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Andalucia – Naples Houses For Sale

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Andalucia in Naples is a private gated community of 167 home sites.  Shopping, restaurants, cultural and entertainment venues and schools nearby.  Homes have between two to five bedrooms and range in size from 1.767 to 3,350 square feet of living area.  To date 48 homes have been committed to.  The amenities found in Andalucia are: community pool, health and fitness center, clubhouse, and gated.  The home range in price from the $500,000 to $700,000′s.

For more information about the Andalucia development in Naples, please be sure to contact your Glenn Ginsburg, your Naples REALTOR.

Filed Under: Homes for Sale in Naples FL, Naples Florida Real Estate, Naples Homes

Estero Florida Real Estate Condo Update – Oct. 2006

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The Estero condo market continues to be sluggish.  During the month of October 2006, 6 condominium units were closed.  The previous month (September), 9 units were sold.  For the previous year, October saw 13 units sold, therefore the sluggish market.

The median price paid for an Estero condo in October of this year was $268,950 and the average was $294,650.  During September the median price was $294,000 and the average was 317044.  The decrease in prices paid in October was largely due to the number of higher priced condominiums sold.  In October 2005, the median price paid was $298,000, with the average price of $330,169. The interesting fact here is that larger units (1,423 vs. 1,374) square footage wise were sold in 2006 at a lesser per square foot price than in 2005; price per sq. ft. in 2006 was $207 versus the 2005 figure of $240.

The sluggishness of the Estero condo real estate market can also be seen in the average days on market:
October 2006 – 87 days, September 2006 – 96 days, October 2005 – 26 days.

As of December 9, 2006 there are a total 533 resale condominiums currently on the market for sale.

Filed Under: Estero Condos, Estero Florida Real Estate

Estero Real Estate Transactions Homes

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During the month of October 2006, 12 Estero FL homes were closed.  The homes had an average price of $491,925 and the median price was $414,050.

In October 2005, 14 homes were sold.  The average price of these homes was $414,957 and a median price of $393,750.

The average days on market in October 2006 was 136 days versus October 2005’s 35 days.

The volume of transactions remained the relatively the same between 2006 and 2005.

Clearly the average price increased, due to 3 homes being sold in excess of $700,000.  In 2005, the most expensive sold for $649,900.

The median price paid increased due the more expensive homes being sold.  It can also be seen through the price range – October 2006 – $230,000 to $860,000.  The price range in October 2005 was $249,000 to $649,900.

The increase in the average days on market was seen in all price ranges in the Estero area.

If you are thinking about buying or selling, please think of me as your Estero FL REALTOR.

Filed Under: Estero Florida Real Estate, Estero Homes

Bonita Springs Real Estate Condo Update – Oct 2006

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During the month of October 2006, Bonita Springs Florida real estate condo market saw 45 condos sold compared with 55 condos sold in October 2005. The volume of sales reflects only about an 18% reduction.

The median price for a Bonita Springs condo sold in the current year was $415,000 compared with last year’s $335,000. The average price paid in October 2006 was $781,016 versus last year’s $372,661. The increases occurred because of the number of million dollar condos sold in 2006. Last there were no sales in excess of the million dollar mark, whereas, this year there were 12 condos sold. The vast majority of the million dollar sales took place in Bonita Bay.

The average days on market in 2006 were 131 days; 90 days more than last year’s 41 days. There were on 3 condominiums significantly longer on the market for over 100 days.

Compared with September 2006 the number of condominiums sold were 27, with a median price of $320,000 and average price of $328,607. No condominiums sold for over million dollars in September. When looking at the closed sales in October 2006, without the million dollar units the median price is $325,900 and the average price $375,931.

The Bonita Springs condo real estate market appears as though there could be some stabilization taking place.

Filed Under: Bonita Springs Condos, Bonita Springs Florida Real Estate

Bonita Springs Real Estate Home Update – Oct. 2006

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Market Update for Bonita Springs Florida Real Estate:

During the month of October 2006, a total of 26 Bonita Springs homes were sold. The median price was $355,000 and the average price was $668,844.

Compared to October 2005, 49 homes sold, with a median price of $580,000 and average price of $830,361.

The volume of closed sales for Bonita Springs homes comparing the current year to prior year is a 47% reduction.

The median price shows a reduction of about 39%. The average price also reflected a reduction of about 19%.

The reduction in median and average prices is largely due to the volume of million dollar plus homes in the Bonita Springs area.

The average days on market (listing to contract) increased from 78 days in October 2005 to 148 days in during the same month in 2006.

The statistics for September 2006 activity was 27 homes sold, with a median price of $329,900, an average price of $526,322, and average days on market of 108 days. The difference between September and October 2006 is largely due to the number of million dollar homes sold in October.

Please visit my web site for more information about Bonita Springs real estate and Naples Florida real estate.

Filed Under: Bonita Springs Florida Real Estate, Bonita Springs Homes
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