June 25, 2013

Bay Colony Naples - Very Limited Inventory

Bay Colony. Naples, Florida -
Like most of the areas located West of US 41 and close to the Gulf of Mexico, the real estate market has been very active in Bay Colony, a private and upscale enclave of Pelican Bay.

The inventory is now minimal for resale properties in Bay Colony due to high demand. Bay Colony is definitively in a seller's market, especially for the luxury high-rise towers on the shoreline:
- Contessa: 3 properties on the market starting at $1,495,000.  6 condos sold in the past 12-month period.
- Carlysle: None on the market. 1 condo sold in the past year.
- Brighton: 1 condo for sale. 8 sold in the past 12 months.
- Biltmore: None for sale. 3 condos sol in the past year.
- Windsor: None for sale. 1 sold.
- Remington: One for sale. 4 closed in the past 12-month period.
Among the other towers, Trieste is the one with the larger inventory: 12 units on the market and 3 sold.
Marquesa has 3 condos for sale, Salerno none and Toscana has four condos for sale.
Bay Colony Shores has only one estate home available.
View All Properties For Sale in Bay Colony...

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