier where beautiful sunsets rule the evening. Each avenue in Old Naples ends at the beach, can you imagine a more relaxing and pleasant sight to enjoy each and every day? Whether you are looking for a homey cottage or expansive mansion you have choices beyond compare in Old Naples.
 Old Naples, newly completed decorator model True Urban Lifestyle and value, and an easy stroll to the beach. Nestled away and offering elegant, privileged Old Naples Beach living at tree top level. Long sweeping southwest views of the Village and Gulf Sunsets and only 3 blocks away – expand this significant residence–14 ft ceilings, clerestory windows, elegant woodwork, creative architectural features and gracious refinements. Spectacular roof top pool and spa just steps away, with private deck and all-day sunshine. Weekly rentals & pets allowed. Only Two Condominiums remain. If you would like to hear more, contact me for details.
For more information about the listings currently available in these communities, or to discuss other prime location and golfing communities in Naples please contact me for more information.
March 9, 2012
Posted March 9th, 2012 at 10:30 am by Michele Harrison
Naples, Florida offers many opportunities to enjoy all that life has to offer, and though I’ve said it many times, seeing it live always adds a dimension that can’t be described in words.
I hope that you enjoyed seeing so many of the opportunities available in Naples. Whether it be shopping, fine dining, gorgeous sunsets, art and cultural, or enjoying the beautiful environment all around, Naples truly is Paradise!
For more information about your new home in paradise, please contact me today!
February 24, 2012
Posted February 24th, 2012 at 1:01 pm by Michele Harrison
Pending home sales of Naples area mid-priced single-family homes and condos (between $300,000 and $ 1 million) surged 29 percent in January 2012, 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).
According to Phil Wood, President & CEO of John R. Wood Realtors, “Pending sales were very strong in January, plus some of the transactions were new development projects.”
Naples Area Board of REALTORS® data shows that the overall market experienced 8,295 closed sales for the 12 months ending January 2012, a 5 percent increase over the 12-month period ending January 2011 (7,879 closed sales). NABOR® data shows:
- Overall pending sales in the $300,000 to $500,000 category increased 34 percent from 115 in January 2011 to 154 in January 2012.
- Closed sales in the $1 million to $2 million category increased 13 percent from 336 to 379 for the 12- month period ending January 2012.
- Inventory dropped 19 percent from 9,388 in January 2011 and remains at a low level with 7,860 available properties in January 2012.
- Average days on the market (DOM) in the $500,000 to $1 million category decreased 10 percent from 213 in January 2011 to 192 in January 2012.
- Overall sales of homes and condos between $1million and $2 million increased 53 percent, January 2012 compared to January 2011.
“The $500,000 to $1 million category has been historically a leading market indicator, and that category experienced a 23 percent rise in pending sales from 100 in January 2011 to 123 in January 2012, a positive sign,” remarked Dr. Shelton Weeks, Director of the Lucas Institute for Real Estate Development & Finance at Florida Gulf Coast University.
Click here to view the January 2012 Statistics
For more information about real estate in Naples, please contact me.
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 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.
Posted February 24th, 2012 at 7:43 am by Michele Harrison
2012 promises to be a great year, not only in my mind but also in the hard numbers found in our Year End Statistical Report and an exciting article regarding Soaring List Prices.
“Median list prices nationwide have risen 4.05 percent on a year-over-year basis, according to November housing data of 146 metro areas from Realtor.com. Fewer cities are reporting year-over-year list price declines, “suggesting a growing optimism on the part of sellers about 2012 market conditions,” according to Realtor.com.” The article goes on to list Naples, Florida as #2 in the rankings! Click here to read the entire article.
On the heels of this newest development, I received word, “The number of new listings placed in inventory declined for the fifth consecutive year. Short sales and foreclosures also continued to drop as a percentage of total inventory, down from 19% in January 2011 to 12% a year later.” Click here to read the entire article.
The bottom of the market appears to have passed and this is great news for sellers. With Naples being in the number two spot in the top 10 Soaring List Prices, we can celebrate a slow but steady increase not only in home sales, but in the Naples market in general. Home sales directly affect all of the other aspects of business that make this a great place to live!
Are you reading this article, wishing that you had moved on something earlier? It’s not too late, though the available inventory is limited, we can work to find you something that you will love. Contact me today to talk about my listings and how we can help you find your dream home in Naples, Fl.
I’m looking forward to what the rest of 2012 will bring!
For more information about real estate in Naples, please contact me.
November 28, 2011
Posted November 28th, 2011 at 5:51 pm by Michele Harrison
Naples Area Real Estate Transactions Released
Real estate sales activity continues to increase with single-family home sales and the Naples Beach area is leading the way 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).
For the 12 months ending September 2011, all Naples geographic areas showed an increase in pending sales compared to the same 12 months in 2010. Properties in the Naples Beach area remain in the highest demand with 1,776 contracts for the 12 months ending September 2011 compared to 1,471 contracts for the 12 months ending September 2010.
The third quarter 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:
* For the 12 months ending September 2011 overall pending sales increased 11 percent with 10,036 contracts compared to 9,026 contracts for the 12 months ending September 2010.
