LAmbiance in Pelican Bay Real Estate Statistics

Posted July 21, 2018 by pelicanbayexpert
Categories: LAmbiance real estate statistics

Tags: , , , , , , , , , , , ,

LAmbiance – Pelican Bay – Naples, FL – Are you curious as to what is happening in the real estate market?  It’s been an interesting year so far. Let’s first take a look at what is happening in LAmbiance.

Since the beginning of the year, we have only had 3 closed sales. You’ll note all of them are first floor units.  Two of these sales are coach homes and one is a garden home.  All three of these listings had new kitchens and other updates.  At present we have two active listings.

Pelican Bay currently has 41 low-rise listings on the market.  Of these 41 listings, only 15 are under 500K.  As of today there have been 61 low-rise closed sales since the beginning of the year. When you review these closed sales, you’ll see that 27 of them were 500K and under. The rest of the sales were all over 501K,

The Naples Board of Realtors recently released the 2nd quarter statistics for 2018. When you look at this report make sure to scroll down to the Condominium Market Statistics page.  I found these statistics very interesting.  Most of our sales in L’Ambiance will be between 500K-1M.  Occasionally we get some units under 500K but these units usually need work.  If you look at the statistics by price, you’ll see the market between 500K-1M only represents 11.1% of all the sales in the 12-month period ending June 2018.  The number of closed sales are down 12% prices are down 5% and inventory is down 4%. The average days on the market are up 5%.

Now take a look at the market over 1M.  The number of closed sales are UP 52%. The prices between 1M – 2M are up 12% and the inventory is down 9%.  The higher price ranges are definite on fire right now.

Please take a moment and also view the Naples Beach Statistics on this report.  You’ll see the number of sales for the 12-month period ending June 2018 represent 21.35% of the market.  The median sales price is $650,000.00 and is down 4%.

When you view the closed sales for all of Pelican Bay, you’ll find that of the 221 closed sales since the beginning of this year, 96 of those sales were over 1 million dollars. That’s 43.4% of the market!

In my humble opinion, it would appear wealthy people are taking money out of the stock market and putting it into real estate.  The people who can afford to purchase in LAmbiance are being more conservative in spending their money on a second home.  Keep in mind the tax deduction for interest on a second home ceased to exist.  Florida is also dealing with harmful blue-green algae and red tideWhile we don’t have either here in Naples currently, these conditions might affect Buyers thinking about investing over a half a million dollars when making a purchase.

The average price for a low-rise in Pelican Bay in the first half of 2017 was $613,254.00.  The average price for a low-rise condo in Pelican Bay in the first half of 2018 was $570,293.00.  That’s a 7.1% decrease in the average sales price.

Low-Rises Closed Sales Pelican Bay First Half of 2017

LR PB 1-1-6-30-171

 

Low-Rises Closed Sales Pelican Bay First Half of 2018 

 

LR PB 1-1-6-30-181

You might hear Realtors complain about the lack of inventory in Pelican Bay.  You would think the lack of inventory would be driving the prices higher.  While that is happening in the 1-2 million dollar market, it is not happening in the lower price ranges.  If you are not in the over million dollar price range, this is not the market to be aggressive in your asking price; especially if you have not updated your unit.  Forget about “testing the market”.  If you do not have to sell, do not put your unit on the market.

Have you signed up for our new L’Ambiance Community website?  Because our new LAmbiance site is a secure site, registration is required. Shortly after you submit your registration, you will receive an email with login instructions. You will then be able to choose a password, login and browse the member-only sections of the site.The registration link is: https://lambiancenaples.com/registration

If you own in L’Ambiance, have you joined our L’Ambiance in Pelican Bay Facebook page yet? It’s a great source to ask questions and to get information. Just click here —> LAmbiance in Pelican Bay. Because I am keeping this a private page, you’ll be asked to answer a couple of questions so I can approve you on the page.

