Estero Real Estate Home Market Update – May

The statistics presented and discussed below are global in nature for the Estero area and do not represent the more important micro-market views which can vary greatly. The Estero real estate market for homes is starting to show signs of stabilizing in many aspects and prospective buyers should be aware of the positive changes.

Listings:

During the month of May a total of 48 homes were listed for sale. In May 2008, the number of homes listed for sale in the Estero area [Read more...]

Estero Home Market Update for August

August Activity for Homes in Estero:

Listings:

During the month of August 73 Estero homes were listed for sale. For the same month in 2007, 59 homes were listed for sale; this represents an increase of 23.7 percent. The increase from 2006 was 17.7 percent from the 62 new listings. In July 2008 there were a total of 66 homes listed for sale and in June 66 homes.

estero homes absorption rate for august 2008

The number of homes available for sale in Estero has dropped from 575 homes in February 2008 to 456 at the end of August. This represents a reduction of about 20.7 percent. In terms of the number of months of homes to sell it is presently at 20 months versus 32 months in February. [Read more...]

Estero Home Market Update

June Activity:

Listings:

During the month of June 69 Estero homes were listed for sale. For the same month in 2007, 86 homes were listed for sale; this represents a decrease of 19.8 percent. The decrease from 2006 was 22.5 percent from the 89 new listings. In May 2008 there were a total of 48 homes listed for sale.

Closed Sales:

A total of 25 homes were sold during June 2008. Comparing the same month in 2007 there were a total of 26 homes sold, represents [Read more...]