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Terrace Home Values and Market Report

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Report prepared by Michelletrawickluxuryhomes.com John R Wood Properties

Market at a glance

Over the last 12 months, homes sold for 93.6% of list price in 129 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $289K Sold · $274K
$300K$250K$200K$150K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 15 sales in Mar. Last month: 3.

Where the market stands

All homes in this report, by status.

127homes
Active33 · 26%
Under contract8 · 6%
Sold (12 mo)86 · 68%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$248K
Under contract$276K
Sold$251K

Average days on market

Active114 days
Under contract58 days
Sold129 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 33
Average list price $248,451
Avg. days on market 114 days
Avg. price per ft² $219
Avg. living area 1,122 ft²
Avg. beds / baths 1.9 / 1.9

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 33 homes plotted, up to $600K and 1,500 ft².

0 ft²5001,0001,500 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

10337 Heritage Bay BLVD Unit 1843$275
10317 Heritage Bay BLVD Unit 1426$275
10450 Washingtonia Palm WAY Unit 1425$272
10371 Butterfly Palm DR Unit 834$263
12621 Kelly Sands WAY Unit 307$260
10265 Heritage Bay BLVD Unit 616$258
10370 Washingtonia Palm WAY Unit 4344$253

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
10265 Heritage Bay BLVD Unit 616Naples, FL 34120 221,232$319,000$2584 days
10337 Heritage Bay BLVD Unit 1843Naples, FL 34120 221,194$329,000$2754 days
11500 Caravel CIR Unit 4008Fort Myers, FL 33908 221,050$229,000$2185 days
10460 Washingtonia Palm WAY Unit 1322Fort Myers, FL 33966 221,234$300,000$2435 days
8076 Queen Palm LN Unit 443Fort Myers, FL 33966 221,194$259,000$21611 days
8670 Cedar Hammock CIR Unit 232Naples, FL 34112 221,232$299,000$24212 days
10450 Washingtonia Palm WAY Unit 1425Fort Myers, FL 33966 221,194$325,000$27216 days
10371 Butterfly Palm DR Unit 834Fort Myers, FL 33966 221,194$315,000$26317 days
10370 Washingtonia Palm WAY Unit 4344Fort Myers, FL 33966 221,122$283,900$25318 days
11550 Villa Grand Unit 1323Fort Myers, FL 33913 221,107$134,000$12123 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.