Southwest Florida December 2018 Real Estate Statistics

For December 2018, according to the Estero and Bonita Springs Florida Realtors Associaiton® (BEAR), both single family homes sales and condo sales fell by double digits compared to December of 2017. On the other hand, inventory for both property types increased double digits when you compare December of 2017 to 2018. Ultimately, the amount of inventory on the market remains in the healthy range which is a 6-7 month supply of inventory which is considered a balanced and stable market.

Estero and Bonita Springs Florida Single Family Home Statistics – December 2018

December 2018 Single Family Home Highlights:

Closed sales decreased from 100 in Dec. 2017 down to 80 in December 2018 which is a 20 percent decrease
Pending sales decreased 7.8 percent from 77 down to 71 compared to the previous December
Inventory of active listings went up to 652 from 577 which is a 13 percent increase versus the prior year
Supply of Inventory decreased slightly from 6.7 months down to 6.6 months

Estero and Bonita Springs Florida Condo Statistics – December 2018

December 2018 Condo Highlights:

Closed sales decreased from 71 in Dec. 2017 down to 62 the previous year which was a 12.7 percent decrease
Pending sales decreased 14.3 percent from 70 down to 60 compared to December of the previous year
Inventory of active listings increased to 637 from 527 which is a 20.9 percent increase versus last year
Supply of Inventory increased from 6.9 months up to 7.2 months

If you are considering purchasing a home in Estero or Bonita Springs Florida, the latest real estate statistics reinforce now is a good time to move forward as residential real estate prices have decreased slightly and inventory has increased. Those properties priced correctly will sell quickly as we head into the heart of season.

Begin Your Own Property Search:

So, if you’re ready to begin your search for your Southwest Florida Luxury dream home or condo, we encourage you to explore our website to find information about communities in the area. If golf is your game, we specialize in golf community real estate and would be happy to help you navigate the more than 150 different golf communities in Southwest Florida. If you prefer a more direct approach, w will provide a list of properties that meet your criteria and/or communities that meet your needs.

Also, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours. There is no cost for you to have an agent represent you. In fact, we may be able to help you save money and negotiate for extras which the builder may not let you know about.

Lastly, we will handle all contract negotiations for your property from offer to close!

Considering Selling your home?

If you are looking to sell a home in Bonita Springs, Estero or Naples, I encourage you to work with a REALTOR® who has the experience and knowledge to provide an accurate market comparison so you can determine the right asking price. If you live in a golf community in southwest Florida, you are competing with more than 150 other golf communities. Contact me today to learn how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price.

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor in Naples, Estero or Bonita Springs Florida who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, a luxury home, luxury vacation home, luxury golf home or dream home, call me or text me on my mobile phone at 239-370-0892 or email me at Matt@NaplesGolfGuy.com

About Matthew Klinowski, PA