Dog Friendly Communities in Southwest Florida 

 

You won’t find a shortage of dog-friendly activities and destinations in Southwest Florida. From doggie daycare, dog parks and dog beaches to the major shopping streets and popular restaurants. Water bowls can often be found outside storefronts and furry friends are a large part of the crowd at local art shows and parades. Southwest Florida has always been known as a dog friendly place to live.

It stands to reason that dog friendly communities in Southwest Florida are everywhere as well. There are, however, a few pet policies to be aware of as you begin your search for a new home and before you sign on the dotted line of a sales contract.

Types of Pet Policies and What They Mean

With Approval

Some Homeowner’s and Condominium Associations will require a pet application and reserve the right to review it before they make a decision on whether to allow your pets.

Limits

This indicates that pets are allowed provided they do not exceed a certain number per household or a maximum weight. Weight and size limits are outlined in the rules and regulations of the community documents.

No Approval Needed

This is a classification you’ll typically see when purchasing a single-family home. Basically, you can have as many dogs of any size – or other pets -as you want.

Not Allowed

Unfortunately, not everyone is dog and pet friendly.

How to Find the Pet Policy

Most communities have a Homeowners Association (HOA) or a Condominium Association or both depending on the structure of the neighborhoods. You can call the HOA to ask about their pet policy or reference the Rules and Regulations which can be found within the HOA and Condo documents.

When in doubt, you can always contact me and I am happy to assist you in your search for a home that allows dogs!

Source: John R. Wood Properties.com

 

Visit Naples.house for luxury homes for sale in Naples, Bonita Springs, Estero, Sanibel and Captiva Islands, and Marco Island.

 

 

THINGS TO DO THIS WEEKEND IN SOUTHWEST FLORIDA ~ Feb. 3, 2017

THINGS TO DO THIS WEEKEND IN SOUTHWEST FLORIDA

February 3, 2017

Don’t get stuck looking for things to do this weekend in Southwest Florida. We know the main event is Super Bowl LI, but while your waiting for the big game to start, check out this line up that will have you ready to rev your engines and get your groove on.

FRIDAY

SATURDAY

SUNDAY

Source:  John R. Wood Properties, Ashley Wells

Visit Naples.house for luxury homes for sale in Naples, Bonita Springs, Estero, Sanibel and Captiva Islands, and Marco Island.

ANNUAL MARKET REVIEW FOR 2016

 

Naples / Bonita Springs / Estero / Marco Island Market Area

 

NAPLES, BONITA SPRINGS AND ESTERO

Closed Sales

The number of closed sales in 2016 decreased 12% to 11,582 from prior year, making it the lowest year- end sales volume since 2011, the beginning of this expansion cycle. The number of closings above $1 million decreased 14.7% over 2015 with 1,069 sales at the end of 2016 vs 1,253 at the end of 2015. The segment above $5 million decreased 30% year-over-year.

Inventory Levels and New Listings

Inventory increased 34.6% in 2016, in the combined Naples, Bonita Springs, Estero market. This is the largest percentage increase in inventory since the depths of the recession in 2008. The supply of condominiums increased 35.8%, while single family homes increased at a rate of 33.6% over the same period last year. It should be noted that John R. Wood Properties does not include manufactured product or time share condominiums in our analysis.

Availability of single family homes and condominiums increased in all price segments, with the largest increase noted in the product segment under $350,000. Product priced between $350,000 and $850,000 had the largest supply of inventory, representing over 40% of the total current inventory and an increase of 22% over the prior year.

The largest increase in condominium supply was product priced under $350,000. The largest increase in single family supply was for product priced between $350,000 and $850,000 and between $2 million and $5 million.

The sum of new listings placed on the market during 2016 was 20,392, up 9% over 2015, and the highest since 2010.

Pended Sales

The number of sales pended during the year was 13,578, down 24% from the prior year and the lowest annual total since 2012. All price categories reflected decreases, with properties priced at $350,000 or below showing the smallest decrease, and down only 10% from 2015. It is important to note that not all pended sales close. However, this benchmark along with current inventory has proven to be the best leading indicator of market direction.

Summary

Year-end evidence indicates that market direction has shifted from one that was in balance at the end of 2015, to one that is trending to an oversupply at the end of 2016. Some segments are already well above a one year supply. This market dynamic favors buyers, who now have a greater supply of available options for purchase. This shift is a notice to sellers that pricing strategy must be adjusted to reflect current market conditions.

 

MARCO ISLAND

Closed Sales

The number of closed sales in 2016 decreased 14% to 843 from 982 at year end 2015. This sales volume is the lowest since 2011, the beginning of the current expansion cycle. Properties priced above $1 million decreased 12.8% over 2015, with 149 sales at the end of 2016 vs 171 at the end of 2015.

