Naples Park and Pelican Bay Real Estate Market Report - Collier County, Florida
Naples Park and Pelican Bay, Florida - Collier County

Market Commentary Provided by Adell Cotter
While I continue to have interest via inquiries into properties, buyers seem to be waiting to purchase. Ironically, the time to buy a condo or home is extremely favorable for buyers as interest rates are rising, but certainly are still reasonable and inventory are the best I have seen in years.

  Report Date   Fall 2009  
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Adell Cotter
Adell Cotter
Seaside Properties
Naples, Florida
239-777-2763
seasideproperty@embarqmail.com
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Seaside Properties
  Nearest Metro Area   Fort Myers, FL
  Buyers’ or Sellers’ Market   More sellers than buyers
  Average Time on Market   More than 120 days
  Market Trend   Decreasing
  Housing Inventory   Good supply - Some Prices
  Average Home Price   $386,500 - View Graph Trend
  Best Selling Price Range  
  Worst Selling Price Range  
  Compared to Last Year   Up 5-10%
  Prices As % of Asking Price   85-90%
  Multiple Offers?   No
  Greatest Activity   First Time Buyers
  Buyer Activity for the past 90 days in Naples Park and Pelican Bay is  
  Seller Activity for the past 90 days in Naples Park and Pelican Bay is  
  Is Financing Available For Qualified Buyers in Naples Park and Pelican Bay?  
  Existing Home Prices for the past 90 days are  
  What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?  
  Housing Hot Spots   Beach and waterfront areas continue to sell as well as condos and homes priced in the $250,000 - $650,000.
  Reason to Buy/Sell   Population Growth
  Average Sold Price   $386,500 - View Graph Trend
 
       
       
  National Real Estate Market    
  National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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