May

Bonita Springs Real Estate Market Report – April 2009

What Real Estate Sold in Bonita Springs?

We’re in mid May and while the temperature goes up, the number of tourists in Bonita Springs shrinks. The sales of homes and condos hasn’t really shrunk.

The month of April 2009 brought real estate sales to a much healthier level. The largest share of the real estate sales in Bonita Springs was in the $400,000 and under price point. Actually, in the Bonita Springs and Estero area over 75% of the real estate sale in the month of April were priced under $400,000.

So how many homes and condos in Bonita Springs and Estero closed sale in April? The chart below shows each home style and the number. It also shows the three years prior for the month so you can gauge the growth of the real estate market. Yes, its improving. Sales are increasing.

The absorption rate for the remaining unsold inventory in Bonita Springs and Estero Florida has slightly diminished due to a combination of increased sales and the standard expiration fall out due to the “end of tourist season”. Many home owners let their real estate listings expire

Curious about how things have been selling over the last year or so in Bonita Springs and Estero, Florida? You can reference past Bonita Springs real estate market reports by visiting the links below: