Bonita Springs, FL Real Estate Update July 2019 Stats
There isn’t anything huge happening with Bonita Springs home sales but we are watching small changes that have added up over the past few months. Most notably we are watching cash transactions shrink. It was surprising when it went below 50% of the closed sales but we’ve watched a percent or two shave off each of the last few months. This month we had 43% of our sales close with cash. Conversely we’ve had about 51% of the closed sales fund with a conventional mortgage. It’s a seemingly subtle wave of change in funding, but we’re watching it.
In other news, the buyers are back in a wave, too. In one week we have had most of our under $300,000 listings pend sale! If you’ve been hesitating listing your home or condo and you’re priced under $500,000, now is the time. The serious buyers are here looking for a home to live in this winter.
If I can help you learn more about buying a home in Bonita Springs or selling your real estate in Bonita Springs call or text 239-273-7430.