Olde Naples Property Statistics
There are currently 59 Active Single Family homes for sale & 84 sold within the last year
There are currently 87 Active Condominium listings and & 155 sold within the last year
All Single Family
Average Active List Price: $3,070,736.84
Average Active List Price/Square Foot: $839.93
Average List Price in the Past Year: $2,616,605.88
Average Sale Price: $$2,353,095.24
Average Sale Price/Square Foot: $708.98
Average Days on Market: 162
Average SP/LP Ratio: 92.47%
Single Family Post-2004
Average Active List Price: $3,484,667.00
Average Active List Price/Square Foot: $835.00
Average List Price in the Past Year: $3,009,356.96
Average Sale Price: $2,736,785.71
Average Sale Price/Square Foot: $697.11
Average Days on Market: 208
Average SP/LP Ratio: 92.32%
As with Port Royal, sales in Olde Naples are led by the newer construction. Lot prices are rising and thus new construction prices are too. Buyers are finding it attractive to own a new home that is up to the current hurricane restrictions for peace of mind as well as the break on their insurance.
Single Family Pre-2004
Average Active List Price: $2,769,697
Average Active List Price/Square Foot: $844.22
Average List Price in the Past Year: $2,420,230.00
Average Sale Price: $2,161,250.00
Average Sale Price/Square Foot: $715.42
Average Days on Market: 138
Average SP/LP Ratio: 92.54%
Condos/Villas
Average Active List Price: $853,455.00
Average Active List Price/Square Foot: $457.43
Average List Price in the Past Year: $723,673.00
Average Sale Price: $669,622.09
Average Sale Price/Square Foot: $369.03
Average Days on Market: 239
Average SP/LP Ratio: 93.30%
Although condos are not as prevalent in the Olde Naples area as compared to Park Shore or Moorings, the lure of a low maintenance residence within walking distance to 5th Avenue or 3rd Street has become very popular to seasonal guests. When you combine this with the increasing number of small villa projects throughout the Olde Naples area, you certainly will experience a rising market.