Pelican Bay stayed on top of their game as the premier community in the area in 2015. They made huge improvements at the north beach facilities and the Commons with more renovations in the works for the near future to keep Pelican Bay on top. Real estate sales set some records as the demand was high and the supply, particularly for villas and single family homes, was low. Here are some highlights:Bay Villas had a whopping 11 sales ranging from $417,00 for 2 bedroom villas needing TLC to … [Read more...]
Homes West of 41 – Year End Report
Market conditions were brisk for single family homes west of Route 41 in 2015. The supply was short and the demand was strong, so, of course, prices trended upwards but buyers were happy to pay what was necessary to get in the game. The neighborhoods that are the focus of this blog article are Seagate, Park Shore, Moorings and Coquina Sands - the area between Route 41 (Tamiami Trail) and the Gulf of Mexico, south of Pelican Bay and just north of Olde Naples. This has always been and will … [Read more...]
Naples, Fl – Market Reports / Supply and Demand
The latest reports from NABOR (Naples Area Board of Realtors) illustrate the effects of the economic law, "Supply and Demand". Home listings and closed sales are tracked each month with the reports reflecting trends month to month as well as comparing year to year figures. Overall, inventory dropped as much as 20 percent in some price categories and as a consequence, of course, prices have risen steadily. The Naples area real estate market is hyper-sensitive to location with the water, … [Read more...]
Naples FL – This Week’s Sales Activity Report (11/10/2012)
Naples FL Real Estate & Homes for Sale - This Week's Sales Activity Report I guess when the real estate market is active, not even the presidential election slows it down. Another busy week for home sales in the Naples area. More homes under contract this week than new listings. Thinking of selling your home? This is the time to get on the market while the inventory is still low. Thinking of buying a home in Naples? We recommend you make your choice now … [Read more...]
Naples FL – This Week’s Sales Activity Report (9/29/12)
I think I am onto something important here. In our report for 9/15/2012 we reported 22 sellers increased their asking price, by the 9/22/12 report, 36 sellers increased their price - this last week 49 did ! We have not started our season yet, but these sellers who have been waiting the last 4 years are now taking advantage of the low inventory and the high sales activity and not waiting for the winter buyers. Thinking of selling your home? This is the time to get on the market while the … [Read more...]
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