Monday, June 23, 2008

What home should you choose in Naples or Belmont Shore?

With all of the talk in the media about long beach real estate and how there are just choices everywhere and people should be getting deals of their lives no one talks about the areas that have not been severly affected.

If you look at the area of Naples and Belmont Shore you have (as of today) only 74 single family homes to choose from.

Let's also take a look at the cost of the average home in the area so we can see what is going on as well.

Properties that are currently available in Belmont Shore & Naples

  • Average Price of Homes for Sale: $1,637,910
  • Most Affordable home: $739,000
  • Most Expensive Home $5,500,000

What is currently in escrow

  • There are 7 properties currently in escrow
  • The average price of properties in Escrow is $2,098,000
  • The most affordable home in escrow is $800,000

So what does this all mean? It means that if you want a piece of property near the water there are some opportunities for you. It doesn't mean that you will be able to buy it for $100,000 and sell it the next day for $700,000.

Sellers on and near the island have to sell homes to make their moves in what they need to do. If you have been holding off on your dream of moving close to the water this may be your time to do it. Make sure you have all the information first. Check out the market surrounding your home with our marketsnap shot and you can see what the homes look like in the naples and belmont by searching with our free mls.

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