How is the Bonita Springs real estate market performing in the single family home segment of the real estate market? When looking at the statistical information for the third quarter of calendar year 2007 and compare it to the same period in 2006, it appears encouraging, but a seller should not get excited and think about raising their list price or putting their property on the market, unless they need to sell. For buyers, if they are thinking of holding the property for three or more years, it might be a good time to buy, because there are many excellent opportunities within the Bonita Springs real estate market.
Bonita Springs Real Estate Home Update – Oct. 2006
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Market Update for Bonita Springs Florida Real Estate:
During the month of October 2006, a total of 26 Bonita Springs homes were sold. The median price was $355,000 and the average price was $668,844.
Compared to October 2005, 49 homes sold, with a median price of $580,000 and average price of $830,361.
The volume of closed sales for Bonita Springs homes comparing the current year to prior year is a 47% reduction.
The median price shows a reduction of about 39%. The average price also reflected a reduction of about 19%.
The reduction in median and average prices is largely due to the volume of million dollar plus homes in the Bonita Springs area.
The average days on market (listing to contract) increased from 78 days in October 2005 to 148 days in during the same month in 2006.
The statistics for September 2006 activity was 27 homes sold, with a median price of $329,900, an average price of $526,322, and average days on market of 108 days. The difference between September and October 2006 is largely due to the number of million dollar homes sold in October.
Please visit my web site for more information about Bonita Springs real estate and Naples Florida real estate.
Bonita Springs Real Estate Update – Pending Sales October
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During the month of October the Bonita Springs real estate market there were 18 condos pending sale with a median price of $424,250. The average price was $626,805. The total number of condos currently pending sale is 131 with a median price of $249,900 and an average of $514,418. The price range for Bonita Springs condos is from $184,900 to $2,709,000.
The vast majority of the older pending sales is preconstruction – the question becomes will the purchasers complete the purchase transaction?
Bonita Springs homes pending sale in October – 19 homes with a median price of $354,500 and an average price of $774,063. The total Bonita Springs homes pending sale as of November 1st – was 55 homes, median price of $589,900, with average price of $999,767. Pending sale homes are priced from $175,000 to $5,795,000.
The statistical information presented above was gathered from the Ft Myers MLS, Bonita Springs – Estero MLS, and Naples MLS, via a joint effort through SunshineMLS.
Bonita Springs Real Estate – Home For Sale
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Bonita Springs Real Estate – single family home located in the prestigious Palmira Golf and Country Club area.
$549,000
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3 bedrooms
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2 bathrooms
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2 car attached garage
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1,939 sq. ft. living area
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Pool
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Golf course and lake view
The Brooks – Bonita Springs Florida Real Estate
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Yesterday I added new page to my website about The Brooks in Bonita Springs. The Brooks is a planned unit development that was started in 1998. It offers estate homes, carriage and coach home condominiums and garden-style condominiums. There are numerous amenities available to residents among which are golf courses, town center, fitness center, and restaurant.