Bonita Springs, FL Real Estate Update Oct 2019 Stats
Can you believe that seventy percent of our closed sales are under the price point of $400,000? It’s true. It’s that time of the hear year when home buyers are running from the northern states. Those who can not find a vacation rental often purchase affordable home or condos so they can winter over in them.
If you’re searching for a Bonita Springs home or condo to purchase in this price point you need to know that you have competition. If you see a quality property by comparison to other know that there are other buyers looking at the same selection and if they’ve had even a few days more experience than you they will know to strike like a rattle snake and scoop that property out from underneath of you.
We have few foreclosures and short sales. I had someone tell me just a few days ago that they’d love to find a foreclosure … that is not the norm and the banks don’t negotiate. The days of scoring a foreclosure below value are long gone.
We are just under 50% of home sales in Bonita Springs being funded with cash, second place goes to conventional mortgage financing.
If you’d like to learn more about purchasing a home in Bonita Springs or listing your home for maximum dollar and the fastest list to sales contract status give Chris a call or text at 239-273-7430.