Starting Prices Along the 951 Corridor (Collier Blvd)

As of 2/27/2006

Prices have come down from their previous highs and there are some nice bargains on the market. The list below shows the starting prices for the various categories of condos and homes as of the date above.

Marco Island
Condos
Beachfront from $400,000
Gulffront from $700,000
Water Direct from $275,000
Water Indirect from $549,000
Inland from $175,000
Single Family
Beachfront from $2,700,000
Water Direct from $675,000
Water Indirect from $549,000
Inland from $390,000
Cedar Hammock
Condos from $349,500
Villas from $480,000
Single Family from $895,000
Eagle Creek
Condos from $195,000
Villas from $365,000
Single Family from $547,000
Falling Waters
Condos from $325,000
Fiddler’s
Condos from $370,000
Villas from $560,000
Single Family from $750,000
Forest Glen
HighRises from $634,000
Single Family from $675,000
Hammock Bay
HighRises from $634,000
Coachhomes from $549,000
Isle of Capri
Condos from $435,000
Single Family
Water Direct from $795,000
Inland from $399,000
Lely
Condos from $300,000
Coachhomes from $380,000
Villas from $480,000
Single Family from $600,000
Naples Lakes
Coachhomes from $440,000
Single Family from $895,000
Naples Heritage
Condos from $340,000
Coachhomes from $400,000
Single Family from $575,000
VeronaWalk
Townhomes from $419,000
Villas from $380,000
Single Family from $470,000

For more information, contact Joe Bartos at (239) 404-5068 or email to joe@TheSantaGroup.com
The Santa Group
Amerivest Realty
www.TheSantaGroup.com
www.Naples-Marco-Homes.com

Naples MLS Stats for January 2006

MLS statistics released for improved residential property (not lots). January's pendings were extremely week and inventories continued their ascent, yet we are encouraged by activity in the first part of February. We'll see if the numbers prove that next month. We are forecasting improved pending numbers through the first & second quarters of 2006 as sellers who have to sell will offer more attractive pricing.

Closings For The Month Of
Jan 2006: 480
Jan 2005: 683

Pending For The Month Of
Jan 2006: 402
Jan 2005: 1018

Inventory: 8,034 (approx. a 12 month supply) - Active (active and pending with contingency status) residential inventory in all Naples areas as retrieved from SunshineMLS today.

Prior Reports:
August 2005 - September 2005 - October 2005 - November 2005 - December 2005

Reported By:
Joe Ballarino, Broker

Marco Island Real Estate Blog

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For more information, call Joe Bartos at (239) 404-5068 or go to www.TheSantaGroup.com