Mark Hatfield Realtor

Southwest Florida Market Perspective:
Closed sales for the 12-month period through June 30th were down 3.9% from the preceding 12 months, from 24,316 to 23,362. New listings over the same period were up 17.9%, from 33,286 to 39,227. This increase in new listings is consistent with an ongoing trend where the pace of new listings has been recovering after a prolonged period of sluggishness. 12,942 properties were available as of June 30, posting the second consecutive month of inventory decline after a seasonal high of 13,912 listings was posted in April. Months of supply, at 6.65, posted its third consecutive monthly decline since March when 6.98 months was posted. Through June 30th, the 12-month rolling average selling price was $819,541, up 3.1% from the preceding 12 months. The 12-month rolling average sales price has posted year-over-year increases for 45 of the past 48 months.

Although the pace of new listings and closed sales continue to trail historical norms, supply and demand are well within balance. A balanced market can have opportunities for both buyers and sellers; however, such a market can also pose challenges when it comes to making informed, confident decisions.

The expertise I can offer as a professional local Realtor® will lend clarity, an important factor when seeking to achieve the highest possible level of success.

We are pleased to announce that through June, John R. Wood Christie’s International Real Estate continues to rank as the top brokerage in total year-to-date sales volume and transactions in Southwest Florida!

Monthly Market Report - June 2024 Read Monthly Market Report - June 2024 by John R. Wood Properties on Issuu and browse thousands of other publications on our platform. Start here!

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Collier County launches drone show for the Fourth of July Collier County is stepping up its game this 4th of July with its first large-scale drone show.

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Let Freedom Ring!
🇺🇸 Happy 4th of July! 🇺🇸

July 2024 Events on the Paradise Coast | John R. Wood Properties July is a time of family fun, patriotic events, and diverse live entertainment on the Paradise Coast, with plenty to look forward to for all ages. Plan ahead for these July events.

Local Heroes day tomorrow at Margaritaville Beach Resort Fort Myers Beach! Teachers, First Responders and Healthcare Workers get a FREE day pass when you show your badge at the welcome cabana.

Bonus points if you join DJ Andy for a round of the cha-cha slide😆

📣 Excited to share with you!
🔑 Another month as a Top Producer 🔑
Thank you for your trust and allowing me to personally help you every step of the way.
🗯️ So tell me - what in the world can I do for you today?

In SWFL we don't dread Mondays - we find them Marvelous! Vote in the comments on which property you would love to spend your Marvelous Monday.
📍 (1) 14356 Harbour Landingds Dr 6C | Marina Front Condo
📍 (2) 270 Tropical Shores Way | Bayfront Oasis
📍 (3) 260 Primo Dr | Dream Oasis
📍 (4) 521 Estero Blvd | Build Your Paradise

Celebrate Juneteenth!
“It's an opportunity to both look back but to look ahead to make sure that that notion of freedom and the fragility of it is always protected and celebrated.” —Lonnie Bunch

Bonus Tip #4: Call me and I'll help you with Tips 1 thru 3. Ready to find your perfect paradise? I can help.

Storm season starts today! Are you ready? There is a sales tax holiday June 1st - June 14th so you can get ready now. Be prepared. More info -> https://rb.gy/pn80fy

Have you seen my spectacular listing on Fort Myers Beach?

Happy Memorial Day my friends and family!! On this Memorial Day, I am proud to be an American and I feel sorrow and gratitude for the brave men and women that selflessly gave up their precious lives for what we enjoy here today. So that those sacrifices are not made in vain, it is important to remember and honor them – today (and every day). Amen 🙏 ❤️🇺🇸

Achievements like this are impossible without your trust! Thank you!
🔑 Another month as a Top Producer 🔑
So tell me - what in the world can I do for you today?

Southwest Florida Market Perspective: After three consecutive months when year-over-year declines were posted, closed sales for April were up 4%. This uptick for April held true, not just for the Southwest Florida market at large, but also for its largest market areas including Naples, Bonita-Estero, and Fort Myers. The Naples market posted the most significant year-over-year increase for April, at 8%. On a 12-month rolling basis, closed sales for Southwest Florida through April 30th were down 5.1%, an improvement compared to the past three months when year-over-year declines ranging from 8 to 10% were posted. New listings for April were up 16% year-over-year and up 13% on a 12-month rolling basis; however, from a longer-term perspective, new listings have not yet returned to their pre-pandemic pace. New listings over the 12 months ending April 30 were down 9% compared to the average for 2017 through 2019. Months of supply was 6.98 months as of April 30th, moving little year-to-date, and remaining within the 6–12-month range which reflects balanced market conditions. At $812,206 as of April 30th, the 12-month rolling average closed sale price rose 2% compared to the preceding 12 months.

A historically slow pace of new listings has offset much of the decline in sales that has occurred since the pandemic-driven surge, bringing our overall market back to a state of balance rather than shifting to a buyer’s market. Although market conditions remain strong for sellers, they need to bear in mind that there’s no longer a shortage of inventory. Buyers have the luxury of choice, and a seller’s pricing should be in line with the most recent, relevant closed sales and be competitive with other available listings. Homes priced in-line with today’s market are selling, and serious buyers need to be positioned to recognize properly priced homes and act quickly, before others. Localized market conditions can be tough to gauge and can vary considerably by neighborhood, product type, and price segment; making the expert knowledge of a skilled Realtor® critical to a successful outcome for both buyers and sellers.

🌸 Compassion • Love • Strength 🌸
Happy Mother's Day to all playing a mothering role in the lives of so many. This day is for you!

Just a few of the reasons how I will help you if you're Buying or Selling any property anywhere in the world.

Let me help you find your perfect paradise in Southwest Florida. As a full-time Realtor and full-time Resident, I can help you identify the perfect place for your lifestyle and I can help you navigate the buying process.

WOW! Check out the all the shells in this awesome shot recently along Sanibel, Florida! 🐚🌴

Credit: Gina D Garver

Just another reason life in SWFL is awesome. Went out fishing with the family today and caught this gorgeous Jack along the Sanibel causeway. 🐟
🏖️ In case you weren’t sure, Sanibel and Fort Myers Beach are retuning to their former glory with several lodging, dining, shopping, and entertainment choices open and welcoming you. Plus these world famous beaches and waters are still stunning!
What’s your favorite fish to catch?

WHAT TO DO, WHERE TO GO - Fort Myers Florida Weekly “Olenna” is playing at the Florida Repertory Theatre through May 9. It’s a show that has so much emotion that it will leave you talking for weeks. COURTESY PHOTOS