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Posts Tagged ‘Naples Florida Real Estate Statistics’


Pelican Bay – Naples Florida – The Naples Board of Realtors recently released the September 2012 real estate statistics.  While these statistics might not be specific to Pelican Bay, it is always a good idea to view the entire real estate market.  Buyers today look at many different areas before making a decision. Let’s take a look at the 12-month period ending 9/2012 for condominiums and single family homes.

CONDOMINIUMS BY PRICE

SOLD PRICE RANGES % OF SALES
$0-$300K 73.5%
$300K – $500K 12.1%
$500K – $1M 9.5%
$1M – $2M 3.7%
$2M+ 1.1%

Median Price increased from $160K to $165K

Average Day on Market increased from 175 to 182

CONDOMINIUMS BY AREA

AREA % OF SALES MEDIAN SOLD PRICE AVERAGE DAYS ON MARKET
Naples Beach 24.7 452K 239
North Naples 29.0 168K 160
Central Naples 19.1 115K 166
South Naples 17.4 115K 168
East Naples 9.8 190K 177

Pelican Bay is considered the Naples Beach area.  By looking at these charts for condominium, you can see that if you have a condo to sell in the Naples Beach area, the median sales price is currently $452,000.00 taking an average of 239 days to sell. As the median sales price in all of Naples is $165,000.00 with 73.5% of all sales under $300,000.00, I think you can see why the market time is so high for the Naples Beach areas.

SINGLE FAMILY HOMES

SOLD PRICE RANGES % OF SALES
$0-$300K 61.9%
$300K – $500K 16.3%
$500K – $1M 12.2%
$1M – $2M 5.9%
$2M+ 3.8%

Median Sales Price increased from $212,000.00 to $229,000.00

Average Days on the Market decreased from 168 to 165

SINGLE FAMILY HOMES BY AREA

AREA % OF SALES MEDIAN SOLD PRICE AVERAGE DAYS ON MARKET
Naples Beach 16.1% 595K 211
North Naples 24.1% 350K 165
Central Naples 19.8% 150K 152
South Naples 12.5% 163K 173
East Naples 26.6 137K 149

Once again, you can see why the market time for the Naples Beach area is so high in comparison to the rest of the market. Since the median sold price in the Naples Beach area is $595K, it is much higher than the median sold price for all of Naples.

The good news in looking at all these reports is that the inventories in both condominiums and single family homes are decreasing in Naples.  Multiple offers are happening in the lower price ranges.

Will 2013 be the year you decide to sell your Pelican Bay home? With interest rates so low, now is the time to think about moving up to a larger unit in Pelican Bay. 

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 would be happy to provide you with 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, save your search and new listings will be sent to you.

Want to see what homes are selling for in Pelican Bay?  Click here: www.LynnWilber.ListingBook.com

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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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 34 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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