Estero an up and coming community within the greater Ft. Myers area of Lee County showed a drop in the number of the single family homes according to Estero real estate statistics from the SunshineMLS system.
In September 2006, there were a total of 13 homes closed. The price range for these homes were $252,500 to $900,000. The average price paid for a single family home was $447,073. This was down from the 27 homes sold in September 2005.
The drop is consistent with the sales drop of single family homes in the southwest Florida areas of Naples and Bonita Springs.