There is currently a 17 month supply of inventory in the Pelican Bay Naples Florida villa market. Not too long ago the Pelican Bay villa market was the best selling market in Pelican Bay. The real estate market in Naples Florida changes fast and often. That's why it's great to keep up with my Naples, Florida blog or contact me direct.
Currently there are 40 Pelican Bay villas on the market with only 28 Pelican Bay villas sales during the last 12 months. Here's a rundown of each villa subdivision in Pelican Bay:
Hot Pelican Bay Villa Communities:
Bay Villas at Pelican Bay is doing GREAT! 4 villas are currently on the market with 7 sales during the last 12 months. Prices here are definitely on the rise here.
Las Brisas at Pelican Bay has had 2 sales during the last 12 months with 1 currently on the market.
Villa La Palma Bay Colony has had 2 sales during the last 12 months with only 1 currently available!
Villa Lantana at Pelican Bay has 1 pending 2 sales during the past 12 months and 0 available.
Vizcaya at Bay Colony has 3 sales during the past 12 months with 2 currently available. There's a nice deal in here!
Pelican Bay Villa Communities Holding Their Own:
Beauville at Pelican Bay is doing ok. There are currently 2 for sale with 1 under contract and 1 sale during the last 12 months. A quick look makes me question if prices are going up here too.
Lugano at Pelican Bay has 1 for sale and 1 closed. Not much more to report here.
Tierra Mar at Pelican Bay has 2 for sale, 1 pending, 1 closing. According to list prices, it appears pricing here has gone up.
Villas at Pelican Bay has had 3 sales during the past 12 months with 3 currently on the market.
Pelican Bay Villa Communities With An Oversupply Of Inventory:
Bridgeway Villas at Pelican Bay are not having a great year. There are currently 3 for sale with 0 sales during the past 12 months...pricing hasn't changed a great deal although there have been a few price reductions over the past couple of months. Might be a place to make a deal...call me if you're interested in testing the waters.
Carlton Place at Pelican Bay has 3 homes available, 1 pending and only 1 sale during the past 12 months. There have been a few price reductions here but for the most part owners appear to be holding on to their prices...it might be worth a shot to test the waters here.
Cocobay at Pelican Bay has 3 homes available and 3 sales during the last 12 months. If you're not familiar with Cocobay at Pelican Bay and you're interested in a villa, you might check these out. Personally, I think the floor plans are fabulous!
Grand Bay at Pelican Bay has 2 available with 1 under contract. 0 sales during the last 12 months. These offer great floor plans as well. You should check them out!
Sand Pointe at Pelican Bay has 2 for sale and 1 closing during the last 12 months.
St. Andrews at Pelican Bay has 2 for sale 0 pending, 0 sales during the last 12 months.
St. Raphael at Pelican Bay villas has 2 for sale, 0 pending, 0 sales during the last 12 months. One big price increase here...
Pelican Bay Villa Communities With Little To Report:
Chanteclair Manor at Pelican Bay has 1 unit available, 0 pending 0 sold for the year. There just isn't a whole lot going on here.
Interlachen at Pelican Bay has 1 villa unit available with 0 pending 0 sold...not much to report.
If you're thinking about selling your Pelican Bay villa, I would be very strategic in marketing and pricing if I were you. Villas located in areas where there is little product should obviously have a better chance. I definitely see a difference in pricing in some areas and locations where there is ample product and little movement is proof the whole area is overpriced...I'm happy to assist you reach your objective.
If you're thinking about purchasing a Pelican Bay villa, there are some deals to be had out there and there are some overpriced units as well. It's best to work with an agent who can do a comprehensive market analysis for you. Call me and I'm happy to assist you make the right purchasing decision.
Best Regards,
Shannon Lefevre, PA
Your Naples Smart Girl
Saturday, July 31, 2010
Friday, July 30, 2010
Homes Built Before 1950 For Sale In Naples
Somebody searched, "Homes Built Before 1950 For Sale In Naples" today according to my Google analytics statistics. I doubt they foundd what they were looking for easily so I thought I would pull the search for them and post it here. Since they did not contact me direct, I may never know if they find this link. :(
There are 19 homes available in Naples Florida built before 1950 and some of these are amongst the most charming homes in all of Naples. Pricing ranges between $69,000 for a tiny 1 bedroom home in Whispering Pines to a whopping $11,600,000 for a Gulf view home believed to have been built by Addison Mizner. You can see all of the homes here:
Homes built before 1950 For Sale in Naples
This link will remain live and continue to update itself for about 3-4 weeks...if you want me to update it, just let me know.
