Sep
27

Bundled Golf Naples FL Weekly Real Estate Report & Trivia

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Bundled Golf Naples FL Weekly Real Estate Report & Trivia

As you will notice below, there was only one closing (hint, check the “Bundled Golf Naples FL Quarterly Report “), which is a reflection of the lack of significant sales volume in prior weeks. The week was fairly active with showings, so hopefully the sales agreements will not be far behind. I am disturbed by the increased inventory levels. Naples Lakes has been adding significant inventory since July 1st, 2011 and Forest Glen has not been able to reduce its inventory levels.

GOOD NEWS: Heritage Bay is 2 months from being sold out and built out in Multifamily, and is 5 to 6 months away from delivering new units at Treviso Bay (the TPC course acquired by Lennar Florida) I am hoping that this gives us a window to whittle down inventories.

TRIVIAL PURSUIT: There was one closing for the last reporting period. What was it, how much was it, and where was it.

Bundled Golf Naples FL Active Listings

Bundled Golf Naples FL Quarterly Report

BUNDLED GOLF REPORT SEPTEMBER 26th 2011
ACTIVE SALES NEW REDUCED CLOSINGS
Cedar Hammock 36 0 0 3 0
Cypress Woods 34 1 1 0 0
Forest Glen 58 1 3 3 0
Glen Eagle 46 0 3 2 0
Heritage Bay 32 0 2 1 1
Naples Heritage 21 0 2 0 0
Naples Lakes 57 0 2 1 0
Vanderbilt C C 45 0 1 0 0
TOTAL 329 2 14 10 1
This information while deemed accurate is data derived from M.L.S. of Naples and the participating member Brokers and their property listings.
Ron "The Bear" Barakett

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Ron@AskTheBear.com

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