Bonita Springs real estate statistics January 2017
The real estate sales in Bonita Springs and Estero has continued to pick up through tourist season. There isn’t any ground shaking news to report. Slow and steady wins the race and that includes real estate sales.
The short sales and foreclosure market remains a very small segment of the real estate closing sales every month. At press time there were fewer than a dozen foreclosures and only four short sales in Bonita Springs, Florida.
The majority of closed sales are paid for with cash – 58% cash sales. Approximately 33% of closed sales in Bonita Springs are paid for with a conventional mortgage. VA, FHA and Seller financing make up the balance of payments.
The largest selling segment of Bonita Springs homes and condos is the $200,000-400,000 range – about 54%. The $400,000-600,000 range accounts for 18%. We’ve seen a bump up in luxury real estate sales which often happens after the first of the year.
The units sold per month is running on par with prior months and has sustained level that has shown a healthy real estate market.
If you’d like to learn more about the real estate statistics in your Bonita Springs neighborhood contact Chris Griffith at 239-273-7430.