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Naples FL Real Estate Market Report - I want to Buy at the Bottom - NAPLES PARK

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Real Estate Agent with 239.776.5077 Downing-Frye Realty

Vanderbilt Beach - Naples FL

Posted by:  Ellie Penaranda - Naples FL Homes for Sale

How many times have I heard my buyers say "I want to buy at the bottom"?  Too many times to count.  No one can tell when the bottom is, till it has passed.  So for all of you fans of the Naples Park community, who have been waiting for the bottom, it just happened.  So lets look at the latest numbers, compare and see how well Naples Park has done so far in 2011.

For those of you who have not discovered this area - Naples Park is the one and only development in the whole of Naples that offers single family homes, that are walking distance to beach, under $250,000.  It is also one of the very few that offer home choices between the price of $135,000 for a 2 bedroom older home to the luxury newer construction with canal views at $950,000+ so whatever your budget, there is a home in Naples Park with your name on it.  Known for its diversity, for the relaxed lifestyle, to its close proximity to everything that counts, and for the fun and active Vanderbilt Beach.    

 

                  * * * * * * * * *  Market Report as of 8/31/2011 * * * * * * * * * * * * * *

 

 ·  131 Total homes sold in 2010               -     98 Total Homes sold as of (8/31/2011)

    Lowest Price in 2010  $62,000             -     Lowest Price in 2011 so far  $75,500

    Higest Price in 2010:  $488,400           -     Highest Price in 2011  $515,000

    Average Price in 2010:  $164,239        -    Average Sales price in 2011  $184,147 (+12%)

 

·   Some interesting facts: 

  •     35 homes are currently under contract:  Lowest $109,970  -  Highest $995,000
  •    11 of the 98 homes sold in 2011 closed at above asking price
  •     8 of the 97 homes sold in 2011 closed at the full asking price.
  •     While 2010 was constantly running at approx 123 homes for sale in any month,as of  today there are only 74 homes for sale in Naples Park.        

If you are considering buying a home in Naples Park, this is what you have been waiting for.                                                        

 

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 We specialize in waterfront, beachfront and all properties within walking or biking distance to our pristine beaches

 

Find a Great Home in Naples Park on My Home Search

 

We Have Some Great Homes for Sale in Naples Park 

Home for Sale - Naples Park, Naples FL   Home for Sale - Naples Park  Home for Sale - Naples Park, Naples FL

          679 94th Ave N - $198,000                     613 109th Ave N - $425,000                     692 94th Ave N - 329,000

  

Diane Grady
Endless Summer Realty - Saint Augustine, FL

Wow! I didn't realize how reasonable homes are in Naples. I was always lead to believe that everything there was super expensive. These homes look adorable. Thank you for showing them. I now know what I am missing!

Sep 07, 2011 08:47 AM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

That's quite a surprising price range. I would have never guessed that you get something affordable and that close to the beach. It looks like the market's pretty healthy too. Better buy fast.

Sep 07, 2011 09:42 AM
Dan and Amy Schuman
Howard Hanna Real Estate Services - Solon, OH
Luxury Home Specialists

Ellie, I just love reading about your local Naples market. Naples Park seems like a great area and the numbers indicate that things are getting better, which is nice to hear.

Sep 07, 2011 11:51 AM
Gayle Rich-Boxman Fishhawk Lake Real Estate
John L Scott Market Center - Birkenfeld, OR
"Your Local Expert!" 503-739-3843

Ellie, I loved the it just happened part--hysterical!  Doncha want to just say WAKE UP, PEOPLE! It doesn't get any better than THIS!

Pricing is so darned GOOD!!

Sep 07, 2011 07:22 PM