Bonita Springs Real Estate Market December 2018
The Bonita Springs real estate market is a little bit more of the same. Home sales and condo sale have been doing quite well this “season”. We’re in full swing and there are many snowbird buyers in the real estate market. It’s that time of the year where the season buyers are in town shopping for a property to winter in next year. Actually some of the buyers still have time to squeeze a few months out of the properties this winter and spring.
So, the long story short about the Bonita Springs housing market is that about eighty percent of the sales are under $600,000 and most of those sales are between $200,000-$400,000. There are neighborhoods with standing inventory and neighborhoods with little inventory. Both pricing and negotiating depend upon thorough real estate market knowledge which must, must, must include an absorption rate.
If your goal is to score a great deal whether it is new construction or a resale home call us to learn more. The developers are back in the entry level priced real market and they are competing amongst themselves and against the resale market. There are some great methods to help make sure you get a great deal which ever route you choose.
Looking forward what you will see are some price adjustments in the resale market. Those who have “tested the market” will reduce to bring new attention to their property. Also, there are those home seller who, in spite of being warned by their listing agent, will list their property toward the end of March when season is beginning to end. There are a few ebbs and flows to the inventory through spring.
Take a look at the graphs above by clicking through to the album. If you have questions about buying a home or selling your home call or text Chris at 239-273-7430.