Bay Colony Real Estate Market Insider
This market report tracks real estate activity in Bay Colony, a gated enclave within Pelican Bay in Naples. It updates automatically and shows active listings, homes under contract, and closed sales from the past four months, with charts for price trends, sales pace, and months of inventory.
Bay Colony includes high-rise towers such as Biltmore, Contessa, Marquesa, Salerno, and Trieste, along with villas and custom estates including The Strand. Its homes price well above most of Pelican Bay, so it is reported on its own.
How to Read This Report
Active: Homes currently for sale. If you are selling, these are your competition. If you are buying, they are your options.
Under Contract: Homes with an accepted offer that have not yet closed. A useful early signal of buyer demand.
Sold: Closed sales from the past four months (about 120 days).
Sold vs. List Price: How close homes sold to their asking price. A lower percentage generally means more room to negotiate.
Days on Market: How long homes have been listed, or took to sell. Indicates demand and pricing alignment.
Months of Inventory: How long it would take to sell every active home at the recent pace of sales. Under 4 months generally favors sellers, 4 to 6 is balanced, and over 6 favors buyers.
Price per Square Foot: A useful comparison metric across similar properties, best used within the same building or home style.
Bay Colony has fewer homes than the rest of Pelican Bay, so a few sales can shift the averages noticeably. Read the averages together with the individual sales in the tables.
What Is Included in the Bay Colony Market Report?
This report covers homes in Bay Colony, including its high-rise towers, villas, and custom estates. Properties elsewhere in Pelican Bay appear in the main Pelican Bay report and its property-type reports.
What Should Buyers Confirm Before Purchasing in Bay Colony?
Bay Colony has private beach and tennis clubs in addition to Pelican Bay amenities. Before purchasing, I recommend confirming:
- Club and Pelican Bay Foundation membership terms and costs for the specific property
- Current association dues, reserves, and any special assessments
- Building condition and inspection status for high-rise units
Frequently Asked Questions
What does this Bay Colony market report include?
Why is Bay Colony reported separately from Pelican Bay?
What types of homes are in Bay Colony?
Why can Bay Colony numbers swing from month to month?
Why compare list vs sold price?
What does DOM indicate?
Is Bay Colony a buyer’s or seller’s market?
Questions About the Bay Colony Market?
If you’d like help interpreting these numbers for a specific tower or estate, I’m happy to walk through the data with you.
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.