Somebody researched, "what's the deal about Quail West
" yesterday on Google and found my Naples Florida real estate
website. The search term made me laugh and for that, I'll take the opportunity to catch you up on what's the latest in Quail West Naples Florida
. Here it is:
An (no longer available through The News Press) on June 16, 2012 stated Stock Development purchased the remaining 234 lots in Quail West
. Rumors about the purchase were swirling as early as May or so. If you're unfamiliar with Stock Development you should know they have made a business out of acquiring or purchasing slow or stalled communities in Southwest Florida. Those communities include but may not be limited to Lely Resort
in 2001, Olde Cypress
and Grandezza in 2002 and 2003. While they have their hand in several other entities in and around Naples, consumers and Quail West residents will probably consider their involvement a great thing. The reason why this may be is because Stock has made substantial achievements when getting involved in past Southwest Florida communities posing the question, "Is Stock Development the Heather Locklear of Southwest Florida real estate
"? Who knows but their success is undeniable. Here's a list of their awards found on their website:
- 2008, 2009 & 2010 Community of the Year – Lely Resort
- 2007, 2008, 2009 & 2010 Community of the Year – Paseo
- 2007, 2008, 2009 & 2010 Developer of the Year
- 2006 Punta Gorda Chamber of Commerce Business of the Year
- 2005 & 2006 Development Company of the Year by the Lee Building Industry Association
- 2005 & 2006 News-Press Grand Award
- 2005 Governor’s Entrepreneurship Award
- 2005 Excellence in Industry Entrepreneurship Award
- 2004 & 2005 Company of the Year by the Naples Area Board of REALTORS®
That's not a bad track record! Talking about track records...let's take a look at Quail West's track record so you can know exactly what's going on from a statistic basis because take overs and awards are all fine and good but results are primarily what my customer base is most in search of.
Currently there are 34 Quail West homes available with 10 homes under contract and 26 Quail West closed sales for the past year. That's over 15 months of a supply in inventory. That is close to stable but not quite and actually, that's good news if you're a buyer. This is just one point you can use in your negotiations with a seller if you're a buyer but I'll encourage you to come up with 4 more to make a compelling argument for your offer. I'm great at that if you don't already have an agent. All of the potential short sales (being marketed as such) are either sold or under contract and there's only 1 foreclosure on the market right now...there were only 4 total during the last 10 years so clearly no alarm there either.
As far as lots are concerned it's about the same picture as Quail West home sales. 25 active Quail West lots on MLS/30 closed or under contract. There's a weird number discrepancy that I can also explain on the phone or in person.
Now's a good time to talk about deal or no deal in Quail West. There's a secret here...nothing I will share online but this is one of those neighborhoods you want an experienced professional to assist you. Without one, you could find yourself down the road finding out the secret and realizing you may have made a wrong decision.
Talking about sad days...
I'm totally bummed out about a couple of Quail West homes that have already sold. I knew they would be tremendous deals and as record would have it they sold at completely ridiculous numbers. With that said I know of 3 that sold where the buyer clearly won. That also means Quail West is quickly going to turn a corner and those days will be over as well.
Many of the homes in Quail West were built during much happier times. You remember when labor and material were relatively inexpensive and builders could build houses for almost free. :) The materials chosen during that time were rich and luxurious and occupied every corner of the property. Construction during that time was largely a heavier Mediterranean with lots of cast stone, exotic marble and offered an earthy color pallet.
Today the newer homes are still fabulous but cast more of a sleeker, sexier note with a suggestion of a cleaner contemporary line and more vivid color pallet. Regardless of your taste, there's something for everybody who can afford to drop some dough in the neighborhood.
Well, I feel like I've totally talked your ear off so I'm going to go. I'll be around this week to assist you should you find yourself wanting to do some Naples real estate shopping! Please feel free to view my website or contact me direct asap for an appointment.
Shannon Lefevre, PA
Your Naples Smart Girl!