Cap Ferrat at Pelican Bay is one of my most favorite Pelican Bay high-rises! Current Cap Ferrat at Pelican Bay real estate statistics are as follows:
- 10 Cap Ferrat units for sale.
- 7 Cap Ferrat sales have occurred during the past 12 months.
- 1 Cap Ferrat at Pelican Bay unit is currently under contract.
Current Cap Ferrat at Pelican Bay inventory sits at 17 months which is slightly over-supplied at this time. This is not a surprise since Pelican Bay high-rise inventory is the last segment of property to recover from the down turn. Evidence of a buyer's market has been evident here by checking out the list price to sales price ratio coming in at 87% which is actually lower than the Pelican Bay average. There have been 2 penthouses in Cap Ferrat that have sold during the past 12 months and there are still 2 penthouses available. They're magnificent if you haven't had a chance to see them....and if you're going to look at those then you might as well schedule some time to take a peek at the Montenero at Pelican Bay penthouse for sale too...it is AMAZING!
If you're a potential Cap Ferrat Buyer: Cap Ferrat has definitely picked up speed this past 12 months with the 7 sales....the year before that there were only 3 so I think if the market continues the way it's going, buyers will quickly lose their edge here. Again, I almost feel silly for saying something like that because of the current state of our economy but I would feel even sillier for saying you have plenty of time to drag your feet. You have some great options for negotiating strategy so give me a shout and lets get started!
If you're considering selling your Cap Ferrat unit: As you know the Cap Ferrat market has been over-supplied for quite some time as it is now. If many of your neighbors don't decided to hop on the sale train this season, we may see the tables turn towards slightly favoring the seller sometime mid season. You'll want to make sure you're priced well and have an aggressive agent with, "out of the box" marketing strategies to help you get your property sold. It's time to be creative, technical and enthusiastic about attracting your buyer. Call me for some details of how we can help!
I hope you enjoyed this Cap Ferrat at Pelican Bay report. Please let me know how else we can be of assistance!
Serving my purpose through content rich informaton about Naples, Florida real estate!
Best Regards!
Shannon Lefevre, PA
Your Naples Smart Girl!
239-595-6223
www.ShannonLefevre.com
“The opinions expressed herein are those of the author and do not necessarily represent the views of John R. Wood Realtors.”
This is so very true - I hope folks pay attention to these two lines:
Again, I almost feel silly for saying something like that because of the current state of our economy but I would feel even sillier for saying you have plenty of time to drag your feet. You have some great options for negotiating strategy so give me a shout and lets get started!
Well said, it's the perfect storm for home ownership - good values and great rates. Go get em and call Shannon today,
Shannon, I just clicked the link, and this looks like an amazing place to live!
Debb, I know!!! I'm already seeing some tightening..I hope it doesn't get too crazy too fast...that's not fun either!
Patricia, I hope your new company goes like gang busters!!! :)