Why don't you have stats on one and two bedroom units.?

Asked by Rooster, California Tue Apr 15, 2008

There is a ton of units available, what is the story on the postiano development there appears to be a lot of units for sale.

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7
Brian and Di…, Agent, Naples, FL
Wed Apr 16, 2008
BEST ANSWER
Hi Rooster
I will answer your question. In Naples there is a large amount of condos available. 24-36 months worth.
The cause was more building then demand and now we are working through that inventory. In any one development there could be several reasons why a particular development has a large amount of units for sale. One reason would be high association fees, another would be if the initial product was sold primarily to investors and you have a development of resales (no on site ownership), more rental occupants than owners and lastly there may be a lot of foreclosures. Before you choose to buy I suggest you get into a personal dialogue with a knowledgeable local professional who can give you honest answers so you will not have any surprises after closing. I hope this answered your question.

Brian "Skip" Caron Realtor
Web Reference:  http://www.CaronHomeTeam.com
0 votes
Glenn Ginsbu…, , Naples, FL
Sat May 24, 2008
Rooster - the prices for units by number of bedrooms is something that should be obtained from a REALTOR as they could vary greatly depending upon the neighborhood, location, and amenities.

Positano was originally developed to be rental apartments, during the boom years it was changed to be condominiums. Real estate speculators signed contracts and got caught in a down market after October 2005. Unfortunately, the subtle changes in the market were not noticed or just plain ignored.

Now, the speculators are trying to get out the units. Positano does have a great location, however, you should look at other options in the area to be sure you obtain the best possible buy in today's market.
Web Reference:  http://www.adeltarealty.net/
3 votes
Lynn Wilber, Agent, Naples, FL
Sun May 25, 2008
I can see that my fellow agents have answered your question about Positano Place. Here is my response to your original question.

The Sunshine MLS does not provide statistical breakdowns by bedrooms. They do however provide some statistical information but not broken down by bedroom. This information has to be imported from the MLS into a program that can be set up to break down the stats by bedroom. Since the MLS does not have a program that breaks down stats by bedrooms, it is up to the individual agents to design spread sheets or programs to display this data. Since there are thousands of ways to display data, there is no way for an individual agent to effectively do all of them.

I have a report that does break down stats by bedrooms. You can see an example of this on my Pelican Bay blog at: http://www.realtown.com/LynnGRI/blog/pelican-bay-statistics

If you need a break down by bedroom of Positano Place or any other subdivision, give me a call.

Cordially,
Lynn H. Wilber, GRI, e-PRO®
Broker - Associate
Downing Frye Realty, Inc. - Naples, FL
Office: (239) 594-2780
Fax: (239) 594-2781
Websites: http://www.NaplesWave.com
Blog: http://www.NaplesWave.com/NaplesBlog
Search For A Home In Naples
0 votes
Barbara J. M…, Agent, Naples, FL
Sat May 24, 2008
Hello Rooster,
Positano was offered for sale during the boom years of 2004 and 2005. Many speculators bought with the intension of "flipping". This created an oversupply of inventory thus, a drop in prices. To make the best decision, look at all your options.
0 votes
Nicola Wakel…, Agent, Naples, FL
Fri Apr 18, 2008
Postiano, was developed during the boom in 2004..It started out as an apartment complex and was changed to condos before they even starting selling. A lot of investors bought into the complex as the location in is great..North Naples and close to 75. They are nice units, but as I said lots of investors bought who had no thought of ever living in them.
If I can answer any more questions please do not hesitate to contact me.
Rae Wakelin
Realtyusa.com
rae@raewakelin.com
866-280-7356
0 votes
Debra Wine, , Naples, FL
Tue Apr 15, 2008
Dear Rooster,

There are many units for sale in Positano that fit your description. Let me know how I may further be of assistance to you! Properties in this price range are stabilizing some and our sales under the $300,000 range are picking up steadily.

