L’Ambiance Statistics & News

L’Ambiance Real Estate News!

I have calculated the statistics for L’Ambiance from January 1, 2008 – April 30, 2008.  You’ll note that this month there is a new format for the statistics.  When you click on the word statistics, you’ll be taken to a page where you will see a break down by active listings, pending listings, sold listings and listings that failed to sell (expired listings),  At the bottom of this statistics page, you’ll see two other tabs an AMS-High tab and a MSR tab.

If you click on the AMS-High tab, you will be taken to a break down of listing categories by price.  If you click on the MSR tab, you will be taken to a break down of L’Ambiance properties by bedroom and price. 

As of April 30, 2008, we only had 4 closed sales.  We currently have 10 active listings in L’Ambiance.  29% of all L’Ambiance listings are failing to sell with an average asking price of $682,450.00.  What is interesting that the Pelican Bay statistics for low rises in the same period of time showed NO CLOSED SALESbetween $600,000.00 – $699,999.00.  L’Ambiance also followed the same trend.  It is interesting that of the 10 active listings in L’Ambiance, 5 of them are price between $600,00.00 – $699,999.00.

When you check the Pelican Bay Statistics, you will see that the 2008 YTD figures showed that 71% of all low rises in Pelican Bay were failing to sell.  As of the end of April 2008, low rises dropped to only 49% failing to sell.  That’s encouraging. 

My office reported an increased in written contracts in April 2008 from April 2007:

                                                   April 2008     April 2007

Contracts below $250,000                    91                    27
Contracts $250,000 – $500,000        110                    81
Contracts $500,000 – $750,000          46                    36
Contracts $750,000 – $1,000,000       20                    14
Contracts above $1,000,000                 33                    30
As of today, our accounting department has taken in 57 sales contracts.  That’s a great start for the month of May!

L’Ambiance Neighorhood News

 Collier County has recently repaired L’Ambiance’s landscape irrigation system after discovering it had been improperly connected to the fire department system for several years.  The county is now signaling is will request back payments for some of the water usage.  A L’Ambiance meeting will be set up soon for the purpose of considering a course of action with the county.

Water shut down

 

 

  

The last L’Ambiance Board Meeting was held on April 17, 2008.  The board discussed reviewing alternative solutions to the waterscape systems after frequent pump motor breakdowns.  Although no waterscape system has been shut down completely for a long period, some of the pumps continue to fail with replacement taking from weeks to months to repair.  The pump motors appear to be problematic and it appears, that even after working with our contractor and the pump manufacturer, a alternate pumping method may be necessary.  

The L’Ambiance Board has also now agreed on a contractor to begin wiring a lighting project for the L’Ambiance monument signs at the Hammock Oak and Oakmont end of the subdivision.  This should be completed this summer.  

L’Ambiance has also formed a new Compliance Committee.  They have the ability to recommend fining and a course of action to bring owners into rule compliance without bringing to bear new rules and regulations of the community that may reduce owners rights.  It is a challenging new approach for L’Ambiance, but credit must be given to the members for doing a tough job very well.    

The Board has decided that it may be time for the L’Ambiance clubhouse interior to be redecorated or refurbished.  Clubhouse interior decorators along with the clubhouse decorating committee will be working on a concept in the months ahead.   If you would like to get involved in this work, please contact JB at Eagle Property Management 239-596-5567 or attend out next board meeting.  

As we head into the summer months, please remember to remove your lanai furniture if you are gone for an extended period during hurricane season.  Also remove any other outdoor items such as potted plants that can cause damage to property during a storm.

Snow birds have been staying later than normal this year.  It is just recently that we have seen their cars being packed up to make the trip back north. 

 Snow Birds Head Back North

 
 Please let me know how you like this new format for L’Ambiance updates.  You can e-mail me at Lynn@NaplesBuys.com or you can post a comment to this blog.  Should you wish to sign up for an RSS feed on this site, you are able to do so by clicking on the RSS link on the right hand side of this page.  Our www.Lambiance.net site will site be up and running, but I am hoping to post updates in this blog format.
I have started posting information on Pelican Bay at http://www.realtown.com/LynnGRI/blog This site also has an RSS feed you can click on to receive information as soon as I post it.  My www.NaplesWave.com site is still a work in progress.  Your comments and suggestions are welcome.
Cordially,
Lynn H. Wilber, Broker-Associate, GRI, e-PRO  Downing Frye Realty, Inc. 239-594-2780 Lynn@NaplesBuys.com
 
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Total accepted contracts 300 188         

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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