Monday, October 12, 2009

Naples Florida real estate is known for luxury on the Gulf, but look...

Naples Florida real estate is known for luxury on the Gulf, but look…

There were 286 closed sales of single family homes in Naples in the month of September 2009. Of these 286 Naples FL single family home sales, 79, over a quarter (27%) were Golden Gate Estates homes with an average selling price just under $150K. There are currently 3,316 active single family homes for sale in Naples, and only 461 are in Golden Gate Estates. So 13% of the market represents 27% of sales. Of the 79 that sold, 48 were foreclosures, with an average selling price of just under $130K. All but one contained 3 or more bedrooms and averaged over 1,700 sq ft. That’s averaging $76/sf for single family living in one of the most sought after destinations in Florida. Also, Golden Gate Estates lots are typically 1.14 acres, so you get a nice chunk of land as well. The development is non-gated and restrictions are that of Collier County, less restrictive than most developments in Naples. Golden Gate Estates has drawn the attention of all types of Florida home buyers. First time home buyers are anxious to take advantage of the $8,000 tax credit while investors are looking to capture a nice size home on a nice chunk of land at tremendous value. Golden Gate Estates is the most eastern development of Naples, but typically, most residents can remain within a half hour drive from the famous white sandy beaches that run the entire length of Naples coast. There are many benefits to buying in Naples Florida right now, and the numbers show that buyers are finding Golden Gate Estates to be hotbed of real estate value.

To learn more about Naples Real Estate and the development of Golden Gate Estates, visit http://www.naplesguru.com/golden-gate-estates-real-estate.php where you’ll find a community profile page with a write up, listings, foreclosures, and a community video tour! While your there, check out all our community profile pages and learn about all the communities in Naples. We have the best tools to search and learn about Naples real estate.

Tim Ryan, Naples Florida Realtor

info@naplesguru.com

(239) 963-4070

http://www.NaplesGuru.com - Luxury Naples Real Estate, MLS Search, Community Profiles with Video Tours

http://www.BankOwnedNaples.com - Naples REO Bank Owned Foreclosures on Google Map

http://www.eNaplesRealEstate.com - Community Based  Site with Maps, Profiles and Video Tours

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