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.

So, if you would like to explore more of what the The Vineyards Real Estate market has to offer, please contact us at Gulf Coast Associates, Realtors® and we’d be happy to assist you. Call us at 888-617-3674.

*Sales Data Statistics from NABOR & SWFL MLS

Tags: real estate, sales, SW Florida