This information from the recent NABOR (Naples Area Board of Realtors) May 15, 2009 press release.
Headline: INVENTORY DECLINES 16 PERCENT for PROPERTIES OVER $300,000. Overall pending homes sales increase 87%.
NABOR tracks all Collier county sales excluding Marco Island.
In April of 2009 there were 5,905 properties on the market in this category. This is compared to one year ago where there were 7,088 properties available. How is this accounted for? It's a two part answer. First, month-after-month, we are selling more properties. I have been reporting this. Secondly, a number of properties drop out of this category due to price reductions.
With regard to the actual sale prices above $300,000 the median is just the same in April 2009 as it was in April of 2008 - $535,000. This equates to 50% of the properties sold in the above $300,000 category were less than $535,000 (but above $300,000) and 50% of the properties sold were above $535,000.
Perhaps the most important statistic, in my view, is the days-on-market (DOM) dropped 15% to 165 days. This means that properties are selling faster once listed further contributing to the decline in inventory.
There are two big "takeaways" from this. 1) At least some segments of the market are seeing stabilization. 2) Properties that once were priced over $300,000 are in a more affordable category - buy more for less.
The Strada - "uptown residences" - at the Mercato Naples, Florida has announced its Grand Opening and grand opening prices.
Residences start from $355,000 and furnished lease-back units are available also - two of three remain pictured below.
The amenities at The Strada are terrific beginning with the beautifully landscaped roof-top sundeck and infinity-edge swimming pool, exercise center, spa and lap pool, private beach shuttle, entertaining center with catering kitchen, fireplace, and flat screen TV.
All this in addition to the amenities at the Mercato - shopping, dining, and the Silverspot Cinema. Some of the store and shops are:
Whole Foods Market | The Capital Grille | Books-a-Million | Coldwater Creek | Sur la table
Jos. A. Bank | McCormick & Schmick's Seafood | Signatures | Z Gallerie | Swim 'n Sport
GiGi's Children's Boutique | The Pub | AZN Azian Cuizine | Blue Martini | Bravo! Cucina Italiana
Piola Famosi Per La Pizza | Silverspot | Stage Deli
CLICK HERE for more information
The data below is from the Naples area multiple listing service for single-family homes and detached villas for the calendar year 2008.
| Area or Community | Number of Sales |
| GOLDEN GATE ESTATES | 1 |
| GOLDEN GATE CITY | 2 |
| NAPLES PARK | 3 |
| LELY RESORT | 4 |
| MOORINGS | 5 |
| ISLAND WALK | 6 |
| PELICAN MARSH | 7 |
| PELICAN BAY | 8 |
| VINEYARDS | 9 |
| GREY OAKS | 10 |
| LELY COUNTRY CLUB | 11 |
| IMPERIAL GOLF ESTATES | 12 |
| NAPLES MANOR | 13 |
| OLDE NAPLES | 14 |
| AQUALANE SHORES | 15 |
| VERONA WALK | 16 |
| MEDITERRA | 17 |
| VANDERBILT BEACH | 18 |
| PEBBLEBROOKE LAKES | 19 |
| BERKSHIRE LAKES | 29 |
Would you like to know the quanity, and the average, minimum, and maximum prices for homes in these areas? The data is available. Visit www.BobPisa.com and drop me a note to let me know what you are interested. I'm happy to provide this data and any further information to help you with your real estate research.
Report Shows Inventory Declines 8 Percent
So says the headline from the newly released (April 17, 2009) press release from NABOR - Naples Area Board of Realtors(R).
Prices are down, sales are up. Makes sense, I've stated this many times. Now, we are finally seeing the affect of increased sales on the inventory. So the saying will go - prices are down, sales are up, inventory declines. Over the next year if this trend continues to hold true we will add "prices are up" to the saying. We can only hope...as this will be one clear indicator for a key aspect in our economy - the housing/finance market - to begin a recovery.
The desireable Naples and surrounding area is now the most affordable it has been in some time and 
buyers are taking notice. Highlights from the press release:
An online listing service provided by HGTV listed Naples as the 'number 2 bagain home buyer market'.
The March 2009 statistics and additional market date may be found here.
I didn't expect to be writing a post such as this for sometime to come but, here it is...
In southwest Florida Naples is leading the recovery with improved sales statistics month-after-month ahead of Bonita Springs and Estero. Many people want Naples property for seasonal or permanent homes and for good reason.
Deals to be had. Without question, the foreclosed property market is scoured daily for the best properties and when these hit so do the offers. Many clients can't believe it when I tell them there are multiple offers and we need to go back with best and final offer. It's so unbelieveable that many will not raise the offer and low and behold, the next phone call is that someone else bought the property...disappointment.
Deals waiting and waiting to be had. Such is the case with short sales as is well known. I have three contracts "in process" for the newly coined "long sale". Those who hang in there will ultimately get a good deal. Although, many lose interest too soon and don't wait it out.
Here today gone tomorrow. I just now received an email inquiry from a customer who waited 12 days after the price was reduced way below the competition in the area for a property they were in interested in. It was not REO or short sale. Sadly, today the property went pending and it's no longer available.
If you would like the receive updates on property listings (new and changed prices) for a general area or a specific property type in a specific area just go to www.BobPisa.com. You may peruse the listings by Community or create your own search as you like and receive daily updates in your email all under your control.
