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Posts Tagged ‘How much are condos in Pelican Bay’


Pelican Bay – Naples FL – I ran across this article this morning and thought it might prove helpful to people who have inherited a place here in Pelican Bay.

Source: Sellers who inherited a house have unique problems

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.

If you are thinking of selling your Pelican Bay unit, please call me before you do any major remodeling. I’d be happy to discuss current market conditions and give you selling tips. I have a list of buyers who are looking for specific units in Pelican Bay. I’d be happy to discuss not only the pricing in your subdivision but the pricing for condo and homes in Pelican Bay and in Naples to see how your home fits into the equation.

Do you have some photos of Pelican Bay you would enjoy sharing? Are you a member of FaceBook? Login in and join the Pelican Bay Facebook Group. You can post photos, videos and experiences about Pelican Bay on this page.

Care to comment on this post? 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 40 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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Pelican Bay – Naples, FL – Have you been considering purchasing a condo in Pelican Bay?  No matter where you may decide to ultimately purchase, it is a good idea to research the community you wish to live.  You might want to talk to the residents.  You definitely want to read over the condominium documents and study other data before you buy.

The Florida Association of Realtors has come up with 20 questions to ask when buying a condo.  These are great questions to check as you embark on your condo search.  Click on the link below to bring up the questions and print them out.

20 Questions to Ask when Buying Condo

Your Realtor should be able to help you obtain the answers to any of your questions.  Here’s a sunset photo for you to enjoy while you think about a purchase in Pelican Bay.

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.

Do you have some photos of Pelican Bay you would enjoy sharing? Are you a member of FaceBook? Login in and join the Florida Beaches and Spectacular Sunsets. You can post photos, videos and experiences about Pelican Bay on this page.

Care to comment on this post? 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 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.

YouTube Linkedin | Website | Twitter | FaceBook | Reviews

 

 

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Pelican Bay – Naples, FL –  Pelican Bay offers a variety of building designs for its buyers.  A low-rise building design is one with 1-3 floors.  Some low-rises have carports; some have attached or detached garages. There are different views and floor plans to appeal to all sorts of buyers.  Let’s take a look at how the low-rise building design fared in terms of pricing from 2015-2016. 

Average Sales Price Median Sales Price Days on Market
2015 $544,189.00 $492,500.00 113
2016 $589,451.00 $560,000.00 148

In 2015 there were 112 low-rise sales.  2016 saw 91 sales.

As of today, there have been 11 closed sales with an average sales price of $703,818.00 and median price of $755,000.00.  There are currently 19 pending sales with an average price of $656,503.00 and a median price of $565,000.00.  We have 68 active listings that represent an inventory that could last 8.77 months.  A “normal” market has 6 months of inventory.

In 2015 low-rise sellers were obtaining 94.13% of their original asking price.  2016 saw sellers receiving 93.14% of their original asking price.  Since January 1, 2017 sellers are receiving 92.07% of their original asking price.  While low-rise numbers show in increase in sales price, I have seen more listings fail to sell and price reductions than I have seen in a long time.

The 2016 YTD Naples condominium real estate statistics show a slow down in the market for  and an increase in inventory.

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.

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

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? Are you a member of FaceBook? Login in and join the Florida Beaches and Spectacular Sunsets. You can post photos, videos and experiences about Pelican Bay on this page.

Care to comment on this post? 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 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.

YouTube | Linkedin | Website | Twitter | FaceBook | Reviews

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Pelican Bay – Naples, FL – Today found me setting up showing appointments for out of town Buyers that are coming in on Monday and working on a market evaluation for a Seller who owns a low-rise in Pelican Bay.  In the process of doing the market evaluation, I calculated the real estate statistics for low-rises in Pelican Bay for the third quarter of 2014 in comparison to the third quarter of 2015. Here’s what I discovered:

3rd Quarter Stats

2014

2015

# of Sales

21

21

Average Sales Price

$409,137.00

$574,262.00

Median Sales Price

$388,000.00

$515,000.00

Days on Market

187

100

Close Price to List Price Ratio

94.1%

94.3%

It amazed me that we had the exact number of sales in both third quarters!  What is interesting is the jump in both the average and median sale prices for the quarters.  The days on the market decreased substantially from 2014 to 2015. Sellers are still getting roughly 94% of their asking prices.

As of today, there are only 27 low-rise listings on the market in Pelican Bay. That’s pretty slim pickings for Buyers and good news for Sellers.

Thinking of selling a home in Pelican Bay? Call or e-mail me at 239-594-2780 or Lynn@NaplesBuys.com  I’d be happy to discuss how much your home is worth in today’s market.

Looking to buy in Pelican Bay? Click here: HOME FOR SALE.

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? Are you a member of FaceBook? Login in and join the Florida Beaches and Spectacular Sunsets. You can post photos, videos and experiences about Pelican Bay on this page.

Care to comment about this post? 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 37 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.

YouTube | Linkedin | Website | Twitter | FaceBook

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Pelican Bay – Naples, FL – Pelican Bay’s inventory is at a low point which has upped Buyer demand.  Have you been thinking of selling your Pelican Bay home?  I read this article today and thought I’d share it with you:

To Sell or Not to Sell? 5 Signs it’s Time to List Your Home – http://blog.rismedia.com/2015/5-signs-its-time-to-list-your-home/.

