Bonita Springs July Housing Market Summary

The 3-month median price for Single Family Homes in Bonita Springs continued to rise sharply reaching $545,000 for the May-July period quarter, fully 45% higher than a year ago:


While sales are seeing the familiar summer decline, they are doing so from a high level: (more…)

Whay are people moving to Southwest Florida?

“Both Collier and Lee counties have been among the very strongest population growth markets in the entire nation over the past five years,” said Brian Alford, Florida director of market analytics for CoStar Group, which specializes in worldwide real estate data. “There have also been numerous corporate relocations and expansions over the past decade, including large expansions over the past couple of years by firms such as Gartner and Arthrex, adding even more jobs.” (Naples Daily News)

Some of the workers live in Bonita Springs, about halfway between Naples and Fort Myers. Incorporated only at the start of this century, Bonita for the first time barely edged into the Top 50 of the most populated in Florida, joining Cape Coral, Fort Myers and North Port.

“Demand to move here has always been strong, but lately, low interest rate policy, and coupled with lockdown fatigue up north, increased demand even more, which explains the larger-than-expected increases in population down here,” said economist Christopher Westley, dean of Florida Gulf Coast University’s Lutgert College of Business. (more…)

Bonita Springs April Market Report

Bonita Springs, FL Real Estate Market Update April 2021

No slowdown in buyer demand for Bonita and Estero market

According to the Bonita Springs-Estero REALTORS® (BER), buyer interest in February 2021 was robust, leading to multiple offer situations and a very active start to the spring selling season in Bonita Springs and Estero.  Along with robust sales, inventory shortages are also a continuation into springtime as well.  Most notable was the 76.7 percent drop in available inventory as compared to the same time in 2020.  While there are inventory challenges, this should not deter buyers and sellers from entering the market.

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