2016 LAmbiance Real Estate Statictics

Posted February 11, 2017 by pelicanbayexpert
Categories: L'Ambiance Statistics, LAmbiance real estate statistics, Uncategorized

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LAmbiance – Pelican Bay – Naples, FL –  Are you curious as to what happened to real estate prices in LAmbiance in 2016?  Let’s take a look at how 2016 compared to 2015.

First Floor Garden Homes

 Average Sales Price  # of Units  CDOM
 2015  $506,000.00  5  158
 2016  $507,378.00  7  179

First floor garden homes stayed about even in terms of pricing.  Note that the cumulative days on the market did increase.  There were six, 2 bedroom units that sold in 2016 and only one 3 bedroom sale. 

 2016  Average Sales Price  # of Units   CDOM
 2 Bedroom  $478,608.00  6  179
 3 Bedroom  $680,000.00  1  94

SECOND FLOOR GARDEN HOMES

 Average Sales Price  # of Units  CDOM
 2015  $577,257.00  7  131
 2016  $606,200.00  5  143

In 2016, there were two, 3 Bedroom second floor garden units sold with an average price of $659,500.00.  There were also three, 3 Bedroom + Den units sold with an average price of $570,666.00.

FIRST FLOOR COACH HOMES

 Average Sales Price  # of Units   CDOM
 2015  $735,000.00  3  60
 2016  $805,000.00  3  82

 SECOND FLOOR COACH HOMES

 Average Sales Price  # of Units  CDOM
 2015  $847,500.00  2  111
 2016  N/A  N/A  N/A

I have to say that units that have been updated have sold for better prices than the units that have been left in their original state.  Units with water views are also selling for better prices than units without water views.

What I see taking place in the low-rise market in Pelican Bay is an increase in market time, more price reductions coming through and more listings that are failing to sell.  As of today, there are 69 low-rise units on the market in Pelican Bay.  Since January 1st, there have only been 14 Pending sales and 9 Closed Sales reported. We currently have enough low-rise inventory to last 9 months.  A “normal” market is 6 months worth of inventory. I’ll be updating the www.PelicanBayExpert.com site with statistics for low rises in Pelican Bay over the next week or so.

I also see the seasonal rental market in Pelican Bay as extremely competitive.  More owners are deciding to use their units thereby taking their units out of the rental market. Seasonal rental prices have increased.

I had hoped that after the U.S. election that our market would pick up to the speed it was at last season.  Sadly, I have not seen this happen.  The high end of the market seems to be exploding.  Take a look at the CONDO statistics for the Naples area market over 2 million.

There was an article published recently by the Florida Association of Realtors that discussed the nervousness of foreign buyers. Everyone living in Florida know how much foreign buyers contribute to the real estate market.

Hopefully world events will settle down and people will have more confidence in purchasing retirement or second homes. In the mean time, unless you absolutely, positively HAVE TO SELL, I would suggest that you wait to put your property on the market until we see more movement in the market. I would also suggest that before you decide to put your property on the market you consider making some updates to your unit.  If you are undecided on what to do, give me a call, I would be happy to discuss this with you.

Are you thinking of selling your LAmbiance home?  Please give me a call.  I have a list of buyers who are looking for specific units in LAmbiance. ESPECIALLY FIRST FLOOR THREE BEDROOMS UNITS.   I’d be happy to discuss not only the pricing in LAmbiance but the pricing for low-rises in Pelican Bay and low-rises in Naples to see how your unit fits into the equation.

Looking for a home in LAmbiance or Pelican Bay? Click Here

Would you like to subscribe to LAmbiance updates? E-mail me atLynn@NaplesBuys.com and I will add you to the subscription list. Please know that I will keep your e-mail address private.

Please note that I receive no compensation for mention of any businesses or events.

About the author:

Lynn Wilber is a Real Estate Professional who lives in Pelican Bay. Her 39 years of real estate experience and her area expertise have been valuable resources to Pelican Bay Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail atLynn@NaplesBuys.com or call 239-594-2780.

