Monday, October 13, 2008

Egrets Walk at Pelican Marsh

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.

average prices paid by quarter for Egrets Walk at Pelican MarshDuring 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.

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1 comment:

Richard Stabile New homes said...

It looks like it was leveling off and hopefully now it is picking up again. Many areas have, I hope yours is.