Bonita Springs Real Estate Market Report Dec 2023

Bonita Springs Real Estate Market Update - December 2023

Attention Buyers and Sellers in Bonita Springs, FL 34135! Here's an update on the latest real estate market trends to help you make informed decisions. 📈

1️ Inventory Update:

Currently, there is a 3.5 Months Supply of Inventory. Over the last 12 months, the Months Supply of Inventory has shown a significant increase of +85.19%. This indicates a shift in the market dynamics, which may impact your buying or selling strategy. Inventory ranges change wildly from neighborhood to neighborhood. Give us a call to find out the inventory in your community! 💼

2️ List to Sold Price:

The List to Sold Price percentage stands at an impressive 96.5%. This means that, on average, properties are selling fairly close to their listed price. Sellers can take advantage of this favorable market condition to maximize their returns. 💰

3️ Days on Market:

The Median Days on Market before getting a contract is 27, indicating a relatively quick pace of sales. Buyers can benefit from this by acting promptly to secure their dream home, while sellers can expect reasonable market exposure time.

4️ Median Sold Price:

The Median Sold Price in Bonita Springs is currently $679,000. This figure serves as a benchmark for buyers and sellers to gauge the market value of properties in the area. 💵

Whether you're looking to buy or sell, understanding these market trends is crucial. As your dedicated REALTOR®, I'm here to provide personalized guidance and help you navigate the real estate process with confidence. 🤝

Contact me today to discuss your specific real estate goals and how we can achieve them together! 📲 #LifeInBonitaSprings #REALTOR #BonitaSpringsRealEstate #MarketTrends