According to a recent article in the Naples News, the real estate market in Southwest Florida is about to explode. That is the opinion of Local Market Monitor, a real estate research firm that conducted a second quarter survey tracking 20 Florida metropolitan areas. Based on data indicating growth in the job market, shortage of new and resale homes and... Read More »
VIP Realty Group on Sanibel did the ALS ice bucket challenge today to help raise funds for ALS. It was a fun and the ice water was a shock even with our 90+ degree temps! 1:15 ALS Ice Bucket Challenge – VIP Realty – Sanibel & Captiva Islands by VIP Realty – Sanibel & Captiva Islands 1 hour ago 80... Read More »
As of June 22, 2013 there have been 122 closed house sales with an average selling price of $968,126 which is up over 17% from 2012. There were an additional 31 homes under contract. On the condo side of the market there have been 86 closed sales with an average selling price of $530,657 which is down 4% from last... Read More »
Our island real estate market has been very active so far this year. Market performance is usually expressed in sales terms which show past performance. In real estate it’s usually closed listings. There are other measurements, however, that express market expectations rather than past performance. They are pending and contingent listings. These are properties that have gone to contract but... Read More »
I have a great new listing at Compass Point, a 45-unit complex located on Middle Gulf Drive with pool, shuffleboard, and tennis courts. This is a 2 bedroom/2 bath unit with separate owner storage. Nice Gulf views and priced to sell at $599,000. Read More »
I have a great new listing in Gulf Pines. It’s a 4 bedroom/3 bath home just steps to the beach access. Very secluded and private. Back lanai overlooks small pond with lots of wildlife. Call me today for all the details on this great property priced at $835,000. Read More »
Just a heads up that over the last six weeks, and especially the last two weeks, we have been experiencing what I will call a feeding frenzy with a large volume of properties in all price ranges selling. It has been amazing. If this continues and it most likely will for at least the next eight weeks of high season,... Read More »
The numbers are in for 2012 and things are looking up in our local real estate market. There were 181 homes sold with an average price of $825,837 (+.64% from 2011). There are an additional 15 homes under contract. For Condos in 2012 there were 149 sold, up from 142 last year with another 15 under contract, although the average... Read More »
There have been 171 closed homes sales so far with 20 more under contract, compared to 179 all of last year. The average sales price is up slightly from 2011…a good sign for our market. For condo sales we are at 145 closed so far this year (9 others under contract) which has surpassed the 142 sold last year. Lot sales... Read More »
