Posted tagged ‘Pelican Bay in Naples FL’

2016 LAmbiance Real Estate Statictics

February 11, 2017

LAmbiance – Pelican Bay – Naples, FL –  Are you curious as to what happened to real estate prices in LAmbiance in 2016?  Let’s take a look at how 2016 compared to 2015.

First Floor Garden Homes

 Average Sales Price  # of Units  CDOM
 2015  $506,000.00  5  158
 2016  $507,378.00  7  179

First floor garden homes stayed about even in terms of pricing.  Note that the cumulative days on the market did increase.  There were six, 2 bedroom units that sold in 2016 and only one 3 bedroom sale. 

 2016  Average Sales Price  # of Units   CDOM
 2 Bedroom  $478,608.00  6  179
 3 Bedroom  $680,000.00  1  94

SECOND FLOOR GARDEN HOMES

 Average Sales Price  # of Units  CDOM
 2015  $577,257.00  7  131
 2016  $606,200.00  5  143

In 2016, there were two, 3 Bedroom second floor garden units sold with an average price of $659,500.00.  There were also three, 3 Bedroom + Den units sold with an average price of $570,666.00.

FIRST FLOOR COACH HOMES

 Average Sales Price  # of Units   CDOM
 2015  $735,000.00  3  60
 2016  $805,000.00  3  82

 SECOND FLOOR COACH HOMES

 Average Sales Price  # of Units  CDOM
 2015  $847,500.00  2  111
 2016  N/A  N/A  N/A

I have to say that units that have been updated have sold for better prices than the units that have been left in their original state.  Units with water views are also selling for better prices than units without water views.

What I see taking place in the low-rise market in Pelican Bay is an increase in market time, more price reductions coming through and more listings that are failing to sell.  As of today, there are 69 low-rise units on the market in Pelican Bay.  Since January 1st, there have only been 14 Pending sales and 9 Closed Sales reported. We currently have enough low-rise inventory to last 9 months.  A “normal” market is 6 months worth of inventory. I’ll be updating the www.PelicanBayExpert.com site with statistics for low rises in Pelican Bay over the next week or so.

I also see the seasonal rental market in Pelican Bay as extremely competitive.  More owners are deciding to use their units thereby taking their units out of the rental market. Seasonal rental prices have increased.

I had hoped that after the U.S. election that our market would pick up to the speed it was at last season.  Sadly, I have not seen this happen.  The high end of the market seems to be exploding.  Take a look at the CONDO statistics for the Naples area market over 2 million.

There was an article published recently by the Florida Association of Realtors that discussed the nervousness of foreign buyers. Everyone living in Florida know how much foreign buyers contribute to the real estate market.

Hopefully world events will settle down and people will have more confidence in purchasing retirement or second homes. In the mean time, unless you absolutely, positively HAVE TO SELL, I would suggest that you wait to put your property on the market until we see more movement in the market. I would also suggest that before you decide to put your property on the market you consider making some updates to your unit.  If you are undecided on what to do, give me a call, I would be happy to discuss this with you.

Are you thinking of selling your LAmbiance home?  Please give me a call.  I have a list of buyers who are looking for specific units in LAmbiance. ESPECIALLY FIRST FLOOR THREE BEDROOMS UNITS.   I’d be happy to discuss not only the pricing in LAmbiance but the pricing for low-rises in Pelican Bay and low-rises in Naples to see how your unit fits into the equation.

Looking for a home in LAmbiance or Pelican Bay? Click Here

Would you like to subscribe to LAmbiance updates? E-mail me atLynn@NaplesBuys.com and I will add you to the subscription list. Please know that I will keep your e-mail address private.

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 39 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 atLynn@NaplesBuys.com or call 239-594-2780.

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Just Listed in LAmbiance NOT IN MLS

March 5, 2015

Pelican Bay – Naples, FL – I have just listed the largest second floor garden home in Pelican Bay with a 180 degree view of the LAmbiance lake.  Rarely available this spacious unit has 2,091 square feet under air with three bedrooms, THREE bathrooms and a one car attached garage. There are only 12 units with this E-2 floor plan in LAmbiance. This unit is offered at $589,900.00.

