Bonita Springs Real Estate Report! December 27, 2022
Posted:
Hawthorne Real Estate Report
Home Sale Activities at Hawthorne
Recent real estate sale activities are listed below. You can click on the addresses for complete MLS information for each of these properties.
26407 Lucky Stone Rd #201 – NEW LISTING
- Coach home
- Preserve view
- Built 2006
- 2296 sq ft
- Priced at $499,000 – $217 per sq ft
26430 Lucky Stone Rd #201 – EXPIRED LISTING
- Coach home
- Waterfront
- Built 2008
- 2178 sq ft
- Priced at $529,900 – $243 per sq ft
- On the market 183 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.
Real Estate News
Naples Area Real Estate Market Report – Naples Area Board of REALTOR® (NABOR®) released the November Market Report. Here are a few interesting comments:
- A 41.4% decrease in sales in November 2022 compared to a year ago
- Inventory remains low at just 2.8 months supply (a balanced market is six month supply)
- Cash sales accounted for 62.3% of the home sales
- Newer homes are more desirable with insurance struggles with the older homes
- Inventory rose in all price categories except the $300,000 and lower category
- November’s overall median closed price increased 20.4% to $600,000 from $498,500 in November 2021
- Sellers can no longer expect multiple offers that are significantly over the listed price
- November’s report showed sellers are more willing to negotiate again as the overall percent of list price received decreased 3.3% compared to a year ago
November 2022 compared to November 2021:
For details, trends, and year-to-date Naples area market statistics click here. Highlights from the November 2022 market report compared to November 2021:
| Categories | November 2021 | November 2022 | Change |
|---|---|---|---|
| Total showings (month/month) | 31,291 | 20,091 | -36.0% |
| Total closed sales (month/month) | 942 | 552 | -41.4% |
| Total pending sales (homes under contract) (month/month) | 1,138 | 767 | -32.6% |
| Median closed price (month/month) | $498,500 | $600,000 | 20.4% |
| New listings (month/month) | 982 | 926 | -5.7% |
| Total active listings (inventory) | 1,259 | 2,478 | 96.8% |
| Average days on market | 24 | 46 | 91.7% |
| Single-family closed sales month/month) | 477 | 286 | -40.0% |
| Single-family median closed price (month/month) | $620,000 | $820,000 | 32.3% |
| Single-family inventory | 842 | 1,561 | 85.4% |
| Condominium closed sales (month/month) | 465 | 266 | -42.8% |
| Condominium median closed price (month/month) | $375,000 | $448,250 | 19.5% |
| Condominium inventory | 417 | 917 | 119.9% |
About Our Company
MVP Realty Associates, LLC – MVP Realty is a Naples based real estate company with agents and offices located throughout Florida:
- Exceeded $2.5 billion in home sales in 2021 and closed 8,000 transactions
- One of the largest real estate companies in Florida
- Top 1% in total sales transactions
- The #2 real estate company in SWFL
- More than 20 offices across Florida
- Over 1,200 agents who will help market your property to prospective Buyers
- Fastest growing real estate company in Florida the past eight years
- Brokers have 75+ years of broker experience
- Best agent training, technology and tools in the industry