If you are thinking of selling your L’Ambiance unit, please call me before you do any major remodeling. I’d be happy to discuss current market conditions and give you selling tips. I have a list of buyers who are looking for specific units in L’Ambiance. I’d be happy to discuss not only the pricing in L’Ambiance but the pricing for low-rises in Pelican Bay and condos in Naples to see how your unit fits into the equation.

Would you like to subscribe to L’Ambiance updates? E-mail me at Lynn@NaplesBuys.comand I will add you to the subscription list. Please know that I keep our e-mail address private.

Please note that I receive not compensation for mention of any businesses or events.

About the author:

Lynn Wilber is a Real Estate Professional who lives in L’Ambiance in Pelican Bay. Her 40 years of real estate experience and her area expertise have been valuable resources to LAmbiance Sellers and Buyers. For more information, please contact Lynn Wiber via e-mail at Lynn@NaplesBuys.comor call 239-594-2780.

YouTube | Linkedin | Twitter | Facebook | Reviews | Lambiance on Facebook

 

 

 

 

 

Advertisements

LAmbiance Website

Posted July 16, 2018 by pelicanbayexpert
Categories: LAmbiance Neighborhood News

Tags: , , , , , ,

LAmbiance – Pelican Bay – Naples FL –  Many thanks to the members of our LAmbiance website committee, EJ Eckert, Whit Turner, Richard Reich and Don Wilber for putting together our new Lambiance community website!  This website is just chock full of all sorts of information you may need from any recent notices to residents and board contact information.  Looking for a form?  You’ll find it on this site.  What committees do we have here in LAmbiance?  The information is on the site. Need a copy of the rules and regulations?  You’ll find them on this site.  Need association documents?  You’ll find those on this site also!  Does your Realtor need condo documents?  There is a specific sign up for Realtors on this page so they will only be able to access association documents.

I snapped a photo of my desktop screen so you could see what the site looks like on-line.

Because our LAmbiance site is a secure site, registration is required. Shortly after you submit your registration, you will receive an email with login instructions. You will then be able to choose a password, login and browse the member-only sections of the site.

The registration link is: https://lambiancenaples.com/registration

For many years, neighbors have wanted a neighborhood directory.  What is nice about this new site is that neighbors can list their contact information in the neighborhood directory.  Don’t want to be listed?  You can choose NOT to be listed or choose what information in your profile you want listed when you register. You can even post a photo of yourself in your profile! In the upper right hand corner of the site, you’ll even find a link to our LAmbiance Facebook page.  Just click on the white f to be taken to the Facebook site.

Would you like to give feedback on our site?  Once you are registered, you can click on the CONTACT US button on the site. Where it has SEND TO, click on the drop down menu and select WEBSITE QUESTIONS.  You can also comment at the bottom of this blog post and I will make sure the website committee receives your comments.  Your comments and suggestions are always appreciated!

What’s happening in the real estate market?  I’m saving my thoughts for another blog entry as it is just too much to type.

Hope you are all having a wonderful summer!

If you own in L’Ambiance, have you joined our L’ Ambiance in Pelican Bay Facebook page yet? It’s a great source to ask questions and to get information. Just click here —> LAmbiance in Pelican Bay. Because I am keeping this a private page, you’ll be asked to answer a couple of questions so I can approve you on the page.

If you are thinking of selling your L’Ambiance unit, please call me before you do any major remodeling. I’d be happy to discuss current market conditions and give you selling tips. I have a list of buyers who are looking for specific units in L’Ambiance. I’d be happy to discuss not only the pricing in L’Ambiance but the pricing for low-rises in Pelican Bay and condos in Naples to see how your unit fits into the equation.

Would you like to subscribe to L’Ambiance updates? E-mail me at Lynn@NaplesBuys.comand I will add you to the subscription list. Please know that I keep our e-mail address private.

Please note that I receive not compensation for mention of any businesses or events.

About the author:

Lynn Wilber is a Real Estate Professional who lives in L’Ambiance in Pelican Bay. Her 40 years of real estate experience and her area expertise have been valuable resources to LAmbiance Sellers and Buyers. For more information, please contact Lynn Wiber via e-mail at Lynn@NaplesBuys.comor call 239-594-2780.