This unit had the option of being built as a four bedroom unit or a 3 bedroom with a den.  The current owners have the den.  This den could be converted to a fourth bedroom if desired.

LAmbiance is pet friendly allowing one dog any size or weight.

The unit is NOT IN THE MLS.  Should you wish to view this unit, please call me at 239-594-2780.

To view photos, information and details about the unit, click on 800 LAmbiance CIR 203

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

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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Holidays at LAmbiance in Pelican Bay

December 19, 2014

LAmbiance – Pelican Bay – Naples, FL –  Rounding the corner into LAmbiance last night I truly enjoyed seeing our holiday lights.  We look so festive.

Holidiay Lights at LAmbiance in Pelican Bay entry LAmbiance Celebrates the Holidays

 

I wish these photos did the lights more justice.  Our entryway looks great and I have to compliment our decorating committee!

Tuesday night Don, my husband, and I went down to the new Marker 36; formerly known as The Sandpiper.  The place was extremely crowded but I did snap some photos for you to see.  CLICK HERE  I’m happy with the improvements and I think the new look is a benefit to our community.

While the holidays are just around the corner, we have had a bit of real estate activity in LAmbiance as units came pending.  To view all the active, pending and closed LAmbiance sales since the beginning of the year, CLICK HERE . I am anticipating a very busy season.  As of today, there are only 28 low rise listings on the market.  With so little inventory on the market, I can see prices starting to appreciate. Buyers are having a hard time recognizing the market has improved.

Have you started your Summit Broadband service yet? I would recommend you sign up and get scheduled as soon as possible.  Here’s a link for information on how to contact Summit —- CLICK HERE. Once Residents start coming back in January I imagine that Summit will be swamped with calls to set up service. Pelican Bay’s contract with Comcast ends in February 2015.  Don & I started our service on November 19th.  We went through some issues that took a while to get resolved but I am happy to report that our service is working fine.  I do want to say that Summit was a great deal more receptive in trying to solve our issues than Comcast.  Every time I turn on our TV I am AMAZED at the quality of the picture!

REMINDER – If you use a Comcast e-mail address that is 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.

Should you be thinking of selling your home in Lambiance and want to know what your home is worth  in today’s market, I am happy to give you a free market evaluation. Feel free to call me at 239-594-2780 or e-mail me at Lynn@NaplesBuys.com

Looking for a home in LAmbiance? Click Here.

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

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 36 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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How LAmbiance Spent Its Summer Vacation!

September 5, 2014

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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PRICE REDUCTION – LAMBIANCE IN PELICAN BAY

June 11, 2014

LAmbiance – Pelican Bay Naples, FL – The Sellers of my listing at 1200 LAmbiance CIR #102 have instructed me to lower the price on their lovely lake front coach home from $799,900.00 to $749,900.00. Please take a moment to view the video of this home.  Should you, family members or friends be interested in viewing this unit, I’d love to show it! Please feel free to contact me at 239-594-2780.

L’Ambiance at Pelican Bay in Naples FL Weblog | A Neighborhood Blog for L’Ambiance in Pelican Bay

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.

YouTube | Linkedin | Website | FaceBook | Twitter

LAmbiance Roof Project

June 9, 2014

LAmbiance – Pelican Bay Naples, FL – I thought our residents might like to see some photos of how our roof project has been coming along. 

As of June 7th, the 2400 – the 500 buildings have new roofs.  Peel and stick has been applied to the clubhouse and the gate houses.  The 400 – 100 buildings are still a work in progress.

Here’s a shot of the clubhouse:

2014-06-08 10.36.31

Our Gate House:

2014-06-08 10.49.57

The 100 Building:

100 LAmbiance CIR

The 200 Building:

200 Building Lambiance

300 Building looking South and West:

300 Building Lambiance

300 Building Looking North and West:

300 Lambiance

400 Building:

400 Lambiance

500 Building:

500 Lambiance

Our community is still in the process of power washing the newly roofed buildings and putting new gutters on these buildings.

