The Quarry Real Estate Report – Homes on Coastline Ct! February 25, 2020

The Quarry Real Estate Report – Homes on Coastline Ct!

Recent real estate sales activities are listed below. You can click on the addresses for complete MLS information for each of these properties.

• Coach home
• Waterfront
• Built 2006
• 2297 sq ft
• Priced at $489,000 – $213 per sq ft

• Coach home
• Waterfront
• Built 2006
• 1654 sq ft
• Now priced at $310,000 – $187 per sq ft
• On the market January 2020 listed at $316,000

• Coach home
• Waterfront
• Built 2014
• 2297 sq ft
• Now priced at $469,000 – $204 per sq ft
• On the market November 2019 listed at $479,000

• Coach home
• Waterfront
• Built 2007
• 2297 sq ft
• Now priced at $359,000 – $156 per sq ft
• On the market September 2019 listed at $379,000

• Coach home
• Waterfront
• Built 2014
• 1654 sq ft
• Priced at $359,900 – $218 per sq ft
• On the market November 2019

• Coach home
• Waterfront
• Built 2006
• 2297 sq ft
• Priced at $389,900
• On the market October 2019 listed at $399,000

• Coach home
• Waterfront
• Built 2006
• 2297 sq ft
• Priced at $349,000
• Sold for $330,000 – $144 per sq ft
• Originally on the market April 2018 listed at $410,000

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.

Considering a New Home??? – Let me guide you through the new construction buying process by providing you with the following:

• Many of today’s builder incentive offerings
• Inventory of new move-in ready homes
• Help identifying the hidden future expenses
• Comparative Market Analysis for new home communities
• Variable commission options for selling your existing home

Contact me for details on this service that is no cost to you!

Naples Area Real Estate Market Report – Naples Area Board of REALTOR® (NABOR®) released the January Market Report stating a remarkable 22% increase in closed sales compared to last year, with expectations for a strong first quarter. With a 26% decrease in January’s month-end inventory, there is still a 6.6 month supply of homes for Buyers to chose from as a Buyer’s market continutes. The $1-2 million single-family home market saw in a 20% increase last month over a year earlier. January’s price reductions represented 33% of active listings, much higher than prior months, indicating Sellers needed to price their homes correctly to sell in today’s market.

January 2020 compared to January 2019:

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

Categories	January 2019	January 2020	Change
Total closed sales	594	722	21.5%
Total pending sales	1,022	1,359	33%
Median closed price	$325,000	$343,000	5.5%
Total active listings	7,773	5,761	-25.9%
Average days on market	96	107	11.5%
Single-family closed sales	318	361	13.5%
Single-family median closed price	$380,500	$437,500	15.0%
Single-family inventory	3,903	2,842	-27.2%
Condominium closed sales	276	361	30.8%
Condominium median closed price	$260,000	$270,000	3.8%
Condominium inventory	3,870	2,919	-24.6%

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