Market Update: Island Walk, Naples Florida

By
Real Estate Agent with John R Wood Realtors

Dendrobium Orchids taken on our Lanai, October 8th,2010

 

 Island Walk Real Estate:

Here's a look at Island Walk as of October 5th:

Property

Number for Sale

Lowest Price

Highest Price

Avg. Asking Price Per Sq. Ft.

Avg. Days on Market

 

 

 

 

 

 

Island Walk

             53

$180,000

$599,000

$177

  114

 

Here's a breakdown of what's currently on the market:

 

 

Under $200,000

$200,000 to $249,999

$250,000 to $349,999

$350,000 to $449,999

Over $450,000

Number for Sale

    2

 

      14

     12

     20

   5

Average Price per Sq. Ft.

  $123

 

  $145

   $168

  $202

 $219

Average Number of Days on Market

    41

    141

    133

     100

  73

 As of October 5th there were 53 active listings in Island Walk.

There were 3 pending sales.

There were 8 Active listings with a contract

There were 62 closed sales thru October 5th of 2010.The average price per square foot actually paid for the properties sold YTD was $164.   This is 93% of the average asking price per square foot for all homes currently on the market.

Island Walk market remains active and the best news is the number of short sales has dwindled. Some prices of Solds have raised the comps for appraisals. Overall the current market here is stabilizing.

For a day to day snapshot use this complimentary service for the area's MLS. Go to: http://www.lynnbower.listingbook.com

My website: http://www.anotherbeachday.com

 

Posted by

Lynn M. Bower ABR, GRI, RSPS
John R Wood Realtors
Direct: 239.438.6784

 

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Robyn DeVille

Lynn...

As a 'techy' lover...you are doing terrific.

We should start a WCR Tech Tip on the WCR web site weekly or monthly and  send out as a mass email.

Your blog looks great!

 

Robyn

Oct 15, 2010 08:47 PM #1
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Lynn M. Bower

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