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Posts Tagged ‘rentals in pelican bay’

Dogs in Pelican Bay

Posted in Pets in Pelican Bay, tagged , , , , , , , , , , , on July 16, 2015| Leave a Comment »


Pelican Bay – Naples, FL – Strange enough it seems as if I’ve become the dog whisperer of Pelican Bay. Some years back my tolerance level for waiting for the MLS to update the pet search fields cracked. I hired my nephew to create a list of all the subdivisions in Pelican Bay listing the pet restrictions for owners and tenants.  Find this list by clicking on Pet Policies in Pelican Bay.

Ben and Jenny pictured below and their owners are looking to buy a first-floor condo in Pelican Bay.  They would love to find one in San Marino!

Ben and Jenny are looking for condo in Pelican Bay

The Pet Field is a drop down menu, it should be easy to fill out and search. Why is it so hard for a Realtor to search by the Pet Field in the MLS? 

  • The Pet Field is not a required field. – This means that an agent doesn’t have to fill in this field.
  • If the listing agent does decide to fill out the Pet Field, most of the time they choose WITH APPROVAL from the drop down menu.  This does not need any further action by the listing agent but does involve a tremendous amount of work by the Buyer’s agent.  The Buyer’s agent must call each listing agent or each property management office to find out the pet policy.
  • If the listing agent does decide to fill out the Pet Field with LIMITS, the agent must fill in the number of pets and the weight rule. This information comes from rules and regulations of the subdivision.  The listing agent should call the property management company to get the information if the rules are not available. 
  • Two other choices given in the drop down Pet Field menu are NOT ALLOWED & NO APPROVAL NEEDED.

In a perfect world, you would think that every listing agent would fill in the Pet Field with the proper information.  As of today, Pelican Bay has 70 listings. 30 of these listings read WITH APPROVAL.  Just by glancing at the WITH APPROVAL list, I know 16 of these listings have defined limits on pets.

Can you tell that this issue is a PET PEEVE of mine? A listing agent once told me that I shouldn’t have sent her an e-mail inquiring about the pet policy of her listing, I should have called her.  This was after I had made over 20 phone calls!  To say I was ready to strangle this clueless agent is an understatement. (Just kidding of course.)  FYI – I was working with a Buyer that was looking outside of Pelican Bay.

If you were selling  your place in Pelican Bay, wouldn’t you want the proper pet information on your listing?  It might just open up your listing to more buyers!

If you have a pet and want to buy in Pelican Bay, I would direct you to the pet policy list I prepared.  This is a good guideline on which subdivisions will take your pet.  I always double check the list for my Buyers as some complexes could have changed their policy.

If you have pets and are trying to rent in Pelican Bay, please check the pet policy list.  You’ll see that almost no condos allow tenants to have pets.

I found Brandy and Boomer a condo, along with their owners. Can I help you and your pets find a home in Pelican Bay?

Brandy and Boomer have a condo in Pelican Bay.

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 Real Estate Statistics

Posted in Pelican Bay Real Estate Statistics, tagged , , , , , , , , , , , , , , , on July 6, 2015| 1 Comment »


Pelican Bay – Naples, FL – WOW!  It’s been quite a year so far in Pelican Bay.  I’ve had a very busy year, so busy that I am finally posting year-to-date statistics for 2014 AND the first half of 2015 for all building types.  Let’s take a look at what’s been happening.

LOW-RISES:

Sales Price 2013–YTD 2014-YTD 1st Half 2015
Average $459,539. $461,391. $535,458.
Median $389,000. $429,500. $490,000.
Units Sold 110 98 75
Days on Market 154 141 121

There are currently 22 active low-rise listings on the market in Pelican Bay.  At the rate of sales within the last 6 months, we have a 1.75 months worth of inventory in low rises to be sold. 

MID-RISES:

Sales Price 2013–YTD 2014–YTD 1st Half 2015
Average $592,903. $788,243. $885,860.
Median $490,000. $525,000. $670,000.
Units Sold 59 61 26
Days on Market 92 219 119

As of today, there are 5 mid-rise listings on the market. Mid-rise inventory has an absorption rate of 1.25 months.

HIGH-RISES:

Sales Price 2013–YTD 2014–YTD 1st Half 2015
Average $1,302,558. $1,633,130. $1,794,427.
Median $966,000. $1,255,000. $1,237,000.
Units Sold 170 160 96
Days on Market 207 198 158

Today finds us with 28 active high-rise listings on the market with an absorption rate of 1.06 months.

Villas – ATTACHED

Sales Price 2013–YTD 2014–YTD 1st Half 2015
Average $737,250. $1,077,447. $990,956.
Median $725,000. $970,000. $950,000.
Units Sold 33 23 25
Days on Market 148 186 98

There is currently only 1 active attached villa on the market. 

Villas – DETACHED

Sales Price 2013–YTD 2014–YTD 1st Half 2015
Average $1,266,200. $1,400,350. $1,152,693.
Median $1,100,000. $1,397,500. $900,000.
Units Sold 15 20 15
Days on Market 155 269 222

There are currently 3 active detached villas on the market.

SINGLE FAMILY

Sales Price 2013–YTD 2014–YTD 1st Half 2015
Average $1,251,288. $1,730,929. $2,022,685.
Median $1,218,500. $1,300,000. $1,350,000.
Units Sold 33 28 27
Days on Market 293 202 139

As of today there are 9 active single family homes on the market in Pelican Bay.

