Bonita Springs Florida Real Estate Market Report March 2012
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A Decade of Historical Bonita Springs Florida Real Estate SalesWe’ve come full circle … observe the leveling off of Bonita Springs and Estero Florida real estate sales. There were several additional sold (*228 total) properties recorded after the report was completed.A few additional closings were recorded after the March 2012 market report was a complete.What is The Condition of Bonita Springs Florida Real Estate Sales?How distressed is real estate in Bonita Springs and Estero Florida? Many consumers are surprised to learn that about eighty-five percent of closed real estate transactions are for equity owned real estate which means no bank involvement. Southwest Florida isn’t drowning in as many foreclosures as reported in the media.What Price Range of Bonita Springs Florida Real Estate is Selling?Statistics were gathered from the Sunshine MLS on April 4, 2012. A total of 228 properties were closed sale in Bonita Springs and Estero Florida at that time. (at the time data collected)Current Bonita Springs Real Estate Inventory and Absorption Rates*Statistics were gathered from the Sunshine MLS on April 4, 2012. This is the anticipated time it would take to sell existing inventory. We’ve made strides in leaps and bounds. Six months is considered a balanced market. We do have a large amount of pending/pending-contingent properties skewing the market statistics so the months of current inventory would be far less if they weren’t in the equation.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 March 4, 2012. 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.
Transcript of Bonita Springs Florida Real Estate Market Report March 2012
- 1.Bonita Springs Real Estate Market Report March 2012 Including Estero, FloridaChris Griffith w The Griffith Group w 239-273-7430 Downing Frye Realty, Inc. w [email protected]
2. A Decade of Historical BonitaSprings Florida Real Estate SalesWeve come full circle observe the levelingoff of Bonita Springsand Estero Florida realestate sales.Therewere several additionalsold(*228 total)propertiesrecordedafter the report wascompleted.A fewadditionalclosings were recordedafter the March 2012market report was acomplete. 3. What is The Condition of BonitaSprings Florida Real Estate Sales?How distressed isrealestate inBonita Springs andEstero Florida?Many consumersare surprised tolearn that abouteighty-five percentofclosedrealestate transactionsarefor equityowned real estatewhich means nobank involvement.Southwest Floridaisnt drowning in asmany foreclosuresas reported in themedia. 4. What Price Range of Bonita SpringsFlorida Real Estate is Selling?Statistics weregathered from theSunshine MLS onApril 4, 2012.A total of 228properties wereclosed sale inBonita Springs andEstero Florida atthat time. (at thetimedatacollected) 5. Current Bonita Springs Real EstateInventory and Absorption Rates*Statistics were gathered from theSunshine MLS on April 4, 2012.This is the anticipated time itSingle Family & Villa Homes 12.4 Monthswould take to sell existinginventory. Weve made Attached Villa Homes 9 Monthsstrides in leaps and bounds.Six months is considered a Low Rise Condominiums11.4 Monthsbalanced market. We dohave a large amount ofpending/pending-contingent Mid Rise Condominiums11.9 Monthsproperties skewing themarket statistics so the High Rise Condominiums 21 Monthsmonths of current inventorywould be far less if theyManufactured Homes 12 Monthswerent in the equation. 6. For More Information about BonitaSprings and Estero Florida Real Estate Visit www. LifeInBonitaSprings.com to view market statistics, current listings and toSearch for Homes http://lifeinbonitasprings.com/about/search-mls to view realestate market reports from month prior visit:http://lifeinbonitasprings.com/category/bonita-springs-market-reportStatistics were gathered from the Sunshine MLS on March 4, 2012.All information is deem accurate, not guaranteed and subject to change. Check thedate on this report for freshness. If you have questions regarding your particularneighborhood, your street or your home specifically youre welcome to contact us fora 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 anytransaction. All information is deemed, accurate, subject to change and notguaranteed. 7. Bonita Springs Real Estate Market Report March 2012 Including Estero, FloridaChris Griffith w The Griffith Group w 239-273-7430 Downing Frye Realty, Inc. w [email protected]
