GCIP Naples Targets $300 Million in 2011



GCIP Targets $300 Million

GCIP Targets $3 Million in SalesNaples welcomes a strong summer real estate market, and Gulf Coast International Properties is at the forefront of these sales with over $95,000,000 in new listings brought to market in 2011 thus far, and an astonishing $150,000,000++ in pending and closed sales for 2011 at Mid Year!! With only 9 professional realtors and brokers full-time, Gulf Coast International Properties is targeting a total of over $300,000,000 in closed sales for 2011. A feat unmatched by any other boutique luxury real estate firm in Naples.

Old Naples, Aqualane Shores, and Port Royal-Naples, FL - Real Estate Inventory & Market Analysis

Now approaching mid-year 2011. A look back over the 2011 season's sales of luxury homes and lots in and around the prestigious waterfront, beachfront, and near beach communities of Port Royal, Aqualane Shores, and Old Naples shows an exciting increase in market activity, sales, and overall health of the downtown luxury real estate market here in coveted Naples, FL.

As a quick analysis; there are currently 236 luxury homes and lots actively for sale in Old Naples, Port Royal, and Aqualane Shores. With that said there have been 94 luxury homes and lots sold or otherwise pending to close since January 1st, 2011! With sales recently increasing this analysis is sure to improve, but with a forecasted 188 homes and lots to sell in these three luxury neighborhoods for 2011, this equates to a strong market absorption rate, and approximately only 15 months of inventory currently available. This is even more appealing as this absorption rate figure has been declining over the last two years down from approximately 20-24 months of luxury real estate inventory available just last season in 2010 throughout Port Royal, Aqualane Shores, and Old Naples.

Shaun Dalton


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