Gulf Shore Boulevard Report – Q1 2021

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NAPLES, FLORIDA GULF SHORE BOULEVARD MARKET REPORT FIRST QUARTER 2021


Gulf Shore Boulevard, Naples - Beachfront MARKET REPORT - Q1 2021 Data Represented on 12-Month Rolling Basis.

BEACHFRONT 2015

2016

2017

2018

2019

2020

2021

Listed

223

262

283

257

302

270

270

Sold

215

188

162

176

177

197

245

$1,423,811

$1,574,661

$1,501,613

$1,481,981

$1,507,706

$1,780,019

$1,768,898

Avg. Sale $

$

SOLD

AVERAGE SALES PRICE

CLOSED SALES

NEW LISTINGS

245 24.37%

270

unchanged

$1,768,898 0.62%

12 MONTH NEW LISTING AND CLOSED SALES - BEACHFRONT $2,000,000

300

$1,750,000

200

$1,500,000

100

$1,250,000

2015

2016

2017

New Listings

2018

2019 2020 2021

MONTHS OF SUPPLY

36 70.73%

1.76 76.47%

12 MONTH AVERAGE SALES PRICE - BEACHFRONT

400

0

CURRENT INVENTORY

$1,000,000

2014

Closed Sales

2015

2016

2017

2018

2019 2020

Average Sales Price

SUMMARY With 245 properties sold, sales were up 24.37% from the preceding 12-month period when 197 properties were sold. New listings were unchanged at 270. The average sales price, at $1,768,898 was down .62% from $1,780,019. As of March 31, 2021, inventory stood at 36 units while months of supply was 1.76 months.

John R. Wood Properties, Bring Your Highest Expectations.

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“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2021, 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 - Q1 2021 Data Represented on 12-Month Rolling Basis.

BAYFRONT 2015

2016

2017

2018

2019

2020

2021

Listed

87

103

98

96

102

97

111

Sold

71

75

74

54

50

69

89

$508,085

$569,203

$608,820

$619,728

$622,846

$668,404

$644,556

Avg. Sale $

$

SOLD NEW LISTINGS

AVERAGE SALES PRICE

CLOSED SALES

111 14.43%

89 28.99%

CURRENT INVENTORY

$644,556 3.57%

12 MONTH NEW LISTING AND CLOSED SALES - BAYFRONT

MONTHS OF SUPPLY

9 82.69%

1.21 86.58%

12 MONTH AVERAGE SALES PRICE - BAYFRONT $700,000

125 100

$600,000

75

$500,000 50

$400,000

25 0

2015

2016

2017

New Listings

2018

2019 2020 2021

$300,000

2015

Closed Sales

2016

2017

2018

2019 2020 2021

Average Sales Price

SUMMARY With 89 properties sold, sales were up 28.99% from the preceding 12-month period when 69 properties were sold. New listings were up 14.43%, from 97 to 111. The average sales price, at $644,556 was down 3.57% from $668,404. As of March 31, 2021, inventory stood at 9 units while months of supply was 1.21 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 2021, 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.

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JOHN R. WOOD PROPERTIES THE #1 CHOICE FOR SELLING YOUR HOME

Bring Your Highest Expectations ™

2467

John R. Wood sold more listings than any other firm in Southwest Florida

2020 CLOSED LISTINGS

2249

1549 1318

1295

1231 979 775 460

John R. Wood Premiere Properties Plus Realty

Premier Downing-Frye Sotheby’s Realty, Inc.

MVP Realty

Coldwell Banker

Berkshire Hathaway

Royal Shell

William RaveisFlorida LLC

When it comes to selling your home, choose John R. Wood Properties. The #1 brokerage in Southwest Florida. 4

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2021 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed.” Data is MLS for Collier and Lee County, for 1/1/20 through 12/31/20.


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