Naples Florida Real Estate: Aqualane Shores Naples Florida Update!

Aqualane Shores Naples Florida is located at the southern end of Naples proper strategically between the areas of Port Royal and Old Naples.  Aqualane Shores was one of the first areas to be developed and launched the first dredging and fill operation starting in 1949, the same year Naples became an official city.  Some of the most fabulous Naples waterfront homes and estates located on deep water canals leading to Naples Bay can be found in Aqualane Shores. 

Because Aqualane is located within a short distance from the fabulous Naples Florida sugary sand beaches, the Naples Pier, Third Street shopping district and the world renowned Fifth Avenue, prices have always remained somewhat out of reach for the masses.  There was a time not too long ago that you couldn't even tip toe into the neighborhood without at least 2 million in your pocket and at those prices you didn't expect more than a glorified tear down.

Here's a recap of the Aqualane Shores average sold price trends over the past 4 years:

Although there are certain economic factors that will aid in the protection of a real estate collapse in Aqualane Shores, I have noticed prices coming down slightly.  Let's take a look at the Aqualane Shores market as a whole.

Here's an Aqualane Shores Market Snapshot:

• Active Listings:       26     $1,695,000 to $6,895,000
• Pending Listings:    0        Eaaak!
• Closed Sales 2008  27      $1,500,000 to $7,200,000

How good or bad is it?  Well, I must admit...it's been quite awhile since I've seen any interest in the area.  Although I saw some good interest earlier this year.  This absence of activity is no reason to panic.  Aqualane Shores is more of a high season neighborhood.  In fact, over the last two years only 2 properties in Aqualane went under contract in June, 0 in July, 1 in August and 0 in September.  So the fact there are no pending properties in Aqualane right now actually makes sense!

What does that mean for you? 

If you're considering the possibility of making a purchase in Aqualane,it would seem to me that maybe now is your best chance for good negotiating.  It's almost always easier to negotiate when nobody is banging the door down to buy than when the slew of season traffic (or hopes for a busy season) starts buzzing around.  I've heard many sellers comment about the fact that they don't know when the next buyer's coming so maybe they should put their best foot forward now.  Keep in mind this is only if you start negotiations with a serious offer.  Unless someone has given you "super secret" information, coming in with an offer at half the list price or a number equally insulting is probably only going to waste your time.

If you're thinking about selling your property in Aqualane price it right.  If I were you, I probably wouldn't put it on the market until later this year because chances are the listing is going to do nothing but collect some dust between now and October.  Not that your property can't sell between now and then...if you can wait...then fine. If you're in a hurry, let's hop on it but be prepared to be aggressive after the few who are thinking Aqualane Shores right now! 

For more information regarding the Aqualane Shores area or any other Naples Florida real estate questions, feel free to give me a shout.  I'm happy to assist!

Best Regards,

Your Naples Smart Girl!