The Vineyards Real Estate Sales Report - January to March, 2008
Posted by Benjamin Dona on Wednesday, May 28th, 2008 at 8:08pm.
The first quarter 2008 The Vineyards real estate market statistics for both homes and condominiums are listed below. Located in southeastern Naples and in a world of its own, this beautiful master planned gated golf community features the Vineyards Country Club which gives residents a selection of two 18-hole PGA championship golf courses. There is also a 32 acre community park and six miles of walking and biking paths that wind through majestic oaks, Cypress stands and nature preserves.
The Vineyards Sales Data
The Vineyards Home Sales Jan-Mar 2008*:
- 27 Closed Sales
- Average Sales Price - $667,059
- Median Sales Price - $450,000
- Average Days on Market - 177
- Price/Sq. Foot - $215.44
The Vineyards Condominium Sales Jan-Mar 2008*:
- 33 Closed Sales
- Average Sales Price - $314,045
- Median Sales Price - $270,000
- Average Days on Market - 231
- Price/Sq. Foot - $163.27
In comparison with 2007 sales data, we saw a 13% increase in the number of home sales and a 27% increase in the number of condominium sales. We also have seen a 23% decrease in the average price for homes and a 8% decrease in the average price for condominiums. Average days on market rose by 14% for homes and by 67% for condominiums. There are currently 88 homes and 169 condominiums for sale in The Vineyards. Examples include 4 Valley Oak homes and 3 Augusta Falls homes under $550K. Condominiums include 41 units in 8 different neighborhoods all under $300K.
*Sales Data Statistics from NABOR & SWFL MLS
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About the Author
Benjamin 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
Southwest Florida Real Estate Blog
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