The Vineyards Real Estate Sales Report for 2007

Posted Jan 16, 2008 @ 10:54 am, Viewed by 851 Visitors, Read 865 Times.

The 2007 year end Vineyards real estate market statistics report for both homes and condominiums are listed below. Located in southeastern Naples and in a world of its own, this beautiful master planned gated golf community features the Vineyards Country Club which gives residents a selection of two 18-hole PGA championship golf courses. There is also a 32 acre community park and six miles of walking and biking paths that wind through majestic oaks, Cypress stands and nature preserves.

The Vineyards Sales Data

The Vineyards Home Sales 2007*:

  • 37 Closed Sales
  • Average Sales Price - $778,710
  • Median Sales Price - $650,000
  • Average Days on Market - 201
  • Price/Sq. Foot - $261.48

The Vineyards Condominium Sales 2007*:

  • 38 Closed Sales
  • Average Sales Price - $390,252
  • Median Sales Price - $340,000
  • Average Days on Market - 138
  • Price/Sq. Foot - $195.81

In comparison with 2006 sales data, we've seen a 27% decrease in the average price for homes and a 34% decrease in the average price for condominiums. Average days on market rose by 6% for homes and 22% for condominiums.

There are currently 86 homes and 161 condominiums for sale in The Vineyards. Examples include 5 Valley Oak homes under $550K and 3 Fountainhead homes under $500K. Condominiums include 28 units in 10 different neighborhoods all under $300K.

So, if you would like to explore more of what The Vineyards Real Estate market has to offer, please contact us at Gulf Coast Associates, Realtors® and we'd be happy to assist you.

*Sales Data Statistics from NABOR & SWFL MLS

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