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Posts Tagged ‘Naples Beach real estate prices’


Pelican Bay – Naples, FL –  What is happening with the prices on low-rise condos in Pelican Bay?  I was working on this question today so I decided to share my findings with you.  The median price of a low-rise condo in Pelican Bay at year end 2015 was $492,500.00.  From January 1, 2016 – August 29, 2016 the median price of a low-rise condo is $595,000.00 which is an increase of 20.81%!

2016 01-08

Low-Rise condo average and median sale prices  in Pelican Bay January 1, 2016 – August 29, 2016

In the process of looking at the above figures, I also looked at the 12-month period ending June 2016 for sold condos in all of Naples.

2nd Quarter 2016 Naples Condo Stats 

You’ll note on the 2nd quarter report that 62.84% of all condo sales in Naples were in the 0-300K price range.  The Naples Beach area accounted for 21.37% of all the condo sales and had a median price of $625,000.00.  The median price of a low-rise condo in Pelican Bay is $595,000.00.   Pelican Bay currently has 47 low-rise condos on the market.  There have been 8.5 sales a month since the beginning of 2016 for low-rise condos in Pelican Bay. This gives us an absorption rate of 5.5 months.   A “normal” market has an absorption rate of 6 months.

I was curious to see what the percentage difference was in the median price between a 2 bedroom plus den vs a 3 bedroom low-rise condo in Pelican Bay.  It turns out that the median price of the 3 bedroom low-rise in Pelican Bay is 16.7% higher than the median price of a two bedroom plus den low-rise in Pelican Bay.

Pelican Bay is truly an amazing place to live. If you are thinking about owning a second home in Pelican Bay, call me. I’d be delighted to help you find your place in paradise.

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. 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.

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Pelican Bay- Naples, FL – Have you been waiting for a unit to come on the market in San Marino?  I just listed this sunny, sparkling clean, meticulously cared for lovely 3 bedroom, 2 bath first floor unit with an enclosed lanai and a golf course view! 

The kitchen and both baths have been updated.  The lanai off the kitchen is screened and glassed to a cozy family room with golf course views. This unit includes crown moldings. The lanai off master bedroom screened and glassed for a comfortable sitting area. San Marino is one of the shortest walks to the tram stop in Pelican Bay. San Marino is impeccably maintained with club house, workout room, spa and extra-large pool for just 88 units. Walk right to the beach or to nearby Tram Stop 6 to be whisked away to Marker36 restaurant and beach. Pelican Bay is Naples’ premier beachfront community, offering members a lifestyle unique in southwest Florida. Besides private beach and dining, exclusive amenities include tennis courts and pro shops, full service community and fitness center, canoes and kayaks and wellness studio. Have pets? San Marino is pet friendly for two dogs of less than 45lbs.

Take a moment to view this unit:

For more detailed information go to–> 6860 San Marino DR 405C

If you or any of your family or friends would like to personally view this unit, please give me a call at 239-594-2780.  I’ll be happy to set up a showing appointment for you!

Pelican Bay is truly an amazing place to live. If you are thinking about owning a second home in Pelican Bay, call me. I’d be delighted to help you find your place in paradise.

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.

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Pelican Bay – Naples, FL – Looking for your piece of paradise? I just listed this lovely San Marino unit which features a rarely available first floor, three bedroom, two bath floor plan plus an ideal location; directly across from the walking path to the private Pelican Bay beach facilities. Inviting living and dining room opens to enclosed lanai with views of tropical landscaping.  Beautifully upgraded kitchen and appliances include granite counters, wood finish cabinets. The master suite has an enclosed lanai and a large, updated bath. This unit includes crown molding, custom paint and window treatments and convenient one-car attached garage.

San Marino is impeccably maintained with private pool and spa, workout facility and club house. New lighting adds charming accents to the brick-paved driveways and individual unit entrances. You can walk to the beach or nearby tram station 6 and hop on the tram to be whisked away to Marker36 restaurant and beach. Pelican Bay is Naples’ premier beachfront community, offering members a preeminent lifestyle unique in southwest Florida. Exclusive amenities include private beaches and dining, tennis courts and pro shops, full service community and fitness center, canoes and kayaks and wellness studio. Have pets? San Marino is pet friendly allowing two dogs less than 45 lbs.

To view more information about this lovely unit including photos click here: 6865 San Marino 304C. This unit is offered at $734,9000.00.

Pelican Bay is truly an amazing place to live. If you are thinking about owning a second home in Pelican Bay, give me a call at 230-594-2780. I’d be delighted to help you find your place in paradise.

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.

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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.

2012 and 2013 YTD Low Rises Pelican Bay Sale Prices

 

 

 

 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

 2012 & 2013 Mid Rises YTD Prices

 

 

 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

2012 & 2013 YTD High RisesPrices in Pelican Bay

 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

2012 AND 2013 YTD Single Family Home Prices in Pelican Bay

 

 

 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

2012 and 2013 YTD  ATTACHED Villa Sales Prices

 

 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

2012 and 2013 YTD DETACHED Villas in Pelican Bay Sale Prices

 

 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.

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.

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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!

Sandpiper Beach Pelican Bay Naples FL

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.

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Glencove – Pelican Bay – Naples, FL – My Sellers at 5805 Glencove #706, located in the unique beach community of Pelican Bay in Naples FL,  have instructed me to reduce the price of their unit from $359,900.00 to $349,900.00. To view a virtual tour of this lovely unit, click here: http://bit.ly/XlIu5R  If you are looking for a 3 bedroom condo in Pelican Bay, this unit has lots of space and is close to The Philharmonic and the south beach tram stop.  Need more information? Feel free to call 239-594-2780 or e-mail me at Lynn@NaplesBuys.com I’d love to show this unit to you!

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 35 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 | Google| Website | Twitter| FaceBook

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Thinking of purchasing a vacation home in Pelican Bay? Before you start your home search, it is always a good idea to speak to a lender.  Mortgage guidelines have changed.  You may think you will have no problem obtaining a loan only to discover you may have problems getting the mortgage amount you wanted.  You might want to take a moment to read this article.

Getting a vacation-home loan: no day at the beach.

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 35 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 | Google| Website | Twitter| FaceBook

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