Second Quarter Gulf Shore Boulevard 2019 Market Review

Dated: 08/06/2019

Views: 187

The Samuel Team at John R. Wood Properties is pleased to present the Gulf Shore Boulevard Q2 2019 Market Review.

Gulf Shore Boulevard sales for the second quarter of 2019 were up 12.8% compared to the same period last year from 89 to 97 sales. Bayfront sales accounted for the overall increase with a 54.6% gain over last year. Beachfront units, with 63 sales reported, fell just one sale short of the same period last year.

As of July 1st, at 7.04 months, overall months of supply was down 19.1% compared to the same date last year. Supply for beachfront units was down 15.5% from 8.96 to 7.56 months, while supply for bayfront units fell by 26.9% from 7.85 to 5.74 months. 

The Increased buyer demand and drop in months of supply, particularly for bayfront units, are encouraging signs. We will continue to keep you abreast of market conditions in this important market segment.

Click below to view the full report:

To view Gulf Shore Boulevard area listings, click here: 

Blog author image

Rowan Samuel

Rowan Samuel has lived many lives. Originally from Zimbabwe (Rhodesia), he and his family immigrated to the U.S. in 1980 to escape the brutal Mugabe regime - they lost everything when they came to Am....

Want to Advertise on this Site?

Latest Blog Posts

Just Listed In Hacienda Lakes 414000

Click here for more information on this great home in Hacienda.

Read More

A Stunning Barefoot Beach Villa For Sale

The Samuel Team at John R. Wood Properties is pleased to announce our newest listing at 149 Barefoot Circle in Barefoot Beach Bonita Springs Florida.  Just listed for $2,900,000.There are

Read More

October 2019 Monthly Real Estate Report

October 2019 Monthly Real Estate Report for Naples, Estero/Bonita and Marco IslandWith a 6.6% increase in year-over-year monthly sales, October is the fourth consecutive month posting an increase

Read More

Introducing Eleven Eleven Central In Naples Florida

Are you enamored with Fifth Avenue and downtown Naples, Florida?  Do you enjoy “city life” – walking to shops, restaurants, cycling greenways, walking nature trails?  Do you also

Read More