YouTube | Linkedin | Twitter | Facebook | Reviews | Lambiance on Facebook

 

 

 

Top 10 Threats to Real Estate in 2019

Posted June 22, 2018 by pelicanbayexpert
Categories: Uncategorized

LAmbiance – Pelican Bay – Naples, FL – Now that season is over I have had more time to read some of my trade e-magazines. I thought you might find this article as interesting as I did:

The Counselors of Real Estate reveals its 2018-2019 list of the biggest challenges facing the housing market.

Source: Top 10 Threats to Real Estate in 2019

If you own in L’Ambiance, have you joined our L’ Ambiance in Pelican Bay Facebook page yet? It’s a great source to ask questions and to get information. Just click here —> LAmbiance in Pelican Bay. Because I am keeping this a private page, you’ll be asked to answer a couple of questions so I can approve you on the page.

If you are thinking of selling your L’Ambiance unit, please call me before you do any major remodeling. I’d be happy to discuss current market conditions and give you selling tips. I have a list of buyers who are looking for specific units in L’Ambiance. I’d be happy to discuss not only the pricing in L’Ambiance but the pricing for low-rises in Pelican Bay and condos in Naples to see how your unit fits into the equation.

Would you like to subscribe to L’Ambiance updates? E-mail me at Lynn@NaplesBuys.comand I will add you to the subscription list. Please know that I keep our e-mail address private.

Please note that I receive not compensation for mention of any businesses or events.

About the author:

Lynn Wilber is a Real Estate Professional who lives in L’Ambiance in Pelican Bay. Her 40 years of real estate experience and her area expertise have been valuable resources to LAmbiance Sellers and Buyers. For more information, please contact Lynn Wiber via e-mail at Lynn@NaplesBuys.comor call 239-594-2780.

YouTube | Linkedin | Twitter | Facebook | Reviews | Lambiance on Facebook

Starting Up a Vacation Rental Business? Here are 10 Mistakes to Avoid

Posted June 18, 2018 by pelicanbayexpert
Categories: Uncategorized

LAmbiance – Naples – FL – I ran across this article this morning and thought the author gave some good advice for handling vacation rentals. If you are renting your LAmbiance unit, I hope you find this article helpful.

Source: Starting Up a Vacation Rental Business? Here are 10 Mistakes to Avoid

If you own in L’Ambiance, have you joined our L’ Ambiance in Pelican Bay Facebook page yet? It’s a great source to ask questions and to get information. Just click here —> LAmbiance in Pelican Bay. Because I am keeping this a private page, you’ll be asked to answer a couple of questions so I can approve you on the page.

If you are thinking of selling your L’Ambiance unit, please call me before you do any major remodeling. I’d be happy to discuss current market conditions and give you selling tips. I have a list of buyers who are looking for specific units in L’Ambiance. I’d be happy to discuss not only the pricing in L’Ambiance but the pricing for low-rises in Pelican Bay and condos in Naples to see how your unit fits into the equation.

Would you like to subscribe to L’Ambiance updates? E-mail me at Lynn@NaplesBuys.com and I will add you to the subscription list. Please know that I keep our e-mail address private.

Please note that I receive not compensation for mention of any businesses or events.

About the author:

Lynn Wilber is a Real Estate Professional who lives in L’Ambiance in Pelican Bay. Her 40 years of real estate experience and her area expertise have been valuable resources to LAmbiance Sellers and Buyers. For more information, please contact Lynn Wiber via e-mail at Lynn@NaplesBuys.com or call 239-594-2780.

YouTube | Linkedin | Twitter | Facebook | Reviews | Lambiance on Facebook

House Cleaning on Our LAmbiance Blog

Posted April 30, 2018 by pelicanbayexpert
Categories: LAmbiance Neighborhood News

Tags: , , , , , , , , , ,

 

LAmbiance – Pelican Bay – Naples, FL – Today I focused on cleaning up our LAmbiance blog.  It has been a long time since I have checked the links on our site to get rid of ones that didn’t work anymore and make sure the ones that remained worked.  I also determined I had to get our SEARCH FOR A HOME page up and going.  You’ll note that on the right hand side of our blog there is now a link that reads SEARCH FOR A HOME right above a thumbnail photo of a sunset.  When you click on SEARCH FOR A HOME you go to a page with a link to help you in your search.

