Chris Griffith w The Griffith Group w 239-273-7430Downing Frye Realty, Inc. w www.LifeInBonitaSprings.com

chris@LifeInBonitaSprings.com

April 1 2014Bonita Spring-Estero, FloridaReal Estate Market Report

A Decade of Historical Bonita Springs Florida Real Estate Sales

Closed sales have leveled off and are slightly higher than last year but at this time and actually well above 2005 sales levels which was a “boom year”.

Sales have been steady and inventory remains rather thin in entry level priced properties under $400,000 which accounts for the majority of sales.

What is The Condition of Bonita Springs Florida Real Estate Sales?How distressed is real estate in Bonita Springs and Estero Florida?

The level of sold foreclosures is low but the short sales are at very low levels compared to recent months, also.

Foreclosure properties sell quickly and experience multiple offers when they do come to the market.

How Bonita Springs Real Estate is Paid For Cash remains king with about 72% of all real estate closed sales being funded with cash.

In case you’re curious: Cape Coral is about 55% cash, Naples is about 69% cash, Fort Myers 67% cash, Lehigh about 60% cash, Marco Island 60% cash, Fort Myers Beach 77% cash.

What Price Range of Bonita Springs Florida Real Estate is Selling?

City wide about 75% of all closed sales were under the $400K price point. This is only the second month that the 200-400 price point was a leader mostly because the 200K & Under price point is vanishing.

The 800-1M price point accounts for a dismal 1.9% of all closed sales (pink).

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For More Information about Bonita Springs and Estero Florida Real Estate …

Visit www. LifeInBonitaSprings.com to view market statistics, current listings and to Search for Homes http://lifeinbonitasprings.com/about/search-mls to view real estate market reports from month prior visit: http://lifeinbonitasprings.com/category/bonita-springs-market-report

Statistics were gathered from the Sunshine MLS on April 5, 2014.

All information is deem accurate, not guaranteed and subject to change. Check the date on this report for freshness. If you have questions regarding your particular neighborhood, your street or your home specifically you’re welcome to contact us for a current market report.

Real estate consumers that read this website are urged to seek independent, professional legal, real estate and financial advice before engaging in any transaction. All information is deemed, accurate, subject to change and not guaranteed.