December 2022 Newsletter
Happy Holidays! I hope everyone enjoyed Thanksgiving and is looking forward to more holiday breaks later this month. Storm cleanup is 95% done in the City of Naples and we’re 1 week away from their December 15th deadline for debris removal. Although many will need more time to recover, downtown Naples has been feeling “back to normal” with all the Christmas decorations and large turnouts for holiday events. More beaches are open but beachgoers are urged to use caution as there could still be hidden dangers under the water and sand, county officials say. “There is the possibility of glass, metal, wood and plastic in the water and sand that can be difficult or impossible to see,” according to a news release from the county. “Please remember, there is still debris in the water and buried 6-inches or more under the sand,” the city’s website says. “Beachgoers should wear protective footwear and are advised not to swim.” Even considering the beach conditions, SWFL still busy with visitors as the weather is phenomenal this time of year – perfect for relaxing by the pool, paying golf or tennis, and dining outside! Naples FL forecast:
📊Sales activity continued to pick up in Naples in November with 651 properties in pending status compared to 491 in September, not bad but interesting to contrast that to the epic surge of nearly 2000 properties pending in March of 2021. Inventory is still limited with 2.8 months of supply and the average closed sales price increased to $1,053,000, up 25% from September’s annual low of $841,000, representing the summer slowdown in activity we experienced this year after a frenzied 2 year run. The average days on market for Naples crept up to 46, higher than we’ve seen in 18 months but still well below the pre-pandemic “norm” of about 100 days on market. Also after 18 months of properties selling close to or even over list price on average, there is more room to negotiate now, with properties settling at 4% below asking on average.
New Development | EPIQUE
Epique is the newest addition coming to the world-class master planned community of Pelican Bay, home to The Ritz-Carlton Beach Resort, Waterside Shops, Artis Naples, the Baker Museum, 3 private beach clubs and nearly 6,500 residences. Epique will set a new standard for high quality luxury condominium living with spectacular views over the preserve, beaches and the Gulf of Mexico. This new 18-story tower will be situated just South of it’s 20-story sold out sister tower, Mystique (only 1 resale currently on the market at Mystique, a 7th floor 5280 SF 5-bedroom home asking $10M)
- 18-story building with 68 units including 4 penthouses and 8 Jardin level residences.
- 4 floor plans ranging from 4000 to 5200 square feet of living space
- 3-bedroom + library and 5-bedroom luxury residences
- Expansive floor-to-ceiling glass windows and floor-to-ceiling 10-foot sliding glass doors
- Sizable sunset terraces with built-in Wolf 36” gas grills (subject to Collier County approval)
- 10’ tall ceilings
- Two parking spaces for each Estate in the controlled-access garage, assigned on a first to close, first choice basis
- Six parking spaces, in an enclosed, humidity controlled private garage for each Penthouse, within the controlled access garage, assigned on a first to close, first choice basis
- One storage locker for each Estate, assigned on a first to close, first choice basis, and one assigned storage room for each Penthouse
- Prices start from over $6 million
RECREATIONAL AMENITIES AND FEATURES
Private dining club with elegant approach flanked with reflecting pools and verdant landscaping, Heated swimming pool with a salt/chlorine generator system, Heated whirlpool spa, Sun deck with contemporary pergola structures, Pool furniture, Two golf simulators, Entry gatehouse, Privacy walls and privacy hedges, Outdoor guest parking, Entry Porte cochere, Magnificent lushly landscaped entry with tree-lined boulevard, 24-hour staffed front desk with monitored video/electronic closed circuit surveillance system, Surveillance cameras and coded entry at all owner entry accesses, Four designer-decorated private elevators with coded access, one for each residential stack, Two service elevators with coded access, one per core, MEDCO locks at all building exterior doors, Wi-Fi access in public areas, LED lighting throughout, Manager’s Office, Dedicated residential management team including general manager, concierge, maintenance, Central mail and package receiving area, Decorative entry fountains, Keyless garage entry system, Fully equipped Health and Fitness Club with ladies’ and men’s steam rooms and showers, Massage rooms with on-call masseur/masseuse and fitness trainers, State-of-the-art Theater with large screen projection and surround sound, Designer-furnished Foyer and Salon, Designer-furnished Parlor, Designer-furnished Club Room, Designer-furnished Library, Designer-furnished Solarium/Card Room, Designer-furnished Board Room, Designer-furnished Billiards Room, Two designer-furnished Guest Suites.
Contact Matt for more information at 239.580.8864.
Including previous months published market reports for Naples, Bonita/Estero and Marco Island.
Search Current Inventory
Filter, view and discover Southwest Florida’s current market inventory (includes Marco Island, Bonita Springs, Estero and Naples properties).
Follow Matt on Instagram
Join our Southwest Florida Lifestyle feed at @mattbrownrealestate. Our other social media links are below. We are active on LinkedIn, Facebook and Twitter.
If you are outside of Southwest Florida and wish Matt’s twin was local in your market, please continue to reach out to Matt Brown Naples William Raveis. Matt has a vast network of other trusted professionals nationwide from his two decades in the business as well as through Leading Real Estate Companies of the World, Who’s Who in Luxury Real Estate and Luxury Portfolio International of which he is affiliated.
If you’re looking for a luxury home Naples, Florida, Matt Brown has the luxury market experience you desire, the in-depth market data knowledge you appreciate, the connections to aid in smooth transactions and the relationships to help find your next luxury home, even before they hit the market. Contact Matt today for advice on the Real estates of Naples. He can be reached at 239-580-8864 or firstname.lastname@example.org.