How LAmbiance Spent Its Summer Vacation!

LAmbiance – Pelican Bay, Naples, FL – LAmbiance has been in a flurry of activity this summer. Our new roofs were finished, our buildings have been power washed.  I want to say that I was impressed by the professionalism of Castilla Roofers. The original gutter work has been completed. The LAmbiance Board has asked for additional work to be completed.

LAmbiance Roof Replacement Prior To Completion

In addition to all of the above mentioned work, Summit Broadband was installing their cables for their fiber optic network.

Summit Broadband Installing Cables in LAmbiance

Summit has recently begun installing boxes for the Optical Network Terminals on the coach homes and in the utility enclosures on the garden homes. Yes, it has been a busy summer in LAmbiance.

REMINDER – If you have been using a Comcast e-mail address that was linked to your Comcast service here in Naples, you will lose that address when you switch over to Summit Broadband.  You’ll want to change your e-mail address before the switch over to Summit happens.  Yahoo, Google and Outlook.com offer free e-mail services. Note: If you change your e-mail address, please let me know so I can keep you updated.

What’s been happening in the real estate market?  There are currently only 4 listings for sale in LAmbiance.  We have one pending sale and have had 6 closed sales since the beginning of the year.  To view details of all this information double click on this link: LAMBIANCE REAL ESTATE DETAILS

What’s been happening in the low-rise condominium market in Pelican Bay? As of today, here are the latest statistics. Note closed sales represent closed sales from the period of January 1, 2014 – September 5, 2014.

LOW-RISE CONDO ACTIVITY IN PELICAN BAY

Active Listings Pending
Sales
Closed
Sales
# of Units 27 4 72
Average Price $707,167.00 $456,625.00 $446,434.00
Days on Market 158 230 133

I want everyone to notice the number of active listing on the market —- there are just TWENTY-SEVEN listings. Granted this is the fall but this inventory has been getting lower for awhile.  Also note the average price of the pending sales vs the closed sales. It has been my past experience that when the average price of the pending sales have been higher than the average price of the closed sales, an increase in prices were around the corner.  If you have been thinking about putting your LAmbiance unit on the market, give me a call.

Let’s talk about 2015 seasonal rentals in Pelican Bay. Please remember I do not handle rentals. What I can tell you is that seasonal rentals for the 2015 market are almost non-existent in Pelican Bay. Even though I do not handle rentals, my phone has been ringing off the hook with people looking for 2015 seasonal rentals. The interoffice e-mail I receive has a constant stream of e-mails from agents looking for rentals in Pelican Bay. I have seen the prices of seasonal rentals increasing. The lease expensive rental listing in the MLS as of today in Pelican Bay is a unit in Laurel Oaks for $5,200.00 a month in season. My husband, Don, has teased me that we should rent our unit out and move to Costa Rica for 3 months. I reminded him it would be a bit hard for me to list and sell properties in Costa Rica!

This summer was not only a busy one for LAmbiance but for Naples in general.  I have to say that this August was the busiest August I have seen in the 18 years I’ve lived in Naples! I saw two car carriers in July in Pelican Bay which made me wonder if people were just leaving or coming to live here.  Just this week I saw two car carrier dropping off cars.  Hotels and restaurants in Naples were busy this August.

Don and I have made good use of the South Beach this year.  One of the many things we like about living in LAmbiance and Pelican Bay is the beach in the summertime. Every day after work, rain permitting, Don and I try to get to the beach to relax and enjoy the warm Gulf waters.

If you have been thinking of selling your L’Ambiance unit, please give me a call 239-594-2780 or e-mail me at Lynn@NaplesBuys.com I’d be happy to discuss current market conditions and the price I think your unit would sell.

Do you have your heart set on finding a home in LAmbiance?  Click here—> LAmbiance Homes For Sale.

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 36 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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