Life In Bonita Springs Florida - Local Info & Real Estate
Bonita Springs Home Sales Statistics May 2015
May 2015 marks the first time that I have prepared the real estate market stats for Bonita Springs and Estero … with an audience. I’ve brought a family member on board so I have a little birdie on my shoulder learning the ropes, now. When I was collecting the numbers for the statistics Angela asked my why I prepared market reports. The short answer was that consumers, both buyers and sellers, need to know the statistics especially in a market where inventory is tight. Further I explained that if she was trying to help someone buy a home priced under $200,000 it would be important to know that it was only about 20%of our market right now and getting smaller and smaller because the bottom of the real estate market is selling off. It was about 60% of our market a few years back.
What Price Bonita Springs Homes Sold in May 2015
It's really been interesting to watch the market over the sixteen years that I've been a real estate agent. I know that whether you're a buyer or a seller you need to know the real estate market, inside and out. The amount of distressed sales; short sales and foreclosures and even the historical data sales data. How else would a consumer understand whether we are in a buyer or seller market. The truth is in the numbers.
Historical Bonita Springs Sales May 2015
If you're curious about the rate of sales or the actual units sold; is real estate selling? You'll notice a consistent few years of home and condo sales in Bonita Springs and Estero. Three consistent years of nearly identical sales rates. We've been going back 11 years so we can include the "boom year" of 2005 for comparison purposes.
How Bonita Springs Homes Are Financed
Cash remains king in Bonita Springs home and condo sales. It's slightly lower than it has been in the past few months but part of that could be because of low interest rates combined with an ascending real estate market. Prices are climbing, the bottom is selling off and those would-be cash buyers are sometimes forced to finance a purchase slightly above their original intended real estate buying budget.
Bonita Springs Foreclosures & Short Sales
Slightly less than 4% of our real estate market that closed sales was considered distressed. The distressed property, which consists of foreclosures and short sales, improves every day. Our current, active listings in the MLS indicate that we only have slightly over 4% of our active listings considered to be distressed. The graphic for the active listings market is below:
If you'd like to download or print the graphs from this real estate market report: Click Here for a .pdf version.
Things to Do in SWFL Near Bonita Springs
For some reason I always feel like when we go over a bridge we get away, even if it’s just for a little bit. I had a chance to get away with one of my smallest partners in crime, my grandson Aiden. We headed north on 41 and crossed the Caloosahatchee River bridge to tour Prairie Pines Preserve which is a Conservation 2020 land acquisition in North Fort Myers, Florida.
The shell path at Prairie Pines Preserve is wide and firm and features plaques listing details and information about what can generally be observed nearby. It was a great opportunity to learn about nature plus Aiden was able to flex his reading muscles. We learned about a variety of local plants, wild animals and insects. Since this was an early morning hike we were able to spot fairly fresh footprints left by raccoon, hog and deer. There were even patches of freshly over turned soil left by a sounder of wild hogs that had grubbed their way down the sides trail. One of the highlights of our hike was spotting a rare, red banded hairstreak butterfly, which was patient enough to allow me to get a photo or two before it was gone in a flash.
Prairie Pines is a really large preserve with a total of about 2,700 acres. Since there was a little person with me we only conquered a manageable, half-mile hike which constructed of a packed shell trail with a wooden boardwalk section. On the day that we visited there was an organized, guided walk that we semi-tagged along with. Keeping a seven year old on point proved challenging so we swiftly sent ourselves ahead as scouts for the rest of the group.
Near the marshy area and boardwalk there is a good sized bird blind so naturists can quietly observe and photograph wading birds and critters. The water level is low to non-existent in the winter so the wildlife is completely different in the marsh and which makes this trail worthy of seasonal visits.
