January 11, 2007
Here are the comparative 2006 and 2005 statistics for Avalon in Pelican Bay. These statistics are only for condominiums, as Avalon does not have any single family homes. Median prices were used for list and sales prices.
Median
2005
2006
% Change
List Price
$629,000
$614,500
-2.3%
Sales Price
$600,000
$572,500
-4.6%
% of List Price
95.4%
93.2%
-2.3%
$/SQFT
$391.63
$420.34
+7.3%
Days on Market
57
119
108.8%
Sales Volume
12
2
-83.3%
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January 10, 2007
The median price paid for a residence in Pelican Bay during calendar 2006 was $1,200,000 versus the median price in 2005 it was $925,000. The increase in the median price was 29.7%. Increases during 2006 were not expected as the Naples real estate market started to turn to a balanced market in October 2005.
The median [...]
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