Bonita Springs Real Estate Sales Statistics
There’s no way to separate the truth of the real estate market from the rumor unless there are hard numbers to compare. The news reports statistics on short sales and foreclosures for the entire area of Southwest Florida but everyone knows that real estate is local and you need to look at your city, not the county, to get the facts.
The numbers for the real estate sales for both Bonita Springs and Estero, Florida for the month of July 2009 are above in the graph. The graph represents closed sales for real estate transactions. About 65% of the recorded closed sales of real estate were regular real estate transactions, with no bank involved or REO [real estate owned].
That figure might surprise some considering how much the news talks about foreclosures and short sales. Though we do have short sales and foreclosures in Bonita Springs and Estero the numbers aren’t as large as most would expect. Of the closed sales in the month of July only 17% of them were short sales and about 18% of them were foreclosure.
The data used was collected from the Sunshine MLS on 8/10/2009. This information is deemed accurate but not guaranteed.
Comments
Tags: bank, Bonita Springs Real Estate, Estero, florida, foreclosure, owned, reo, sales, short sale
Great point, Chris. Every city even community has different real estate market and in different economy.
If I get any clients moving to Bonita Springs, FL, I will send them to your way. Thanks for sharing!
Joseph L. Johnson
Thanks for stopping in!