Pine Ridge Market Update


Pine Ridge is a premier Naples location for residents who enjoy rural type living while being right in the center of town.  Pine Ridge offers lot sizes from 1 acre up to 6 acres and is located east of US41 and west of Goodlette Frank and south of Vanderbilt Beach Rd and north of Pine Ridge Rd.  The school district is A-rated.  You are only a short drive to the beach, directly across from Artis Naples and Waterside Shops and .5 miles from Mercato.

The Pine Ridge Marketplace Update looks like this as of August 20, 2014, according to our NABOR MLS.

There are currently 28 single-family homes for sale on the MLS priced between $650,000 and $6,499,000.
  • 12 homes are listed under $1,000,000
  • 7 homes are listed between $1,000,000 and $2,000,000
  • 2 homes are listed above $3,000,000 highlighted by 110 Ridge Drive listed at $6,499,000
There are 4 homes under contract ranging from $628,000 to $1.325,000.

Over the past 365 days, there have been 31 closed sales ranging from $407,000 to $4,275,000.  21 of those sales have been in the $2,000,000 level and lower.

Assuming the 4 pending sales close there is almost exactly 1 year's worth of inventory in Pine Ridge.  In real estate, we consider a 1-year inventory a balanced marketplace for buyers and sellers. 

I am a Pine Ridge resident and a market expert.  If you want further information on Pine Ridge please contact me at 239-777-1451.

Warmest Regards,

Kevin Aizenshtat


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