If you are looking for an elegant single-family home and world-class amenities for growing families or retirement leisure with year-round enjoyment, look no further than RiverCreek by GL Homes.
In Estero on the sunny Florida Gulf Coast, between Naples and Fort Myers, RiverCreek will bring the best of Florida living, combining the area’s natural beauty and family-oriented activities, great shopping, beautiful parks, and an array of restaurants along with beautiful beaches, great schools and more.
RiverCreek will offer homebuyers spacious luxury single-family homes from the $600s to $900s. Stylish multi-bedroom homes for entertaining with open-concept living areas; luxe master suites, gourmet kitchens, and screened and covered patios for outdoor enjoyment.
World-class amenities including a Clubhouse for all ages with a fully-equipped fitness center, fabulous resort-style pool with shade cabanas, outdoor sport courts, parks and playgrounds for maximum outdoor fun including walking, jogging, biking, and more.
Florida’s premier homebuilder, GL Homes has a reputation for delivering comfort, convenience, quality and excellence. With more than 40 years of experience building luxury homes and creating family-oriented and 55+ master-planned communities. Homebuyers appreciate GL communities for their value, exceptional resort-style amenities and thoughtfully-designed homes.
Located off the Corkscrew Road corridor just east of I-75, RiverCreek is close to shopping, dining and entertainment, great schools and quality healthcare. The small town ambiance of the Village of Estero offers so much for residents of RiverCreek to enjoy.
Contact David to learn more about RiverCreek in Estero – Email or call David@DavidFlorida.com or 239-285-1086.
June Real Estate Market Shows Signs of Balancing
Naples, FL (July 22, 2022) – Data reflecting activity in the Naples area housing market during June showed signs of a return to pre-pandemic summer activity when market conditions were balanced. According to the June 2022 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), pending sales decreased 36.8 percent in June to 794 pending sales from 1,236 pending sales in June 2021, and closed sales decreased 38.4 percent in June to 952 closed sales from 1,545 closed in June 2021. On the positive side, an 80.5 percent increase in inventory during June to 2,294 properties from 1,271 properties in June 2021 is expected to spark sales.
“It appears the housing market in Florida is returning to a more traditional seasonal environment,” said Budge Huskey, CEO, Premier Sotheby’s International Realty. “We began to see a deceleration in sales during May and median closed prices for single family homes dropped in June compared to May as well.”
With 2.2 months of inventory available in June (up from .8 months in December 2021), the journey back to a balanced market is starting to take place. But broker analysts say it will be a slow climb. Huskey added that, “We will remain in a sustained low inventory environment this year, which will serve to insulate prices. In almost all segments of the market, it will prove a story of deceleration rather than depreciation.”
Click to read the full Market Report.
David will be happy to help you find your new home in the Naples area. Contact David at David@DavidFlorida.com or 239-285-1086.
Naples, FL (May 23, 2022) – Overall inventory in Naples during April increased 16.5 percent to 1,668 properties from 1,432 properties in April 2021. Fueled by a swell of new single-family home listings, up 5.7 percent over last year, broker analysts reviewing the April 2022 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), are confident the Naples area housing market has reached a crossroad and is making its turn toward a balanced and healthy market.
Demand for the Naples lifestyle remains strong. Days on market for April was 16 days, considerably less than the historic 90-day average. As inventory begins to rise, days on market may increase and list prices in some neighborhoods may shift down slightly; but broker analysts agree that we should not expect home prices to drop to anywhere near pre-pandemic levels.
The overall median closed price in April increased 39.2 percent to $599,000 from $440,000 in April 2021. The uptick reflects the low number of sales in the $300 and below price category. Median closed prices continue to rise in the single-family home market, up 8.7 percent from March, but median closed prices during April in the condominium market decreased 1.1 percent from March.
The NABOR® April 2022 Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. NABOR® sales statistics are presented in chart format, including these overall (single-family and condominium) findings for 2022:
Rising mortgage rates are likely reducing the number of buyers who can get pre-qualified for a home purchase in Naples, but it did not negatively impact buyer interest during April. In fact, there were over 200 more showing appointments during the month than reported in March, and 66.7 percent of all closed sales in April were cash sales.
Read more of the April 2022 Market Report from NABOR.
David will be happy to help you find your new home in the Naples area. Contact David at David@DavidFlorida.com or 239-285-1086.
Sellers are Taking Advantage of Home Values Hitting Record Highs
More sellers are motivated to enter the market as home values continue to rise as a result of limited inventory and high demand in the Naples area. According to the February 2022 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), the overall median closed price in February was $550,000, a 37.5 percent increase over the median closed price in February 2021. The high demand for homes is demonstrated by the number of showings in February, which was 43,032. When divided by the number of homes in inventory during February (1,176), this translates to 36 showings per home. For perspective, in 2019 there were 2.9 showings per home. The data also shows that homes sold fast in February, within 23 days on the market, and the percent of list price received was 100.6 percent, which pleased many sellers.
Click here for the complete report.
David will be happy to help you find your new home in the Naples area. Contact David at David@DavidFlorida.com or 239-285-1086.
Low Inventory & High Demand Continues to Push Home Prices Up in January
Naples, Fla. (February 25, 2022) – A 34.5 percent increase in new listings sparked 19,277 more showings during January compared to new listings and showings reported in December 2021. While an increase in new listings demonstrates a solid start for the real estate market this year, low inventory continues to harness the market’s potential. As a result of tight inventory, January sales activity could not meet the level of sales activity reported in January 2021. Historically, month to month sales activity during season ascends through April. But according to broker analysts reviewing the January 2022 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), a 74.9 percent decrease in inventory for January to 1,122 homes from 4,474 homes in January 2021 will not provide the same level of sales transactions that occurred last season.
Click here to view the complete report.
David will be happy to help you find your new home in the Naples area. Contact David at David@DavidFlorida.com or 239-285-1086.
