NAPLES, FLORIDA GULF SHORE BOULEVARD MARKET REPORT THIRD QUARTER 2020
Gulf Shore Boulevard, Naples - Beachfront MARKET REPORT - Q3 2020 Data Represented on 12-Month Rolling Basis.
BEACHFRONT 2014
2015
2016
2017
2018
2019
2020
Listed
271
224
272
264
280
308
280
Sold
220
196
161
175
167
186
178
$1,250,698
$1,511,048
$1,549,986
$1,514,719
$1,455,750
$1,659,878
$1,780,036
Avg. Sale $
$
SOLD NEW LISTINGS
AVERAGE SALES PRICE
CLOSED SALES
280
178
9.09%
4.30%
12 MONTH NEW LISTING AND CLOSED SALES - BEACHFRONT $2,000,000
300
$1,750,000
200
$1,500,000
100
$1,250,000
2014
2015
2016
New Listings
2017
2018
2019 2020
MONTHS OF SUPPLY
101
6.81
12 MONTH AVERAGE SALES PRICE - BEACHFRONT
400
0
CURRENT INVENTORY
$1,780,036 7.24%
$1,000,000
2014
Closed Sales
2015
2016
2017
2018
2019 2020
Average Sales Price
SUMMARY With 178 properties sold, sales were down 4.3% from the preceding 12-month period when 186 properties were sold. New listings were down 9.1%, from 308 to 280. The average sales price, at $1,780,036 was up 7.2% from $1,659,878. As of September 30, inventory stood at 101 units while months of supply was 6.81 months.
John R. Wood Properties, Bring Your Highest Expectations.
2
“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2020, and the proprietary compilation of that data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data.” Statistics include condominium units in buildings on the Gulf side of Gulf Shore Boulevard in the Naples neighborhoods of Park Shore, The Moorings, and Coquina Sands
Gulf Shore Boulevard, Naples - Bayfront MARKET REPORT - Q3 2020 Data Represented on 12-Month Rolling Basis.
BAYFRONT 2014
2015
2016
2017
2018
2019
2020
Listed
81
89
117
91
91
103
108
Sold
66
87
65
69
57
63
51
$518,445
$526,910
$585,620
$629,419
$650,705
$656,056
$578,415
Avg. Sale $
$
SOLD NEW LISTINGS
AVERAGE SALES PRICE
CLOSED SALES
108
51
4.85%
CURRENT INVENTORY
$578,415 11.83%
19.05%
12 MONTH NEW LISTING AND CLOSED SALES - BAYFRONT 125
MONTHS OF SUPPLY
36
8.47
12 MONTH AVERAGE SALES PRICE - BAYFRONT $700,000
100
$600,000
75 $500,000
50 $400,000
25 0
2014
2015
2016
New Listings
2017
2018
2019 2020
$300,000
2014
Closed Sales
2015
2016
2017
2018
2019 2020
Average Sales Price
SUMMARY With 51 properties sold, sales were down 19% from the preceding 12-month period when 63 properties were sold. New listings were up 4.9%, from 103 to 108. The average sales price, at $578,415 was down 11.8% from $656,056. As of September 30, 2020, inventory stood at 36 units while months of supply was 8.47 months.
John R. Wood Properties, Bring Your Highest Expectations. “The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2020, and the proprietary compilation of that data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data.” Statistics include condominium units in buildings on the Bay side of Gulf Shore Boulevard in the Naples neighborhoods of Park Shore, The Moorings, and Coquina Sands.
3
Bring Your Highest Expectations ™
JRW #1 AGAIN in 2019 2019 CLOSED SALES VOLUME of the top brokerage firms in Southwest Florida
OUR SALES SPEAK VOLUMES
000 $2.4B
000
$2.2B
$1.7B
000
$1.3B
000
$955.90M
$892.24M
$798.22M
000 John R. Wood Properties Premier /Sotheby’s
0
Premiere Plus Realty Downing-Frye Realty, Inc. Coldwell Banker
William Raveis - Florida
MVP Realty
$634.78M
$631.74M
Berkshire Hathaway
Royal Shell
JRW' Premier/Sotheby's Premiere Plus Realty Coldwell William Banker Inc. Ravis MVP Florida Berkshire Realty Hathoway Royal Shell JohnDowning-Frye R. Wood Properties isRealty, the leading broker in Southwest Florida
FOR THE FIFTH CONSECUTIVE YEAR! “The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2020 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed.” Data is MLS closed sales volume for Collier and Lee County, for 1/1/19 through 12/31/19. 4