It's easy to get what you want. My goal is to be the most responsive and helpful real estate agent in Naples. If you have a special interest in Naples real estate, just contact me direct and I'll make every attempt to assist you.
Best Regards,
Shannon Lefevre, PA
There are 19 homes available in Naples Florida built before 1950 and some of these are amongst the most charming homes in all of Naples. Pricing ranges between $69,000 for a tiny 1 bedroom home in Whispering Pines to a whopping $11,600,000 for a Gulf view home believed to have been built by Addison Mizner. You can see all of the homes here:
Homes built before 1950 For Sale in Naples
This link will remain live and continue to update itself for about 3-4 weeks...if you want me to update it, just let me know.
It's easy to get what you want. My goal is to be the most responsive and helpful real estate agent in Naples. If you have a special interest in Naples real estate, just contact me direct and I'll make every attempt to assist you.
Best Regards,
Shannon Lefevre, PA
Thursday, July 29, 2010
Pelican Bay Naples Florida Low-Rise Condos
The Pelican Bay Naples Florida low-rise condo market has STABILIZED!
I'm excited to report the inventory of low rise condos in Pelican Bay are finally in balance with current demand.
Currently there are 91 Pelican Bay condos for sale (low-rise meaning 1-2 floors)
There have been 91 Pelican Bay low-rise condos sold during the last 12 months.
4 low-rise condos are currently under contract.
Low-Rise Pelican Bay condo subdivisions that are hot:
Breakwater at Pelican Bay = Breakwater at Pelican Bay has had a whopping 10 sales during the last 12 months and only has 6 units available. The best deals in Breakwater at Pelican Bay have already sold. I believe negotiations are tightening here and pricing could start going up if it hasn't already.
Glencove at Pelican Bay = UNDERSUPPLY! 6 units have sold during the last 12 months with only 3 remaining on the market. There is a ridiculous deal in there right now!
Pebble Creek at Pelican Bay = 6 sales during the last 12 months with 5 currently listed. There were some fabulous deals in there this year but there are still 2 nicely priced units currently available!
Pointe at Pelican Bay = 8 sales during the last year with only 3 currently available. There were crazy deals done here this year. If there's another deal like the ones during the last 12 months it is not readily identifiable. Let me do some research for you if you're interested.
San Marino at Pelican Bay = 6 sales during the last year with only 2 currently available. There's still a nicely priced unit here!
Sanctuary at Pelican Bay = 6 sales during the last 12 months, only 3 left!. There might be a slight increase in pricing here.
Willowbrook at Pelican Bay = 7 sales during the last 12 months with 4 left. There's a really nice priced listing left here.
Pelican Bay Low-Rise condo subdivisions that are holding there own:
Barrington Club at Pelican Bay = 4 Barrington at Pelican Bay condos are currently for sale, 1 is currently pending and 4 have sold during the last 12 months. Pricing has started to come up here. I wouldn't be surprised if sellers aren't tightening negotiations now.
Chanteclair Maisonettes at Pelican Bay = Not much to report other than 1 has sold and 1 is currently available for not much more than the other sold.
Renaissance at Pelican Bay = 1 available, 1 sold during the last 12 months.
St. Lucia at Pelican Bay = 1 sale during the last year, 1 available.
St. Thomas at Pelican Bay = 1 available, 1 sale during the last year.
Pelican Bay Low-Rise condo subdivisions still with an oversupply of inventory:
Avalon at Pelican Bay = There's a two year supply of inventory here with 8 Avalon at Pelican Bay condos currently listed and only 4 that have sold during the last 12 months. I'm not seeing any "deals" on paper right now but a little investigation might uncover one. Be prepared to do some due diligence to find it. The best deal sold for just over $300,000 in April.