Inventory Levels and New Listings

Inventory increased 22% in 2016 compared to last year, with the year-end inventory the highest since 2014. The supply of condominiums increased 20% over the same period last year with single family inventory increasing 23%.

Marco Island real estate is distinguished by its view and its open water access. The following summary provides insight into the availability and pricing of single family homes and condominiums based on their view. Inventory data by view has been calculated since September 2016.

Single family inventory with Direct Access has increased 17.5% and list prices have increased 5% since September. Indirect Access homes have increased 8.6% in inventory with a 5.2% reduction in average list price. Available homes with Inland and Golf Course views have increased 46% and 25% respectively with asking prices lower by 5%.

Condominium inventory with Direct Access has increased by 43% and list prices have dropped 2%. Indirect Access condominiums posted a 26% increase in inventory and a 10% reduction in overall asking price. Beachfront high rise condominiums account for the largest product offering on Marco Island. Current inventory is 6.8% higher than September 2016 with the current offering price relatively stable, down less than 2%.

Pended Sales

The number of sales pended during 2016 was 879, down 27% from 2015 and the lowest annual total since 2008. The Marco Island real estate market is heavily influenced by second home buyers and the reduction in pended sales is a reflection of the overall market softening. It is important to note that not all pended sales close. However, this benchmark along with current inventory has proven to be the best leading indicator of market direction.

Summary

The same market dynamics are evident on Marco Island that we see in Naples, Bonita Springs and Estero. The supply of waterfront properties with boating access posted the greatest increase on Marco Island over the past year. Beachfront condominiums, which generally cater to the very seasonal market, have also increased, but not to the same level. Overall, the market favors the buyer and sellers should be aware of this price shift.

Source:  John R. Wood Properties

 

Visit Naples.house for luxury homes for sale in Naples, Bonita Springs, Estero, Sanibel and Captiva Islands, and Marco Island.

 

Rooms That Buyers Will Pay More For

Naples, FL real estate
Quail West 

There is one room in the house that everyone seems to be obsessed with and it certainly isn’t a new trend.  Yes, it’s the kitchen, and it has long been a room where entertaining originates and families gather together for everyday closeness and special occassions alike.

Although the formal dining room still has appeal in some parts of the country, open kitchens and great room concepts have dominated recent property designs and renovations, especially in the Southwest Florida real estate market.  More recently, we are also seeing kitchens described as the new man cave, with more men expanding their roles as grill master and taking over the culinary creations that happen inside as well as outside of the home.

With this increased demand for a functional and spacious kitchen design come certain expectations about the upgraded features that should be included, and for which buyers are willing to fork over the big bucks.

According to realtor.com®, 69 percent of listing descriptions focus on features in the kitchen as a major selling point.  Following that lead are bedroom mentions at 49 percent and garages at 35 percent.

For all the reasons described above, it’s no surprise to real estate agents that kitchens take first place, and the research goes on to say that kitchens described as “killer” or “luxury” actually sell 8 percent faster than comparative homes in the same zip code.

  • Custom cabinetry (41%)
  • A kitchen island (30%)
  • Creative lighting (21%)
  • Granite counter tops (18%)
  • Large pantry (14%)
  • Stainless steel appliances (12%)
  • Tile backsplash (7%)
  • Breakfast bar (6%)

Within these results, there was also an increase in demand for what is often described as a “Chef’s kitchen” or “Gourmet kitchen”, which would include the following indulgences:

  • Six-burner stovetop
  • Double ovens
  • Commercial appliances
  • An oversized or specialty fridge
  • A butler’s pantry

Throw in a wet bar and wine cellar and you’ve found yourself a golden meal ticket…

Below is a gallery that features a small sampling of beautiful kitchens currently listed for sale by John R. Wood Properties. Click on any image to get more information about these homes or to search for other amazing properties for sale in Southwest Florida‘s real estate market.

If you’re thinking about listing your home or it’s already on the market, be sure to work with your luxury John R. Wood real estate agent for the industry’s best marketing and representation of your home’s highest selling features.

Royal Harbor
Royal Harbor
Twin Eagles
Twin Eagles

Source: Realtor.com

Visit Naples.house for luxury homes for sale in Naples, Bonita Springs, Estero, Sanibel and Captiva Islands, and Marco Island.

Mangrove Bay in Naples Florida

This Week in Southwest Florida Real Estate you’ll hear directly from the sales center at Mangrove Bay, a new single family development offing a world-class waterfront lifestyle. Plus you’ll see a stunning property for sale in Naples, FL located at 3280 Gordon Drive just steps…

Source: Episode 14: Mangrove Bay in Naples Florida

Visit Naples.house for luxury homes for sale in Naples, Bonita Springs, Estero, Sanibel and Captiva Islands, and Marco Island.

