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Bonita Springs Market Report

Inventory at the end of November 2023 was 1,038 properties, the first time it's been above 1,000 units since November of 2020. The median price has been about the same since April of 2022. While showing an increase from last November, New Listings, Pending Sales and Average Days on Market all declined from the previous month. New Listings were down 12%, Pending Sales were down 4.3% and Average Days on Market were down 19%. Closed Sales, however, were up 1.4% from a year ago and up 16% from October 2023. The median closed sales price in November 2023 was $577,710. The percentage of cash buyers was 65.7%, and sellers received an average of97% of the listed price.