Naples Florida Real Estate: Florida: Naples: Grey Oaks Country Club

Good News For Grey Oaks Naples Florida!

I was just reviewing the Grey Oaks real estate market and here's what I found:

Currently there are 69 Grey Oaks properties for sale.
Grey Oaks Single Family Homes = 41
Grey Oaks Condos = 9
Grey Oaks Villas = 19

32 Grey Oaks properties have sold since January 1, 2011 while 47 Grey Oaks properties have sold during the last 12 months.  Only 36 had sold the 12 months prior so sales are up 30%!!!  In fact April was a HOT month for Grey Oaks with 14 closed sales in that month alone.  That's more than double the Grey Oaks sales for any given month during the past 4 years...WOW!

Other interesting Grey Oaks findings was that the average market time (which is such a weird indicator here in Naples anyway) was shrinking:
313 Days for Sales
197 Days for Pending
264 Days for Active listings

The average list price to sales price ratio is only 88% SUPER news for buyers since some sellers are negotiating!  Who's the biggest winner?  So far it looks like the buyer who purchased a Torino at Grey Oaks villa from the developer is the biggest winner negotiating a deal for only 72% of list price for a furnished unit.  A word of caution on the negotiating though...not everyone is discounting their properties to that extent.  In fact there's been one sale in Estuary at Grey Oaks this year who got their full asking price and 13 Grey Oaks home owners received at least 90% of their list price. 

What does all of this mean to you if you're a Grey Oaks buyer right now?  As I've been saying for quite awhile now, there are deals to be had but they are rarely easy to spot just by looking at what's currently available.  While you can search Grey Oaks Deals by lowest priced per square foot and that can help you see who's motivated and who isn't sometimes the presence of a written offer can influence a seller to move when they have "a bird in the hand" if you will. 

It also helps ALOT if you have a terrific agent who can help you negotiate.  If you're thinking about purchasing in Grey Oaks or any Naples luxury golf course community, give me a shout and I'll be happy to help you locate and negotiate a perfect property for you and yours.

If you're a Grey Oaks property owner the odds of getting 100% of list price are not great although they're better than they have been.  You should still expect to do some negotiating.  Please remember though that if you're property is priced out of the market it's going to be really tough to get that offer in the first place.  That's why it's important to go with an agent who knows the market and can assist you with your pricing, presentation and can handle your competition!

For more information regarding Grey Oaks, contact me direct!

Grey Oaks Naples Florida  is located in the central part of Naples and offers a distinguished list of amenities including the award winning Pine Course, the Palm Course featuring a distinctive character and the Estuary Course designed by Bob Cupp.  The 62,000 square foot Club at Grey Oaks offers views of lush green fairways and tranquil lakes.  The newer Estuary Clubhouse with pro shop and card rooms to enjoy fun times with friends, family and neighbors is very inviting. Grey Oaks properties are some of the finest available in Naples.  Grey Oaks Homes, Grey Oaks Villas and Grey Oaks Condos offer beautiful views and floor-plans and is truly a remarkable development!  Search Grey Oaks properties or contact Shannon to allow her to create a Grey Oaks property portfolio for you!

Selling Your Grey Oaks Property? Grey Oaks activity has slowed considerably since 1st quarter of this year but remains dead even with 2nd and 3rd quarter of last year with the exception of new listings which is a  benefit.  If you are considering selling your Grey Oaks property, key is to have the best product for the best price.   Starting the marketing of your home at an inflated price could cost you so make sure you have an aggressive price and your Naples agent has an aggressive marketing plan to expose your property.  As it stands right now there is less than 6 months of inventory on the market.  This is excellent news for you as there are many other locations not fairing as well.  Now is a great time to sell!

Purchasing In Grey Oaks?  There are only 22 properties for sale in the Grey Oaks area.  Keep in mind this neighborhood is showing good signs of activity.  Because of this positive line of traffic, Sellers in this location may be less interested in negotiating heavily off their list price compared to other locations for this reason although the opportunity still exists.  If you are specifically interested in the Grey Oaks area it might be advantageous to negotiate strategically today or wait a little while if you do not have your heart set on a particular property.  If you are interested in making an offer substantially less than the price offered it is best to consult your Naples Realtor regarding the motivation to sell before wasting a great deal of your time. 

For more information regarding Grey Oaks real estate contact Shannon Lefevre or feel free to check out the best Grey Oaks Deals.