MONTHLY MARKET REPORT, AUGUST 2015

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1 Bring Your Highest Expectations MONTHLY MARKET REPORT, AUGUST 2015 For the 11

Market Report August 2015 12-MONTH COMPARISONS Bring Your Highest Expectations NEW LISTINGS / CLOSED UNITS 30,000 27,000 NEW LISTINGS 2015------------------ 18,558 24,000 2014------------------

2 Market Report August MONTH COMPARISONS Bring Your Highest Expectations NEW LISTINGS / CLOSED UNITS 30,000 27,000 NEW LISTINGS ,558 24, , ,400 21, , ,559 18, , ,497 15, CLOSED UNITS 9, , ,392 6, , ,692 3, , , ,782 The source of this real property information is the copyrighted and proprietary database of Southwest Florida MLS, Copyright 2015, and the proprietary compilation of that data by, its employees, and professional statisticians 1

3 Market Report August MONTH COMPARISONS Bring Your Highest Expectations AVERAGE SALES PRICE $500,000 $480,000 $508k $460,000 $440,000 $420,000 $451k $400,000 $420k $380,000 $360,000 $340,000 $320,000 $357k $360k $363k $374k $300, The source of this real property information is the copyrighted and proprietary database of Southwest Florida MLS, Copyright 2015, and the proprietary compilation of that data by, its employees, and professional statisticians 2

4 Market Report August 2015 SUMMARY Bring Your Highest Expectations CLOSED SALES The number of closed sales through August is down 4.4% from the same period in 2014 (9,223 vs. 9,649). Sales pace is driven by inventory, demand and pricing. Closed sales during the month of August are down 10% from August 2014, but remain the fourth highest on record for the month ( ). The consistent number of sales over the past several months indicates the market is enjoying solid demand. During the past 12 months, closings for properties priced above $2 million are up 13% (459 vs. 407). This category continues to be in high demand with year-to-date closings up 5.1% over the first eight months of NEW LISTINGS/INVENTORY Available inventory on September 1, 2015 consisted of 4,198 units, down 6.9% from prior year. Average list price for the past 12 months is $614,842, up 15.1% from the 12 months ending September 1, Median list price increased 17.5% during the 12 months ending September 1, AVERAGE AND MEDIAN SALES PRICE Average price of closed sales during the month of August increased 11.4% year-over-year, while median closed price increased 12.8%. Average price of sales above $2 million increased 11.8% over the past 12 months, from $3,537,716 to $3,956,725. Median price in this category is up 12.8% from $2,800,000 to $3,157,000. The source of this real property information is the copyrighted and proprietary database of Southwest Florida MLS, Copyright 2015, and the proprietary compilation of that data by, its employees, and professional statisticians 3

Neighborhood Snapshot Report MONTHLY SNAPSHOT AS OF SEPTEMBER 1, 2015 SINGLE FAMILY HOMES Bring Your Highest Expectations 12-Month Sold Comparison Report for Select Communities AVAILABLE INVENTORY

5 Neighborhood Snapshot Report MONTHLY SNAPSHOT AS OF SEPTEMBER 1, 2015 SINGLE FAMILY HOMES Bring Your Highest Expectations 12-Month Sold Comparison Report for Select Communities AVAILABLE INVENTORY CLOSED PAST 12 MONTHS MONTHS OF SUPPLY AVERAGE CLOSED PRICE Aqualane Shores $4,494,350 Barefoot Beach $3,397,976 Bonita Bay $1,072,984 The Brooks $813,102 Collier s Reserve $1,406,000 Park Shore/Moorings/Seagate/Coquina Sands Waterfront $3,076,600 Park Shore/Moorings/Seagate/Coquina Sands Non-Waterfront $1,387,472 The Crossings $690,160 The Dunes Grey Oaks $2,477,431 Kensington $819,714 Lely Resort $701,045 Mediterra $2,078,688 Monterey $628,955 Olde Cypress $874,787 Old Naples $3,302,449 Palmira $653,989 Pelican Bay $1,400,968 Pelican Bay (Bay Colony) $3,699,000 Pelican Landing $761,169 Pelican Landing (The Colony) $1,374,950 Pelican Marsh $1,562,664 Pelican Sound $565,700 Pine Ridge $1,122,027 Port Royal $9,261,895 Quail Creek $940,598 Quail West $1,901,550 Royal Harbor $1,604,657 Tiburon $1,684,036 Vanderbilt Beach $1,581,284 The Vineyards $743,441 West Bay Club $824,783 The source of this real property information is the copyrighted and proprietary database of Southwest Florida MLS, Copyright 2015, and the proprietary compilation of that data by, its employees, and professional statisticians 4

6 Neighborhood Snapshot Report MONTHLY SNAPSHOT AS OF SEPTEMBER 1, Month Sold Comparison Report for Select Communities AVAILABLE INVENTORY CONDOMINIUMS CLOSED PAST 12 MONTHS MONTHS OF SUPPLY Bring Your Highest Expectations AVERAGE Closed CLOSED PRICE Aqualane Shores $596,167 Barefoot Beach $924,625 Bonita Bay $641,645 The Brooks $242,271 Collier s Reserve Park Shore/Moorings/Seagate/Coquina Sands Waterfront $1,160,687 Park Shore/Moorings/Seagate/Coquina Sands Non-Waterfront $276,560 The Crossings The Dunes $1,072,423 Grey Oaks $796,936 Kensington $437,163 Lely Resort $288,747 Mediterra $533,532 Monterey $347,200 Olde Cypress $433,100 Old Naples $754,440 Palmira Golf and Country Club $307,068 Pelican Bay $879,383 Pelican Bay (Bay Colony) $2,748,760 Pelican Landing $317,209 Pelican Landing (The Colony) $898,442 Pelican Marsh $418,815 Pelican Sound $258,206 Pine Ridge $202,365 Port Royal Quail Creek Quail West Royal Harbor Tiburon $726,126 Vanderbilt Beach $687,936 The Vineyards $390,858 West Bay Club $495,791 The source of this real property information is the copyrighted and proprietary database of Southwest Florida MLS, Copyright 2015, and the proprietary compilation of that data by, its employees, and professional statisticians 5

MONTHLY MARKET REPORT, JANUARY 2016

Bring Your Highest Expectations MONTHLY MARKET REPORT, JANUARY 2016 For the 11 Market Report January 2016 12-MONTH COMPARISONS Bring Your Highest Expectations NEW LISTINGS / CLOSED UNITS 30,000 NEW LISTINGS