* Condo sales increased 7 percent with 807 sales in the third quarter of 2011 compared to 752 sales in the third quarter of 2010.
* The available inventory decreased 20 percent to 7,069 available properties in the third quarter of 2011 down from 8,800 available properties in the third quarter of 2010.
“Traditional sales represent 60 percent of the sales activity in the Naples area. Foreclosure sales remain low and the number of short sale closings are increasing, this is a sign that banks are willing to work with homeowners,” said Brenda Fioretti, NABOR President and Managing Broker of Prudential Florida Realty.
The report also provides a comparison of results for September 2011 to the same month, 2010, including 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 home sales in the $300,000 to $500,000 price category increased 27 percent with 70 sales in September 2011 compared to 55 sales in September 2010.
* Single-family pending sales in the Naples Beach area increased 15 percent for the 12 months ending September 2011 with 714 contracts compared to 621 contracts for the 12 months ending September 2010.
* Condo sales in Naples saw a 6 percent increase for the 12 months ending September 2011 with 4,192 sales compared to 3,966 sales for the 12 months ending September 2010.
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 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 3rd Quarter 2011 Market Statistics
View the September 2011 Market Statistics
For more information please visit my website.
February 25, 2011
Posted February 25th, 2011 at 7:17 pm by Michele Harrison
January turned out to be another strong month for our real estate market, and signs are trending even more positive for the year ahead. The recently released NABOR report, which some of you may have seen if you get my email updates, shows very positive signs throughout the market. For example, it states that we had a 36 percent increase in pending sales year over year.
Along with overall market statistics, the report also included a comment made by Professor and Director of the Lucas Institute for Real Estate Development & Finance at Gulf Coast University, Dr. Shelton Weeks, which I found quite interesting. He said, “It looks like you are experiencing the wealth effect. Buyers are looking at their portfolios and feel wealthier than last year. They feel more confident which increases the probability that they will buy a home right now.” I felt like this was a very insightful comment in that it pairs together economics with human nature. When the two are together in positive harmony it causes a reaction that will benefit our area greatly…and I am happy that we are finally getting to this point!
To read the full report that was released, click here.
To view detailed statistics that the report refers to, click here.
January 24, 2011
Posted January 24th, 2011 at 3:14 pm by Michele Harrison
For those of you that don’t receive my emails, I sent out the annual real estate market numbers last week. Upon closing out 2010, we have had another year of decreased inventories helping us to make further steps towards balance in the market for Collier County and the SWFL Region.
Overall, we had increased pending and closed sales, declining inventories and increases in median closed prices. A few key excerpts from the release include:
- “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.”
- “The median closed price increased 1 percent overall to $180,000 up from $179,000 in 2009. For properties over $300,000, the median closed price increased 4 percent to $544,000 up from $525,000 in 2009.”
All in all we are on the right path to a balanced market. As long as we keep on this track, we’ll reach the stability we all want for our region.
Let’s keep it coming in 2011!!!
To view the official NABOR release click here.
To view the 2010 Annual statistics click here.
To view Fourth Quarter statistics click here.
To view December statistics click here.
Categories: 55+ Living, Naples Home Market
Tags: 2010, 2011, Annual market statistics, balanced market, closed sales, Collier County, condo sales, declining inventories, median closed prices, pending sales, single-family home sales, SWFL —
December 6, 2010
Posted December 6th, 2010 at 11:31 am by Michele Harrison
As I stated in the Naples Area Board of REALTORS® (NABOR) market release last week, we have seen how the third quarter sales were impacted by the end of the home-buyer tax credit and the news of the oil spill, but we are now seeing resurgence in the marketplace. The pending sales activity that was missing during the summer is back.
According to the aggregated report,
- “Overall closed sales for the 12 months ending October 2010 increased 19 percent with 7,912 sales compared to 6,645 sales for the 12 months ending October 2009.”
- “Single-family pending sales increased 20 percent with 436 contracts in October 2010 compared to 363 contracts in October 2009. Single-family pending sales in the $1 to $2 million category increased 54 percent for the 12 months ending October 2010 with 263 contracts compared to 171 contracts for the 12 months ending October 2009.”
- “Condo pending sales increased 6 percent in October 2010 with 345 contracts compared to 326 contracts in October 2009.”
- “Condo closed sales increased 31 percent with 3,897 contracts for the 12 months ending October 2010 compared to 2,964 contracts for the same 12 months last year.”
Overall, pending sales are up, inventory is down and median close pricing is stabilizing!
The entire release can be found at http://www.naplesarea.com/news/Friday-November-19-2010_106.html.
The detailed statistics can be found at http://www.naplesarea.com/documents/Statistics_2010_November_(october_2010_)_Report_Shows_Pending_Sales_Up,_Inventory_Down._Median_Price_Stabilizing.pdf
Categories: Naples Home Market
Tags: 2010, closed sales, condo closed sales, condo pending sales, homebuyer tax credit, median closed price, NABOR, Naples Area Board of REALTORS, October, pending sales, single-family pending sales —
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