In cool market, luxury homes still hot sellers

In cool market, luxury homes still hot sellers

Last year wasn’t bad for Naples Realtors Bruce Babcock and Merry Coolidge.

While many others struggled to sell homes in 2006, the duo at John R. Wood Realtors made the biggest sale through the Multiple Listing Service in 2006.

In November, they sold a waterfront estate in the exclusive neighborhood of Port Royal for $14.9 million. It was far from the only multimillion-dollar sale made last year.

Luxury homes continue to move, despite a cooling in Southwest Florida’s once red hot real estate market.