I would appreciate it if you could take a moment and try the search feature and give me some feedback.  Did you find it easy to use?  Were you able to find the information you wanted?  Would you suggest any changes to my instruction page?  Your comments are very welcome and I look forward to hearing from you.  Please feel free to call me at 239-594-2780 or e-mail me you suggestions to Lynn@NaplesBuys.com

You’ll note that I tried to visually clear up the right hand side bar to make it easier to find information. If there is something else you’d like to see on that side bar, please let me know. Eventually I want to get up some good links for hurricane information. Once again, your suggestions are welcome.

Thank you all for any comments and suggestions you want to share!

If you own in L’Ambiance, have you joined our L’ Ambiance in Pelican Bay Facebook page yet? It’s a great source to ask questions and to get information. Just click here —> LAmbiance in Pelican Bay. Because I am keeping this a private page, you’ll be asked to answer a couple of questions so I can approve you on the page.

If you are thinking of selling your L’Ambiance unit, please call me before you do any major remodeling.  I’d be happy to discuss current market conditions and give you selling tips. I have a list of buyers who are looking for specific units in L’Ambiance.  I’d be happy to discuss not only the pricing in L’Ambiance but the pricing for low-rises in Pelican Bay and condos in Naples to see how your unit fits into the equation.

Would you like to subscribe to L’Ambiance updates? E-mail me at Lynn@NaplesBuys.com and I will add you to the subscription list.  Please know that I keep our e-mail address private.

Please note that I receive not compensation for mention of any businesses or events. 

About the author: 

Lynn Wilber is a Real Estate Professional who lives in L’Ambiance in Pelican Bay.  Her 40 years of real estate experience and her area expertise have been valuable resources to LAmbiance Sellers and Buyers. For more information, please contact Lynn Wiber via e-mail at Lynn@NaplesBuys.com or call 239-594-2780.

YouTube | Linkedin | Twitter | Facebook | Reviews | Lambiance on Facebook

Clean Photo [ File # csp7551435, License # 1816728 ]<br />
Licensed through http://www.canstockphoto.com in accordance with the End User License Agreement (http://www.canstockphoto.com/legal.php)<br />
(c) Can Stock Photo Inc. / Boohoo

Tax reform may be boosting demand for Fla. real estate

Posted April 26, 2018 by pelicanbayexpert
Categories: LAmbiance Neighborhood News

Tags: , , , , , , , , , ,

LAmbiance – Pelican Bay – Naples, FL – I ran across this article this morning and thought it was worth sharing with you.

Source: Tax reform may be boosting demand for Fla. real estate

After reading this article, I can see these tax changes will benefit the upper end market. The over a million dollar market in Naples has been very active. The number of closed sales for condos in Naples in the 12-month period ending March 2018 showed a 3% increase in the $500,000. – 1 million dollar price range while the market between 1 -2 million had a 55% increase in number of sales.  Here is the 1st quarter of 2018 report . You’ll need to page down to the condo report.

The LAmbiance beach get together was delightful. A big THANK YOU goes out to our Social Committee for organizing this event. It was great to relax and chat with everyone. I posted photos of this event on our LAmbiance Facebook page for our neighbors who couldn’t be there.

If you are one of our Residents headed back to your Northern residence, please have a safe trip. We shall look forward to seeing you again next season!

Here is a sunset memory to take home with you.

 

 

 

 

 

 

 

 

 

If you own in L’Ambiance, have you joined our L’ Ambiance in Pelican Bay Facebook page yet? It’s a great source to ask questions and to get information. Just click here —> LAmbiance in Pelican Bay. Because I am keeping this a private page, you’ll be asked to answer a couple of questions before you are approved for the page.

