Naples Florida Real Estate: I'm Sorry But That Condo In Pelican Marsh Is Under Contract!

It's starting...the calls from people up north who have been hovering over Naples, Florida waiting for prices to change...are calling on listings they saw at excellent prices that are now under contract. 

I wrote a post last week about how quite a few of the best priced properties in Pelican Bay had recently gone under contract and I think I need to extend the alert to other areas in and around Naples, Florida.

Many of Naples, Florida best priced properties in PRIME locations are starting to disappear. 

Specifically, there was a unit in Arielle at Pelican Marsh listed for $339,000 that just went under contract on January 4th.  There's another one listed for $350,00 and comes furnished.  Next one up is $365,000...I fully expect the one for $350,000 to go under contract very shortly!

Buyer's attitudes have changed drastically compared to last season.  They are not nearly as hesitant as they were last year to purchase despite all of the nationwide media.  Here are two more examples:

I've had web hits within the last week with search terms like:

2007 "real estate" "prices fell" Naples

Naples real estate prices 2007

But today I saw this search term:

Stabilization of real estate market in Naples, Florida.

A caller also mentioned that he is now "unhappy with the stock market" and is looking to do something different.  This may be the beginning of perhaps another pool of Naples, Florida buyers who have been somewhat preoccupied til now!

IF YOU ARE ONE OF THOSE PEOPLE WAITING TIL THE END OF SEASON TO PURCHASE THAT GREAT DEAL IN NAPLES, FLORIDA...YOU MAY BE TOO LATE!  You can expect sellers to tighten their negotiations if too much more of this activity continues!