My best to you and yours,
Debbie Wine, REALTOR


$279,000 12975 POSITANO CIR, #306 POSITANO PLACE 1 Bed 1 0 785 2006 NA16
$234,900 13000 POSITANO CIR, #106 POSITANO PLACE 1 Bed 1 0 785 2005 NA16
$199,000 12970 POSITANO CIR, #206 POSITANO PLACE 1 Bed 1 0 785 2006 NA16
$255,000 12960 POSITANO CIR, #207 POSITANO PLACE 1 Bed 1 0 786 2005 NA16
$300,000 12920 POSITANO CIR, #305 POSITANO PLACE 1 Bed 1 0 899 2005 NA16
$178,900 13000 POSITANO CIR, #305 POSITANO PLACE 1 Bed 1 0 899 2006 NA16
$239,900 12930 POSITANO CIR, #106 POSITANO PLACE 1 Bed 1 0 785 2006 NA16
$139,900 12936 VIOLINO LN, #205 POSITANO PLACE 1 Bed 1 0 899 2006 NA16
$219,900 12935 VIOLINO LN, #106 POSITANO PLACE 1 Bed 1 0 785 2005 NA16
$219,000 12940 POSITANO CIR, #106 POSITANO PLACE 1 Bed 1 0 785 2006 NA16
$179,900 12965 POSITANO CIR, #107 POSITANO PLACE 1 Bed 1 0 785 2006 NA16
$109,900 12980 POSITANO CIR, #106 POSITANO PLACE 1 Bed 1 0 785 2006 NA16
$199,900 12930 POSITANO CIR, #306 POSITANO PLACE 1 Bed 1 1 785 2006 NA16
$376,000 12940 POSITANO CIR, #303 POSITANO PLACE 2 Bed 2 0 1,181 2006 NA16
$235,000 12965 POSITANO CIR, #201 POSITANO PLACE 2 Bed 2 0 1,087 2006 NA16
$189,500 13000 POSITANO CIR, #203 POSITANO PLACE 2 Bed 2 0 1,087 2006 NA16
$239,900 12955 POSITANO CIR, #202 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$349,000 12936 VIOLINO LN, #304 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$315,000 12965 POSITANO CIR, #118 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$398,000 12970 POSITANO CIR, #202 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$175,000 12975 POSITANO CIR NW, #204 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$225,000 12920 POSITANO CIR, #203 POSITANO PLACE 2 Bed 2 0 1,181 2006 NA16
$270,000 12920 POSITANO CIR, #104 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$224,000 12935 VIOLINO LN, #108 POSITANO PLACE 2 Bed 2 0 1,067 2005 NA16
$254,000 12936 VIOLINO LN, #302 POSITANO PLACE 2 Bed 2 0 1,067 2005 NA16
$330,000 12970 POSITANO CIR, #204 POSITANO PLACE 2 Bed 2 0 1,087 2006 NA16
$285,000 12936 VIOLINO LN, #108 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$149,900 12930 POSITANO CIRCLE CIR NE, #201 POSITANO PLACE 2 Bed 2 0 1,067 2005 NA16
$219,000 13000 POSITANO CIR, #204 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$219,900 12960 POSITANO CIR, #301 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$325,000 12960 POSITANO CIR, #104 POSITANO PLACE 2 Bed 2 0 1,087 2006 NA16
$222,000 13010 POSITANO CIR, #203 POSITANO PLACE 2 Bed 2 0 1,181 2006 NA16
$299,000 12980 POSITANO CIR, #301 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$165,000 12940 POSITANO CIR, #201 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$215,000 12936 VIOLINO LN, #201 POSITANO PLACE 2 Bed 2 0 1,087 2006 NA16
$289,900 12920 POSITANO CIRCLE, #204 POSITANO PLACE 2 Bed 2 0 1,067 2005 NA16
$250,000 12955 POSITANO CIR, #101 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$260,000 12920 POSITANO CIR, #303 POSITANO PLACE 2 Bed 2 0 1,188 2006 NA16
$239,900 13000 POSITANO CIR, #303 POSITANO PLACE 2 Bed 2 0 1,181 2006 NA16
$174,500 12980 POSITANO CIR, #302 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$139,900 12975 POSITANO CIR, #301 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$165,000 12975 POSITANO CIR, #202 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$199,900 12970 POSITANO CIR, #101 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$214,900 12975 POSITANO CIR, #101 POSITANO PLACE 2 Bed 2 0 1,067 2006 NA16
$164,000 13000 POSITANO CIR, #101 POSITANO PLACE 2 Bed 2 0 1,067 2005 NA16
Web Reference:  http://www.DebraWine.com
0 votes
Marc Comisar, Agent, Bonita Springs, FL
Tue Apr 15, 2008
What Stats are you looking for? Positano was investor heavy during the purchase process thus the inventory. Let me know what I can help you with.
0 votes
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