If you are thinking of selling your L’Ambiance unit, please call me before you do any major remodeling.  I’d be happy to discuss current market conditions and give you selling tips. I have a list of buyers who are looking for specific units in L’Ambiance.  I’d be happy to discuss not only the pricing in L’Ambiance but the pricing for low-rises in Pelican Bay and condos in Naples to see how your unit fits into the equation.

Would you like to subscribe to L’Ambiance updates? E-mail me at Lynn@NaplesBuys.com and I will add you to the subscription list.  Please know that I keep our e-mail address private.

Please note that I receive not compensation for mention of any businesses or events. 

About the author: 

Lynn Wilber is a Real Estate Professional who lives in L’Ambiance in Pelican Bay.  Her 40 years of real estate experience and her area expertise have been valuable resources to LAmbiance Sellers and Buyers. For more information, please contact Lynn Wiber via e-mail at Lynn@NaplesBuys.com or call 239-594-2780.

YouTube | Linkedin | Twitter | Facebook | Reviews | Lambiance on Facebook

Price Reduction on 2000 LAmbiance CIR Unit 102

Posted April 20, 2018 by pelicanbayexpert
Categories: Price Reductions in LAmbiance in Pelican Bay

Tags: , , , , , , , , , , , , , , , , , , , ,

LAmbiance – Pelican Bay – Naples, FL – The owners of 2000 LAmbiance CIR #102 have decided to reduce the price on their unit from $799,900.00 to $749,900.00.  This unit is turnkey furnished. If you have been in the market for an exceptionally well taken care of first floor coach home with a superior aquascape view, this could be the unit for you!  Take a moment to tour this lovely unit:

Should you, a friend or family member like to view this home, I would be happy to show it to you.  Call me at 239-594-2780 to set up an appointment.

My listing at 2400 LAmbiance CIR #102, which was listed at $824,900.00 is currently under contract. 2000 LAmbiance CIR #102 is currently the only first floor coach home listed for sale. At $749,900.00 it is extraordinary value.

Will you be headed down to Marker36 beach Monday, April 23rd at 6PM for the LAmbiance beach get together?  The LAmbiance social committee is hosting this event and would like LAmbiance residents to join them at Marker36 beach. In a recent e-mail the social committee said, “We are going to have a casual beach get together. Please bring your own drinks and sandwich or whatever else you might like to eat. Also bring a simple light snack to pass Chips, Dips, Cheese, Crackers, Cookies, or anything else you think of. We thought this would be a nice way to get together, wish our snowbirds a safe trip home, and just enjoy the beach and each other’s company.”  If you have any questions, please give the social committee a call.  Don and I hope to see you there!

If you own in L’Ambiance, have you joined our L’ Ambiance in Pelican Bay Facebook page yet? It’s a great source to ask questions and to get information. Just click here —> LAmbiance in Pelican Bay. Because I am keeping this a private page, you’ll be asked to answer a couple of questions before you are approved for the page.

If you are thinking of selling your L’Ambiance unit, please call me before you do any major remodeling.  I’d be happy to discuss current market conditions and give you selling tips. I have a list of buyers who are looking for specific units in L’Ambiance.  I’d be happy to discuss not only the pricing in L’Ambiance but the pricing for low-rises in Pelican Bay and condos in Naples to see how your unit fits into the equation.

Would you like to subscribe to L’Ambiance updates? E-mail me at Lynn@NaplesBuys.com and I will add you to the subscription list.  Please know that I keep our e-mail address private.

Please note that I receive not compensation for mention of any businesses or events. 

About the author: 

Lynn Wilber is a Real Estate Professional who lives in L’Ambiance in Pelican Bay.  Her 40 years of real estate experience and her area expertise have been valuable resources to LAmbiance Sellers and Buyers. For more information, please contact Lynn Wiber via e-mail at Lynn@NaplesBuys.com or call 239-594-2780.

YouTube | Linkedin | Twitter | Facebook | Reviews | Lambiance on Facebook

 


%d bloggers like this: