2010 LAmbiance Home Prices

2010 Lambiance homes sales brings us good news and not so good news.  In 2009, LAmbiance saw 11 closed sales.  2010 found 13 closed sales in LAmbiance.  If you click—–> 2010 Lambaince Average Home Prices, you will be taken to a sheet showing the statistics for LAmbiance broken down by coach homes and garden homes.

FIRST FLOOR COACH HOMES – There were 2 first floor coach homes sales in 2010 with an average sales price of $512,000.00.  This represents a 13.70% decrease in the average price in 2009.   71% of the first floor coach homes listed in 2010 failed to sell.

SECOND FLOOR COACH HOMES –  There were no second floor coach homes that sold in 2010 in L’Ambiance.  The average price of the second floor coach homes that did not sell was $922,450.00.

GARDEN HOMES SECOND FLOOR – There were 5 second floor garden homes that sold in 2010 with an average price of $443,200.00.  This represents a decrease of 13.88% from 2009’s figures.  The average market time for a second floor garden home was 280 days.  55% of all the second floor garden homes listed in 2010 failed to sell.  The average price of a second floor garden that failed to sell was $500,616.00.

GARDEN HOMES FIRST FLOOR – Okay now for some good news.  There were 6 first floor garden homes that sold in 2010 with an average price of $386,250.00.  This represents an increase of 15.64% over 2009 prices. The average days on the market were 185.  Before you get too excited about this increase, please understand that three out of the 6 first floor garden homes had been remodeled and helped increase the average price.  2 of the three that had been remodeled had been TOTALLY redone.  54% of all first floor garden homes failed to sell in 2010 with an average price of $483,228.00.

What will the real estate market hold for LAmbiance in 2011?

Too foggy to see what the 2011 real estate market will bring LAmbiance in Pelican Bay
As of today, there are 114 low rise listing on the market in Pelican Bay.  In the last 12 months there have only been 78  low rise closed sales.  This means that only 6.5 low rises sell per month in Pelican Bay.  At this rate it will take us 17.5 months to deplete the current inventory.
As I have stated in a previous blog article.  There are only 5 reasons to sell your home in today’s market:
  • Death
  • Divorce
  • Health issues
  • Financial Problems
  • Buying a bigger or smaller unit

I can not stress strongly enough that if you don’t have one of the above reasons for selling, you should take your home off the market.  If you are looking to buy a bigger or smaller unit, you might not get the price you hoped for your home but you will  find an attractive price on the home you end up purchasing.

Should you be thinking of selling your home in L’Ambiance and want a candid assessment of what it would take to sell your home in today’s market, I would be happy to provide you with a free market evaluation.  Feel free to call me at 239-594-2780 or e-mail me at Lynn@NaplesBuys.com

Would you like to own a home in L’Ambiance in Pelican Bay?  SEARCH HERE, once at the search page you can search by the L’Ambiance development, save your search and new listings will be sent to you.

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 or just click on E-mail Subscription to LAmbinace Blog on the right hand side of this blog.  Please know that I will keep your e-mail address private.  Care to comment about living in L’Ambiance?  Just click on the ADD COMMENT link at the end of this entry.

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 L’Ambiance in Pelican Bay.  Her 33 years of real estate experience and her area expertise have been valuable resources for Pelican Bay Sellers and Buyers.  For more information, please contact Lynn Wilber or call 239-594-2780 . 

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