Pelican Bay – Naples FL – The third quarter of 2012 real estate sales prices showed a decrease in the average sales prices from the same period in 2011 of all property types except Mid-rise condominiums, Single Family homes and Detached Villas. Here’s the detail report:
To view a clearer imagine of this report or to print this report CLICK HERE.
The good news is that in the 3rd quarter of 2012, Pelican Bay saw an increase in sales to 71 closed sales from 51 closed sales in 2011. The other good news is that the percentage of properties failing to sell, the expireds, decreased in all property types except for attached villas. I attribute the decrease in expired listings to Seller removing their properties from the market and the increase in sales.
To view the 3rd Quarter of 2011 Pelican Bay real estate prices CLICK HERE.
I am optimistic about this coming season. As of today, there are 278 properties for sale in Pelican Bay. We currently have an inventory of properties that could last 9 months. A “normal” real estate market is said to have an inventory that could last 6 months.
This coming rental season has been exceptionally strong. I do not handle rentals yet I receive phone calls on a daily basis from potential tenants looking for a 2013 seasonal rental in Pelican Bay. I feel that these potential tenants will turn into Buyers. They have been renting waiting for the market to bottom out before they buy. I predict that this coming season will be a busy real estate market in Pelican Bay.
Will 2013 be the year you decide to sell your Pelican Bay home? With interest rates so low, now is the time to think about moving up to a larger unit in Pelican Bay.
Should you be thinking of selling your home in Pelican Bay and want a candid assessment of what it would take to sell your home in today’s market, I would be happy to provide you with a free market evaluation. Feel free to call me at 239-594-2780 or e-mail me at Lynn@NaplesBuys.com.
Would you like to own a home in Pelican Bay? SEARCH HERE, once at the search page you can search by development, save your search and new listings will be sent to you.
Want to see what homes are selling for in Pelican Bay? Click here: www.LynnWilber.ListingBook.com
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About the author:
Lynn Wilber is a Real Estate Professional who lives in Pelican Bay. Her 34 years of real estate experience and her area expertise have been valuable resources to Pelican Bay Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail at Lynn@NaplesBuys.com or call 239-594-2780.
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