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Posts Tagged ‘2017 First Quarter Low Rise Prices in Pelican Bay Naples FL’


Pelican Bay – Naples, FL –   What is happening in the  low-rise condominium market in Pelican Bay?  Let’s take a look at the first quarter 2016 low-rise closed sales and compare those numbers with the 2017 first quarter closed sales.

LOW-RISES

2016

2017

# of Sales

25

29

Average Sales Price

$648,120.00

$660,448.00

Median Sales Price

$639,000.00

$540,000.00

You can see that there was a modest increase in the average sales price and number of units sold in the first quarter of 2017.  The median sales price did take a bit of a dip.

As of today, there are 53 low rise units on the market in Pelican Bay.  We are in a “normal” market with an inventory that could last 6 months. If you are planning on selling a low-rise condo in Pelican Bay it is important to keep yourself up-to-date with current market conditions.  I don’t really think this is the time for Sellers to get too aggressive with their pricing if they really want to sell.

Looking to buy in Pelican Bay? Click here: HOME FOR SALE. Enter zip code 34108 and your search criteria.

If you are thinking of selling your Pelican Bay home, please give me a call at 239-594-2780 or email me at Lynn@NaplesBuys.com.  I’d be happy to discuss all the latest statistics and explain what they may mean to you.

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.

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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 39 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 atLynn@NaplesBuys.com or call 239-594-2780.

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