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Summit Fiber Optic Project Completion

Posted December 3, 2016 by pelicanbayexpert
Categories: LAmbiance Neighborhood News

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LAmbiance – Pelican Bay – Naples, FL –  It’s been a busy time here in L’Ambiance lately with the installation of the Summit Broadband ONT boxes in our coach homes.  This project finished last week. Now all of L’Ambiance has fiber optic cable into their units.  This gives all Residents 100 by 100 MPBS service that can go up to a gigabyte service at an Owner’s option. It also replaces the coax cable and telephone wire that was deteriorating under the units because they ran through conduit that was often filled with water. This caused distorted signals and signal loss.  The change to Summit fiber optics in our units should result in a decrease in service calls. A big thanks goes out to all Residents for helping us complete this project.

Our pool project finished the beginning of the fall.  Our pool and hot tub were resurfaced. Brown tile now replaces the green tile border we previously had on our pool and hot tub.

New brown border around LAmbiance pool.

New brown border around LAmbiance pool.

 

 

 

 

 

 

Brown tile border around LAmbiance hot tub

Brown tile border around LAmbiance hot tub

 

 

 

 

 

 

 

 

 

L’Ambiance is looking good, isn’t it?  More Residents are returning to their L’Ambiance units as evidenced by the activity in our neighborhood.  I hope everyone is enjoying their time in L’Ambiance.

The real estate market was slow over the summer.  I expected the market to perk up after the Presidental election but I haven’t seen that happen as of yet.  Each day I take a look at the MLS hot sheet for Pelican Bay and I see more and more price reductions coming through. I also have been seeing more expired listings pop up.  Our low rise inventory has risen also. We currently have an absorption rate of just over 8 months. I am beginning to think that we will see a slight downward shift to the market.

Are you thinking of selling your LAmbiance home?  Please give me a call.  I have a list of buyers who are looking for specific units in LAmbiance.  I’d be happy to discuss not only the pricing in LAmbiance but the pricing for low-rises in Pelican Bay and low-rises in Naples to see how your unit fits into the equation.

Looking for a home in LAmbiance or Pelican Bay? Click Here

Would you like to subscribe to LAmbiance updates? E-mail me atLynn@NaplesBuys.com and I will add you to the subscription list. Please know that I will keep your e-mail address private.

Please note that I receive no compensation for mention of any businesses or events.

About the author:

Lynn Wilber is a Real Estate Professional who lives in Pelican Bay. Her 39 years of real estate experience and her area expertise have been valuable resources to Pelican Bay Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail atLynn@NaplesBuys.com or call 239-594-2780.

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Rainbow Over LAmbiance

Posted September 5, 2016 by pelicanbayexpert
Categories: LAmbiance Neighborhood News

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A gorgeous rainbow appeared over LAmbiance tonight. I raced out to snap a photo to share with you. Moments later a double rainbow started to faintly appear. What a wonderful way to end our Labor Day holiday.

Are you thinking of selling your LAmbiance home?  Please give me a call.  I have a list of buyers who are looking for specific units in LAmbiance.  I’d be happy to discuss not only the pricing in LAmbiance but the pricing for low-rises in Pelican Bay and low-rises in Naples to see how your unit fits into the equation.

Looking for a home in LAmbiance or Pelican Bay? Click Here

Would you like to subscribe to LAmbiance updates? E-mail me atLynn@NaplesBuys.com and I will add you to the subscription list. Please know that I will keep your e-mail address private.

Please note that I receive no compensation for mention of any businesses or events.

About the author:

Lynn Wilber is a Real Estate Professional who lives in Pelican Bay. Her 39 years of real estate experience and her area expertise have been valuable resources to Pelican Bay Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail atLynn@NaplesBuys.com or call 239-594-2780.

