Below is the latest market statistics for the Bonita Springs & Estero Florida marketplace. These statistics are taken directly from the Sunshine MLS system.
Notice the latest numbers give reason to be moderately excited for the first time in many, many months. The % of homes sold has increased for the overall numbers and in many of the price ranges. The other noticeable improvement is the number of months of available inventory (absorption rate). This number in overall and many price ranges have been cut in half.
We have had a very active winter season here in Southwest Florida. The number of showing appointments has doubled year over year and some of the sales numbers are better as many folks are now pricing properly. When a home is priced properly; it sells.
I have 2 closings scheduled for this month and 2 more for next month. The reason our closings have been on the rise is that I take great pride in supplying the selling public with the correct and pertinent data to help them properly price their home in today's market. Most of the sales are coming from my listing inventory selling.
What we set out to attain is to bring a new piece of property to the marketplace in it's most favorable positioning and what we call "energy" priced. The competition is very strong with competing resales as well as builder closeouts everywhere with incentives that are hard to match.
Feel free to contact me anytime to discuss bringing your home to the market, purchasing a piece of real estate for primary, vacation or investment or to just discuss current market conditions.
------------------------------------------------------------------------------------------------------------------------------
Owen Zweiback PA, GRI, Realtor, E-Pro
Coldwell Banker Residential Real Estate
23421 Walden Center Drive
Bonita Springs, Florida 34134
www.floridamoves.com/owen.zweiback www.coldwellbanker.com/for/owen.zweiback
239-269-3077 Cell
800-547-3019 Toll Free Office
Promises Made! Promises Kept!
Recognized! Respected! Recommended!
| The Bonita Springs/Estero Real Estate Market, March 2008 | ||||||||||
| March Inventory | Total Inventory | Pending | % | Sold | % | # of months of inventory | ||||
| Single Family | 137 | 1550 | 59 | 3.8% | 62 | 4.0% | 25.0 | |||
| Multi Family | 180 | 1882 | 60 | 3.2% | 83 | 4.4% | 22.7 | |||
| Single Family (By Price Range) | ||||||||||
| $0 - $300,000 | 30 | 323 | 11 | 3.4% | 17 | 5.3% | 19.0 | |||
| $300,001 - $400,000 | 33 | 276 | 11 | 4.0% | 9 | 3.3% | 30.7 | |||
| $400,001 - $500,000 | 23 | 200 | 9 | 4.5% | 7 | 3.5% | 28.6 | |||
| $500,001 - $700,000 | 25 | 325 | 13 | 4.0% | 8 | 2.5% | 40.6 | |||
| $700,001 - $1,000,000 | 14 | 190 | 5 | 2.6% | 12 | 6.3% | 15.8 | |||
| $1,000,001 & Up | 12 | 236 | 10 | 4.2% | 9 | 3.8% | 26.2 | |||
| Multi Family/Condo (By Price Range) | ||||||||||
| $0 - $300,000 | 96 | 892 | 30 | 3.4% | 38 | 4.3% | 23.5 | |||
| $300,001 - $400,000 | 29 | 363 | 14 | 3.9% | 25 | 6.9% | 14.5 | |||
| $400,001 - $500,000 | 21 | 216 | 5 | 2.3% | 8 | 3.7% | 27.0 | |||
| $500,001 - $700,000 | 20 | 198 | 5 | 2.5% | 5 | 2.5% | 39.6 | |||
| $700,001 - $1,000,000 | 8 | 97 | 4 | 4.1% | 3 | 3.1% | 32.3 | |||
| $1,000,001 & Up | 6 | 116 | 2 | 1.7% | 4 | 3.4% | 29.0 | |||
 |
|
|
Providing world-class full serivce brokerage, products and inventory! Offering an array of knowledge and experience in Southwest Florida and specialty contacts in all major metro areas of the USA.
Single family in quiet gated Village Walk
A successful week in Bonita Springs Florida
Bonita Springs Florida and Southwest Florida
Some Observations from the Southwest Florida marketplace!
Market Statistics from Bonita Springs/Estero Florida
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved
