Guess What Happened Here? Some Local Neighborhood Stats in Naples, Florida.

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Real Estate Agent with Florida Supreme Realty SL514814

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.

Month by Month Numbers of Statistical Real Estate Data

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 at virtually the same time.  I had discussed previously with associates how events similar to this can skew statistics.  County wide these few sales alone adjusted our pricing from medians of $167,000 to $225,000, not too shabby! Below is the supporting data to the chart above. 

Data display of Real Estate Activity in Naples, FL     

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Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

I was wondering if some homes closed wrong :)  We see this within rental stats every now and then!

Jun 06, 2010 04:21 AM #1
Rainmaker
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Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Renee, one time I had input a listing at $999,999,999, that'll really throw the stats off kilter!  I must've been a shaky SOB that day. 

Jun 06, 2010 04:51 AM #2
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Rainmaker
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Kevin J. May

Serving the Treasure & Paradise Coasts of Florida
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