number of sold units: Guess What Happened Here? Some Local Neighborhood Stats in Naples, Florida. - 06/05/10 07:22 AM
Please take a quick look at this chart and see if you can determine what happened.  It should glare at you like a "sore" thumb.  It isn't a bad thing either it's simply that the events occurred all relatively within the same time period.  This information is comprised from two neighborhoods within the City limits known as Aqualane Shores and Port Royal.  Unfortunately these were not my transactions.

Yes, you are seeing the correct information.  That's a median sold price of $13,000,000.  Now , it's not so unusual to have several homes available at $20M + but it is unusual to see them sell … (2 comments)

number of sold units: Watch for Anomalies When Viewing Median Price - 04/27/10 07:12 AM

Here is another area where a few anomalies added to the statistics give a more favorable picture of what's happening rather than the actuality of the market.  The top 5 sales during Q1 2010 averaged $12.6M with the highest being $22M.  Taking into consideration if those 5 closings had not occurred the median price for Q1 would have only barely exceeded $165,000 instead of the $230,000 shown here.  There were 55 single family home sales exceeding $2,000,000 which proves the higher end homes are moving fairly briskly also.  The Condo market which is not included in these stats had only … (5 comments)

 
Kevin J. May, Serving the Treasure & Paradise Coasts of Florida (Florida Supreme Realty) Rainmaker large

Kevin J. May

Serving the Treasure & Paradise Coasts of Florida

Hobe Sound, FL

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Florida Supreme Realty

Address: Northern Palm Beaches, Southern Martin County, & Naples in Collier County

Mobile: (239) 961-2724

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