Between 2013 and 2014 every single building design saw an increase in price. The first six months of this year saw an increase in price in every building category except for attached villas.

It is apparent that Pelican Bay has a lack of inventory.  I looked back at some of my old blog entries and found this one from 2011.  In 2011, we were averaging around 14 months to absorb all the listings on the market.  Now we have a shortage of listings.

What’s causing this shortage of listings?  While prices have climbed up, some Residents are still holding onto units that they bought at the height of the market. Other Residents have decided to sell their Northern homes and live in their Pelican Bay properties. These scenarios have also contributed to the lack of units for rent and the increase in rental prices.

Pelican Bay is a beautiful place to live. The amount of inquires I receive from Buyers looking to purchase in Pelican Bay tells me that other people also believe this is a beautiful place to live.

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? 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 Third Quarter 2014 Real Estate Statistics

Posted in Pelican Bay Real Estate Statistics, tagged , , , , , , , , , , , , , , , on November 9, 2014| 3 Comments »


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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Vacation Rental Rates Rose 19 Percent this Summer

Posted in Rentals in Pelican Bay Naples FL, tagged , , , , , , on September 10, 2013| Leave a Comment »


Pelican Bay – Naples, FL – Do you own a home in Pelican Bay? Are you planning on renting it out this season? I found this article that you might want to take a moment to read.

Vacation property rentals outpaced hotels this summer as owners enjoyed strong bookings that were as good as or better than last year.

via Vacation Rental Rates Rose 19 Percent this Summer.

This summer was a busy one in Pelican Bay.  Almost every day I receive a call from a person who desires to rent a month or two this coming season.  The rental market in Pelican Bay for the 2014 season is a very tight one. It is only September and rentals for next season are hard find.  I can see why rental rents may go up next season.

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

.

YouTube | Linkedin | Google| Website | Twitter| FaceBook

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3rd Quarter 2012 Pelican Bay Real Estate Prices

Posted in Pelican Bay Information, Pelican Bay Real Estate Statistics, tagged , , , , , , , , , , , , , , , on December 14, 2012| Leave a Comment »


Pelican Bay – Naples FL – The third quarter of 2012 real estate sales prices showed a decrease in the average sales prices from the same period in 2011 of all property types except Mid-rise condominiums, Single Family homes and Detached Villas.  Here’s the detail report:

2012 Third Quarter Pelican Bay Real Estate Statistics by Property Type

2012 Third Quarter Pelican Bay Real Estate Statistics by Property Type

To view a clearer imagine of this report or to print this report CLICK HERE.

The good news is that in the 3rd quarter of 2012, Pelican Bay saw an increase in sales to 71 closed sales from 51 closed sales in 2011.  The other good news is that the percentage of properties failing to sell, the expireds, decreased in all property types except for attached villas.  I attribute the decrease in expired listings to Seller removing their properties from the market and the increase in sales.

To view the 3rd Quarter of 2011 Pelican Bay real estate prices CLICK HERE.

I am optimistic about this coming season.  As of today, there are 278 properties for sale in Pelican Bay.  We currently have an inventory of properties that could last 9 months. A “normal” real estate market is said to have an inventory that could last 6 months.

This coming rental season has been exceptionally strong.  I do not handle rentals yet I receive phone calls on a daily basis from potential tenants looking for a 2013 seasonal rental in Pelican Bay.  I feel that these potential tenants will turn into Buyers.  They have been renting waiting for the market to bottom out before they buy.  I predict that this coming season will be a busy real estate market in Pelican Bay.

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.

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 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.

YouTube | Linkedin | Google| Website | Twitter | FaceBook

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34108 Home Pricing

Posted in Pelican Bay Real Estate Statistics, tagged , , , , , , , , , , on September 20, 2012| Leave a Comment »


Pelican Bay – Naples, FL – Today as I was reading through my on-line real estate articles, I came across these charts that I’d like to share with you.  Keep in mind that Zillow is not the end all in projecting real estate prices (that’s another future blog article) but it provides a gauge to see how the market is headed.  Here are the charts for zip code 34108.  Keep in mind that Pelican Bay is just one of the communities that share this zip code.

34108 Zillow Home Value Index

34108 Median Sale Prices

34108 Median Sale Price

34108 Median Sale/List Price Ratio

34108 Median Sale / List Price Ratio

The above chart shows us that Sellers are accepting prices 7% under their median list price.

While the market in Naples is still driving by the under 300K price range.  I would also say that the zip code 34108 has more activity in the lower price ranges.

It is interesting to note that rentals in Pelican Bay for the 2013 season are hard to find.  I’ve been deluged with potential seasonal tenants calling me asking if I know of a condo for rent in Pelican Bay for 2013 season.  I wonder if the rental market is so tight because people are still hesitant to buy a property.  It has been my experience that people are cautious in buying real estate in an election year.  Maybe after the election we’ll see more activity in the middle price ranges of 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.

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 34 years of real estate experience and her area expertise have been valuable resources for Pelican Bay Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail at  Lynn@NaplesBuys.com call 239-594-2780.

YouTube | Linkedin | Google  | Website | Twitter | FaceBook

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