Pelican Bay
Pelican Bay is the premier luxury community in Naples, Florida. One of the area’s largest exclusive enclaves, situated on more than three square miles and bordered by pristine white-sand beaches, the community offers the most diverse slate of amenities and activities anywhere in the region.
Private beaches. Gulf-side dining. Top-tier tennis. Chic shopping. Protected nature preserves. All within the three square miles our members call home. At Pelican Bay, your elegant residence is just the beginning… the key to world-class amenities and a lifestyle not found anywhere else.
Pelican Bay 2021 Market Report
80% of 2021 sales were Condos. While both the median sales price and median price per sq .ft. for Condos increased 20% on the year, the jump in Q4 was much sharper, as returning winter buyers found greatly reduced inventory. When looking at price increases it is important to remember that building costs have also gone up substantially in the last 2 years
Pelican Bay 2020 Housing Market Review
The median price of the SFHs and Detached Villas sold in Pelican Bay in 2020 increased 37.5% to $2.2 million, beating the prior high of $1.8 million in 2006.
The median price of the Condos sold in Pelican Bay in 2020 dropped 10.8% to $800,000, but there was a big change from H1 to H2. The median price remains below the peak $1,125,000 in 2006. Sales recovered to the 2012-14 level and for the first time in 21 years of data were larger in H2 than in H1.