The Quarry Real Estate Report – Coach Homes – June 3, 2020

The Quarry Real Estate Report – Coach Homes!

• Waterfront
• Built 2006
• 2297 sq ft
• Priced at $369,900 – $161 per sq ft

• Waterfront
• Built 2006
• 1654 sq ft
• Now priced at $295,000 – $178 per sq ft
• Originally on the market June 2017 listed at $312,900

• Waterfront
• Built 2006
• 2297 sq ft
• Now priced at $475,000 – $207 per sq ft
• On the market January 2020 listed at $489,000

• Waterfront
• Built 2009
• 2297 sq ft
• Priced at $419,000 – $182 per sq ft

• Preserve view
• Built 2009
• 1654 sq ft
• Priced at $299,999 – $181 per sq ft

• Preserve view
• Built 2014
• 2297 sq ft
• Priced at $384,900 – $168 per sq ft
• On the market March 2020

• Waterfront
• Built 2007
• 2091 sq ft
• Priced at $389,900 – $186 per sq ft

• Preserve view
• Built 2007
• 2743 sq ft
• Now priced at $398,000 – $145 per sq ft
• On the market December 2019 listed at $425,000

• Golf course view
• Built 2009
• 2091 sq ft
• Priced at $369,900 – $177 per sq ft
• On the market March 2020

• Golf course view
• Built 2007
• 2743 sq ft
• Priced at $459,000
• Sold for $452,900 – $165 per sq ft
• On the market December 2019 listed at $489,000

• Golf course view
• Built 2007
• 2743 sq ft
• Priced at $429,000 – $156 per sq ft
• Initially on the market April 2019

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:

• Click here to see example of our NEW Property Tour Video!
  • Flyover of the community
  • Walk-through visualization of the home
• 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 April Market Report stating coronavirus slow the real estate market as expected during Florida’s safe-at-home restrictions. The good news is that even during the pandemic, home sales continued while home values were maintained. New approaches and tools have been implemented by many companies to protect both buyers and sellers…Zoom meetings, virtual showings, and more robust photography used for marketing online.

April 2020 compared to April 2019:

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

Categories	April 2019	April 2020	Change
Total closed sales	1,173	838	-28.6%
Total pending sales	1,322	613	-53.6%
Median closed price	$339,000	$340,000	0.3%
Total active listings	7,605	5,394	-29.1%
Average days on market	98	87	-11.2%
Single-family closed sales	510	409	-19.8%
Single-family median closed price	$464,500	$429,500	-7.5%
Single-family inventory	3,850	2,639	-31.5%
Condominium closed sales	663	429	35.3%
Condominium median closed price	$272,500	$270,000	-0.9%
Condominium inventory	3,755	2,755	-26.6%

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
• 725+ 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