Posted by Mark Washburn on Friday, April 16, 2010 at 11:25:23 AM By Mark Washburn / April 16, 2010 Comment
Home Values Holding Steady Despite Market Challenges The Whiskey Creek neighborhood in Fort Myers offers a convenient location between McGregor Boulevard and Summerlin Road. This centralized location offers easy access to downtown, the beaches/islands and even I-75. Housing options in the Whiskey Creek community include: single-family homes, attached villas and condos. Community amenities include a private executive country club and some homes that are located on gulf access canals. The Whiskey Creek community was developed by US Homes in the 1980s and features mature plantings and scenic water views. Home values in Whiskey Creek have remained steady over the past 16 months despite some of the market challenges in Southwest Florida. Here is a chart detailing Whiskey Creek home sales in year-to-date in 2010 vs 2009: [caption id="attachment_2491" align="aligncenter" width="379" caption="Whiskey Creek Market Statistics"][/caption] A number of factors have helped hold Whiskey Creek values steady over the past 16 months. As this is a mature community, there have been significantly less distressed sales than other, newer investor dominated neighborhoods. The premium location, close to the Caloosahatchee River is another key factor contributing to steady real estate values. Currently, there are 42 active Whiskey Creek real estate listings with prices from $72,000 for a 2 BR / 2 BA condo to $2.189M for a riverfront estate.
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