Nov
01
Bundled Golf Communities, Naples FL Weekly Update
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 |
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