Posted on Tuesday, May 21, 2013
With its proximity to town and the opportunity to live on a canal with easy gulf access the properties in Royal Harbor remain in high demand. Once we saw the bottom – or at least what we think is the bottom of the real estate market – the flippers and home renovators arrived here. The area is under transformation as a drive down most streets will show you new places under construction or completed.
Prices are on the rise here with the average selling price reaching $1,409,828 based on April month end data in the Sunshine MLS. There is some scarcity in available properties with 31 single family homes for sale this morning against a twelve month sales record of 39 properties. This equates to an inventory of 9.5+ months – not as tight as other areas in town but tight enough to support a stable price market for now.
There are fewer homes for sale under $1,000,000 as in past years with only 6 such properties on the market this morning.
Let us help you find property in this scarce market or help you price your property for sale in these times. Give us a call or email us and let’s get started.
For National And Naples Fl real estate trends see our YouTube channel http://www.youtube.com/user/naplesbestaddresses?feature=results_main .. or register at http://NaplesBestAddresses.com.
* Data Source: Sunshine MLS All Naples Area Data
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No legal, investment, or tax advice is being given in this Blog. Consult with legal, financial and tax professionals before acting on any real estate transaction. Actual real estate price and sales results are subject to market forces and are not completely predictable. The writings of this Blog are intended for the sole use of our clients.
Some of the data relating to Naples homes for sale and Naples real estate for sale on the NaplesBestAddresses.com website comes in part from the Broker reciprocity program of M.L.S. of Naples, Inc. The properties displayed here may not be all the properties available through the MLS reciprocity Program. This information is deemed reliable but is not guaranteed. Buyers and sellers are responsible for verifying all information about their purchase prior to closing.
Mark Goebel, PA is a REALTOR with Coldwell Banker on 5th avenue in Naples, Florida with 35+ years of visiting and living in Naples. After 25 years at Accenture, Mark retired as a managing director and spends his time helping non profits and building a Naples real estate team with his wife Nan. Talk to Mark and Nan about life in Naples and why they chose this place to live full-time over all others and enjoy Naples real estate.
Mark Goebel, PA
REALTOR Coldwell Banker 5th Avenue South
Mobile: 239.595.3921
NaplesBestAddresses.com
Facebook: NaplesBestAddresses
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