In other community news, a contractor, D.M.I. was selected to begin work repairing the collapsed lake bank behind the 1300 building. Work should start soon on this project. There is no special assessment is expected for this lake bank repair.

LAMBIANCE REAL ESTATE NEWS:

Curious about what’s on the market and what’s been selling in L’Ambiance?  Click Here: LAmbiance Real Estate Activity.

PELICAN BAY LOW RISE REAL ESTATE NEWS:

There was quite a bit of real estate activity the beginning of the year.  As of today, there have been 51 low rise closed sales in Pelican Bay since 1/1/2014 with an average sales price of $469,871.00. The average days on the market is at 122 with Sellers receiving 94.86% of their asking price.

As of today, there are only THIRTY-ONE low rise listings on the market in Pelican Bay. These listings have an average list price of $586,522.00 with an average of 136 days on the market.

Since the beginning of the year there have  been FIFTY low rise listings that failed to sell in Pelican Bay. Anyone remember when 75% of all low rise listings taken in Pelican Bay failed to sell?

This chart shows the number of expired low rise listings in Pelican Bay by year.

Expireds Low Rises by year Pelican Bay

Primary Year Expired Listings, Number of
2009 156
2010 170
2011 190
2012 179
2013 160
2014 50

Time frame is from Jan 2009 to May 2014

Geo Area (Desc) is ‘NA04 – Pelican Bay Area’

Building Design is ‘Low Rise (1-3)’

Results calculated from 905 listings

SUMMIT BROADBAND SWITCH

IMPORTANT REMINDER! IF YOU HAVE A COMCAST E-MAIL OR A CENTURY LINK (EMBARQ) E-MAIL ACCOUNT AND ARE SWITCHING TO SUMMIT BROADBAND INTERNET OR PHONE SEVICE, YOU MAY NEED TO OBTAIN A NEW E-MAIL ADDRESS. THIS SHOULD BE DONE BEFORE SUMMIT BROADBAND INSTALLS SERVICE IN YOUR UNIT. Google, Yahoo, AOL and Microsoft via Outlook.com offer free e-mail accounts.  Once you have your new e-mail account you will want to notify your contacts of your new e-mail address…….including ME so you can continue to receive your LAmbiance e-updates.

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.

YouTube | Linkedin | Website | FaceBook | Twitter

 

 

LAmbiance Summit Broadband Meeting

February 7, 2014

LAmbiance – Pelican Bay – Naples, FL – Do you have questions on how the change over to Summit Broadband will effect LAmbiance and your service? LAmbiance Residents are invited to attend a meeting regarding Pelican Bay’s change over to Summit Broadband.  Our Media Captain, Don Wilber, has organized the meeting and will have a representative from Summit at the meeting. This meeting is for residents questions. Here’s the meeting information:

LAmbiance Summit Broadband Meeting

  • Thursday, February 13, 2014
  • 3:00 PM
  • L’Ambiance Clubhouse

Have you signed up for Summit Broadband yet? By now you should have received information from Pelican Bay and Summit how to do so.  Pelican Bay’s contract with Comcast will end in February 2015.  When you sign up with Summit, you will received a $100.00 sign up credit towards their services and products. If you sign up before April 1, 2014, you will received an addition $25.00 credit.  Here’s how you can sign up:

Are you in residence? Sign up is easy! You can sign up:

  • At the Pelican Bay Center
  • Meet a Summit Broadband representative at a specific condo location (schedule to be provided by our association)
  • Meet a Summit Broadband representative at their Naples Retail Store.

Not in residence? You can still sign up before April 1st!

Here’s a link to Summit Broadband’s Activation Request Form.

IMPORTANT! At some point, Summit Broadband will need to get access to your residence to check the cable connectors.  If you are not in residence, you will need to give Summit Broadband the name of someone who will be able to meet them at your property to let them in to check your cable connectors.

To say I am excited about Pelican Bay’s change over to Summit Broadband is an understatement. I believe that having this service will be a great selling point for our community.

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.

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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