Pelican Bay Annual Market Update

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 sold price includes both single family homes and condominiums.

Later this month median sold prices will be posted for the neighborhoods or communities within Pelican Bay.

For historical median sold prices from 2002 to present for Pelican Bay the figures can be found within my site.

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