Thinking of selling a home in Pelican Bay?  Call or e-mail me at 239-594-2780 or .  I’d be happy to discuss how much your home is worth in today’s market.

Looking to buy in Pelican Bay? 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.

Would you like to subscribe to Pelican Bay updates? E-mail me atLynn@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 to posts photos, videos and experiences about Pelican Bay.

Care to comment about this post? 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 37 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.

YouTube | Linkedin | Website | Twitter | FaceBook

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Pelican Bay – Naples, FL – It’s been a busy week for me.  I just listed a sunny, squeaky clean two bedroom plus den first floor unit with an attached one car garage in San Marino in the unique beach community of Pelican Bay.  San Marino is smaller community in Pelican Bay that is directly across the street from the beach walk down to the Marker 36 beach.  San Marino is also a pet friendly community allowing two dogs under 45 pounds.

If you’d like to see photos of the unit, a floor plan and more information click here —> Just Listed San Marino

As this listing is not in the Multiple Listing Service (MLS) please call 239-594-2780 or e-mail me Lynn@NaplesBuys.com should you have any questions or wish to view the home.

If you owned in San Marino you could be enjoying sunsets at Marker 36 Beach like this…….

Ready to see  your special sunset in Pelican Bay?

Ready to see your special sunset in Pelican Bay?

Thinking of selling a home in Pelican Bay?  Call or e-mail me at 239-594-2780 or Lynn@NapesBuys.com.  I’d be happy to discuss how much your home is worth in today’s market.

Looking to buy in Pelican Bay? 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.

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 to posts photos, videos and experiences about Pelican Bay.

Care to comment about this post? 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 37 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.

YouTube | Linkedin | Website | Twitter | FaceBook

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Pelican Bay – Naples, FL – Is anyone else having trouble believing we are just a few weeks out until Thanksgiving? If you live in Pelican Bay, are you expecting company over Thanksgiving? Pelican Bay is definitely a beautiful place to live and I’ve found that it also attracts friends and family members.

Wondering what has been happening with real estate prices in Pelican Bay?  Let’s take a look at the numbers for the third quarter of 2014 compared to last year’s statistics for the third quarter by building design.

LOW – RISES

2013

2014

# of Sales

41

29

Average Sales Price

$456,948.00

$420,410.00

Days on Market

149

176

% List to Sale Price Difference

5.6%

5.16%

Note the smaller numbers of sales in the third quarter of 2014 to the number in 3013. Part of this decline is due to limited inventory.  Days on the market have inched up a bit and the average sales price has declined.

MID – RISES

2013

2014

# of Sales

10

16

Average Sales Price

$468,700.00

$606,125.00

Days on Market

132

181

% List to Sale Price Difference

4.51%

5.96%

The number of sales for mid-rises in the third quarter of 2014 increased along with the average sales prices. Days on the market have increased over 2013.

HIGH – RISES

2013

2014

# of Sales

49

35

Average Sales Price

$1,295,894.00

$1,485,476.00

Days on Market

241

251

% List to Sale Price Difference

5.12%

5.43%

The number of sales have decreased but the average sale price has increased. Days on the market have also increased.

SINGLE FAMILY

2013

2014

# of Sales

13

9

Average Sales Price

$1,256,942.00

$1,727,944.00

Days on the Market

302

139

% List to Sale Price Difference

5.19%

6.22%

The average sales price has increased for single family homes in Pelican Bay over last year’s figures. The number of sales has decreased. Note that this is a small amount of sales to compare.

VILLAS ATTACHED

2013

2014

# of Sales

6

7

Average Sale Price

$675,708.00

$1,289,500.00

Days on the Market

55

232

% List to Sale Price Difference

5.97%

4.52%

These statistics are interesting in that the average sale price increased so much in comparison to 2013 figures. Once again the number of sales represented is a small amount to compare.

VILLAS DETACHED

2013

2014

# of Sales

5

6

Average Sale Price

$1,290.100.00

$1,593,333.00

Days on the Market

NA

114

% List to Sale Price Difference

9.01

3.08%

While the average sale price has increased this represents a small number of sales.

Season has started and Buyers returning to the market are finding the inventory of listings has decreased.  In my opinion some Owners are still waiting for prices to increase on their units to what they paid for them during the market boom.  I also think last winter was the straw that broke the back for some Owners who decided they’d had it with winter, sold their Northern homes and moved into their Pelican Bay units that they used to rent in season. This in turn has decreased the amount of seasonal rental units in Pelican Bay. If you just started to try to rent a unit in Pelican Bay for the 2014 season, I wish you luck.

If you are thinking of selling your Pelican Bay unit, please give me a call.  I actually have Buyers looking for units in Pelican Bay. 

Do you have any questions on the above statistics? Please feel to call me at 239-594-2780 to discuss your concerns.

If you are a Pelican Bay resident, have you signed up for Summit Broadband service? Pelican Bay makes the change from Comcast to Summit Broadband in February 2015. For information on how to contact Summit and set up an appointment to check your cable connectors click here—> Summit Broadband

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.

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 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.

YouTube | Linkedin | Website | Twitter | FaceBook

 

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