Archive for the ‘2014 LAmbiance YTD Real Estate Statistics’ category

2014 YTD LAmbiance Real Estate Statistics

May 15, 2015

LAmbiance – Pelican Bay- Naples FL – Usually by the end of March or April I try to publish the YTD figures for LAmbiance.  This was such an incredibly busy season for me that I am finally getting around to calculating all the statistics! Please note that the prices I reference in the charts are sales prices.

FIRST FLOOR GARDEN HOMES

Average Median #of units
2013 $517,000. $485,000. 3
2014 $501,875 $489,000. 4
Jan – May 2015 $538,667. $540,000. 3

SECOND FLOOR GARDEN HOMES

Average Median #of units
2013 N/A N/A 0
2014 $520,000. $502,500. 4
Jan – May 2015 $583,180. $600,000. 5

FIRST FLOOR COACH HOMES

Average Median #of units
2013 $662,500. $670,000. 4
2014 $650,000 $650,000. 1
Jan – May 2015 $772,500. $772,500. 2

SECOND FLOOR COACH HOMES

Average Median #of units
2013 $803,280. $813,500. 2
2014 N/A N/A 0
Jan – May 2015 $847,500. $847,500. 2

You’ll note that there has been price increases in both the coach homes and the garden homes. I want to stress that the units in LAmbiance receiving higher prices are the units that have been updated.  What do I mean by updated?  These units have spent considerable money on updating their kitchens and baths.

There is precious little low rise inventory on the market. As of today, the MLS shows 25 low rise listings on the market in Pelican Bay. Between May 15, 2014 – May 15, 2015 there were 105 low rise sales in Pelican Bay.  This amounts to 8.75 units sold per month.  At this rate, our inventory of 25 listings would only take 2.85 months to deplete.  This creates an environment where Sellers can be more aggressive on their pricing.

Are you thinking of remodeling your LAmbiance unit before you sell it?  Please talk to me.  We can discuss what changes might benefit your unit.

I currently have a backlog of buyers for units in LAmbiance.  If you are thinking of selling, please contact me at Lynn@NaplesBuys.com or by calling 239-594-2780.

Rentals in LAmbiance are at a HIGH DEMAND for season 2016.  I DO NOT HANDLE RENTALS but I receive several calls a week from potential tenants looking for LAmbiance units to rent.  If you are trying to rent your unit yourself and have not placed a tenant for 2016, you might want to send me information on your unit so I can post it on our LAmbiance rental page.  I do this as a service for owners trying to rent their units on their own.  I can not post a unit if that unit is listed with another Realtor.

Looking for a home in LAmbiance? Click Here

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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 37 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.

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