YouTube | LinkedIn | Website | Twitter | FaceBook |Reviews

Sealcoating Schedule

Posted August 30, 2016 by pelicanbayexpert
Categories: Lambiance News

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LAmbiance – Pelican Bay – Naples FL There is always some work going on in L’Ambiance.  Our pool has been resurfaced and is now open for use.  Work will begin on sealcoating the blacktop on L’Ambiance’s road beginning on September 6th and ending on September 13th. Eagle Property Management has sent out an e-mail regarding this event.  I thought it would also be worthwhile to post the map of the schedule on our site.

LAmbiance Sealcoating Schedule

LAmbiance Sealcoating Schedule

I was here the last time L’Ambiance  sealcoated the blacktop. We had workmen, visitors and Residents driving over newly seal coated areas.  Please take a moment to study the map and make arrangements to move and park your car the night before the sealcoating starts in your area.  Please also avoid scheduling workmen or cleaning people while this work is being completed.  It would also be a good idea to inform tenants and guests of the impending sealcoating so they also can make arrangements to park.

Yesterday found me working on market evaluations for some potential Sellers in Pelican Bay.  In the course of doing these numbers, I had to calculate some statistics for low-rise condos in Pelican Bay.  As L’Ambiance is a low-rise complex, you might want to take a moment to view the YTD numbers.

Are you thinking of selling your LAmbiance home?  Please give me a call.  I have a list of buyers who are looking for specific units in LAmbiance.  I’d be happy to discuss not only the pricing in LAmbiance but the pricing for low-rises in Pelican Bay and low-rises in Naples to see how your unit fits into the equation.

Looking for a home in LAmbiance or Pelican Bay? Click Here

Would you like to subscribe to LAmbiance updates? E-mail me atLynn@NaplesBuys.com and I will add you to the subscription list. Please know that I will keep your e-mail address private.

Please note that I receive no compensation for mention of any businesses or events.

About the author:

Lynn Wilber is a Real Estate Professional who lives in Pelican Bay. Her 39 years of real estate experience and her area expertise have been valuable resources to Pelican Bay Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail atLynn@NaplesBuys.com or call 239-594-2780.

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LAmbiance Pool Work

Posted August 19, 2016 by pelicanbayexpert
Categories: LAmbiance Neighborhood News

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LAmbiance – Pelican Bay – Naples, FL – Work has started on resurfacing our LAmbiance pool and spa.  It seems strange to see our pool without water, doesn’t it?

Lambiance Pool Work 8-18-16

LAmbiance pool getting resurfaced.

The work should be completed by August 26th if our rainy season weather permits it.  In the meantime should you wish to use a pool, our neighbors at the Crescent are allowing us to walk over and use their pool.  You can walk over to the Crescent pedestrian gate across from Avalon to access the Crescent pool.

Lambiance has had 13 sales since the beginning of the year.  My listing at 300 Lambiance CIR #105 is currently pending and will be closing on August 23rd. We currently have 4 active listings.  The second floor coach home I have listed at 1800 Lambiance CIR 201. has been getting showings.   To view all prices, photos and information on all LAmbiance listings, click here on LAmbiance real estate information.

Since the beginning of the year, Pelican Bay has had 67 low-rise sales with an average price of $624,171.00.  It is interesting to note that 7 of these 67 low-rise sales had a sales price of over 900K.  The absorption rate for low-rises in Pelican Bay is currently at 5.96 months.  A 6-month absorption rate is considered an “average” market.

Based on the number of phone calls I receive from potential Tenants, (I don’t do rentals.) Buyers and other Realtors® LAmbiance is a subdivision people want to own or rent in Pelican Bay.

My husband Don and I try to get down to the beach as much as possible after work for a swim in the warm Gulf waters.  Here’s a photo I snapped the other night. If you look closely, you can see the moon rising in the upper left-hand corner.

2016-08-06 20.34.13

Are you thinking of selling your LAmbiance home?  Please give me a call.  I have a list of buyers who are looking for specific units in LAmbiance.  I’d be happy to discuss not only the pricing in LAmbiance but the pricing for low-rises in Pelican Bay and low-rises in Naples to see how your unit fits into the equation.

