Naples Florida Real Estate: Pelican Bay Price Reductions In Full Bloom!

It's not atypical for many sellers to reduce prices this time of year for fear of our most active selling season coming to an end.  In fact, it's an annual occasion unless we're in a super high powered market...which today we are not. :(  That's good news for those buyers who have been out there hovering over Pelican Bay!

Some Pelican Bay buyers are lucky enough to land a great deal during season which is awesome because that may mean they'll have a chance to enjoy their new Pelican Bay property before the cold goes away up north.  The lion share of the hot deals in Pelican Bay coincide with our weather though.  The hotter it gets, the hotter the deals get!

Just since March 11th (this past week) there have been a whopping 34 price changes in Pelican Bay with Bay Colony Shores leading the way with 3 price reductions in that neighborhood alone!  Since Bay Colony Shores has been what I would consider a sluggish market that's excellent news and although there's been chatter about an offer on one of those listings in there, you'll still want to do your full research before purchasing in this location.

There are some exceptional deals to be had in Pelican Bay right now. Click Pelican Bay deals to easily search the best prices per square foot!  You can also search by Pelican Bay neighborhood or by Pelican Bay building type! 

Two Pelican Bay deals I can tell you about now are:

• 816 Bentwood Drive - A single family home located in Pinecrest at Pelican Bay listed for the amazing price of only $850,000!  Lots of updates, a great sized, private lot complete with fruit trees, screened lanai and pool! This is by far one of the best single family home deals that can be found in Pelican Bay!
• 8111 Bay Colony Drive #1002 - A beachfront high-rise condo located in Contessa at Bay Colony which happens to be the lowest priced beach view Bay Colony high-rise unit available. 

Traffic has been strong on both of these properties and I suspect these will sell not only because of the condition and location but more so for the value here! 

There are other Pelican Bay deals to be had though so do your research or contact me and I'll help you find a great property at a great price!

Pelican Bay Sellers:

Despite what some sellers believe, price reductions are the most effective way to get your property sold at least in the current Naples, Florida market.  For example;  just Friday there was a sizeable price reduction on a property in Oakmont at Pelican Bay. (Unfortunately, I don't have permission from the Broker to be specific about this property but you can email me direct for more details). This listing has created such a buzz amongst brokers and agents that it's rumored to have at least 3 offers going on it right now.  I just checked MLS again and although it's technically not showing pending in MLS, I wouldn't be surprised if an agreement is already negotiated or will be within the next 24 hours! 

There was another one listed in Laurel Oaks at Pelican Bay that went on the market earlier this year in the $250,000 price range.  For those of you who don't know, there hasn't been a sale in Pelican Bay for under $300,000 in quite some time!  That was an exceptional deal and that one went within just a couple of days for full price.

I don't think this is the market to be doing $5,000 and $10,000 dollar bumps (or tiny percentage bumps). If that's all you got, it's better than nothing at all to spur activity!

If you want to get your Pelican Bay property sold soon, contact me direct!  There are still a few tenured agents out there who are a little bewildered at what it takes to sell real estate in the Pelican Bay area right now and with the market behaving differently than it has in the past, I can somewhat understand.  I do have a realistic pulse on the Pelican Bay market right now and can tell you with precision where you need to be to help you get your Pelican Bay property exposed to the prospect base of people who are still considering a Pelican Bay purchase! So don't delay, season is in fact almost over!

Best Regards,

Your Naples Smart Girl!