Luxury Home Market in Collier County Flourishes in 2018
The beachfront estate at 2500 Gordon Drive, with 9,394 square feet of space, was listed at $60.9 million.
It’s been a challenging year for Southwest Florida.
Especially with such obstacles to overcome as recovering from Hurricane Irma, which hit in 2017, and the more recent crises of red tide and algae blooms along our coasts.
But in 2018, the luxury home market still managed to flourish in Lee and Collier counties and even broke records despite all the setbacks.
More: Priciest SWFL home that sold for $48.8 million in June has been demolished
More: Big homes sold for big bucks in Southwest Florida, breaking records in Collier and Lee.
In June, the priciest home to ever sell in Southwest Florida , was a six-bedroom, nine-bathroom mansion in Port Royal that sold for $48.8 million.
Last year’s most expensive home that sold in Collier was a six-bedroom custom estate home at 3750 Rum Row in Port Royal for $17.7 million. And in 2016, a Port Royal home that sold for $15.15 million was the winner.
Lee County's biggest home sale in 2018 was a home at 4561 Shore Lane in Boca Grande that sold in August for $9.5 million.
In 2017, the most expensive home to sell in Lee County was a four-bedroom beachfront home on Sanibel Island for $7.2 million. And in 2016, a home on Captiva sold for $16.3 million.
In Collier, there were 16 homes that sold for more than $10 million in 2018. That compares to 11 that sold in 2017, according to property data.
For information about building in Collier County (Naples and Marco Island) call Nick Cornwell at 239.776.5076 or email Nick at Nova Homes of South Florida at BuildNow@NovaHomesBuilder.com. Nova Homes offers the finest home values in Southwest Florida. Homes are priced from the $200s to over $2 million.