July Bonita Springs Home Sales
July Bonita Springs Home Sales – 2016
Bonita Springs Single-Family home sales continued to slow during the month of July. Based on the latest market figures released by the Bonita Springs-Estero Association of Realtors (B.E.A.R), Bonita saw another double digit decrease in closed sales last month. As noted in the graph below, closed sales fell by 19.4 percent when compared to July of last year. However, pending sales saw a positive increase of 8.8 percent over last year. Another trend that has continued is the increase in single-family inventory which was up more than 50% versus last year! The increase in inventory has resulted in home prices decreasing slightly. Both the median sales price and the average sales price were slightly lower than last year. Overall, the increase in inventory and slightly lower prices is great news for buyers! You will have more Bonita Springs homes to choose from and at lower prices.
July Bonita Springs Home Sales (Single-Family) 2016
Condo sales in Bonita Springs saw an even larger decrease in closed sales during the month of July. Closed sales fell 32.8 percent when compared to last year. Similar to the single-family homes report, both the median sale price and closed sales price were down slightly during July of this year versus July of last year. Also, inventory saw a huge increase last month. Bonita Springs Condo inventory increased from 212 to 394 which is an 85.8 increase over last year. For buyers interested in purchasing a condo in Bonita Springs now is the time to start looking for one. With the increased inventory and easing of prices, you will have more condos to choose from and at slightly better prices!
July Bonita Springs Home Sales (Condos) 2016
July Bonita Springs Home Sales Report – 2016
More Bonita Springs Market Data July 2016
When you are ready to start your search for a home in Bonita Springs or Naples, let me be your guide! If you are interested in more information about a specific community, contact me for a free market report – 239-370-0892.
About Matt Klinowski