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With our real estate office in Naples and my home in booming Estero I have great exposure to and knowledge of Naples, Bonita Springs, Estero and south Fort Myers.
Robert (Bob) Pisa moved to the Naples area after spending 30 years in the Boston area. He was raised in the metro-NYC area and graduated from the Rochester Institute of Technology (Rochester, NY) in 1974. His career has been primarily in high-technology manufacturing and enterprise software for multi-national companies. Bob was also a successful small business entrepreneur and ultimately sold his start up business after six years of operation to a major corporation. He is the recently elected Vice President for the Grandezza Master Homeowner's Association and President of the Santa Lucia Homeowner's Association. Bob attained his real estate license in 2005, and is working in commercial and residential real estate. He is a member of Naples Area Board of Realtor®, NAR, and FAR.
Sales recognition. 
Residential + Commercial + Investment + 1031 Exchanges
Read all and recent testimonials here.
Howard and Kathy - Ft. Lauderdale, FL
Bob Pisa is a true professional. After working with two other realtors in the Naples area, we almost gave up altogether in our search for a new home. Bob was a breath of fresh air; not pushy or overbearing, allowing us to direct the search, while keeping us informed every step of the way, and giving us great advice. Bob pointed out quite a few issues that we were completely unaware of, even though this was our fifth home purchase. Every point of negotiation in our purchase turned out in our favor. His referrals to inspectors and title company were great as well. We could tell right away that Bob knew the real estate business inside and out and only had our best interest as his focus. That blend of knowledge, professionalism and integrity is a rare find these days. We could not have asked for more!
Howard and Kathy
John and Lisa - St. Louis, MO
Bob, Thanks for your assistance in helping us purchase our town home in Naples. Since we live so far away, it was really nice to have worked with someone who answered our calls and emails promptly! Your help in showing us on line listings of what was available in the location that we wanted saved us so much time and effort. I appreciate your being there to do the walk through for us when we closed since we were not able to be there ourselves.Thanks again for all your help!
John and Lisa
Anthony Elia - Attorney at Law
I am an attorney in Connecticut specializing in real estate transactions. My wife and I recently purchased a home in Punta Gorda with the help of Robert A. Pisa of Prestige Properties of South Florida. Attempting to buy a home so far away can be a daunting task, but Bob went out of his way to make us feel comfortable, going so far as to take photos of various homes and the rooms inside to provide us with as much information as possible. He was forthright and honest with his recommendations and we soon became aware that his opinions were right on target and that we could trust his judgment. Bob was extremely helpful in negotiating a fair price for our home once we finally found something that was to our liking, a process throughout which Bob exhibited an abundance of patience. His dedication to us as home buyers did not stop once we purchased our home, as he has again gone far beyond the call of duty to assist us with matters which came about after the closing. There are many real estate agents who would forget you even exist once they are handed their commission check, but I can assure that Bob is not one of them. I have been practicing law in the Connecticut for almost 30 years and I can tell you from experience that real estate agents of Bob's caliber and expertise are few and far between. We are very fortunate to have chosen Bob as our real estate agent and we highly recommend his services to anyone who is interested in buying a home in Southwest Florida.
Sincerely,
Anthony J. Elia, Jr.
Connecticut
Andy J. - Denver, CO
Going through a process of purchasing a second home is never easy, especially when you have to complete the deal from a distance. Bob's professionalism made our process much easier and convenient. My introduction to Bob came from this wonderful website. His responsiveness to my many questions and inquiries was always truthful, honest, and prompt. It is rare that you find someone who is patient, who strives to understand a client's needs, and then organizes a trip that will guide you through a difficult decision. Through this process, Bob became friend, colleague, and real estate advisor for my family. What more can you ask...If you are looking for someone who has these qualities, I highly recommend that you speak with Bob.
Andy J.
Brian O'Donnell, CEO | Fraysen Systems Ltd.
I have worked with Bob on a number of projects going back almost twenty years. I have always have found him trustworthy and committed to getting the job done. I have highly recommended him to a number of associates and will continue to do so.
Brian F. O'Donnell
Tom Barrett, Director | EqualLogic Inc.
I have known Bob for more than ten years with much of that time in a professional environment where I found Bob to be nothing other than the quintessential professional. Bob's ability to research the relevant data and apply a highly analytical approach always leads to well informed conclusions and good decision making. These traits in addition to his commitment to get-the-job-done and attention to the details are exactly what you want from your real estate professional. Bob's recommendation comes to you without any hesitation whatsoever.
Bob Thaler, Sr. Director, Marketing Communications | Acronis, Inc
I have known Bob Pisa for more then 10 years as a business associate, peer and close friend.
Bob is a man of great integrity, is extremely dedicated to his family, his work, and is trustworthy beyond reproach. Highly motivated to always do the best in every aspect of his chosen field, he does whatever it takes to ensure a satisfied customer. His dedication to hard work, identifying the best solutions for his clients, establishing life-long friendships and a sincere drive for honesty makes Bob Pisa the consummate professional.
Furthermore, his expert ability to research critical information necessary to make important buying decisions will serve his clients well when considering a real estate transaction.
I have first hand knowledge of Bob's character and credentials because of our peer relationship at a firm selling very complex software to the semiconductor industry. His performance was so impressive; Bob was rewarded with a promotion to Senior Director.
Bob Thaler
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