Sunday, January 2, 2011

Bay Colony Shores Naples Update 1.2.11

Bay Colony Shores - UNDER SUPPLY-STABILIZED-PRICING RISING


Bay Colony Shores
There are only 3 Bay Colony Shores homes available right now and 4 have sold during the past 12 months.  It wasn't that long ago that Bay Colony Shores was in real trouble with lots of inventory and not so much buyer interest.  The market has not only stabilized but pricing has started to creep back up.  Bay Colony Shores is the lowest priced single family community in Bay Colony and while properties typically start in the 3's, something was purchased last may for 1.5...or $282/square foot...that's ridiculous! It's sales like that which spur conversation back north with others who think they're going to come down now and do the same thing.  Sorry folks, the lowest priced home in there today is listed for just under 3.5 and lowest price per square foot....a whopping $639/square foot. If you're still interested in Bay Colony Shores, you can choose from three and still get in....today but you can pretty much bet you won't be pulling the trigger for anything around $282/sq. ft.

If you're a Bay Colony Shores Buyer, you'll be purchasing to hold and enjoy right now.  If you're looking for a deal, you must know while some areas are tightening up like Bay Colony Shores...there are still some others that might offer some nice opportunities.

If you're a Bay Colony Shores Seller you'll be enjoying slightly higher list prices right now but still be careful, you cannot just name your price just yet.

Either way, call me and I'll be happy to assist you either way. 

Best Regards,

Shannon Lefevre, PA
Your Naples Smart Girl

PS~ I have had some OUTSTANDING conversations with some of my most favorite fans.  THANK YOU for your kind comments, suggestions and ideas! I appreciate you!

No comments: