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During the last Naples, Florida real estate peak it took $535,000 to break into Pelican Bay. Today a Pelican Bay condo just closed for $286,900 which is simply a REMARKABLE deal.

The unfortunate side for the next buyer is prices from there are substantially higher. The lowest priced Pelican Bay condo is now in the mid $300’s and there’s only 1 of those. The next three are listed at $425,000. While the odds of getting a deal like the last guy is highly unlikely, the odds of getting an outstanding deal compared to the one after you is significantly high. Don’t waste anytime or you’ll miss that one too!

There are currently 11 Pelican Bay condos under $535,000. Call me today if you are looking for a great place to park some money.

Since I’m talking about Pelican Bay deals, If you can get a Pelican Bay home under $1,000,000 you’re doing pretty good. During the peak you couldn’t buy one for less than $1,350,000. Today there’s one on the market for barely over $1,000,000.

For more information regarding Pelican Bay or any other Naples real estate, contact me direct!

Best Regards,

Shannon Lefevre, PA

239-595-6223

Bay-Colony-Shores

Hello Naples Friends,

If you’ve been looking for a comprehensive Pelican Bay single family home report, you’ve come to the right place! You want to sign up to get it sent to you directly here:

Currently there are 18 single family homes in Pelican Bay for sale. That equates to just 6 months of inventory.  The Pelican Bay single family home market is under supplied but market times are rising by 67% (ouch). We might be headed for a cool down. If we are seeing a softening in the market, Now is the time to sell!

Some Pelican Bay neighborhoods have seen more success than others I’ll run through each neighborhood here.

Barrington NICE LISTINGS HERE

  • 2 Active
  • 3 Sold during past year
  • Average list/sell ratio 90%
  • 8 months of inventory.

Bay Colony Shores UHM YEAH CHECK OUT THESE HOMES, WOW!

  • 2 Active
  • 3 Sold during past year
  • Average list/sell ratio  91%
  • 8 months of inventory.

Chanteclair Manor Time To List Here!

  • 0 Active
  • 1 Sold
  • List/sell ratio 100%
  • 0 inventory.

Georgetown at Pelican Bay OMTAMT

  • 1 Active
  • 0 Sold during past year

Oakmont at Pelican Bay THIS NEIGHBORHOOD IS SMOKING HOT! CHECK OUT THE NEW ONE!

  • 3 Active
  • 13 Sold during the past year!
  • List/sell ratio 96.7%
  • 2.7 months of inventory.

Pelican Bay Woods WATCH PRICES IN HERE!

  • 7 Active
  • 9 Sold
  • List/sell ratio 93%
  • 9 months of inventory.

St. Andrews at Pelican Bay NOW’S A GREAT TIME TO LIST!

  • 0 Active
  • 2 Sold during past year
  • List/sell ratio 93%
  • 0 inventory

Strand at Bay Colony GRAND POOBAH IS LISTED HERE!

  • 2 Active
  • 1 Sold during past year
  • List/sell ratio 82%
  • 2 years of inventory.

Ok, that’s all for now! Don’t forget to sign up so you can be automatically notified about future posts.

I’m seeing more traffic on my website which typically means many of you are making plans to come down. If Naples real estate is in that plan, don’t forget to call us in advance so we can get you on our schedule and accomplish your objectives!

Best Regards,

Shannon Lefevre, PA
Your Naples Smart Girl!
239-595-6223

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Hello Naples Friends,

It’s time for the Pelican Bay high rise report! Here I’ll tell you:

  • How the Pelican Bay high rise market has performed
  • What’s going on now with the market
  • What buildings are winning, losing and standing still

The past 365 day performance of Pelican Bay high rise product:

A whopping 162 high rise condos in Pelican Bay sold during the past 12 months. With only 4.44 months on the market, that puts this segement in a pretty good undersupply. Prices are still going up but not at the rapid pace they have been. In fact, there have been 17 price reductions with the units currently on the market but there’s also been 4 price increases as well.

The market is slowing down at a pretty fast pace though. Market time is up 87%! That means Seller’s, it’s time to look at your traffic and decided if you’re priced where you need to be and if you’re planning on hitting the market for the 2016-2017 selling season, you’ll want to price it right this year and have a great strategy to attract buyers. We have one already in place so you might as well call us since you heard it here first!

Even though list price to sales price ratio is 94% (That’s pretty strong for Naples) and even though our inventories are low, I expect our inventories to increase as it always does starting around October. This is excellent news for Buyers because they should start seeing some relief in prices and have more options to choose from.  You’ll want to work with a proven professional and a Pelican Bay resident like myself to help you navigate your way through a successful sale. Call us, we’ll help you hit your objective!

Here’s how each building is performing:

Biltmore at Bay Colony: UNDERSUPPLIED WE NEED LISTINGS HERE!

  • 1 active
  • 1 pending
  • 1 sold during the past year.
  • 95% of list to sales price ratio

Brighton at Bay Colony: I NEED ’04 STACKS AND LOWER FLOOR LISTINGS HERE!

  • 2 active
  • 2 sales during the past year.
  • 92% of list to sales price ratio

Cap Ferrat at Pelican Bay: There’s lots to choose from here. Might be some opportunities for remodeling too!

  • 6 active
  • 7 sales during the past year
  • 94% of list to sales price ratio

Carlsyle at Bay Colony: WE NEED INVENTORY HERE!

  • 0 active
  • 2 sales during the past year
  • 89% of list to sales price ratio

Chateaumere Royale: WE NEED INVENTORY HERE!

  • 0 active
  • 1 pending
  • 2 sales during the past year
  • 100% list price to sales price ratio (How about that for perfection?)

Claridge at Pelican Bay: WE NEED INVENTORY HERE!

  • 1 active
  • 0 pending
  • 5 sales during the past year
  • 97% list price to sales price ratio

Contessa at Bay Colony: WE NEED INVENTORY HERE!

  • 1 active
  • 1 pending
  • 1 sale (I had the buyer on the only unit closed so far this year)
  • 88% list price to sales price ratio

Coronado at Pelican Bay: WE NEED INVENTORY HERE!

  • 1 active
  • 1 pending
  • 8 sales during the past year
  • 93% list price to sales price ratio

Dorchester at Pelican Bay: WE NEED INVENTORY HERE!

  • 1 active
  • 0 pending
  • 3 sales during the past year
  • 89%  list price to sales price ratio

Grosevenor at Pelican Bay: ONE OF THE MOST AFFORDABLE PER/SQUARE FOOT OPTIONS!

  • 4 active
  • 1 pending
  • 9 sales during the past year
  • 95% of list price to sales price ratio

Marbella at Pelican Bay: This is an assisted living building with onsite medical services and meal service

  • 3 active
  • 0 pending
  • 4 sales during the past year
  • 94% of list price to sales price ratio

Marquesa at Bay Colony: WE NEED LISTINGS HERE!

  • 0 active
  • 0 pending
  • 1 sold this year
  • 95% of list price to sales price ratio

Montenero at Pelican Bay: WE NEED LISTINGS HERE!

  • 3 active
  • 0 pending
  • 6 sales during the past year
  • 93% of list price to sales price ratio

Mystique at Pelican Bay: A SELECT NUMBER OF LISTINGS ARE NOW IN MLS

  • 2 active
  • ? pending
  • ? sales during the past year (all data is not being recorded in MLS yet)
  • ? of list price to sales price ratio

Remington at Bay Colony: 3 OF THE 7 BEACHFRONT CONDOS ARE HERE! CHECK THEM OUT!

  • 3 active
  • 0 pending
  • 1 sale during the past year
  • 91% of list price to sales price ratio

Salerno at Bay Colony: THIS BUILDING HAS AN OVERSUPPLY OF INVENTORY

  • 4 active
  • 0 pending
  • 1 sale during the past year
  • 93% of list price to sales price ratio

St. Kitts at Pelican Bay: WE NEED LISTINGS HERE!

  • 2 active
  • 0 pending
  • 9 sales during the past year
  • 94% of list price to sales price ratio

St. Laurent at Pelican Bay: BIG WATER VIEWS IN UNITS CURRENTLY FOR SALE!

  • 3 active
  • 0 pending
  • 3 sales during the past year
  • 91% of list price to sales price ratio

St. Lucia at Pelican Bay: COOL UNIT HERE!!!

  • 1 active
  • 1 pending
  • 3 sales during the past year
  • 94% of list price to sales price ratio

St. Maarten at Pelican Bay: OPEN AIR LANAIS COMPARED TO “SCREENED” HERE CHECK THEM OUT!

  • 4 active
  • 0 pending
  • 4 sales during the past year
  • 98% of list price to sales price ratio

St. Marissa at Pelican Bay: UNDER 800K HERE!

  • 2 active
  • 0 pending
  • 5 sales during the past year
  • 95% of list price to sales price ratio

St. Nicole at Pelican Bay: SOME OF THE BEST WATER VIEWS ARE HERE!

  • 4 active
  • 0 pending
  • 4 sales during the past year
  • 100% of list price to sales price ratio

St. Pierre at Pelican Bay: BRING YOUR IMAGINATION!

  • 1 active
  • 0 pending
  • 5 sales during the past year
  • 94% of list price to sales price ratio

St. Raphael at Pelican Bay: NICE LISTINGS HERE!

  • 2 active
  • 2 pending
  • 5 sales during the past year
  • 94% of list price to sales price ratio

St. Tropez at Pelican Bay: WE NEED LISTINGS HERE!

  • 0 active
  • 0 pending
  • 3 sales during the past year
  • 95% of list price to sales price ratio

Stratford at Pelican Bay: SOME OF THE MOST AFFORDABLE PER SQUARE FOOT HERE!

  • 2 active
  • 1 pending
  • 1 sale during the past year
  • 100% of list price to sales price ratio

Toscana at Bay Colony: NICE UNITS LISTED HERE! CHECK THEM OUT!

  • 2 active
  • 0 pending
  • 4 sales during the past year
  • 93% of list price to sales price ratio

Trieste at Bay Colony: GOOD DEALS PER SQUARE FOOT FOR BAY COLONY HERE!

  • 5 active
  • 0 pending
  • 1 sale during the past year
  • 84% of list price to sales price ratio

Windsor at Bay Colony: WE NEED LISTINGS HERE!

  • 0 active
  • 0 pending
  • 2 sales during the past year
  • 92 % of list price to sales price ratio

Ok, that’s all for today. I hope you enjoyed my Pelican Bay high rise report. If you want more information or want to set an appointment to list or sell your Pelican Bay property or any Naples property, call us. We’ll be happy to assist!

Best Regards,

Shannon Lefevre, PA
Your Naples Smart Girl!
239-595-6223

#Mediterra SFH inventory decreases from 15 mo. to 14 mo. in 10 days. We’re blaming #Jonah ~See what’s for sale here: http://shannonlefevre.com/mediterra

#AqualaneShores #Naples inventory increase to 14 month supply! Up 2 months from 10 days ago. Here’s what’s for sale: http://shannonlefevre.com/aqualane_shores

Looking for the #Naples #OpenHouse list? I’ll send it to you! It’s loooong today and it’s not a beach day anyway!🙂 http://ow.ly/i/gkHfZ

Love Golf? Improve your game! Practice all year! You should check out #Naples #Florida http://www.shannonlefevre.com/naples_golf_properties http://ow.ly/i/cuZCJ

2131 Marina Drive is one of the best deal in all of #AqualaneShores #Naples and it’s priced under $2m. Check it out here: http://ow.ly/Tn082

I never get tired of #PortRoyal Naples, Florida. It really is the BEST neighborhood! Check out the homes for sale here: http://shannonlefevre.com/port_royal http://ow.ly/i/cuYVx

Big changes coming to #Biltmore #BayColony #Naples #Florida check out my post and read all about it! http://shannonlefevre.com/naples_blog/view/26891/biltmore_at_bay_colony_passes_massive_renovation_plan_