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Mediterra in Naples, Florida End of Year 2009 Sales Report

Posted by Benjamin Dona on Tuesday, February 23rd, 2010 at 9:54pm.

Mediterra Real Estate SalesIf you are looking for Luxury Florida real estate, there is no better place to look in North Naples other than Mediterra.

Mediterra is reminiscent of the authenticity of the Tuscan countryside and is an exquisite upscale gated community still in the development stage. Centered around two Tom Fazio designed championship golf courses and the 25,000 square foot country club at the Piazza, residents at Mediterra will enjoy one of the most exclusive lifestyles available on the Southwest Florida Gulf Coast. Residents also enjoy 200 feet of beach shoreline on the famous white sands of Bonita Beach at the community's private Beach Club which includes an elevated swimming pool, full service dining, and changing facilities.

Here's a synopsis of the end of year 2009 Mediterra real estate market statistics for both home and condominium sales.

Mediterra Real Estate Sales Data

Mediterra Home and Condominium Sales - End of Year 2009*:
  • 28 Closed Sales (35 in 2008)
  • Average Sales Price - $1,530,050
  • Median Sales Price - $1,075,000
  • Average Days on Market - 307
  • Average Sales Price/Square Foot - $358.92
  • Average List to Sales Price - 83%

In comparison with 2008 sales data, we saw a 20% decrease in the number of home and condominium sales and a 21% decrease in their average selling price. Average days on market fell by 3%.

For more information about Florida luxury real estate for sale, here is a list of some very well known communities.

Southwest Florida Luxury Communities

Southwest Florida Luxury Real Estate for Sale
Bay Colony Grey Oaks
Colony Tiburon
Barefoot Beach Miromar Lakes

If you would like to explore more of what the Southwest Florida real estate market has to offer, please contact us and we'd be happy to assist you.

*Sales Data from NABOR & SWFL MLS

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2 Responses to "Mediterra in Naples, Florida End of Year 2009 Sales Report"

Austin Luxury Homes wrote:
Slowing just 20% in that price range doesn't sound too bad, but it looks like prices took a significant hit. I expect you will continue to see that.

Posted on Wednesday, February 24th, 2010 at 3:44pm.

Benjamin wrote:
It's defintely happening to many of the higher end properties.

To be honest, it's about time. A whole bunch of the high end sellers still have not accepted that their properties are worth less too.

Posted on Wednesday, February 24th, 2010 at 3:55pm.

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