How many times have we heard our buyers say “I want to buy at the bottom”? Too many times to count. No one can tell when the bottom is, till it has passed. So for all of you fans of the Naples Park community, who have been waiting for the bottom, it just happened. So lets look at the latest numbers, compare and see how well Naples Park has done.
For those of you who have not discovered this area – Naples Park is the one and only development in the whole of Naples that offers single family homes, that are walking distance to beach, under $250,000. It is also one of the very few that offer home choices between the price of $135,000 for a 2 bedroom older home to the luxury newer construction with canal views at $950,000+ so whatever your budget, there is a home in Naples Park with your name on it. Known for its diversity, for the relaxed lifestyle, to its close proximity to everything that counts, and for the fun and active Vanderbilt Beach.
Following the progress in Naples Park – Market Report as of 2/17/2012
· 131 Total homes sold in 2010 – 141 Total Homes sold 2011 (+ 7 1/4 %)
Lowest Price in 2010 $62,000 – Lowest Price in 2011 so far $64,000
Higest Price in 2010: $488,400 – Highest Price in 2011 $849,500
Average Price in 2010: $164,239 – Average Sales price in 2011 $192,220 (+14%)
· Some interesting facts:
38 homes are currently under contract: Lowest $60,000 – Highest $469,000
16 Home sales closed since Jan 1, 2012 (lowest sold price $85,000 – Highest sold price $225,000)
22 of the homes sold in 2011 closed at above asking price
13 of the homes sold in 2011 closed at the full asking price.
While 2010 was constantly running at approx 123 homes for sale in any month, as of today there are only 72 homes for sale in Naples Park – that is ONLY 6 MONTH SUPPLY.
If you are considering buying a home in Naples Park, this is what you have been waiting for – Call Us Today to discuss your options – Tim @ 239-2727-4848 or Ellie @ 239-776-5077
We specialize in waterfront, beachfront and all properties within walking or biking distance to our pristine beaches!
View our beautiful listings in Naples Park: