Barrington Cove Real Estate Report! February 24, 2020
Posted:
Barrington Cove Real Estate Report!
Barrrington Cove’s real estate activities are listed below for recent resales. You can click on the addresses for complete MLS information for each of these properties.
Real Estate Sales Activities in Barrington Cove
16293 Aberdeen Way – NEW LISTING
- Single-family home
- Preserve view
- Built 2016
- 2441 sq ft
- Priced at $489,000 – $200 per sq ft
16388 Aberdeen Way – NEW LISTING
- Two-story home
- Built 2017
- 2587 sq ft
- Priced at $509,900 – $197 per sq ft
16357 Aberdeen Way – PRICE REDUCTION
- Single-family pool home
- Corner lot
- Built 2017
- 1983 sq ft
- Now priced at $489,900 – $247 per sq ft
- On the market January 2020 listed at $509,900
16384 Aberdeen Way – PRICE REDUCTION -> PENDING SALE
- Single-family home
- Built 2017
- 2006 sq ft
- Now priced at $428,500 – $214 per sq ft
- On the market December 2019 listed at $449,000
16399 Barclay Ct – PENDING SALE
- Single-family home
- Built 2018
- 2006 sq ft
- Priced at $429,900 – $214 per sq ft
- On the market November 2019 listed at $449,000
16250 Aberdeen Way – PRICE REDUCTION -> PENDING SALE
- Single-family home
- Pool & spa
- Built 2016
- 1983 sq ft
- Now priced at $499,000 – $252 per sq ft
- On the market November 2019 listed at $535,000
16369 Aberdeen Way – PRICE REDUCTION -> PENDING SALE
- Single-family pool home
- Preserve view
- Built 2017
- 2034sq ft
- Now priced at $465,000 – $229 per sq ft
- On the market January 2020 listed at $479,900
16370 Barclay Ct – SOLD
- Two-story home
- Preserve view
- Built 2018
- 2587 sq ft
- Priced at $469,000 – $181 per sq ft
- On the market December 2019 listed at $489,000
Please note: Source for above information is the Southwest Florida MLS, data made available at the time of the publication by MLS participating brokers. It is reliable but not guaranteed; it is to be used for informational purposes only, not as sales promotional material. Not all of the properties listed above were listed or sold by MVP Realty.
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Real Estate News
Naples Area Real Estate Market Report – Naples Area Board of REALTOR® (NABOR®) released the January Market Report stating a remarkable 22% increase in closed sales compared to last year, with expectations for a strong first quarter. With a 26% decrease in January’s month-end inventory, there is still a 6.6 month supply of homes for Buyers to chose from as a Buyer’s market continutes. The $1-2 million single-family home market saw in a 20% increase last month over a year earlier. January’s price reductions represented 33% of active listings, much higher than prior months, indicating Sellers needed to price their homes correctly to sell in today’s market.
January 2020 compared to January 2019:
For details, trends, and year-to-date Naples area market statistics click here. Highlights from the January statistics are captured in the chart below:
Categories | January 2019 | January 2020 | Change |
---|---|---|---|
Total closed sales | 594 | 722 | 21.5% |
Total pending sales | 1,022 | 1,359 | 33% |
Median closed price | $325,000 | $343,000 | 5.5% |
Total active listings | 7,773 | 5,761 | -25.9% |
Average days on market | 96 | 107 | 11.5% |
Single-family closed sales | 318 | 361 | 13.5% |
Single-family median closed price | $380,500 | $437,500 | 15.0% |
Single-family inventory | 3,903 | 2,842 | -27.2% |
Condominium closed sales | 276 | 361 | 30.8% |
Condominium median closed price | $260,000 | $270,000 | 3.8% |
Condominium inventory | 3,870 | 2,919 | -24.6% |
About Our Company
MVP Realty Associates, LLC – MVP Realty is a Naples based real estate company with agents and offices located throughout Florida:
- Over $1.2 billion in annual home sales
- One of the top real estate offices in SW FL – #2 out of 1800+ in transaction volume
- 20+ offices throughout the state
- 725+ agents to market all MVP listings
- Fastest growing real estate company in Florida the past six years
- Brokers have 60+ years of broker experience
- Best agent training, technology and tools in the industry