 Most and Least Expensive Homes in September
Naples: The least expensive condo sold for
$ 16,000, the most expensive for $ 4,950,000. The least expensive single family home sold for $ 40,000 and the highest for $ 5,225,000. Marco Island's least expensive condo sold for $ 118,000, the most expensive for $ 760,000. The least expensive single family home was $ 260,000, the highest sold for $ 980,000. To see details and the highest and lowest current listings, go to www.TheRollerTeam.com and click on HighLow. |
 New Kayak Trail Open
Ever tried kayaking? It's a great way to discover the beauty of the backwaters. You can watch birds, get close to dolphins and relax on your own private island. A new trail just opened at the Ten Thousand Islands National Wildlife Refuge. The trail will connect with another one South of US 41 to create a loop through the marsh. It will connect to two other trails eventually. Visitors can use the new 18 space Marsh Trail parking lot. It is located about 3 miles west of Port of the Islands. For more information and directions go to Trail . |
 Lely Resort gets ready for improved market
We have watched two construction projects for a while now. Widening Wildflower Way to four lanes and construction across from Lely High School where the developer is putting in the infrastructure for one of the last remaining subdivisions in Lely Resort. Planned are approximately 1,400 new units.This large number of new units will certainly have an impact on sales prices of existing homes.
Find out more about Lely Resort |
Market Snapshot
The Naples area continues to draw buyers. The area saw an overall increase in pending sales of 87 percent with 862 contracts in August 2009 compared to 461 contracts in August 2008. For the past 12 months pending sales increased by 47 percent to all of 2008.
Pending single family sales rose 86 percent with 483 contracts versus 260 contracts in August 2008. 344 of these contracts were for less than $ 300,000, underscoring that this price segment is selling fast. Home inventory fell from 10,532 in August 2008 to 9,163 units.
Pending condo sales rose 89 percent with 379 contracts in August 2009 compared to 201 contracts in August 2008. Good news for condo associations that face budget problems when owners of distressed properties stop paying the fees. |
 Monthly Community Review:
The Vineyards
This community rose from humble tomato fields in 1985 to become one of today's top communities in Naples. Almost sold out, the Vineyards offers currently four distinct products. Midrise condominiums at Vista Pointe with great golf course views from $ 430,000 to $ 690,000. Three story coach homes with six different floor plans in Avellino Isles starting at $ 642,600. Venezia Grande offers single family estate homes ranging from 4,000 to over 6,000 Sq. Ft., priced between $ 2,345,000 and $ 3,660,000. The Hammock Isles neighborhood features single family villa homes starting at $ 682,900.
The Vineyards is a gorgeous community, debt free, no CDD fees and they have reduced their prices between $ 256,900 to $ 574,000 on these products. Despite these reductions competition is tough for all developments.
A selection of brandnew condos and homes is ready for buyers to move in right away. The developer also offers financing, exclusively for new products. Good news for foreign buyers who currently cannot finance through banks.
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Open Houses
Visit our open houses and win a gift certificate for $ 50 to Carrabba's Italian Grill.
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Greetings!