Bonita Springs Absorption Rates Are Broken
I’m super late getting the Bonita Springs, Estero, Florida May statistics to you because I’ve just been swamped with work. It’s like the movie Ground Hogs Day; sun up, sun down, sun up, same stuff, sun down.
I’ve had them done for a day or so and it just didn’t make sense to post the absorption rate. The numbers are skewed because there are so many pending sale and active with contingencies that it adds years to the inventory. I was shocked at the amount of pending real estate sales so instead of showing the absorption rate that is off by years in many sectors I will show you the entire breakdown by building style and you can judge for yourself. We’ve mostly been running at about 24 months of inventory, give or take so I assume when these little rascals close we can get a more accurate count.
Bonita Springs Estero Pending Sales Numbers
Bonita Springs Estero Units Sold Numbers
As usual I do three years of real estate sales in a row so you can see the trend over a series of a few years.
All this information is deemed accurate, not guaranteed, yada, yada.