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Claridge at Pelican Bay Naples Florida

By
Real Estate Agent with John R. Wood Properties

Claridge at Pelican Bay has had a great past 12 months and is still attracting ready, willing, and able buyers!  Here are the current Claridge at Pelican Bay real estate statistics:

  • 3 Claridge at Pelican Bay condos for sale.
  • 1 Claridge at Pelican Bay pending contract.
  • 5 Claridge at Pelican Bay sales during the past 12 months.

There are currently only seven months of inventory in Claridge at Pelican Bay, making this another under-supplied Pelican Bay community.  The real interesting story about Claridge at Pelican Bay isn't so much about the under-supply of inventory more than the difference between list price, and sales price ratio is coming in at a whopping 97%.  That's the highest I've seen since reporting this season which is fabulous news for Claridge at Pelican Bay condo owners. 

Pricing has increased as a result, with Claridge at Pelican Bay list prices increasing on average per total at approximately 25%. There are two higher floors on the market at this time, which typically will command a higher price unless something negative is happening with the property condition. 

Another outstanding Claridge at Pelican Bay real estate statistic is that the market time in Claridge has decreased by a whopping 48%.  This statistic was pulled based on what is currently on the market and what has sold during the past 12 months.  Active Claridge condos stand at 195 days due to one of the units being what I would consider over-priced even for the current Claridge market success. 

The last unit to successfully negotiate a contract was only on the market 58 days before going under contract.  That's pretty quick for Pelican Bay and further proof that if you price it right, you can defy the laws of market time and come out ahead.  While talking about that, I might add that your chances of buyer competition are far greater if you're priced well compared to overpriced.  This could increase your chances of getting more when the final bell dings.

If you're a Claridge at Pelican Bay Buyer:  While there are some nice listings in Claridge now, I'm not sure there's anything that will completely blow your socks off. I'm also not sure we'll be able to do better than some past buyers have done on negotiating with such a small window of wiggle room in the statistics (only 3%)  The best thing for you to do is to take a peek, review the numbers and determine what the unit is worth to you before going forward.  It would probably not hurt you to venture outside of Claridge (if you have other interests) just in case you find you can't cut the deal you want.  There are plenty of other Pelican Bay high-rise condos for sale, with 16 months of Pelican Bay high-rise inventory still on the market. Still, something for you to consider is the success Claridge at Pelican Bay has had in a product that may be last to become stable...call me when you want to get started, and we'll put together a winning plan regardless!

If you're considering selling a Claridge at Pelican Bay condo:
  You and your smart agent have a lot of great talking points to discuss with potential Claridge at Pelican Bay buyers.  Pricing and condition still are important when considering your selling strategy, so make sure the unit looks its prettiest and is priced accordingly.  If any of your neighbors decide not to do the same thing this season, you could fair pretty well.  It won't take much to stand out in the current market, so make sure you call me when you want to get going, and we'll prepare a fabulous marketing and selling strategy that will bring success!

For more information regarding Claridge at Pelican Bay, Pelican Bay, or any Naples real estate related topic, contact me directly!

PS~ On a side note, I hope all our Naples Fans up north who are experiencing crazy snow and ice are safe and warm, and for those with no electricity...I hope your electric companies get it on in a hurry. Hug.

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Naples Real Estate

Shannon Lefevre, PA
Your Naples Smart Girl!
239-595-6223

“The opinions expressed herein are those of the author and do not necessarily represent the views of John R. Wood Realtors.”