Pelican Bay – Naples, Florida – I have just finished compiling the Pelican Bay real estate statistics for the first quarter of 2013. This past season has been a busy one so let’s see how the numbers looks in comparison to the first quarter of 2012. You might be surprised to see what happened!
FIRST QUARTER |
2013 |
2012 |
# Units Sold |
93 |
69 |
Average Days on Market |
179 |
197 |
Median List Price of Solds |
$725,000.00 |
$549,000.00 |
Median Sold Price |
$675,000.00 |
$525,000.00 |
% List to Sale Differential |
7.04% |
7.73% |
# Units Not Sold |
48 |
68 |
With this CMA Statistics Report you can see at a glance that the number of units sold increased along with the median prices. In addition, the average days on the market has decreased along with the list to sale differential. As of today, there are 190 active listings on the market in Pelican Bay. Between 3/31/2012 -3/31/2013 there have been 379 closed sales. This means that Pelican Bay has an inventory that could last 6 months. A “normal” market according to the National Association of Realtors is a market that has a 6 month inventory!
If you take a moment to click on the Closed Listings Report, you will see the popular price ranges stand out. 16 sales were under $399,900.00, while 16 sales were between $1,000,000.00 – $1,499,999.00. That’s a bit over a third of all the 93 sales!
The Market Statistics Report breaks down the sales by building type. Out of the 93 sales that occurred in the first quarter of 2013, FORTY-NINE of those sales were high-rise sales. That’s a little over half of all the sales in the first quarter of 2013!
The Market Statistics Report also shows us that the percentage of unsold listings decreased in every building type except for single family homes and attached villas. Average sales prices for the first quarter of 2013 increased in low rises and attached villas increased as compared to the first quarter of 2012.
Have you been thinking of selling your Pelican Bay property? Based on these figures you may want to think about putting your on the market. Our inventory is decreasing and our sales our increasing.
Are you waiting to purchase a home in Pelican Bay? Based on these numbers, you might not want to wait too much longer.
Pelican Bay is a beautiful beach community that offers different homes at all sorts of price points. Why not start investigation this community to see if you want to call it home!
Wondering what the rest of the real estate market looks like in Naples? Here’s the April 2013 statistics.
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 am happy to give you 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 and save your search. You will receive new listings on a daily or weekly basis.
Want to see what homes are selling for in Pelican Bay? Click here: HOME SALES.
Would you like to subscribe to Pelican Bay updates? E-mail me at Lynn@NaplesBuys.com and I will add you to the subscription list. Please know that I will keep your e-mail address private.
Do you have some photos of Pelican Bay you would enjoy sharing? If you are a member of FaceBook, you can login in and join the Florida Beaches and Spectacular Sunsets on FaceBook to posts photos, videos and experiences about Pelican Bay.
Care to comment about living in Pelican Bay? Just click on the ADD COMMENT link at the end of this entry.
Please note that I receive no compensation for mention of any businesses or events.
About the author:
Lynn Wilber is a Real Estate Professional who lives in Pelican Bay. Her 36 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.
It’s difficult to find knowledgeable people on this topic, however, you sound like you know what you’re talking
about! Thanks
LikeLike