If you’re looking for a great beginner hike, the ADA portion of Prairie Pines Preserve has been field tested and proven a great place for a beginners and young people. For those who are more adventurous there are over 18 miles of marked, primitive hiking plus equestrian friendly trails just waiting to be explored. Prairie Pines Preserve is a park offering a wide variety of activities. In addition to hiking it offers a full parking lot with spacing for horse trailers, hitching posts for the horses, restrooms, bike trails, bird watching, horseback riding, geocaching and a picnic area so it’s fun for the whole family.
Prairie Pines Preserve is located at 18400 N. Tamiami Trail, N. Fort Myers, Florida. Fair warning that Google maps weren’t exactly accurate with the address so keep your eyes peeled for the sign on the east side of 41.
Mark your calendars for this December to catch the Conservation 2020 Saturday morning guided walk series which runs through March. The tours are at various parks and preserves and there is no charge to attend. Learn more by visiting their website at www.Conservation2020.org.
Happy Trails and Boardwalks!
Special to Southwest Spotlight Magazines
April 2015 Bonita Springs Real Estate Statistics
Bonita Springs and Estero Florida real estate sale barely felt a bump when tourist season ended this year. Typically, our snowbirds return north and we have a quiet period but this year the market kept pace, real estate buyers lingered and sales have maintained a consistent pace.
Most sales in Bonita Springs are cash transactions. About sixty-three percent of sales are paid for with cash, followed by about thirty-three percent conventional mortgages.
The largest portion of home sale in the Bonita Springs area is the $200-400,000 price range, followed by 200K and under. The $200,000 and under price range is continually selling off reducing that price point as the bottom of the market sells off.
Closed sales in the month of April showed less than 4% of all sales were foreclosures and only two short sales closed sales. With rising real estate prices, short sales have diminished simply because many home owners are back “above water”.
Current home and condo listings which are actively for sale show that only about 1% of active listings are considered a short sale, which means that the home owner owes more than the current value of the homes and will have to request debt forgiveness from their lender. Only 3.4% of active listings are currently forecloses, which means that the lender has already repossessed the real estate. That leaves 95.5% of the active real estate in Bonita Springs and Estero is equity meaning that there is no bank involvement in the sale. Great news for the Bonita Springs real estate market.
If you would like more information about the Bonita Springs and Estero Florida home market call or text Chris Griffith 239-273-7430.
Mission Five Collier County Honor Flight
Several months ago I applied to become a guardian for Collier County Honor Flight. If you are not familiar, honor flight is program which honors America’s veterans for their sacrifices by transporting them to Washington, D.C. to visit and reflect at their memorials. My phone rang on a random Thursday in April and I was asked if I had continued interest in going and if I had a particular set of dates available for orientation, training and for the actual flight. After a quick glimpse of the calendar, I was in and paired with my very own veteran, Theodore “Ted” Adams, who I had the good fortune of accompanying to Washington DC.
Ted served in the Marines (1950-1954) and was decorated with the Silver Star, Bronze Star, Purple Heart, Korean Service Medal and Presidential Unit Citation. I learned that at eighty-six years he was the youngest veteran on the flight and one of only three veterans of the Korean War on the flight; the rest of the veterans had served during World War II. One of the WWII Veterans in attendance had celebrated his 101st birthday, just days before!
Everyone gathers at the airport pre-dawn on the day of Honor Flight because there is so much to squeeze into one single day. The mission begins at dark o’clock and returns back to southwest Florida fairly late in the evening. Squeezed into the middle, without a moment to spare, are police escorts from memorial to memorial. It’s quite remarkable to witness the whole operation in motion.
The points of interest we toured included the World War II Memorial, Arlington National Cemetery to witness the changing of the guard, the Korean War Memorial, The Vietnam War Memorial, the Lincoln Memorial and the Iwo Jima Memorial. It was an action packed day carefully orchestrated by a team of selfless volunteers who were quite skilled at keeping over one-hundred and fifty people moving in the correct direction at all times.
The memorials are stunning to see in person on any regular day but when you’re surrounded by the company of such great men, sharing harrowing tales of their service it becomes an emotional mixture of inspiration and heart ache. Some stories, so very personal and poignant, had never been told before and likely may not ever be told again. Of course, they’re not my stories to share so let’s just leave it at that.
