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Sales in Lely Resort for March 2016 were a little slower in comparison to the past few years. This March resulted in 16 closed sales this month (up through the 28th) in the community according to the Naples Multiple Listing Service. The prices on these closed sales ranged from $210,000 – $830,000. As a comparison, in March 2015, Lely Resort had 35 closed sales and March 2014 had 32 closed sales. For those of you that don’t know, Lely Resort is an expansive community in Naples, Florida that is near the intersection of US 41 and Collier Boulevard. It is approximately 15 minutes from Marco Island and about 10 minutes to downtown Naples near 5th Avenue. Being larger than most communities in Naples, it has something for just about everyone. Whether you are looking for a quaint villa or a large home, Lely Resort has you covered.

While this March was a little slower than the last few, we must remember that the previous few years were unbelievably busy and prices throughout these periods have been on a rapid rise. Some other good news for the neighborhood just outside of Lely Resort is all of the building currently under construction. There will soon be many more restaurants and shopping areas within minutes of this community. For more information, feel free to contact us anytime!

The graph below illustrates number of sales in Lely Resort in March since 2007.

Graph