Crescent at Pelican Bay = It's almost a sin to categorize Crescent at Pelican Bay in the oversupply group considering there are 6 units available and 5 have sold. There are still some nicely priced properties here if you are interested in this location, I would not hesitate long.
L'Ambiance at Pelican Bay = There have been 12 sales this year and although that's excellent movement, technically there's still a slight oversupply here with 14 L'Ambiance at Pelican Bay condos for sale. While it doesn't readily appear there are any super deals to be had, a little investigation might prove otherwise.
Laurel Oaks at Pelican Bay = 5 sales during the last 12 months with 6 currently on the market makes it hard for me to put it in the oversupply section but...that's the deal. There have been ridiculous deals that have closed in here and there are some GREAT deals in there now!
Lugano at Pelican Bay = 2 closed during the last 12 months and 3 currently available. There is a ridiculous deal in here right now!
Serendipity at Pelican Bay = 6 currently for sale only 2 have sold during the last year. Not too much to report here.
St. Simone at Pelican Bay = 4 currently available, 1 sold during the last year.
Valencia at Pelican Bay = 6 currently available, only 2 have sold at crazy prices. It appears there's been a major price hike here.
Even with the news that the Pelican Bay low-rise condo market has stabilized you can see there are some pockets doing better than others and even with the last year's success, there are definitely deals to be had.
If you are interested in Pelican Bay condos, contact me direct!
Best Regards,
Shannon Lefevre, PA
Your Naples Smart Girl!
I'm excited to report the inventory of low rise condos in Pelican Bay are finally in balance with current demand.
Currently there are 91 Pelican Bay condos for sale (low-rise meaning 1-2 floors)
There have been 91 Pelican Bay low-rise condos sold during the last 12 months.
4 low-rise condos are currently under contract.
Low-Rise Pelican Bay condo subdivisions that are hot:
Breakwater at Pelican Bay = Breakwater at Pelican Bay has had a whopping 10 sales during the last 12 months and only has 6 units available. The best deals in Breakwater at Pelican Bay have already sold. I believe negotiations are tightening here and pricing could start going up if it hasn't already.
Glencove at Pelican Bay = UNDERSUPPLY! 6 units have sold during the last 12 months with only 3 remaining on the market. There is a ridiculous deal in there right now!
Pebble Creek at Pelican Bay = 6 sales during the last 12 months with 5 currently listed. There were some fabulous deals in there this year but there are still 2 nicely priced units currently available!
Pointe at Pelican Bay = 8 sales during the last year with only 3 currently available. There were crazy deals done here this year. If there's another deal like the ones during the last 12 months it is not readily identifiable. Let me do some research for you if you're interested.
San Marino at Pelican Bay = 6 sales during the last year with only 2 currently available. There's still a nicely priced unit here!
Sanctuary at Pelican Bay = 6 sales during the last 12 months, only 3 left!. There might be a slight increase in pricing here.
Willowbrook at Pelican Bay = 7 sales during the last 12 months with 4 left. There's a really nice priced listing left here.
Pelican Bay Low-Rise condo subdivisions that are holding there own:
Barrington Club at Pelican Bay = 4 Barrington at Pelican Bay condos are currently for sale, 1 is currently pending and 4 have sold during the last 12 months. Pricing has started to come up here. I wouldn't be surprised if sellers aren't tightening negotiations now.
Chanteclair Maisonettes at Pelican Bay = Not much to report other than 1 has sold and 1 is currently available for not much more than the other sold.
Renaissance at Pelican Bay = 1 available, 1 sold during the last 12 months.
St. Lucia at Pelican Bay = 1 sale during the last year, 1 available.
St. Thomas at Pelican Bay = 1 available, 1 sale during the last year.
Pelican Bay Low-Rise condo subdivisions still with an oversupply of inventory:
Avalon at Pelican Bay = There's a two year supply of inventory here with 8 Avalon at Pelican Bay condos currently listed and only 4 that have sold during the last 12 months. I'm not seeing any "deals" on paper right now but a little investigation might uncover one. Be prepared to do some due diligence to find it. The best deal sold for just over $300,000 in April.
