Bonita Springs Real Estate! July 26, 2020

Hawthorne Real Estate Report!

• Coach home
• Preserve view
• Built 2010
• 2296 sq ft
• Priced at $300,000 – $131 per sq ft

• Coach home
• Waterfront
• Built 2006
• 2296 sq ft
• Priced at $289,900 – $126 per sq ft
• On the market 14 days

• Single-family pool home
• Waterfront
• Built 2009
• 2155 sq ft
• Priced at $428,000 – $199 per sq ft

• Two-story home
• Preserve view
• Built 2013
• 3343 sq ft
• Priced at $429,000 – $128 per sq ft

• Coach home,
• Waterfront
• Built 2006
• 1644 sq ft
• Priced at $259,000 – $158 per sq ft
• On the market May 2020 listed at $265,000

• Single-family home
• Waterfront
• Built 2007
• 2434 sq ft
• Priced at $454,900 – $187 per sq ft

• Single-family home
• Preserve view
• Pool & spa
• Built 2013
• 2032 sq ft
• Priced at $419,000 – $206 per sq ft
• Originally on the market April 2019 listed at $469,000

• Coach home
• Preserve view
• Built 2006
• 2296 sq ft
• Priced at $300,000 – $131 per sq ft
• On the market April 2020

• Single-family home,
• Preserve view
• Pool & spa
• Built 2013
• 2032 sq ft
• Priced at $417,400 – $205 per sq ft
• On the market May 2020 listed at $418,900

• Coach home
• Preserve view
• Built 2013
• 2095 sq ft
• Priced at $300,000 – $143 per sq ft
• On the market May 2020 listed at $312,000

• Single family home
• Waterfront
• Built 2009
• 1807 sq ft
• Priced at $343,500 – $190 per sq ft

• Single-family pool home
• Waterfront
• Built 2008
• 1638 sq ft
• Priced at $399,900
• Sold for $385,000 – $235 per sq ft
• Originally on the market October 2018 listed at $409,000

• Single-family pool home
• Waterfront
• Built 2009
• 1939 sq ft
• Priced at $419,000 – $216 per sq ft
• On the market January 2020 listed at $429,000

• Single-family pool home
• Built 2009
• 2153 sq ft
• Priced at $469,900 – $222 per sq ft
• On the market 11 days

Please note: Source for above information is the Southwest Florida MLS, data made available at the time of the publication by MLS participating brokers. It is reliable but not guaranteed; it is to be used for informational purposes only, not as sales promotional material. Not all of the properties listed above were listed or sold by MVP Realty.

Here is how we are doing it – During these challenging times there are still people who need to buy or sell a home. Our priority is to keep homeowners, the public, and real estate professionals connected and safe:

• NEWLY RELEASED virtual walk-through tour!
• Online meetings & presentations
• Virtual home tours
• E-signature document signing & notorization
• Drive-by appraisals
• Eliminating in-home meetings
• Minimizing in-person showings
• Following all CDC and local health & safety protocols
• New COVID-19 contract documents to protect Buyers & Sellers

Naples Area Real Estate Market Report – Naples Area Board of REALTOR® (NABOR®) released the June Market Report stating pending sales (home under contract) increased 61.3% compared to June 2019, with single-family homes being the home choice for the majority of Buyers.  There was a market rebound following a temporary pause in activity caused by the pandemic from mid-March through May.  The level of demand in the luxury home market, particularly homes $1 million and above, resulted in driving up the overall median closed price.

June 2020 compared to June 2019:

For details, trends, and year-to-date Naples area market statistics click here. Highlights from the June statistics are captured in the chart below:

Categories	June 2019	June 2020	Change
Total closed sales	923	881	-4.6%
Total pending sales	911	1,469	61.3%
Median closed price	$330,000	$357,000	8.2%
Total active listings	6,547	4,739	-27.6%
Average days on market	104	96	-7.7%
Single-family closed sales	484	498	2.9%
Single-family median closed price	$398,450	$437,500	9.8%
Single-family inventory	3,382	2,215	-34.5%
Condominium closed sales	438	383	-12.8%
Condominium median closed price	$265,000	$270,000	1.9%
Condominium inventory	3,165	2,542	-20.3%

MVP Realty Associates, LLC – MVP Realty is a Naples based real estate company with agents and offices located throughout Florida:

• Over $1.2 billion in annual home sales
• One of the top real estate offices in SW FL – #2 out of 1800+ in transaction volume
• 20+ offices throughout the state
• 775+ agents to market all MVP listings
• Fastest growing real estate company in Florida the past six years
• Brokers have 60+ years of broker experience
• Best agent training, technology and tools in the industry