Estero May Market Summary
Single Family
Condos
How far Behind the Curve is the Federal Reserve?
How to protect your house from title fraud
Florida Lawmakers Pass Insurance, Condo Reforms
Why are Mortgage rates so high?
Florida Regulator: Insurers Can Offer Roof Deductibles
Expansion Plans for Fort Myers Airport
- Andrew Oliver, M.B.E., M.B.A.
Real Estate Advisor
Andrew.Oliver@Compass.com
www.TheFeinsGroup.com
www.OliverReportsFL.com
m: 617.834.8205
———-
800 Laurel Oak Drive, Suite 400, Naples, FL 34108
———-
Licensed in Massachusetts
www.OliverReportsMA.com
Estero 2021 Market Report
Estero is sandwiched along Florida’s Gulf Coast between Naples to the south and Fort Myers to the north and lays claim to Florida Gulf Coast University and serves as a relaxing destination.
The shortage of inventory, coupled with continuing strong demand, produced higher sales prices and sales price per sq.ft. In the table below note the Quarter by Quarter increase in median price per sq.ft. (PSF). When looking at price increases it is important to remember that building costs have also gone up substantially in the last 2 years (more…)
What I like about Living in a Gated Community
When people are thinking of buying a property in Florida one of the questions is whether to buy in a community with a Homeowners’ Association or a stand alone property. Here’s what I like about living in a gated community.
The gate
While it can at busy times cause a delay for service vehicles entering the property it also provides a sense of security for residents knowing that every car entering the property has to be cleared with an owner
Landscaping
Wednesday is my favourite day of the week – it is the day the landscaping crew of 3 comes. In addition to cutting the grass, they prune and trim trees and plants and will do other work on request.
Just this last week the palm trees were pruned and – best of all – mulch was laid throughout. No more trips to Home Depot for me! (more…)
Bonita Springs/Estero Area and Community Market Reports
I have published the following Fall Market reports:
Bonita Springs Fall Market Report
Estero Fall Market Report
Bonita Bay Fall Market Report
Pelican Landing Fall Market Report
Spanish Wells Fall Market Report
Naples area Fall Market Reports
Foreign Buyers May Return in November
Mortgage rates back to 3% – again
Andrew Oliver
REALTOR®| Market Analyst | DomainRealty.com
Naples, Bonita Springs and Fort Myers
Andrew.Oliver@DomainRealtySales.com
m. 617.834.8205
www.AndrewOliverRealtor.com
www.OliverReportsFL.com
_____________
Market Analyst | Team Harborside | teamharborside.com
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
www.OliverReportsMA.com
Andrew.Oliver@SothebysRealty.com
Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated
Estero Fall Market Report
Estero is sandwiched along Florida’s Gulf Coast between Naples to the south and Fort Myers to the north and lays claim to Florida Gulf Coast University and serves as a relaxing destination.
Median prices in all categories have increased steadily this year, while sales saw the usual seasonal slowdown in Q3.
Pelican Landing Fall Market Report
Pelican Landing is a master planned community of 3,350 residences on over 2,300 acres, bordering Estero Bay on Florida’s Gulf Coast and accented by lakes and preserves.
The market saw consistent increases in median prices in the first 9 months of the year.
Foreign Buyers May Return in November
WASHINGTON – President Joe Biden will ease foreign travel restrictions into the U.S. beginning in November, when his administration will require all foreign nationals flying into the country to be fully vaccinated. Fully vaccinated passengers will not be required to quarantine.
In my recent market reports I wrote: “As buyers from more foreign countries are allowed to visit the US again, those buyers – who were largely absent last year – may well add further demand to an already extremely tight market.
As for the future what remains true is that “as it’s now possible to work from anywhere in the world, why not live and work in paradise?”
Traffic is starting to pick up in Southwest Florida as we see the first of the winter arrivals. If you are interested in buying please contact me to beat the rush!
Read these recent articles:
Naples Housing Market August Review
Mortgage rates back to 3% – again
Yes Virginia, it is Still a Sellers’ Market
Andrew Oliver
REALTOR®| Market Analyst | DomainRealty.com
Naples, Bonita Springs and Fort Myers
Andrew.Oliver@DomainRealtySales.com
m. 617.834.8205
www.AndrewOliverRealtor.com
www.OliverReportsFL.com
_____________
Market Analyst | Team Harborside | teamharborside.com
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
www.OliverReportsMA.com
Andrew.Oliver@SothebysRealty.com
Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated
Bonita/Estero August Market Summary
Key takeaways: Single Family (SF) median price up 28% Year-to-Date (YTD) to $525,000 on 44% higher sales; YTD median Condo price YTD up 21.5% to $309,950 on 64% higher sales:
Please contact me to discuss the current market and see how I can help you in your search.
Naples August Housing Market Review
Prediction: Lots of International Buyers Over the Next Year
Andrew Oliver
REALTOR®| Market Analyst | DomainRealty.com
Naples, Bonita Springs and Fort Myers
Andrew.Oliver@DomainRealtySales.com
m. 617.834.8205
www.AndrewOliverRealtor.com
www.OliverReportsFL.com
_____________
Market Analyst | Team Harborside | teamharborside.com
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
www.OliverReportsMA.com
Andrew.Oliver@SothebysRealty.com
Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated
Estero July 2021 Housing Market Summary
The 3-month median price for Single Family Homes in Estero continued to rise sharply reaching $545,000 for the May-July period quarter, some 33% higher than a year ago:
While sales are seeing the familiar summer decline, they are doing so from a high level: (more…)