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Single Family Homes In Key Naples Areas
Posted by Naples International Group on Thursday, December 21st, 2006 at 11:09am.It is very interesting to see that there are 10 single homes in Olde Naples under $1,000,000, something that we haven’t seen during the last 5 years. There are currently 102 single family homes actively on the market. The low is at $750,000, with a high at $11,960,000 and the average at $2,630,446. The price per square foot is $942, which has been above $1,000 for a while, with the average days on market is 207.
By contrast, if you look at the Crayton Road area, which would encompass Coquina Sands, the Moorings and Park Shore, there are 184 active single family home listings. In that area, the low is $650,000, the high is $8,900,000, with an average of $2,096,206. The average price per square foot is $668, while the days on market is 182.
And finally in Port Royal/Aqualane there are currently 84 single family homes listed. The low is $2,179,000, the high is $24,900,000, with an average of $6,426,678. The average price per square foot is $1,455, with the days on market is 189.
In all three areas, it’s amazing that the average home tops $2,000,000, certainly just part of the reason that Naples has become a world-class destination and such a very special place to live.
To me, what’s really fascinating is studying the different areas in Naples, the figures and graphing them on a monthly basis, which is what I do for my monthly real estate newsletter. It gives you a huge perspective of exactly what is going on, and the emerging trends.
V.K. [Mel] Melhado PA
Downing-Frye Realty, Inc.
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