Let's Talk Hot Off the Press... 

Decade Ends with Strongest Year in Home Sales!

Naples, Fla. (January 17, 2020) - According to the 2019 Year End Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), existing home sales through December 2019 are the highest in a decade.Overall closed sales in 2019 increased 5.6 percent to 10,244 closed sales compared to 9,704 closed sales in 2018. In comparison, the only other year that came close to reaching this stellar sales activity was 2015, which had 10,154 closed sales. Overall pending sales in 2019 also broke a record during the last decade; resulting in 12,604 total pending sales, a 9.4 percent increase over 2018, which reported 11,520 pending sales.  The 2019 Year End Market Report showed closed sales in 2019 increased in all but the $2 million and above price category, which had a 4 percent decrease to 523 closed sales compared to 544 closed sales in 2018. Of those in this price category, 376 were for single-family homes, and according to Wes Kunkle, President and Managing Broker at Kunkle International Realty. "The MLS further revealed that 14 single-family homes priced above $4 million closed in December 2019 compared to just 7 in 2018." Condominium closed sales held steady with a 1.9 percent increase in 2019 to 5,085 compared to 4,990 in 2018, but broker analysts reviewing the year-end report anticipate closed sales of condominiums in January will be much higher, especially since pending sales for condominiums increased 28.8 percent in December. A breakdown of December's closed sales by area showed Naples Beach reported the highest increase in closed sales during December with a 59.1 percent increase to 140 closed sales compared to 88 closed sales in December 2018. Closed sales by zip code revealed 34113 and 34108 commanded impressive increases, 62.3 percent and 61.5 percent, respectively, in December 2019 compared to December 2018."Growth in the eastern part of the county, including the addition of many desirable amenities like restaurants, retail shopping centers, banking, and personal care, is redefining what is a desirable 'location' for Collier County," said Coco Amar, VP, Strategic Growth, South Florida, William Raveis Real Estate. "West of 41 was a location high point for many years, but I think buyers are finding beach proximity is less important than the lifestyle offered in and around new communities now."While inventory fell 21 percent in 2019 to 5,401 properties compared to 6,801 properties in 2018, the Collier County market is still commanding a much higher supply than the state's average levels (as reported by Florida Realtors®). As such, the Market Report showed Collier County enjoyed 6.2 months of supply in the single-family home market during December, while the state reported 3.6 months of supply for the month. Likewise, the report showed 6.4 months of supply in the condominium market for December compared to 5.5 months of supply statewide.Interestingly, inventory levels dropped in all price categories except in the $2 million and above condominium market, which reported a 16.3 percent increase in inventory during December. Broker analysts reviewing the Market Report agree that "the sales environment today is much different than it was in 2005 - when we also had low inventory and high sales. Back then, you might see the same home for sale multiple times [flipping] during the year. But it's a different market today. Last year we had a rolling inventory; we're not selling the same properties, there are fresh new listings every month."The NABOR® YE 2019 Market Reports provide comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. NABOR® sales statistics are presented in chart format, including these overall (single-family and condominium) findings:

If you are interested in receiving the full 

detailed Market Report please send me an 

e-mail so that we can get it out to you!

View the December 2019 Market Statistics

View the Year End 2019 Market Statistics

Michelle J. DeNomme, REALTOR, GRI

Cellular Phone I  239.404.7787

E-Mail : Michelle@NaplesHomeSweetHome.com

Berkshire Hathaway HomeServices Florida Realty

Office: 239.659.2400

E-Fax Number: 239.236.5550

Website: www.NaplesHomeSweetHome.com 

Blog Page:   http://michelledenomme.blogspot.com 

Twitter: DeNommeRealtor

Homesnap: http://www.homesnap.com/Michelle-DeNomme 

Office Address: 621 Fifth Avenue South Naples, Florida 34102

Member Naples Board Of REALTORS 
Member Florida REALTORS 
Member National Association Of REALTORS 
Graduate REALTOR Institute (GRI)

Graduate (C2EX) NAR Commitment To Excellence

Let's Talk 

Open House This Weekend Sunday, January 19th 

from 1:00 to 4:00PM

Open House Locations In Naples...

Wilderness Country Club, 105 Clubhouse Drive Unit D-156

and

Willoughby Pines, 72 Heritage Way

See you there!

Contact Me Today About The Best Opportunities That Naples Has To Offer...

It Must Be… Naples!

It Must Be… Logan Woods
and Wilderness Country Club!

It Must Be… 5160 Sycamore Drive
and 105 Clubhouse Drive, Unit 156 

Let's Talk... Logan Woods!

Open House... Today Sunday, January 12th 
                          From 12:00 to 3:00PM

Now offering at $649,000

• Single Family Home
•  4 Bed,  4 Bath,  Overall Square Footage of 4,482 and Under Air of 3,270
• Be sure to check out all the details on our Matrix Listing and the attachments. 

