Bonita Springs Estero Florida Real Estate Market Report Statistics August 2024

The "election jitters" continue and amplified.  Since the last newsletter, there was an attempt on a candidates life and the incumbent dropped out of the race. All of this uncertainty adds up to nervous consumers. The consumers are shopping hard but they're still purchasing quietly.  I found a really interesting stat online that shows why/how real estate would change hands just based on life events.  Take a look at what is anticipated to occur to American residents in 2024-2025.  These are the factors that would compel people to buy or sell real estate regardless of the market, politics, world affairs or interest rates.

When we did the numbers for this month inventory went down, again ... just the tiniest bit or stood pat. It went down a small amount last month, also.  We know your summer weather is stunning up north but it may be worth your while to look at property before the masses return. The inexpensive properties (everything is relative) are moving fairly quickly.   Look at these stats of the overall market in a rolling absorption rate.  These figures indicate the "months of inventory" currently for sale, given the rate of sale.  That rate will pick up  in the next 30 days as shoppers purchase to "winter over" instead of leasing a seasonal rental.

• Bonita Springs - 8.2 months ↔

• Estero - 7.25 months ↓↓

• Naples - 8.14 months ↓↓

• Fort Myers - 8.35 months ↓↓

Schedule a strategy call with one of our local specialists to learn more about determining your leverage to negotiate.  Email or give a call and we can walk you through the next best steps to locating the perfect Florida home.  Here is a 50,000 foot overview of what is happening in the radius of Bonita Springs & Estero as a whole.  Take note that the top right graph shows no foreclosures or short sale.  Clickbait headlines make people think there are issues but the statistics indicate otherwise.

Our Current and Upcoming Listings

• NEW LISTING 2bed+den/2ba ground floor condo in Downtown Bonita $225K!
• NEW LISTING 3bed/2ba ground floor villa - roof and exterior maintenance inc. in HOA!
• NEW LISTING - Already Pending! - SF Pool Home Bonita Springs $400ish
• NEW LISTING - Already Pending! - Polynesian Villas $259,900!
• NEW LISTING  - Gardens of Bonita 3bed/2ba  315K Preserve View
• PRICE IMPROVEMENT $515K Capri III w/ Pool in San Remo at Palmira Low Fees!
• $375K Bay Forest 2bed/2ba Condo - Sunset Exposure
• $590K Bay Forest Villa Home 3bed+den/2ba/2car garage
• Pending! $650K Village Walk of Bonita SF pool home 2bed+den/2ba/2car 
• DOZENS of Portfolio Listings (Off Market But For Quietly For Sale) Let's Talk!
• New Construction Representation at ANY Florida Community: Learn More

Learn more about absentee buyer services offered by The Griffith Group. If the *perfect* home becomes available while you are up north or traveling let us show you how we help buyer learn more to safely make a purchase from a distance, read this article: 

Southwest Florida Exclusive Buyer Representation

Last, we are now offering the real estate market report graphs is a printed version mailed to your address. If you prefer reading "paper-paper" we have created a form where you can sign up to receive it plus in the fall we mail out the Downtown Bonita Springs Events Calendar.   

Here are a few ways to stay engaged in the SWFL summer real estate market. Click here: Monthly Market Report Postcard & Winter 2025 Calendar of Events Plus Save the date and RSVP to Angela for Nov 26th Pie Day and Poker Run.