Bonita Springs December Market Update

Bonita Springs December Market Update

Real estate sales in the Bonita Springs and Estero area finished the year strong.  According to the latest report issued by the Bonita Springs-Estero Association of Realtors (B.E.A.R), December saw a significant increase in pending sales compared to the same time the previous year.  Pending sales of single family homes and condos were up a whopping 26 percent.  Closed sales fell 10 percent during the same time which is likely due to the large number of pending sales.  As we head into 2017 there is a six month supply of inventory available which is a healthy supply of homes available for sale for individuals looking to purchase property in the area.

Bonita Springs December

December Highlights Year-Over-Year:

  • Active Listings increased 2 percent from 786 to 802 units
  • Average Days on Market decreased 5.4 percent from 128 days to 121 days
  • Pending Sales increased 26 percent from 200 units to 252 units
  • Closed Sales decreased 10 percent from 202 units to 182 units
  • Percentage of List Price increased slightly from 95.12 percent up to 95.44 percent

BEAR Market Report December 2015

Are you thinking of buying a home in Bonita Springs? Or perhaps Naples? Let me be your guide.

About Matt Klinowski
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