Sep

Bonita Springs Real Estate Market Report – August 2008

For those of you who are seasonal residents thinking of coming back home to Bonita Springs, Florida here’s the latest and greatest market report for the humid, rainy month of August. Be glad you missed it. The good news is that those lakes that were low or empty are filled up again courtesy of Fay and Ike. They brought us enough rain to help us recover from the draught.

At any rate, this song is just for you snowbirds who are hopefully homeward bound. The rest of you can just press play so you have a little back ground music while you read the latest about Bonita Springs real estate. It’s not even bad news so it will be painless, too.

If you don’t see the video below click here: http://www.youtube.com/watch?v=YmUFwFuFQss

For you kids that don’t know what that “contraption” is in the video, it’s called a record. I think the Neanderthals invented it or something.

The latest Bonita Springs real estate market report is for the month of August 2008. The data was collected from the Sunshine MLS on September13, 2008. All data is deemed accurate but not guaranteed, yada, yada.

In case you missed it last week I posted The Official Bonita Springs Short Sale Market Report. For those of you interested there’s numbers, data and a whole bunch of stuff that may or may not affect your life or your real estate, belly up to the blog.

So here you have it in black and white (you know those little things call facts) the current inventory levels in a few sectors of Bonita Springs and Estero housing and the estimated absorption rate of each of those sectors.

If you’d like to calculate the absorption rate of your community use this post to get started: So, What Is The Absorption Rate For Your Bonita Springs Home?

When I do my real estate market reports I give the units for the month for each of the last three years, that way you can see what happened in history and if there was improvement. For you “number types” you’ll also find links to the prior months reports at the end of the report.

Current Inventory Units Per Structure Type:

Bonita Springs Real Estate Market Report

Absorption Rate:

Bonita Springs Absorption Rate August 08

It looks like the Manufactured homes in Bonita Springs and Estero as well as the High Rise condominium tower residences are the sectors that need a little boost.

Also, these are the last few months of Bonita Springs real estate market reports so you can see where we were and where we are now.