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Lely Resort Real Estate Sales Report - January to March, 2008

Posted by Benjamin Dona on Sunday, June 1st, 2008 at 1:40pm.

The first quarter 2008 Lely Resort real estate market statistics for both homes and condominiums are listed below. Lely Resort is one of Naples premier gated communities.

Lely Resort Real Estate Sales

Encompassing 3,000 acres of lakes and preserves, it is truly a sought after place to live by those seeking a respite from the stress of everyday life. Lely Resort is an amenity rich, sophisticated and luxurious style of living conveniently located near Naples' beaches, 5th Avenue shopping, and exquisite dining experiences. The development offers a variety of single family homes, villas and condominiums, most with stunning golf and water views. The community also offers 54 holes of truly championship golf designed by Robert Trent Jones, Lee Trevino and Gary Player and features the completely renovated Players Club & Spa.

Lely Resort Sales Data

Lely Resort Home Sales Jan-Mar 2008*:
  • 22 Closed Sales
  • Average Sales Price - $619,568
  • Median Sales Price - $527,500
  • Average Days on Market - 212
  • Price/Sq. Foot - $251.92
Lely Resort Condominium Sales Jan-Mar 2008*:
  • 10 Closed Sales
  • Average Sales Price - $295,300
  • Median Sales Price - $288,000
  • Average Days on Market - 179
  • Price/Sq. Foot - $168.68

In comparison with 2007 sales data, we saw a 37% increase in the number of home sales and a 66% increase in the number of condominium sales. We also have seen a 21% decrease in the average price for homes and a 18% decrease in the average price for condominiums. Average days on market rose by 6% for homes and by 15% for condominiums. There are currently 143 homes and 137 condominiums for sale in Lely Resort. Examples include 6 Mustang Island homes and 3 Prestwick Place homes under $450K. Condominiums include 26 units in 10 different neighborhoods all under $250K.

So, if you would like to explore more of what the Lely Resort Real Estate market has to offer, please contact us and we'd be happy to assist you.

*Sales Data Statistics from NABOR MLS

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