Many prospective buyers over during the past several months have been monitoring the average prices paid for residences in various subdivisions within many of Naples developments.
Below is a graph showing the quarterly average prices paid for a condo in Egrets Walk at Pelican Marsh for the past 4 years.
During the first quarter of 2006 the average price paid was the highest at $520,000.
The average price paid in the most recent quarter ending September 30, 2008 was $330,000.
The difference represents a decline in value of $190,000 or about 36.5 percent.
Monday, October 13, 2008
Egrets Walk at Pelican Marsh
Arielle at Pelican Marsh
Below is a graphical representation of the average prices paid for condos in Arielle at Pelican Marsh over the past 4 years.
The highest average quarterly price was $493,000 during the third calendar quarter of 2005. The average price paid during the third quarter of 2008 was $306,666. A reduction of $186,334 or about 37.8 percent.
Friday, October 03, 2008
Augusta at Pelican Marsh
A new customer service feature has been added to Augusta at Pelican Marsh which shows calendar quarterly market trends over the past four years for median sold price, new listings, number of sold listings and pending sales.
In the first quarter of 2007 the highest median price paid was $1.5 million.
Wednesday, June 25, 2008
Charles Richey A Great Guy In Need of Help
Charles Richey is a friend of mine, that I met through the Internet and had the pleasure to meet in person a few years.
Today, thru the Internet we have the opportunity to meet many people, few we actually meet in person.
Charles is an individual whenever I had a problem with any of my web sites or even this blog, he was there for me. In some cases he actually did the coding for me. He was not only this way with me, but with other people. He has been extremely active in the animal rescue in his hometown of Las Vegas.
On Tuesday, I learned from another netizen that Charles was hospitalized with Guillain-Barre Syndrome. The unfortunate thing is that he and his wife do not have any health insurance and with the present economic situation that we are all facing, he and his family will be faced with very large medical bills as he is currently in the ICU.
If you care to offer some words of encouragement or make a contribution, please visit this site.
Thank you.
Tuesday, April 29, 2008
Laguna Royale at The Vineyards
March 31st represents the end of the first calendar quarter, I have started to update community and neighborhood information showing the annual median sold prices since 1998. The neighborhood updated, for no particular reason was Laguna Royale at The Vineyards. It is interesting to note that in 1998 the median sold price was $257,500 and in 2007 it was $450,000 - an annual increase over the ten years - 6.40%.
Sphere: Related ContentWednesday, February 06, 2008
Naples Real Estate Market Updates Completed
Over the past few days the market updates for Naples and Bonita Springs have been updated and posted on my Naples Real Estate News and Market Updates blog.
When doing the market updates, certain criteria are applied as follows:
1)they are based upon ownership - single family home (fee simple) or condominium.
2)the statistics do not include Marco Island, since I service the Naples, Bonita Springs and Estero areas of southwest Florida, nor manufactured or mobile homes.
3)the statistics are taken from the Sunshine MLS, which is a combination of the Naples MLS, Bonita Springs MLS, and Estero MLS.
Real estate has always been know as being local and it is true when you look at the analysis and market updates.
It is expected that the real estate market update for the Estero area will be posted today, sometime.
Wednesday, January 09, 2008
Avalon at Pelican Bay in Naples
Below is a graphical presentation of the quarterly median price paid for condominium in Avalon at Pelican Bay.
You can read more about Pelican Bay and Avalon at Pelican Bay, as well as, finding historical median sold prices from 1998.
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