Sizzling Hot SW Florida Property Sales

SW Florida Property Sales Remain Sizzling Hot

Although we are in the summer months, SW Florida Property Sales remain on fire for the week of June 9th in Ft. Myers, Bonita Springs and Estero. There were 455 properties sold versus 293 properties sold during the week of June 2nd. This significant increase in real estate actives shows the market continues to be strong despite the fact we are out of season. The question is are we still a seasonal area when it comes to real estate? Season continues to last longer each year as more people move to the area for 6 months of the year. Since residents who live in the state for at least six months each year do not have to pay state income tax they are flocking to the area to buy a second homes or retiring in the state of Florida.

Similar to last week, Fort Myers had the most real estate sales with 186 properties sold, up from 114 the previous week. Bonita Springs was second with 154 real estate transactions versus 103 properties sold the prior week. And, Estero finished the week with 108 transactions which is up from the week before when there were 74 sales.

So, of the 186 properties sold in Ft. Myers, 15 percent were condos, 30 percent were single family homes and 53 percent were vacant lots. The remaining properties sold were mobile homes and commercial units.

Additionally, of the 154 closings in Bonita, 5 percent were mobile homes, 31 percent were single family homes, 19 percent were vacant lots and 38 percent were condos. Therefore, the other properties sold in Bonita Springs were commercial units, multi-family units and coops.

Finally, Estero also showed an increase in real estate transactions for the week. Of the 108 properties sold, 7 percent were mobile homes, 27 percent were vacant lots, 37 percent were condos and 26 percent were single family homes. Thus, the remaining real estate transactions in Estero were commercial units.

In summary, the significant number of SW Florida Property Sales in Lee County was broken down as follows: 134 single family homes, 130 condos, 159 vacant lots, 16 mobile homes, 9 commercial units, 5 multi-family units and 2 coops sold during the week.

SW Florida Property Sales for the week of June 9th by zip code

Bonita Springs

34134 – 26 properties sold (1 mobile home, 3 vacant lots, 7 single family homes and 15 condos)
34135 – 128 properties sold (2 coops, 4 commercial units, 5 multi-family units, 6 mobile homes, 26 vacant lots, 41 single family homes and 44 condos)

Fort Myers

33912 – 35 properties sold (1 commercial unit, 16 single family homes and 18 condos)
33913 – 125 properties sold (89 vacant lots, 27 single family homes and 9 condos)
33967 – 26 properties sold (1 mobile home, 2 commercial units, 10 vacant lots and 13 single family homes)

Estero

33928 – 94 properties sold (2 commercial units, 8 mobile homes, 30 vacant lots, 24 single family homes and 30 condos)
33967 – 3 properties sold (2 single family homes and 1 condo)
34134 – 3 properties sold (3 condos)
34135 – 8 properties sold (2 single family homes and 6 condos)

Miromar

33913 – 7 properties sold (1 vacant lot, 2 single family homes and 4 condos)

SW Florida Property Sales for the Week of June 9th 2018

Begin Your Own Property Search:

So, if you’re ready to begin your Estero or Bonita Springs Luxury Real Estate search for your dream home or condo, I encourage you to explore my website to find information about communities in Southwest Florida. If golf is your game, I specialize in golf community real estate and would be happy to help you navigate the more than 100 different golf communities in our area. If you prefer a more direct approach, I will provide a list of properties that meet your criteria and/or communities that meet your needs.

Bottom Line:

If you are buying a home in a golf community, you will find it’s more complex than a typical home purchase. As you can probably imagine, there are significant differences between golf communities. There are many different fee structures, membership options, pet restrictions, demographics and many other details that apply to the Southwest Florida golf communities.

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 to you to have an agent represent you. In fact, I may be able to help you save money and negotiate for extras which the builder may not let you know about.

If you’re looking for information about a specific community in Southwest Florida, please contact me and I will prepare a custom market report for you. I will provide the market information and insights to help make sure you select your dream home!

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