What I can share is that there were more hands reached out and more pats on the back by passers-by than I had ever seen in my life. One pause at the stairs of the Lincoln Memorial began a steady stream of appreciative tourists who shook Ted’s hand and thanked him for his service. The line began with a Korean couple who spoke no English but motioned in the universal take-a-photo-with-me language, to which Ted obliged. Moments later Ted was circled by teen aged students from Ohio, then California and then Kentucky. Each group was on their respective school trip. Ted had actually retired from the school system having been a teacher, a principal and eventually a superintendent. It was as though they knew that he simply adored students. He was like the Pied Piper of children and held court in front of Lincoln for quite some time.
As the sun began to set on our whirlwind day we returned to the Baltimore airport for the flight home. The final surprise for the veterans was a thunderous crowd of a couple thousand people who had gathered at RSW to welcome them home. For many it was the first welcome home that they had received. Bless the hearts of the May 2nd crowd for toughing it out for an extra few hours, as there were unexpected flight delays. The crowd formed a tunnel that the veterans passed through, which ran the length of the entire terminal to the waiting, curbside motor coaches. It was a proper welcome home to punctuate the day honoring their service and sacrifice to our nation.
If you’d like to participate in the next welcome home, Collier County Honor Flight Mission Six is on June 20, 2015 at RSW in Fort Myers, Fl. You can learn more about Mission Six, becoming a guardian or a veteran on a future flight by visiting www.CollierHonorFlight.org. There is a video chronical of Mission Five available at www.tinyurl.com/CollierHonorFlight.
Happy Trails, Boardwalks and Honor Flights
This Article is Special To Southwest Spotlight Magazine.
Powell Creek Preserve Fort Myers Florida
Have you ever heard of a filter marsh? Over the winter of 2015 I picked up on the Conservation 2020 guided walk series and caught a guided walk at Powell Creek Preserve one early Saturday morning. Powell Creek Preserve is a filter marsh located in North Fort Myers. Like many of the Conservation 2020 parks it’s fairly incognito but once you get on site there is plenty to see and experience.
Besides providing a great wildlife habitat, this filter marsh was created to improve water quality in the creek and downstream bodies of water. As water collects in the filter marsh it slowly travels through a series of wetland ponds which filter the sediment and excess nutrients, toxins and heavy metals along the way. In short, the water is scrubbed in a man-made natural filter built into Powell Creek before it goes downstream into the Caloosahatchee river and out to the gulf.
The filter marsh is only a few years old and already thriving and bustling with nature. The small lakes at Powell are circled by a berm of soil with a sturdy shell base on top. It makes for a wide trail with a firm base so this preserve is suitable for wheels, be it stroller or a mobility scooter. It’s also not more than a mile in circumference so if you take kids they won’t get bored. I’d say that it’s a great beginner hike for the littles.
My first thought after I walked the route was that it would also be a great place to visit to walk or run for measured exercise. It’s almost like a fitness track but with more nature. It’s lined with a variety of trees and wildflowers plus the water plays host to a variety of ducks, wading birds and, one of my favorite little water birds, the coot.
Along the trail you’ll stand a shot at spotting a gopher tortoise or two toward the back. There are several tortoise dens sprinkled through the patches of netted pawpaw.
Parks in North Fort Myers usually offer up different plants and insects than the parks in South Lee County. Two great sightings on this trip there were red winged black birds and a magnificent zebra swallowtail butterfly. Both were not only photogenic but cooperated for a moment or two so I could get a shot with the camera.
If you go, remember that you’ll be driving down Bayshore Road so that means you’ll also be in the area of Ozzie and Harriet stars of the Southwest Florida eagle cam. You can also stop by there and watch the eagles soar, up close and personal. You can even park and join the gallery of photographers on the fence line.
