The team at GCIP recently released year end market reports encompassing Port Royal, Olde Naples, and Aqualane Shores for 2013. All areas showed significant improvements versus 2012 with Olde Naples showing the most marked gains. Land values in Olde Naples over the last year have increased a whopping 30%, days on market went down 30%, and overall single family home sales were up 31%. Port Royal showed the 2nd strongest results of these 3 exclusive areas with a 15% increase in closed price per foot, a 53% decrease in days on market, and a 33% increase in the mean closed sales price versus 2012. Aqualane Shores on the other hand showed the most minimal improvement and in my opinion remains undervalued at this time. Nowhere else in Naples can you have your boat in your back yard, walk to Olde Naples shopping/dining, and also walk to the beach. For more information regarding any of the luxury areas in Naples, contact area expert Rex Miller with Gulf Coast International Properties at 239.821.1433 or [email protected].
Rex Miller, P.A.
Realtor