Pelican Bay – Naples, FL – Curious about how sales prices fared in Pelican Bay from 2012 to 2013? Let’s take a look at the 2012 and 2013 YTD sales prices by building design.
LOW RISES – The chart below tells us that the average and median sales prices for low rises in Pelican Bay rose from 2012 to 2013.
|
Low Rises |
2012 |
2013 |
| # of Sales |
108 |
107 |
| Median Sales Price |
$385,000.00 |
$389,000.00 |
| Average Sales Price |
$421,000.00 |
$459,539.00 |
| Days on Market |
213 |
161 |
There was a dramatic drop in the number of days on the market from 2012 to 2013. While Average Sales Prices increased the Median Sales Prices went up only marginally.
MID-RISES
| MID-RISES | 2012 | 2013 |
| # of Sales | 34 | 31 |
| Median Sales Price | $425,000.00 | $490,000.00 |
| Average Sales Price | $468,203.00 | $509,852.00 |
| Days on Market | 226 | 171 |
HIGH RISES
| HIGH-RISES | 2012 | 2013 |
| # of Sales | 143 | 174 |
| Median Sales Price | $950,000.00 | $966,000.00 |
| Average Sales Price | $1,284,135.00 | $1,302,558.00 |
| Days on Market | 249 | 212 |
SINGLE FAMILY HOMES
| Single Family Homes | 2012 | 2013 |
| # of Sales | 39 | 33 |
| Median Sales Price | $1,300,000.00 | $1,218,500.00 |
| Average Sales Price | $1,367,962.00 | $1,251,288.00 |
| Days on Market | 215 | 202 |
ATTACHED VILLAS
| ATTACHED VILLAS | 2012 | 2013 |
| # of Sales | 17 | 22 |
| Median Sales Price | $700,000.00 | $707,500.00 |
| Average Sales Price | $869,088.00 | $725,989.00 |
| Days on Market | 171 | 141 |
DETACHED VILLAS
| DETACHED VILLAS | 2012 | 2013 |
| # of Sales | 21 | 15 |
| Median Sales Price | $1,275,000.00 | $1,100,000.00 |
| Average Sales Price | $1,188,452.00 | $1,266,200.00 |
| Days on Market | 178 | 133 |
From 2012 to 2013 average sales prices were up in all building designs except for Attached Villas and Single Family Homes. High Rises saw a jump in number of sales from 143 to 174.
This season started out with a bang and has moved well. I’ve seen a decrease in inventory in almost all building designs in Pelican Bay as well as a plethora of properties selling well over a million dollars. I have not seen this in a very long time.
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.
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
Want to see what homes are selling for in Pelican Bay? Click here: HOME SALES. If you are planning on selling your Pelican Bay home, I would be happy to give you a candid assessment of the Pelican Bay real estate market.
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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.
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