Powell Creek Preserve is located off of Hart Road but I will warn you the Google maps wasn’t exactly accurate so you’ll want to keep your eyes peeled for the park sign and parking lot on your left. The street address is 15601 Hart Rd, North Fort Myers, Florida 33917. You can learn more about Powell Creek Preserve and other Conservation 2020 parks at www.conservation2020.org.
Happy Trails and Boardwalks!
Special to Southwest Spotlight Magazine
Find other Things To Do in Bonita Springs
GRIFFITH ATTENDS SPECIAL TRAINING, BUILDS EXPERTISE IN LUXURY HOME MARKET
Bonita Springs, Florida, April 11 2015 -- Chris Griffith with Downing Frye Realty recently completed a luxury home marketing training course offered by Realtor Association of Sarasota and Manatee.
The course - which covered such topics as demographics of the affluent, lifestyle segmentation, trends and amenities in today’s luxury home product, and creating a marketing plan for the multimillion dollar property – was taught by Laurie Moore-Moore, President of the Dallas-based Institute for Luxury Home Marketing and author of the book, Rich Buyer, Rich Seller! The Real Estate Agents’ Guide to Marketing Luxury Homes.
“The course is a step towards earning the prestigious Certified Luxury Home Marketing Specialist® (CLHMS) designation which The Institute awards internationally to sales professionals who meet performance standards in the upper-tier residential market,” said Moore-Moore. Chris Griffith is an example of a sales associate who works to hone the special skills and competencies necessary to provide exceptional service in the fine homes and estates marketplace.”
Chris Griffith is a platinum, award-winning sales associate who has been in real estate since 1999 and specializes in the Bonita Springs, Florida luxury residential market. Griffith has also earned and maintains the designations of Certified Residential Specialist, Accredited Buyer’s Representative, Graduate Realtor Institute, Seniors Real Estate Specialists, Certified New Home Specialist and ePro.
“The training provided reinforcement for the marketing plans I currently implement in the upper tier real estate market plus it helped me polish my skills, and provided valuable networking contacts with other agents across the country who specialize in luxury properties,” said Griffith “In addition, I discovered new and creative tools for promoting expensive homes and estates and new resources for finding buyer prospects. Home buyers and sellers in Bonita Springs will certainly benefit from my new knowledge.”
For insights into the current state of the luxury real estate market, contact Chris Griffith at Downing Frye Realty, Inc. at 239-273-7430 or email LifeInBonitaSprings@gmail.com
Contact: Chris Griffith
Downing Frye Realty, Inc.
23421 Walden Center Drive
Bonita Springs, Florida 34134
The 2015 winter tourism and buying season is winding down slowly. Believe it our not we’re still pending record numbers of sales in the Bonita Springs and Estero Florida area. Savvy home buyers have come to town and have firmly grasped our market. If they are not the Bonita Springs area when their opportunity arrives in this low inventory market. Read also: Buying a Bonita Springs Home Long Distance.
Speaking of record real estate sales, we’re still on fire, cash leads the market and our distressed real estate is running low. Here are some of the statistics and market reports for Bonita Springs and Estero Florida home sales.
Home Sales in Bonita Springs Florida
For those curious about what price homes are selling in Bonita Springs and Estero, the graph above shows that nearly 73% of homes sold were priced under $400,000. That means if you’re a home buyer in that price range you might have to battle to land a property. Inventory is low and we watch homes come in go in a day, sometimes hours.
Home Financing in Bonita Springs Florida
If you find you’re battling to get a property and you’ve had a few of them slip through your fingers, here is a graph that shows why. About 62% of our home sales in Bonita Springs are paid for with cash. Cash is king and many home sellers and Bonita Springs listing agents guide their sellers to take the cash thereby eliminating the financing contingency and reducing their risk of not closing sale.
Bonita Springs Historical Homes Sales
Even though our numbers are slightly down from last year, it’s still a healthy market and I’ve included sales in 2005 just so that you can compare the recent few years of the market to “the boom year”. We’re basically level and selling consistently. Sales continue and our distressed inventory is evaporating.
Distressed Homes Bonita Springs FL
Closed home sales in the Bonita Springs, Estero Florida area last month show that distressed sales were just under 6% of our real estate market. We’ve had as little as 4% of our market distressed. Since the bottom is coming up there are fewer short sales because home owners are able to sell and cash flow.
Distressed Homes in Bonita Springs
Our active real estate market indicates less than 3.5% of all real estate listings are “distressed” meaning they are a short sale or a foreclosure. This is a very healthy real estate market. Not totally healed but it’s in great shape. Feel free to download this free copy of the graphs above in .pdf form.
If you have questions about buying or selling real estate in the Bonita Springs or Estero Florida market, give Chris a call or send a text message to 239-273-7430.
Collier Seminole State Park Naples Florida
Driving east on US 41 is favorite pass time for me just because of the visual quietness of it all. It is not unlike me to load up the Dill, the fearless Min Pin, to see where the road will take us. A few weeks back I headed out with that very mission in mind and rediscovered the fun little escape of Collier Seminole State Park.
The main portion of the park offers a great exhibit of one of the original Bay City Walking Dredge machines used to build US 41, which connected Tampa to Miami back in 1920’s. In case you were not aware, the word Tamiami is a combination of the two city names.You will find Collier Seminole State Park about nine miles east of Collier Blvd. (951) on US 41 where it meets San Marco Road. There are a few locations to access the 7,200-acre park so it would be a good idea to Google before you go. The main entrance with the ranger station is just south of San Marco Road and that is where you pay to enter to use the boat ramp as well as pay the trail use and campsites fees located in other locations.
The focus of the trip was to hike the trail that’s located about seven-hundred feet north of the main entrance. A few years back, I gave it a whirl near the end of rainy season and was nearly drained by mosquitos. It was misery. It made me wonder how tough that dredging crew must have been to put up with mosquitos because I was a quitter, with no regret, in record time.
The Old Marco Road trail is nice and fairly flat hike but it’s not exactly a breeze. It’s about four miles in length so eat your Wheaties before you go and bring enough water. Since we have had a few rain showers, the prairies had greened up and there were fields chock full of thistle, coreopsis, tassel flower and Spanish needle wildflowers. Naturally, the flowers attracted the pollinators so there were plenty of honeybees and butterflies to be seen. I was thrilled to have been able to capture photos of a both a Checkered Skipper and the spastic, Julia butterfly.
This trail is fun because of the varying types of vegetation and great scenery at every turn. The sheer windiness of the path made it a fun walk and kept us on our toes. We did see more people than expected. There were mountain bikers, runners and walkers, a hand full of them had dogs in tow. There were a few gators in a marshy area along the trail so keep that in mind if you bring your dog.
In all, it was a great place to hike and it tuckered out Dill, which is hard to do. He was asleep as soon as we were in the car. On the drive home, I realized that we had had a full circle sort of day on that trail. After the loss of my last dog of eighteen years, I applied with a rescue hoping to get a recycled dog. I was actually moping at Collier Seminole State Park when the rescue called to let me know that I had finally been approved to adopt and that they had a black and tan troublemaker set aside for me in Port Charlotte. The rest, as they say, is history.
If you would like to blaze trails at Collier Seminole State Park you can learn more at www.floridastateparks.org/collierseminole.
Happy trails and boardwalks!
This article is special to the Southwest Spotlight. Find all park reviews at www.LifeInBonitaSprings.com/parks
Fish Crazy Restaurant N. Naples, Florida
If you’ve been around SWFL long enough you probably are familiar with Randy Essig formerly of Randy’s Seafood and Rodes Market, fame. He’s now partnered with Tony Valego and opened Fish Crazy in North Naples, in the location that was the home of Naples Tomato.
From the lunch menu, I enjoyed the firecracker shrimp appetizer plus the fried shrimp platter with fries (from the dinner menu) and slaw, as my entree. My lunch company had the fish tacos with a side of fries and slaw. Both dishes were decidedly perfect and worthy of the highest praise. I can’t wait to go back and try the hush puppies and grouper sandwich.
Imagine my surprise walking into a restaurant, a new restaurant that just recently opened, in the middle of tourist season, and getting a seat! Fish Crazy had been open only a few weeks when I decided to brave the crowds and treat myself to a great lunch. Fortunately, I chose an early lunch on the weekend of the Blues Festival and the Susan G Komen event … the crowds were otherwise preoccupied.
Fish Crazy offers a seafood counter that you’ll see when you walk in the door. Other stand out features are the huge, full bar with tons of seating plus an indoor bocce court. The only restaurant I know with a bocce court!
When you go remember that Fish Crazy doesn’t offer reservations or call ahead seating. Be sure to “like” their Facebook page and keep up with current events, here: https://www.facebook.com/FishCrazyNaples.
Fish Crazy Restaurant
14700 Tamiami Trail North, Naples, Florida
Touring Wild Turkey Strand Things to Do in SWFL
Recently, I attended a Conservation 2020 guided walk event at Wild Turkey Strand Preserve in Fort Myers, Florida. I’ve driven by it dozens of time and like many others I paid no attention to the classic brown park signs on the side of the road. I also had no idea how historically significant artifacts at the preserve were to the World War II war effort.
Wild Turkey Strand Preserve consists of just over three-thousand acres and has a really interesting historical twist that many other preserves don’t have; it includes part of the former Buckingham Army Airfield, a World War II-era training base from 1942-1945. I’m a little embarrassed to admit that I didn't realize just how much of Lee County Florida, about 65,000 acres, was once a part of the Buckingham Army Airfield and the Flexible Gunnery School.
Wild Turkey Strand Preserve offers plenty of recreation activities which include hiking on boardwalks and marked trails, bird watching, nature photography and picnicking in addition learning a little bit about WWII history. One of the main trails, Gunners Trail, offers a well-manicured walk around restored preserve lands and a segment of the old gunnery ranges. The concrete munitions buildings and bases for gun turrets remain near the trail. They can easily been seen without leaving the pavement and have plaques which detail their use and training purpose for the nearly 50,000 gunner trainees who attended the school.
The paved portions of trail are made of rubberized asphalt which is easy to walk on, or push a stroller. I had the grand kids in tow on this tour so Wild Turkey Strand Preserve is officially field tested, and passed, for being kid-friendly. That means we easily spotted a few little critters, flowering plants and birds and it wasn't too long for them. In a nutshell, it means that they didn't get bored and turn on me.
Along the trail there are elevated boardwalks and wetland lookout areas. At one of the prairie marsh lookouts we ran into a gentleman who had just hiked the unpaved, marked trail and stumbled upon a sow and a litter of baby wild hogs. Much to his surprise he had interrupted a panther about to feed on them! He was nearly breathless as he shared his once in a lifetime sighting with us. It was fun to hear about as our only drama was a close encounter with a decent sized, non-venomous, yellow rat snake.
We did venture down the unpaved trail but we turned back when we ran into some areas too wet for little feet. There is no doubt that the unpaved portion trail will have a few wet sections if you go after a rain or in the summer months, so keep that in mind when you plan your visit.
For the record, we didn’t see any wild turkey on this trip but there’s always next time …
Wild Turkey Strand Preserve offers free entry plus parking is free and plentiful. The trail is partly ADA compliant with picnic tables and restroom facilities on site. Leave your pooch at home, pets are not permitted.
Wild Turkey Strand Preserve is located at 11901 Rod & Gun Club Road, Fort Myers, Florida located just off of State Route 82. Visit www.Conservation2020.org for more information.
Happy Trails and Boardwalks!
Find the entire list of parks and preserves located on a navigable Google map, with links to photos and commentary at www.LifeInBonitaSprings.com/parks/.
This article is special to Southwest Spotlight.