Third Quarter Market Review for 2016

NAPLES CONDOMINIUMS

  • The average price paid for condominiums through the third quarter increased 8% over the same period a year ago to $372,000.  Median price for the period was up 2.5% at $240,000.
  • There were 914 condominiums closings in the third quarter, an 18% decline from Q3 2015.
  • Months of supply is 6.1 months,  down from 7.8 months at the end of QW2 and up from 3.2 months at the end of Q3 2015.

BONITA SPRINGS/ESTERO SINGLE FAMILY HOMES

  • The average price paid for a single family home through the end of the third quarter is $440,339, a 9.2% decrease from a year ago.  Median price was up 4.8% over the same period to $368,000.
  • During the third quarter, there were 332 single family home closings, down from 350 in Q3 2015.
  • Months of supply is 6 months, down from 9.7 months at the end of Q2 and an increase from 4.1 months a year ago.

BONITA SPRINGS/ESTERO CONDOMINIUMS

  • Average condominium price through the first 9 months is $283,449, down 6.5% from an average of $303,285 for the same period a year ago.  Median price was approximately the same as last year at $234,800, a decline of 2%.
  • There were 325 closings during the third quarter, 8 fewer than Q3 2015.
  • Months of supply is 5.6 months, up from 2.7 months at the end of Q3 2015.

MARCO ISLAND SINGLE FAMILY HOMES

  • The average sales price at the end of Q3 was $843,834, consistent with a year ago.  Median price was $645,000 which represent less than a 2% increase over prior year.
  • There were 90 closings of single family homes during the third quarter, a 14% increase over Q3 2015 when there were 79.
  • Months of supply is 10.2 months at the end of Q3 2016, up from 7.7 months at this time in 2015

MARCO ISLAND CONDOMINIUMS

  • Condominium average price was up 8.5% compared to the same period in 2015 at $594,579.  Median price declines 9% year over to $350,000.
  • There were 107 closings during the third quarter 2016 vs. 123 for the same period in 2015.
  • Months of supply is 8.1 months, up from 4.6 months a year ago.

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 Visit Naples.House for luxury homes for sale in Naples, Bonita Springs, Estero, Sanibel and Captiva Islands, and Marco Island.

This Week is Southwest Florida Real Estate

This Week in Southwest Florida Real Estate we’re back in Naples along Vanderbilt Beach Rd where the construction of Vanderbilt Commons has broken ground just west of Vanderbilt Beach Rd and Collier Blvd. This new commercial space, which is owned and operated by Welsh Companies Florida, will include a mix of retail, restaurants, and medical space to accommodate the fast developing area east of I-75. To see other Welsh Companies Florida projects, visit their website at http://welshfl.com.

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We also visit the new construction project at Naples Equestrian Challenge. This will soon become the new equine therapy center that will allow them to help over 200 additional people with special needs in addition to bringing on 4 new therapy horses. To learn more about the Naples Equestrian Challenge including how to become a volunteer or how to donate, visit their website at http://www.naplesequestrianchallenge.org/.

The July market numbers are reviewed and continue to show positive trends in the favor of buyers which leads us to our featured property of the week located at 2895 Tiburon Blvd in Serafina at Tiburon.

For a list of all the open houses in Southwest Florida, across all real estate brokerages, be sure to visit our website at www.Naples.house.

 

Source:  John R. Wood Properties

Visit Naples.House for luxury homes for sale in Naples, Bonita Springs, Estero, Sanibel and Captiva Islands, and Marco Island.

 

 

31st Annual SummerJazz on the Gulf Concert Series

July 16 @ 6:30 pm – 9:30 pm

SummerJazz on the Gulf Concert Series
SummerJazz on the Gulf Concert Series

The Naples Beach Hotel & Golf Club‘s annual SummerJazz on the Gulf concert series continues on Saturday, July 16 with a free concert by the talented five-piece band Vodkanauts, known for their engaging performances and blended medleys of jazz and rock-and-roll. The band will play a range of songs including rhythm & blues, jazz, soul, swing, and surf rock from 6:30-9:30 p.m.

SummerJazz on the Gulf is a fun, free concert series combining an appealing and diverse selection of jazz entertainment with views of gorgeous sunsets over the Gulf of Mexico. Guests may bring lawn chairs or blankets, but no outside food or beverage is allowed on resort grounds.

Hotel guests will receive complimentary parking,

Twilight Sunset on Naples Beach
Twilight Sunset on Naples Beach

and for those not staying at the resort, there will be parking just north of the hotel at Lowdermilk Park, with free parking provided to those with a Naples beach sticker and free trolley service to the resort and back.

The remaining concerts will be held on Saturday, August 20, and September 24.

Source:  Naples Illustrated for more information on the concert series, click here.

 

Visit Naples.House for luxury homes for sale in Naples, Bonita Springs, Estero, Sanibel and Captiva Islands, and Marco Island