Looking for a home in LAmbiance or Pelican Bay? Click Here

Would you like to subscribe to LAmbiance updates? E-mail me atLynn@NaplesBuys.com and I will add you to the subscription list. Please know that I will keep your e-mail address private.

Please note that I receive no compensation for mention of any businesses or events.

About the author:

Lynn Wilber is a Real Estate Professional who lives in Pelican Bay. Her 39 years of real estate experience and her area expertise have been valuable resources to Pelican Bay Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail atLynn@NaplesBuys.com or call 239-594-2780.

YouTube | LinkedIn | Website | Twitter | FaceBook | Reviews

 

 

Which listing price is better – $200K or $199K?

Posted August 12, 2016 by pelicanbayexpert
Categories: Selling in Pelican Bay

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LAmbiance – Pelican Bay- Naples, FL –  I saw this article this morning and just had to click on it……..

Source: Which listing price is better – $200K or $199K?

When I list a property I always use the 9’s approach. Why? My price strategy is to attract as many qualified potential buyers to my listing.  When a Buyer or a Realtor® searches for a property on-line they will normally put in a price range. Let’s imagine you are a Buyer searching for properties for sale in Pelican Bay between $400,000.00 – $600,000.00. Some computer programs will give you results between $400,000.00 – $599,999.99.  You’d have to do a separate search for $600,000.00 and higher to find properties listed at $600,000.00. If a Seller is listed with the 9’s approach, his listing would come up in the first search.  Wouldn’t you want your home found on the first search?

Are you thinking of selling your LAmbiance home?  Please give me a call.  I have a list of buyers who are looking for specific units in LAmbiance.  I’d be happy to discuss not only the pricing in LAmbiance but the pricing for low-rises in Pelican Bay and low-rises in Naples to see how your unit fits into the equation.

Looking for a home in LAmbiance or Pelican Bay? Click Here

Would you like to subscribe to LAmbiance updates? E-mail me atLynn@NaplesBuys.com and I will add you to the subscription list. Please know that I will keep your e-mail address private.

Please note that I receive no compensation for mention of any businesses or events.

About the author:

Lynn Wilber is a Real Estate Professional who lives in Pelican Bay. Her 39 years of real estate experience and her area expertise have been valuable resources to Pelican Bay Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail at Lynn@NaplesBuys.com or call 239-594-2780.

YouTube | LinkedIn | Website | Twitter | FaceBook | Reviews

 

New Listing-1800 Lambiance CIR #201

Posted August 9, 2016 by pelicanbayexpert
Categories: Just Listed LAmbiance in Pelican Bay

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LAmbiance – Pelican Bay – Naples, FL – My new listing at 1800 Lambiance CIR #201 is ready for showing.  This rarely available 3 bedroom, 3 FULL bathroom unit has 2,579 under air.  The kitchen opens to the living room and den/family room. The lanai overlooks a tranquil aquascape view.  Hurricane shutters are an added plus. If you are thinking of upgrading in LAmbiance or have a family member or friend who would like to see this unit, please give me a call at 239-594-2780.  I’d be happy to show the unit.  This unit is offered at $824,900.00. Please click on the video below for a preview.

 

Looking for a home in LAmbiance or Pelican Bay? Click Here

Would you like to subscribe to LAmbiance updates? E-mail me atLynn@NaplesBuys.com and I will add you to the subscription list. Please know that I will keep your e-mail address private.

Please note that I receive no compensation for mention of any businesses or events.

About the author:

Lynn Wilber is a Real Estate Professional who lives in Pelican Bay. Her 39 years of real estate experience and her area expertise have been valuable resources to Pelican Bay Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail at Lynn@NaplesBuys.com or call 239-594-2780.

YouTube | LinkedIn | Website | Twitter | FaceBook


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