Nov
01

Bundled Golf Communities, Naples FL Weekly Update

by , under Uncategorized

A few observations for Bundled Golf Communities in Naples Florida:

1. Glen Eagle has been added to the list, so comparing Active listings , the comp number should be 248 (arrived at by subtracting 58 Glen Eagles from the total). That is a 22% increase in units, not an insignificant number.
2. Heritage Bay has sold over 210 units for calendar 2010 year to date.  This is significant because it puts them into a sold out position for winter 2012 which will remove a lot of downward pressure on prices.

Bundled Equity Quarterly Golf Report

Bundled Golf Communities Active Listings

BUNDLED GOLF REPORT OCTOBER 30, 2010
ACTIVE SALES NEW REDUCED CLOSINGS
Cedar Hammock 35 0 -1 0 0
Forest Glen 61 -1 4 3 1
Glen Eagle 58 3 5 4 0
Heritage Bay 27 1 1 3 2
Naples Heritage 28 1 0 1 0
Naples Lakes 57 -1 4 1 1
Vanderbilt C C 40 1 6 1 0
TOTAL 306 4 19 13 4
Ron "The Bear" Barakett

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Ron@AskTheBear.com

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