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Pelican Landing in Bonita Springs, Florida: 2010 Real Estate Sales Review

Posted by Benjamin Dona on Monday, February 14th, 2011 at 11:26am.

The end of year 2010 Pelican Landing real estate market statistics for both home and condominium sales are listed below. Located in Bonita Springs, it is widely recognized as one of the most premier golf club communities in the area.

Pelican Landing distinguishes itself by being the only community in the area to own a private barrier island on the Gulf of Mexico. The island includes a 32 acre beach park that residents have daily access to via a community run boat shuttle service. Residents can also opt for membership in the Pelican’s Nest Golf Club. Its two 18 hole Tom Fazio designed golf courses are considered by many as some of the best available golf courses in all of Southwest Florida.

Pelican Landing Real Estate Sales Data

Pelican Landing Home Sales End of Year 2010*:
  • 50 Closed Sales (44 in 2009)
  • Average Sales Price - $553,546
  • Median Sales Price - $531,250
  • Average Days on Market - 193
  • Average Sales Price/Square Foot - $203.27
  • Average List to Sales Price Ratio - 90%
Pelican Landing Condominium Sales End of Year 2010*:
  • 61 Closed Sales (44 in 2009)
  • Average Sales Price - $228,711
  • Median Sales Price - $230,000
  • Average Days on Market - 158
  • Average Sales Price/Square Foot - $129.28
  • Average List to Sales Price Ratio - 92%

Pelican Landing Closed Property Sales 2007 - 2010

Pelican Landing Closed Property Sales 2007 - 2010

 

In comparison with 2009 sales data, we saw a 14% increase in the number of home sales and a 39% increase in the number of condominium sales. The average price for homes fell by 15% while the average price for condominiums fell by 12%. Average days on market rose by 14% for homes and fell by 23% for condominiums.

There are currently 43 homes and 50 condominiums and villas for sale in Pelican Landing. Examples include a 4 bedroom + den Bay Creek home for $1.55 million and a 4 bedroom + den Sanctuary home for $849K. Condominiums include 38 units in communities like Creekside Crossing, Cypress Cove, Lakemont Cove, Longlake Village, Mystic Ridge, The Reserve, Sandpiper Greens, Sawgrass Point, Southbridge, and The Pointe all for under $300K. And, Mystic Ridge, Sawgrass, Cypress Island and Sandpiper Greens currently have units being offered under $200K.

Being Pelican Landing residents ourselves, we are well versed in everything the community has to offer. So, if you are interested in buying or selling a Pelican Landing home or Pelican Landing condominium, please contact us at 888-617-3674. We’ll be glad to help.

*Sales Data Statistics from Nabor MLS.

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About the Author

Gulf Coast Associates, RealtorsBenjamin Dona is the Broker and Owner of Gulf Coast Associates, Realtors in Bonita Springs, Florida. He holds two advanced degrees, an MBA and an MA, and has an extensive background in both business and marketing. In 1998, he founded Gulf Coast Associates, and formed a group of like-minded Realtor® associates dedicated to offering professional Southwest Florida real estate services by concentrating on information, education and the use of leading edge technologies. He also is a recognized expert on the "Net," a much-quoted and read blog author, and a contributor to both national and international news outlets. Benjamin is a member of the National Association of Realtors, the Florida Association of Realtors, and numerous local real estate boards throughout Southwest Florida.

Contact Benjamin Dona at 239-948-3955



2 Responses to "Pelican Landing in Bonita Springs, Florida: 2010 Real Estate Sales Review"

Pete Deininger wrote:
Great summary of last year's sales for this particular area. I like the graph breakdown by quarter over the years as well. I think I'll incorporate some of your ideas into my market reports for Breckenridge, Colorado.

Posted on Monday, February 14th, 2011 at 12:54pm.

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Posted on Monday, February 14th, 2011 at 1:24pm.



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