Crescent at Pelican Bay = It's almost a sin to categorize Crescent at Pelican Bay in the oversupply group considering there are 6 units available and 5 have sold. There are still some nicely priced properties here if you are interested in this location, I would not hesitate long.
L'Ambiance at Pelican Bay = There have been 12 sales this year and although that's excellent movement, technically there's still a slight oversupply here with 14 L'Ambiance at Pelican Bay condos for sale. While it doesn't readily appear there are any super deals to be had, a little investigation might prove otherwise.
Laurel Oaks at Pelican Bay = 5 sales during the last 12 months with 6 currently on the market makes it hard for me to put it in the oversupply section but...that's the deal. There have been ridiculous deals that have closed in here and there are some GREAT deals in there now!
Lugano at Pelican Bay = 2 closed during the last 12 months and 3 currently available. There is a ridiculous deal in here right now!
Serendipity at Pelican Bay = 6 currently for sale only 2 have sold during the last year. Not too much to report here.
St. Simone at Pelican Bay = 4 currently available, 1 sold during the last year.
Valencia at Pelican Bay = 6 currently available, only 2 have sold at crazy prices. It appears there's been a major price hike here.
Even with the news that the Pelican Bay low-rise condo market has stabilized you can see there are some pockets doing better than others and even with the last year's success, there are definitely deals to be had.
If you are interested in Pelican Bay condos, contact me direct!
Best Regards,
Shannon Lefevre, PA
Your Naples Smart Girl!
Tuesday, July 27, 2010
Pelican Bay Naples Florida Home Update
The Pelican Bay Naples Florida single family home market has stabilized as a whole although there are some areas within Pelican Bay doing better than others. As I wrote in yesterday's blog post, the lowest priced product is doing the best in Naples, Florida. I expected the same for sales in Pelican Bay but after further research, I found some of the most exclusive neighborhoods to be the biggest winners during the last 12 months.
Pelican Bay Single Family Homes Snapshot:
There are 32 Pelican Bay homes for sale.
2 Pelican Bay homes are currently pending contract.
32 Pelican Bay home sales have occurred during the past 12 months.
Hot Pelican Bay Home Subdivisions:
Bay Colony Shores homes are actually doing better than the other single family home neighborhoods in Pelican Bay. Specifically, Bay Colony Shores has done extremely well during the last 12 months with 7 sales and another one pending contract as I type. There are only 3 Bay Colony Shores homes for sale now with prices ranging from $3,299,500 to $$4,500,000.
Pelican Bay Woods has also done well during the past year with 9 sales during the last 12 months. There are 8 Pelican Bay Woods homes for sale currently with prices ranging from $730,000 (the lowest priced single family home in Pelican Bay) to $2,500,000.
Pointe Verde at Pelican Bay = 2 sales during the last 12 months with 1 home currently available there.
Pelican Bay Home Subdivisions Holding There Own:
Barrington at Pelican Bay = 3 sales during the last 12 months and 1 currently under contract. There are only 3 left for sale in Barrington at Pelican Bay.
Jamestown at Pelican Bay = 1 available listing and one closing during the last 12 months. The current listing is worth checking out!
Oakmont at Pelican Bay = 6 closings during the last 12 months with only 5 Oakmont at Pelican Bay homes available.
Strand at Pelican Bay = 1 sale during the last 12 months and 1 currently available.
Pelican Bay Home Subdivisions Still In Oversupply:
Georgetown at Pelican Bay = 6 homes for sale with only 1 closed sale during the last 12 months. This is great leverage for a buyer right now if you can find a home seller interested in negotiating here.
Pinecrest at Pelican Bay = 6 homes for sale with only 3 closings during the last 12 months. There are some nice listings here worth taking a peek!
Pelican Bay Home Subdivisions with little to discuss:
St. Andrews at Pelican Bay = 1 current listing.
Village at Pelican Bay = 1 listing available.
Bottom line is the gross oversupply of single family homes that once existed in Pelican Bay is dwindling. You can expect for some owners to negotiate now more so than closer to our high selling season which starts as early as October depending on the weather. If you have been waiting to get that best Pelican Bay single family home deal...I would do it now. I think the window of opportunity is shrinking and statistics prove that point today.
