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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