28 Aug Shadow Wood at the Brooks Real Estate News | August 2015
Rain. August in Southwest Florida means rain. I’m actually not complaining. Looking out over my Shadow Wood lanai, I may see rain somewhere between one and three o’clock in the afternoon – but I always see the lush, beautiful green landscape brought on by the humid weather conditions, always. Recently, many Florida cities are siting high number of lightning strikes in short time spans (if you’re interested in following the frequency of lightning strikes in any part of the world, visit LightningMaps.org to see lightening as it occurs). Lightning is sporadic and unexpected. As a 30-plus-year real estate veteran in Shadow Wood, the real estate market in our area is anything but sporadic and unexpected. Shadow Wood homes are selling steadfast and true – and I eager you to contact me if you are considering selling or buying in Shadow Wood.
A reminder, you have access to the most comprehensive website devoted to Shadow Wood, www.shadowwoodrealty.com. I’ve included maps, floor plans, photos, and descriptions of each neighborhood within this desirable community — please feel free to review the site — I always welcome your feedback.
Whether you are buying or selling, if you are looking for REALTOR® representation, think of me and allow me to share my 30 years of experience putting buyers and sellers together in SWFL.
Your Shadow Wood REALTOR®,
Ed Gongola
August 2015 Real Estate Market Update: Your Shadow Wood Home May Not Last Very Long on the Market
Listings are not lasting long,” said Mike Hughes, Vice President/General Manager of Downing-Frye Realty. “At the end of last year, our company had 1,192 listings. Six months later, at the end of June, we had 1,168 listings and 2,417 closings. We passed the $1 Billion mark in closed sales earlier this year than normal and we’re three percent ahead of where we were a year ago. This is going to be a remarkable year for sales — one of our best ever.”
According to second-quarter real estate reports regarding Bonita Springs/Estero:
The active number of listings decreased to 688 in June 2015 from 794 in June 2014
The average listing price: June 2015 = $621,000
The average listing price: June 2014 = $464,000
The sales volume (sum of prices) for all residential properties closed during June 2015 was $79.5 million, compared with $86.6 million during June 2014
Sources: The Bonita Springs-Estero Assoc. of REALTORS®, Naples Area Board of REALTORS®, National Assoc. of REALTORS®, Florida REALTORS®.
SUMMARY OF SHADOW WOOD HOME SALES
If you are considering selling your Shadow Wood home, here are some statistics that may help you decide to place your home on the market:
CONDO
Within the last 12 months, there were 22 sales; the average sales price was $331,950; and, these condos were on the market an average of 68 days
During the 12 months previous, there were 32 sales; the average sales price was $289,969; and, these homes were on the market an average of 156 days
SINGLE-FAMILY
During the last 12 months, there were 61 sales; the average sales price was $958,928; these homes were on the market an average of 90 days
During the 12 months previous, there were 66 sales; the average sales price was $844,293; and, these homes were on the market an average of 106 days
For a list of SHADOW WOOD homes sold in the last 90 days, click here .
For a list of SHADOW WOOD homes that are pending at the moment, click here.
Meet Ed Gongola and discover how he can help you with his concierge style of service when buying or selling your home.
Keep Up with Golf Maintenance Updates
Stay tuned-in to the transformation of Shadow Wood golf courses along with official announcements regarding the courses at the official blog site — hosted by Shadow Wood golf staff. You’ll find recent photos of the South back-nine renovation project along with other posts here.
SHADOW WOOD EMPLOYEE SPOTLIGHT
The Shadow Wood Employee Training Program
Typically, this space is used to highlight an individual Shadow Wood employee. This month, the focus is on the overall training program, called “Shadow Wood S.T.R.O.N.G.”. There are several references the give accolades to Shadow Wood employees on the official Shadow Wood Facebook page. The story behind the employee training will shed light on their hospitable success. Find out the meaning behind “S.T.R.O.N.G.” and how they apply their motto to make your experience in Shadow Wood consistently pleasant — click here.