NAPLES, Fla. (April 24, 2013) – Home and homesite sales at Mediterra topped $50 million for the first quarter, surpassing half of all 2012 sales in only three months.
“Sales at Mediterra signify the strong return of luxury homebuyers to Southwest Florida,” said Mark Wilson, president of London Bay Homes, which manages new home sales and marketing at the 1,700-acre master-planned community.
The market rebound was confirmed in recently released sales figures from the Naples Area Board of Realtors, which reported double-digit increases in closed and pending sales in the area’s $1 million to $2 million range from first-quarter 2012 to the first three months of 2013.
“NABOR also noted the continuing decline in inventory and an increase in home prices, which we believe were a major influence for buyers this season,” said Wilson. “Luxury homebuyers realized that the Naples market is past its bottom and decided now was the time to make their purchase. They tell us they bought in Mediterra because the incomparable amenities add value to their home and add enjoyment to their lifestyle.”
NABOR reported the median sales price for homes in the $1 million-to-$2 million and $2 million-plus categories increased by $35,000 and $187,000, respectively. In February alone, pending sales were up 23 percent in the $2 million-plus range.
The 1,700-acre master-planned Mediterra community is the seven-time winner of the Collier Building Industry Association’s Sand Dollar Award for Community of the Year. Mediterra offers an array of lifestyle amenities, including the member-owned Club at Mediterra with two Tom Fazio-designed championship courses and the private 10,000-square-foot Beach Club on the Gulf of Mexico, featuring an elevated swimming pool, casual dining with a full bar, and valet service for beach chairs, umbrellas and beverage and food menus.
Mediterra’s onsite amenities include themed neighborhood parks; eight miles of walking and jogging trails; a fitness complex with tennis and bocce courts, swimming pool and spa services; and the 25,000-square-foot clubhouse offering formal and casual dining prepared by a staff of award-winning culinary experts.
Mediterra’s Golf Learning Center offers indoor and outdoor hitting stations, video equipment with launch monitor, a 2.5-acre short game practice complex with three greens, and a staff of certified PGA professionals. Membership opportunities at Mediterra are limited to just 225 members per 18 holes.
Planned for fewer than 950 homes, Mediterra’s master plan includes more than 1,000 acres dedicated to open space with golf, parks and nature preserves. All of the community’s amenities are membership-owned.
Available home designs in Mediterra include single-family estate homes and single-family maintenance-free villas priced from the $700,000s to more than $7 million.
For more information about Mediterra, visit www.ExperienceMediterra.com, call toll-free 866-954-8939, or visit Mediterra, located on Livingston Road, two miles north of Immokalee Road and west of I-75. The award-winning Mediterra Sales Gallery, which offers Mediterra Realty for resales within the community, is open daily.
*Image of London Bay Homes' Capriano model under construction in Lucarno
