Estero, Florida Real Estate Sales - January to September 2007

January thru September Estero real estate sales statistics for both homes and condominiums are listed below. Estero is ideally located between Ft. Myers and Bonita Springs and is currently in the process of building and developing wherever you travel in the area. Developers are offering every type of community you can imagine, from large gated and planned communities, to smaller town centre type projects where the amenities are built around a self-contained lifestyle.

 

Estero Home Sales Jan-Sept 2007*:

• 248 Closed Sales
• Average Sales Price - $443,191
• Average Days on Market - 133
• Price/Sq. Foot - $192.21

Estero Condominium Sales Jan-Sept 2007*:

• 124 Closed Sales
• Average Sales Price - $254,385
• Average Days on Market - 157
• Price/Sq. Foot - $167.68

In comparison with 2006 sales data, we've seen a 5% decrease in the average price for homes and a 25% decrease in the average price for condominiums. Average days on market rose by 30% for homes and 33% for condominiums.

Like many areas in Southwest Florida, you'll find that Estero has an excess of inventory. The upside of all this inventory is that most of it is new construction and the builders are offering numerous upgrades and price concessions. Savvy buyers, with an experienced agent, are finding some really incredible deals. The key is knowing where to look and how best to negotiate on the price.

So, if you would like to explore more of what the Estero Real Estate market has to offer, please contact us at Gulf Coast Associates, Realtors® and we'll be happy to assist you.

*Sales Data Statistics from NABOR & SWFL MLS

• Rate this Post!

  Select Your Rating:

  • 5 Stars (Excellent!)
  • 4 Stars
  • 3 Stars
  • 2 Stars
  • 1 Stars (Poor)

• Share this Post

  Share With A Friend:

  Your Name Your Email

  Friend's Name Friend's Email

  Optional Message

  Send

• Print
• Social Bookmarking

  Add to Bookmarks: