Whooo it's time to do a Mediterra Naples, Florida real estate Market Snapshot!
Fast Facts:
- Active: 71 (15 months of inventory)
- Pending: 3
- Closed past year: 55
- Average market time: 292 Days Up 58%
- List price/sales price ratio: 96%
Here are the Mediterra Naples neighborhoods performing well:
- Amarone at Mediterra
- Bello Lago at Mediterra
- Brendisi at Mediterra
- Buonasera at Mediterra
- Celebrita at Mediterra (We need listings here)
- Cellini at Mediterra (We need listings here)
- Felicita at Mediterra (We need listings here)
- Il Trebbio at Mediterra (We need listings here)
- Lucarno at Mediterra
- Marcello at Mediterra (We need listings here)
- Medici at Mediterra
- Milan at Mediterra (We need listings here)
- Monterosso at Mediterra
- Porta Vechhio at Mediterra
- Positano at Mediterra
- Savona at Mediterra
- Teramo at Mediterra (We need listings here)
- Terrazza at Mediterra (We need listings here)
- Treviso at Mediterra (We need listings here)
- Verona at Mediterra
- Villalago at Mediterra
- Villoresi at Mediterra
Buying in one of the Mediterra neighborhoods above?
It will be tougher for you. Many of these locations don't have any listings right now but Mediterra has a fairly decent sized shadow inventory. (Listings that went on the market last year and came off at the end of the season.) You can check back often or better yet, contact me and I will keep an eye out for you. I can alert you the moment something hits the market! If you see something you like and it's priced right, strike! Some of these locations are small and can go quite some time without new inventory. You also might check other locations within Mediterra where your negotiating power might be stronger. Check the list below!
Selling in one of these Mediterra neighborhoods above?
You're still in the driver's seat for now. That doesn't mean you can just pick any number or you don't need to concern yourself with being smart about choosing a successful agent! You're still competing with other neighborhoods within Mediterra and other luxury golf course communities around town like Quail West, Grey Oaks and Talis Park. Go with an agent who can help you compete against all of them! Contact me today and we'll show you how we can help you out!
Here are the Mediterra Naples neighborhoods under-performing:
- Bellezza at Mediterra
- Benvenuto at Mediterra
- Cabreo at Mediterra (There's a serious deal here right now)
- Calabria at Mediterra (There's a serious deal here right now)
- Caminetto at Mediterra
- Cortile at Mediterra
- Il Corsini at Mediterra
- Padova at Mediterra
- Ravello at Mediterra (4 on the market, no sales in a year....yikes!)
- Serata at Mediterra (4 on the market, no sales in a year....oh dear!)
Buyers looking in these Mediterra locations:
You're in the driver's seat this season. There are lots of choices but don't be surprised when you look at the comps and see you could be paying more than some of your neighbors. It's time to roll the sleeves up when negotiating. Sellers are not giving up control easily. That will lead to some heartbreak for some Sellers.
If you're looking to pay "today's" market value, it might take walking away from the table a couple of times before getting something you want at a price that makes sense to you. If you have a good negotiation strategy, you might be able to nail it in one shot but:
- new agents
- lazy agents
- not so smart agents
rarely want to do this or know-how.
We have re-instated our 5 point negotiating plan for neighborhoods like these. Call me today! I'll explain briefly how we can ensure success on your purchase!
Sellers: Some of your neighbors are oblivious to the rising inventory and how to react to it. That's awesome news for you! You'll want to be aggressive if you want to sell this season. Price and condition mean almost everything but there are a few tricks we implement that will result in a faster sale. This is not the year to pull out the same ole tired bag of selling strategies. What worked a couple of years ago will fail today.
You need an agent who has:
- an on-point marketing strategy.
- knows how to get a buyer on paper.
- can keep you ahead of the game at every turn.
- has a lightning-fast response time.
There will be some unexpected situations that will arise for Sellers this year that haven't been prevalent during the past several years. Inexperienced agents will let be blindsided. I haven't met a Seller yet who enjoys unexpected costly surprises.
Be smart and call me today because a ready Seller is a successful Seller!
Ok, that's all for now! I hope you found this Mediterra Naples update informative. Call me today and let's get moving!
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