BONITA HOME SALES REPORT

Single-Family Home Sales Update in Bonita Springs

What a start to season!  Single family homes sales almost doubled during September according to the latest market figures released by the Bonita Springs-Estero Association of Realtors (B.E.A.R). The number of closed sales in Bonita continued to increase, up 48.4 percent, when compared to the same time last year.

Pending sales also saw a significant increase during the month of September.  They rose from 73 homes sold in September of 2015 up to 92 in September of this year which is a 26 percent increase.

As noted in the graph below, single-family inventory continued its upward trend.  When compared to last year, inventory increased 28.2 percent.

Unlike last month, both the median sales price and the average sales price fell double digits year over year.

Overall, the market is stable as we head into season.  Prices have dropped and inventory continues to increase.

If you are looking for information about a specific Bonita Springs community, contact me and I will prepare a custom market report for you.  With more than 15 years of experience I can help provide the market information and more importantly, provide insights to help ensure you select the best community to match your needs.

September Bonita Home Sales Report (Single-Family) 2016

Condo Sales in Bonita Springs

So, the Bonita condo sales activity was very different than sales of single-family homes in September. Closed sales fell almost 18.7 percent when compared to last year.  Also, pending sales saw a slight decline of 8.8 percent.

However, a good sign for the condo market if you are are looking to purchase a home in Bonita Springs was the decrease in the median sales price for the month of Septemberwhich fell, 8.8 percent, versus last year.

Similar to the last two months, overall condo inventory increased.  During the month of September, Bonita condos for sale increased from 277 to 399 units which was a 44 percent increase.

For home buyers interested in purchasing a condo in Bonita Springs now is an excellent time to begin your search. There are more condos to chose from and prices have begun to decrease.  You need to make sure the condo you are looking to purchase is part of a stable community and I can help you determine which communities are the best bet.

September Bonita Home Sales Report (Condos) 2016

View Full September Bonita Springs Market Report

More Bonita Springs Market Data September 2016

When you are ready to purchase a single family home or condo in Bonita Springs, let me be your guide!  If you are interested in more information about a specific community, contact me for a free custom market report that will be tailored to meet your specific needs – 239-370-0892.

About Matt Klinowski