Posts Tagged home sales

Sat On The Fence To Long?????

Going Once Going Twice……

If you have been sitting on the fence waiting for prices to drop……You may want to jump! With only 13 Developer units remaining in the Grande Preserve, Naples isn’t the only place with low inventory. In Naples the overall inventory is down 22% since this time last year.
We saw huge gains this August compared to August 2010 in the $2 million and up category. Closed condo sales in that price range were up 75% compared to last August! In the $1-2 million dollar range pending sales were up 54% and the overall Naples Beach area is up 31% in closed sales this August over last August.
In the Dunes alone there have been 6 new pending sales in the last month! Don’t let another year go by without buying in the Grande Preserve, by then it will be to late! Call the sales office for more information! 239-594-1700

Tags: , , , ,

Homes Sales Up Again!

Home resales grew by 50 percent in February in the Naples area.

There were 7,426 single-family and condo sales, up from 4,951, in the same month a year ago, according to a monthly report by the Naples Area Board of Realtors.

The report tracks sales made through the multiple listing service, or MLS, in Collier County, excluding Marco Island.

“The overall increase in closed sales continues and has resulted in a reduction of inventory. Normally the inventory increases in season so this unusual reduction is important. It’s helping the market return to a balanced state even quicker,” said Steve Barker, managing broker for Amerivest Realty in Naples, in a statement.

The inventory of home resales decreased to 9,682 last month. A year ago, there were 11,427 on the market.

“Pending sales of condominiums are roaring back. The condo market is showing signs of a strong recovery, as pending sales increased 76 percent in February 2010, with 544 contracts compared to 309 contracts in February 2009,” said John Steinwand, president of Naples Realty Services, in a news release.

The median price for resales declined 3 percent to $179,000 last month. That compared to $185,000 in the same month a year ago.

The median is the price at which half the homes sell for more and half for less.

To view the entire report, visit


Tags: , , ,

Home Sales Increased Again!

There’s energy in the air! Sales for January were robust in most Naples neighborhoods.

Home sales increased in January by 51 percent compared to a year ago, according to a report released by the Naples Area Board of Realtors. The report tracks home listings and sales within Collier County and indicates condo sales saw an even more impressive surge, jumping by 91 percent.

It’s been said that Florida is a “tale of two states”: while foreclosures have been high in many areas of Southwest Florida, there are areas with very few distressed properties.

As we know, housing is a leading indicator relative to economic activity and the month of January showed positive progress. The consensus is that people are feeling better and more confident about their financial standing. Since many buyers have been sidelined by high home prices for two or more years, they see that prices have lowered — often significantly — and this, coupled with continued low interest rates induces their commitment to purchase a home.

With the current low inventory of available homes for sale, Don’t wait to buy your dream home!

The Plantation Club at the Dunes

Tags: , , ,