Come and Stroll Down Sycamore Drive in Logan Woods as you will become captivated by the quiet peaceful tranquility that this lovely area of Collier County has to offer. Once you arrive at the entry to 5160 Sycamore Drive you will be pleasantly surprised as this single-family home has quit a setback
situated on 1.14 acres.

This wonderful Single Family home features One Master Suite with expansive master sitting area to relax your days and nights away. There are 3 additional Bedrooms and 3 Full Bathrooms. Just think
about the endless possibilities when entertaining with family and friends in the open concept floor plan with expansive galley kitchen with breakfast dining area. Most of the time we never have enough storage
or cabinet space… well you will now! The Laundry Room is accessible off the kitchen and entering thru the garage.

This property is being offered AS-IS Single Family Home original year built in 1981 and then the expansive addition with updates in 2002 with a total sq. ft. of 3,270 under air and over all Sq. ft. of 4,482. Being Offered AS-IS. Let’s Talk today about your opportunity before it’s Sold!

Let's Talk... Wilderness Country Club!

Now offering at $223,000

Open House Sunday, January 19th
                      From 1:00PM to 4:00PM

...Best Priced Renovated First Floor Unit!

• 1st Floor Condominium Home with Spectacular View
• 2 Bed,  2 Bath,  Overall Square Footage of 1,846
• Private Golf Cart Garage with Golf Cart and Additional Storage Area
• Furniture Is Negotiable
• The Wilderness CC & Audubon Cooperative Sanctuary
• Be sure to check out all the details on our Matrix Listing and the attachments. 

Let's Talk... Wilderness Country Club!

Let's Talk about your opportunity today! Best Priced and Newly Renovated!!! Now You can make 105 Clubhouse Drive at The Wilderness Country Club and Audubon Cooperative Sanctuary your next Home Sweet Home! Nestled with in the lush landscape of this beautifully maintained development you will find that this Condominium offers you private Golf Cart Garage with Golf Cart. 

Located on the 1st Floor in D Building is magnificently situated with expansive views of the Golf Course from your private first floor lanai and Florida room. Talk about Move In Ready! 

Don't miss this marvelous 2 Bedroom and Two Bath unit of overall sq. ft. of 1,846. Renovations featuring New Flooring, Kitchen renovation, Light fixtures, Painting and so much more! 

WCC Golf Membership is required at $65,000. Splendid views encapsulate you as you enjoy stepping out for a glorious stroll over to your very own community pool and Grill area. As an owner you can start your day at the Wilderness Country Club with Lunch before a round of Golf or perhaps a game of tennis or possibly it's your day to sit back and simply enjoy the tranquility poolside! 

Let's Talk today about Your Move!

Let's Talk Hot Off The Press...

Buyers are Back... 

Homes Under Contract Soar 24% in October

Naples, Fla. (November 22, 2019) - As predicted by a group of Naples real estate brokers, buyer activity began to rise in October with a remarkable 23.7 percent increase in overall pending sales (homes under contract) to 987 pending sales during October 2019 compared to 798 pending sales in October 2018. Sellers also felt a surge in showings (up 40 percent compared to October 2018), and the number of price reductions slowed to just 15 percent of the properties available in October's overall inventory compared to September, which saw 26 percent of its inventory's prices reduced. Price reduction activity is an important behavior for buyers to watch as it is an indication of how eager sellers are to sell.

Closed sales during October increased 9.7 percent to 758 closed sales compared to 689 closed sales in October 2018, according to the October 2019 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). 

 Closed sales during October increased 9.7 percent to 758 closed sales compared to 689 closed sales in October 2018, according to the October 2019 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). 

"These pre-season pending sales numbers are setting us up to have a good winter sales season," said Dominic Pallini, Broker at Vanderbilt Realty. "Inventory is also going up yet prices have been holding steady."

Even though October's overall inventory decreased 17.7 percent to 5,351 homes for sale from 6,500 homes for sale in October 2018, there were actually 362 more homes that came onto the market in October compared to September. According to Pallini, a fair amount of the new inventory is in the new construction market where builders are pricing homes aggressively and offering sweeteners to agents and buyers via incentives.

"A large majority of the new construction over the last year appears to be in the market's "sweet spot", which is the category of homes priced below $500,000," said Jeff Jones, Broker at Keller Williams Naples. "This influx of new construction is probably why the median closed price in that price range hasn't shifted much."

According to Tom Bringardner, Jr., President/CEO of Premier Commercial, "median closed prices in the upper end of the market [homes priced at $2 million and above] rose 8 percent" in October 2019 to $3,200,000 from $2,962,500 in October 2018. However, when 57 percent of the market's available inventory are homes priced under $500,000, and the majority of new listings every month are also in this range, it's easy to understand how the overall median closed price reported for the entire market appears to be decreasing. 

