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