The following is the sales activity in for The Colony at Pelican Landing for the time period between December 29, 2014 and March 15, 2015.
There were 8 Condominiums sold for an average price of $ 767,250 during the period and they were on the market for an average of 274 days.
The average discount from asking price was 6.7%; but was off 10.6% from the original asking price.
Available units number 43 and range in price from $419,000 to $4,350,000 and in size from 1,375 sq. ft to 7,040 sq.ft.
There were 4 Single family homes sold for an average price of $1,442,250 and they were on the market for an average of 464 days.
The average discount from asking price was 6%; but was off 8.9% from the original asking price.
Available homes in The Colony number 8 and range in price from $885,000 to $2,795,000 and in size from 3,021 sq. ft. to 5,809 sq. ft.
Based on sales for the past 4 months,The Colony at Pelican Landing has an approximate 10 month supply of homes for sale. This number would indicate that it is a Buyer’s Market reflecting the increased inventory at the season winds down. However there are 22 homes currently listed as pending which could alter the absorption rate considerably.
A full detailed report of the transactions in The Colony can be found here.
As a longtime resident of the area, I would welcome the opportunity to show you what I consider, one of the best values in Southwest Florida Real Estate To Buy.
Please give me a call at 239-464-4537 to set up an appointment to find your Place in Paradise.
Moving to Florida? Have your local agent call me to setup the appointment for you.
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