The overall median closed price decreased 3 percent in October to $329,950 from $340,000 in October 2018. But it's important to remember that there are also three times as many properties for sale under $300,000 than properties for sale over $2 million in Naples.

"Inventory has kept prices attractive which drives demand," said Budge Huskey, President, Premier Sotheby's International Realty. "The under $500,000 market is driving our overall market today. This is naturally bringing the median closed price down."

The NABOR® October 2019 Market Reports provide comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. NABOR® sales statistics are presented in chart format, including these overall (single-family and condominium) findings:

For the full detailed report please send me your request... Michelle@NaplesHomeSweetHome.com As always if you have any questions please feel free to reach out to me by e-mail at Michelle@NaplesHomeSweetHome.com or by calling 239.404.7787. I have sent along the link below with the entire market Stats for October. View the October 2019 Market Statistics I hope you have a fantastic weekend. Michelle Michelle J. DeNomme, REALTOR, GRI  Berkshire Hathaway HomeServices Florida Realty Naples, Florida

Let's Talk Donna's Tidbits...

dinner at LaBagette, and lots of fun and music! This is the first of its kind in Collier County, so you won’t want to miss it and the opportunity to support the Friends of Collier Museums.

Our next tour is coming up shortly at the REVS Institute (you might remember reading about them in the newspaper here and there). They feature marvelous historic automobiles, many are one of a kind! It’s a fantastic tour which will be held on December 6th from 10:30 am to 12:30 pm. The men especially won’t want to miss this tour. We’ve offered it a few times but were always “sold out” quickly and we promised to plan another tour again, so here it is. Most of these automobiles were owned, raced or purchased by the Collier family – great racing enthusiasts themselves and also part of our local history. I won’t be writing about this tour in the newspaper, so please send an email to Mike at Michael.Brownlee@CollierCountyFL.gov if you wish to join us (limit two per person).

The opportunity will be gobbled up quickly. We will meet at the museum. If you have problems walking or standing, it might be a little difficult unless you have a walker or cane. There is plenty of walking, lots of reading, lots of marvelous information from the docents, and some stairs but also an elevator.
---
And don’t forget to buy a ticket online, or
even buy one at the door, for the Woodstock Event this Saturday Night at the Collier Museum at the Government Center at US 41E and Airport Road.

Commissioner Fiala’s Contact Information:
By Mail:
COMMISSIONER DONNA FIALA 3299 TAMIAMI TRAIL EAST #303 NAPLES, FL 34112
By Phone: (239) 252-8601
By Email: Donna.Fiala@CollierCountyFL.Gov
To subscribe, http://DonnasTidbits.com

Let's Talk... Open House Today!

It Must Be… Everything that your looking for in Naples! Open House Today Sunday, November 10th from 1 to 4PM Where you might wonder... Naples Best kept Secret... Wilderness Country Club Come and see for your self... Now offering...Best Priced Renovated First Floor Unit! Offered at $223,000.  1st Floor Condominium Home with Spectacular View 2 Bed,  2 Bath,  Overall Square Footage of 1,846 Private Golf Cart Garage with Golf Cart and Additional Storage Area Furniture Is Negotiable The Wilderness CC & Audubon Cooperative Sanctuary Be sure to check out all the details on our Matrix Listing and the attachments.

Night Lights in the Garden

November 29–December 23, 26–30, 2019 & January 1–5, 20206–9pm each evening...

What better way to celebrate winter in the tropics than with an annual lighted extravaganza awash in color?  Stroll through the Garden and marvel at the beauty of our collections illuminated in thousands of lights. Soak up the spirit of the season with family, friends, and loved ones as you sample specialty menu items from the Garden’s own Fogg Café and sip on a signature cocktail in celebration of this special time of year. Make a wish on a Wishing Tree or hum along to live music every evening, including performances from Opera Naples Youth Chorus, Naples Ballet, a selection of talented artists from Artis—Naples, and more. Night Lights Tickets On Sale Now! Celebrating 10 Years Aglow ...

Marvel at the beauty of our collections lit up in thousands  of lights as you delight in winter in the tropics! Soak up the  spirit of the season with family, friends, and loved ones as  you stroll through the Garden.  Hum along to live music and performances every evening,  sample specialty menu items from the Garden’s own  Fogg Café, and sip on a signature cocktail in celebration  of this special time of year. Tickets are date and time specific.  Purchase yours in advance; sellout likely!

Ticket Pricing Night Lights Runs 6 – 9pm Each Evening November 29 – December 15 Ticket Prices Adults: $12 Members / $25 Non-Members Children (4 – 14): $6 Members / $12 Non-Members Children (3 and under): Free, ticket required December 16 – January 5 Ticket Prices Adults: $15 Members / $30 Non-Members Children (4 – 14): $7 Members / $15 Non-Members Children (3 and under): Free, ticket required

Night Lights Details & Ticket Sales