April Sales Brisk in Old Naples

04/14/16

 
The past 15 days has been great if you are the seller of a home in Old Naples. Since the beginning of April there has been a run on new homes in the Old Naples market. If the closed sales price remains within the margin we have been seeing throughout the season there should be some record breaking. Over the past 15 days there have been 15 pending sales with 6 of these sales over $3.7m. The asking price per square foot range from just below $900 to over $1600. None of these sales are on navigable water which in my opinion sheds a positive light on where the Aqualane Shores market should be heading in the next quarter. There are very few lots available in the Old Naples market with Gulf Coast International Properties carrying listings for two of the best opportunities. Lot value in Aqualane Shores stands out as a deal where the bottom of the waterfront market sits at $2.5m (below anything available on the water in Coquina, Moorings, and Park Shore).
 
For more detailed information on the real estate market please contact Adam Carriero at (239) 641-3876 or adam@gcipnaples.com.

If you would rather meet in person I will be hosting 1650 Galleon Drive in Port Royal on Saturday, April 16th 10:00- 1:00 and 611 Riviera Drive in The Moorings Sunday, April 17th from 1-4.

Please contact Adam Carriero at adam@gcipnaples.com or (239) 641-3876. I am available for consultation on the Naples, Florida, market.
 
 
 
 

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