You can expect more inventory to hit the market around the end of the year to prepare for our top selling season so if you're looking but you don't see anything that peeks your interest now, keep checking in! That doesn't mean you're going to cut an exceptional deal though so make sure you know which part of your objective is most important to you. If it's to buy a deal, do it now.
If you are a Pelican Bay buyer, contact me direct for fabulous buyer support and service!
If you are a Pelican Bay owner and are considering selling, contact me direct for the best advice on whether you should sell or hold and current property value!
Best Regards,
Shannon Lefevre, PA
Your Naples Smart Girl!
Pelican Bay Single Family Homes Snapshot:
There are 32 Pelican Bay homes for sale.
2 Pelican Bay homes are currently pending contract.
32 Pelican Bay home sales have occurred during the past 12 months.
Hot Pelican Bay Home Subdivisions:
Bay Colony Shores homes are actually doing better than the other single family home neighborhoods in Pelican Bay. Specifically, Bay Colony Shores has done extremely well during the last 12 months with 7 sales and another one pending contract as I type. There are only 3 Bay Colony Shores homes for sale now with prices ranging from $3,299,500 to $$4,500,000.
Pelican Bay Woods has also done well during the past year with 9 sales during the last 12 months. There are 8 Pelican Bay Woods homes for sale currently with prices ranging from $730,000 (the lowest priced single family home in Pelican Bay) to $2,500,000.
Pointe Verde at Pelican Bay = 2 sales during the last 12 months with 1 home currently available there.
Pelican Bay Home Subdivisions Holding There Own:
Barrington at Pelican Bay = 3 sales during the last 12 months and 1 currently under contract. There are only 3 left for sale in Barrington at Pelican Bay.
Jamestown at Pelican Bay = 1 available listing and one closing during the last 12 months. The current listing is worth checking out!
Oakmont at Pelican Bay = 6 closings during the last 12 months with only 5 Oakmont at Pelican Bay homes available.
Strand at Pelican Bay = 1 sale during the last 12 months and 1 currently available.
Pelican Bay Home Subdivisions Still In Oversupply:
Georgetown at Pelican Bay = 6 homes for sale with only 1 closed sale during the last 12 months. This is great leverage for a buyer right now if you can find a home seller interested in negotiating here.
Pinecrest at Pelican Bay = 6 homes for sale with only 3 closings during the last 12 months. There are some nice listings here worth taking a peek!
Pelican Bay Home Subdivisions with little to discuss:
St. Andrews at Pelican Bay = 1 current listing.
Village at Pelican Bay = 1 listing available.
Bottom line is the gross oversupply of single family homes that once existed in Pelican Bay is dwindling. You can expect for some owners to negotiate now more so than closer to our high selling season which starts as early as October depending on the weather. If you have been waiting to get that best Pelican Bay single family home deal...I would do it now. I think the window of opportunity is shrinking and statistics prove that point today.
You can expect more inventory to hit the market around the end of the year to prepare for our top selling season so if you're looking but you don't see anything that peeks your interest now, keep checking in! That doesn't mean you're going to cut an exceptional deal though so make sure you know which part of your objective is most important to you. If it's to buy a deal, do it now.
If you are a Pelican Bay buyer, contact me direct for fabulous buyer support and service!
If you are a Pelican Bay owner and are considering selling, contact me direct for the best advice on whether you should sell or hold and current property value!
Best Regards,
Shannon Lefevre, PA
Your Naples Smart Girl!
Naples Florida Real Estate Update 7/27/10
Naples Florida real estate statistics I explored this evening:
Naples Florida homes closed during the last 12 months=3,933
Naples Florida homes currently pending contract=1,008
Naples Florida homes currently available=3,281. Barely over 10 month supply YAE!
Naples Florida condos closed during the last 12 months=3,413
Naples Florida condos currently pending contract=719
Naples Florida condos currently available=3,620. Nearly 13 months of inventory.
Naples Florida villas closed during the last 12 months=635
Naples Florida villas currently pending contract=145
Naples Florida villas currently available=619 Just over 11 months of inventory.
