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Pelican Bay – Naples, FL – How was your summer? We saw a busy one here in Pelican Bay. The North beach area at the Sandpiper was closed for renovation which caused more people using the South beach area of the Sandbar. Even with the addition of people taking in the South Beach, I still think there were more people here in the summertime in Pelican Bay than in the past.

What happened with real estate prices in Pelican Bay?  Let’s compare the first half of 2013 to the first half of 2014 to see.

LOW-RISES

2013 2014
# of Sales 64 56
AV Sales Price $466,031. $461,579.
Days on Market Not available 120
% List to Sale Price Difference 8.82% 5.09%

While the average sale price came down a bit, the list to sale differently shrank. In the first half of 2014 Sellers accepted only 5.09% less than their asking price vs. 8.82% in the first half of 2013.

MID-RISES

2013 2014
# of Sales 22 27
AV Sales Price $526,359. $641,848.
Days on Market Not available 216
% List to Sale Price Difference 4.69% 5.15%
Both the number of sales made in 2014 and the prices rose for mid-rises in Pelican Bay.
HIGH-RISES
2013 2014
# of Sales 109 104
AV Sales Price $1,284,100. $1,654,846.
Days on Market Not available 201
% List to Sale Price Difference 6.22% 4.98%

High-rise sales were a bit less in the first half of 2014 in comparison to the first half of 2013. Note the list to sales price difference dropped. In the first half of 2014 High-rise Sellers accepted 4.98% less than their asking price. The average price of high rises also increased.

VILLAS ATTACHED

2013 2014
# of Sales 13 22
AV Sales Price $757,885. $998,886.
Days on Market Not available 184
% List to Sale Price Difference 4.67% 7.67%

VILLAS DETACHED

2013 2014
# of Sales 8 13
AV Sales Price $1,174,688. $1,305,385.
Days on Market Not available 115
% List to Sale Price Difference 3.64% 5.45%

SINGLE FAMILY

2013 2014
# of Sales 20 18
AV Sales Price $1,411,050. $1,733,083.
Days on Market Not available 189
% List to Sale Price Difference 7.74% 8.54%

I’ll be anxious to see the third quarter of 2014 in comparison to the third quarter of 2013.  This has been a busy summer in Pelican Bay. I’ve been selling in Pelican Bay for the last 18 years and this is the first summer I have seen so many sales over the million dollar mark.

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

FYI – If traffic is any indication, I think season has started earlier this year!

One of the many things my husband and I enjoy about Pelican Bay are the sunsets we get to share.  Here’s one I’m sharing with you.

2014-09-06 19.47.26

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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