01 Jul Shadow Wood at the Brooks Real Estate News | July 2020
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
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SUMMARY OF SHADOW WOOD HOME SALES
- Within the last 12 months, there were 28 sales; the average sales price was $366,993; and, these condos were on the market an average of 110 days;combined days on the market is 213.
- During the 12 months previous, there were 31 sales; the average sales price was $333,077; and, these homes were on the market an average of 124 days; combined days on the market is 227.
- During the last 12 months, there were 44 sales; the average sales price was $821,806; and, these homes were on the market an average of 109 days; combined days on the market is 279.
- During the 12 months previous, there were 74 sales; the average sales price was $836,803 and, these homes were on the market an average of 103 days;combined days on the market is 212.
Meet Ed Gongola and discover how he can help you with his concierge style of service when buying or selling your home.
JULY 2020 MARKET UPDATE
Florida’s May Housing Market Shows COVID-19 Impact, Signs of Recovery
Florida Realtors’ data: Closed sales and new listings were down year-over-year due to the virus and economic turmoil. But median prices were up and new pending sales for single-family existing homes rose 2.3% – a positive sign for recovery, notes Chief Economist O’Connor.
At Shadow Wood Country Club, the health and safety of membership is a top priority. Staff are working hard to attempt to limit Club members’ and staffs’ exposure to the virus while continuing to provide members access to Club amenities.
Shadow Wood’s newest restaurant, the Golfside Grill, is offering prepared meals for curbside pick-up, Executive Chef Richard Crisanti and his team put together a menu of delicious meals to include both family-style and individual sizes. This curbside service is in-place for pickup of your prepared meals for you to enjoy in the comfort and safety of your own home! To view the to-go menu, click here. In addition to providing prepared meals, Shadow Wood is proud to offer their members a selection of items to purchase if there are necessities that we can assist them with to fill their pantry or fridge. To view the list of groceries available for member purchase, click here.
Visit the blog post to read more about how you can get involved as a Shadow Wood member: visit the blog here.
Heightened Buyer Demand Influences
Naples Real Estate Market
|May 2019||May 2020||CHANGE|
|Total closed sales (month/month)||1,188||599||-49.6%|
|Total pending sales (homes under contract) (month/month)||1,218||1,167||-4.2%|
|Median closed price (month/month)||$354,450||$333,000||-6.1%|
|Total active listings (inventory)||7,023||5,116||-27.2%|
|Average days on market||107||91||-15.0%|
|Single-family closed sales (month/month)||595||314||-47.2%|
|Single-family median closed price (month/month)||$410,000||$425,000||+3.7%|
|Condominium closed sales (month/month)||593||285||-51.9%|
|Condominium median closed price (month/month)||$270,000||$260,000||-3.7%|
FHFA: Home Prices Up 0.2% in April, 5.5% Year-to-Year
Home prices continue to go up, seemingly immune to the pandemic. The FHFA index tracks all U.S. home prices mortgages held by Fannie Mae and Freddie Mac.
Why Chose Me as Your REALTOR®?To learn more about me and my real estate business, I encourage you read the About Ed section as well as the Testimonial section of the site. Over the years, my clients have expressed their satisfaction in my services and I’ve showcased their kind words so you can determine if I am the right REALTOR® to represent you.
If you are curious as to my sales success, visit my Sold Homes page. This gives a clear picture of exactly what I’ve accomplished and, more importantly, what I can accomplish for you.