All Naples homes/villas/condos under $500,000
5,061 Active
1,673 Pending
6,615 Closed (last 12 months)
Nearly 11 months of inventory currently available. This market has stabilized. Owners are tightening negotiations...pricing is going up (in many locations) inventory is light (in some areas)
All Naples homes/villas/condos between $500,000-$1,000,000
1,358 Active
126 Pending
853 Closed (last 12 months)
Over 19 months of inventory currently available. A good place to make a deal.
All Naples homes/villas/condos between $1,000,000-$1,500,000
442 Active
38 Pending
239 Closed (last 12 months)
Over 22 months of inventory currently available. A good place to make a deal.
All Naples homes/villas/condos between $1,500,000-$2,000,000
295 Active
22 Pending
133 Closed (last 12 months)
Over 26 months of inventory currently available. A GREAT place to make a deal.
All Naples homes/villas/condos between $2,000,000-$3,000,000
257 Active
17 Pending
125 Closed (last 12 months)
Over 24 months of inventory currently available. A GREAT place to make a deal.
All Naples homes/villas/condos between $3,000,000-$5,000,000
173 Active
8 Pending
77 Closed (last 12 months)
Nearly 27 months of inventory currently available. A GREAT place to make a deal.
All Naples homes/condos/villas over 5 million
97 Active
3 Pending
41 Closed 3.41
Over 28 months of inventory currently available. A GREAT place to make a deal.
The point of this update was to illustrate if you've been sitting on the side lines waiting for the perfect time to purchase Naples real estate, your window of opportunity is shrinking if you're purchasing less than $500,000.
You still have some time in all other price ranges but I don't think it will take very long for the next price range ($500,000-$1,000,000) to catch up.
For more information regarding the Naples Florida real estate market, contact me direct!
Best Regards,
Shannon Lefevre, PA
Your Naples Smart Girl!
Naples Florida homes closed during the last 12 months=3,933
Naples Florida homes currently pending contract=1,008
Naples Florida homes currently available=3,281. Barely over 10 month supply YAE!
Naples Florida condos closed during the last 12 months=3,413
Naples Florida condos currently pending contract=719
Naples Florida condos currently available=3,620. Nearly 13 months of inventory.
Naples Florida villas closed during the last 12 months=635
Naples Florida villas currently pending contract=145
Naples Florida villas currently available=619 Just over 11 months of inventory.
All Naples homes/villas/condos under $500,000
5,061 Active
1,673 Pending
6,615 Closed (last 12 months)
Nearly 11 months of inventory currently available. This market has stabilized. Owners are tightening negotiations...pricing is going up (in many locations) inventory is light (in some areas)
All Naples homes/villas/condos between $500,000-$1,000,000
1,358 Active
126 Pending
853 Closed (last 12 months)
Over 19 months of inventory currently available. A good place to make a deal.
All Naples homes/villas/condos between $1,000,000-$1,500,000
442 Active
38 Pending
239 Closed (last 12 months)
Over 22 months of inventory currently available. A good place to make a deal.
All Naples homes/villas/condos between $1,500,000-$2,000,000
295 Active
22 Pending
133 Closed (last 12 months)
Over 26 months of inventory currently available. A GREAT place to make a deal.
All Naples homes/villas/condos between $2,000,000-$3,000,000
257 Active
17 Pending
125 Closed (last 12 months)
Over 24 months of inventory currently available. A GREAT place to make a deal.
All Naples homes/villas/condos between $3,000,000-$5,000,000
173 Active
8 Pending
77 Closed (last 12 months)
Nearly 27 months of inventory currently available. A GREAT place to make a deal.
All Naples homes/condos/villas over 5 million
97 Active
3 Pending
41 Closed 3.41
Over 28 months of inventory currently available. A GREAT place to make a deal.
The point of this update was to illustrate if you've been sitting on the side lines waiting for the perfect time to purchase Naples real estate, your window of opportunity is shrinking if you're purchasing less than $500,000.
You still have some time in all other price ranges but I don't think it will take very long for the next price range ($500,000-$1,000,000) to catch up.
For more information regarding the Naples Florida real estate market, contact me direct!
Best Regards,
Shannon Lefevre, PA
Your Naples Smart Girl!
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