Bonita Springs Real Estate Sales Update - January to September 2007
Posted Nov 10, 2007 @ 1:23 pm, Viewed by 1742 Visitors, Read 1751 Times.The January thru September Bonita Springs real estate market statistics for both homes and condominium sales are listed below. Bonita Springs, known as the "Gateway to the Gulf" is one of Southwest Florida's fastest growing coastal cities. Located between Ft. Myers and Naples, Bonita Springs offers endless lifestyle choices while still maintaining its small town charm.
Bonita Springs Home Sales Jan-Sept 2007*:
- 404 Closed Sales
- Average Sales Price - $733,884
- Average Days on Market - 182
- Price/Sq. Foot - $266.89
Bonita Springs Condominium Sales Jan-Sept 2007*:
- 383 Closed Sales
- Average Sales Price - $435,835
- Average Days on Market - 240
- Price/Sq. Foot - $231.06
In comparison with 2006 sales data, we've seen a 8% decrease in the average sales price for homes and a 9% decrease in the average price for condominiums. Average days on market rose by 39% for homes and 69% for condominiums.
Like most areas in Florida, Bonita Springs has an excess of inventory. The upside is that buyers have a wide variety of homes or condominiums from which to choose and in many of its more well known communities like Pelican Landing and Bonita Bay, properties are available at prices not seen since early 2004. In addition, many of the builders in new construction communities are offering sales incentives like never before. The key to finding the best deals available is having a professional representative that can guide and assist you in finding just the place that's right for you and your family.
So, if you would like to explore more of what the Bonita Springs Real Estate market has to offer, please contact us at Gulf Coast Associates, Realtors® and we'd be happy to assist you.
*Sales Data Statistics from NABOR & SWFL MLS
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Gulf Coast Associates is a private real estate firm specializing in SW Florida Real Estate. Benjamin Dona is the Broker-Owner. He and his wife Terry, an underwriter with 20 years experience, also own a federally-regulated mortgage banking firm, Metro Mortgage Company.
Originally from Saint Louis, Missouri we've lived and worked from our base in Bonita Springs since 1997. Read More
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