Southwest Florida Home Sales

Southwest Florida Home Sales February 2020 Review

The official Southwest Florida Home Sales reports have yet to be released, however, preliminary numbers indicate sales were positive for February.

Bonita Springs and Estero Southwest Florida Homes Sales Review

For the Bonita Springs and Estero area, there were 3,242 properties sold which was up 5.4 percent over the previous 12 month period when 3,076 properties were sold. During the same time period, the average sales price increased slightly up by a half a percent to $410, 379.

While home sales increase, inventory and new listings continue to decline. New listings fell by 12.35 percent down from 4,900 to 4,295. As a result, we only have a 5.47 month supply of inventory. A healthy level of inventory is considered to be 6 to 7 months of supply of homes for sale. Therefore, the Bonita Springs and Estero area inventory levels make it a sellers market.

Fort Myers Southwest Florida Homes Sales Review

The Fort Myers area saw similar activity as Bonita Springs and Estero. In all, there were 6,114 properties sold, which represented an 8.2 percent increase over the preceding 12 month period when 5,652 properties were sold. The average sales price rose slightly by 1.59 percent up to $278,887 from $274,530 during the same period last year.

Like Bonita and Estero, inventory in Ft. Myers also fell double digits, down 11.57 percent to 10,039 homes available for sale. Also, inventory continues to be a challenge. As of March 1st, there were 2,137 properties on the market which is a 4.19 months supply of properties for sale. Again, this is considered a sellers market.

So whether you are considering a single family home or a condo, now is a good time to connect with an agent to learn what your home is worth.

Southwest Florida Real Estate Reports

Latest Weekly Southwest Florida Real Estate Transactions Recap

Naples Area Market Report

Luxury Golf Community Trends

Begin Your Naples Property Search

So, if you’re ready to begin your search for your Naples home, or a southwest Florida Luxury home or condo, we encourage you to explore our website to find information about communities in the area. If golf is your game, we specialize in golf community real estate and would be happy to help you navigate the more than 150 different golf communities in our area. If you prefer a more direct approach, we will provide a list of properties that meet your criteria and/or communities that meet your needs.

Also, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours. There is no cost for you to have an agent represent you. In fact, we may be able to help you save money and negotiate for extras which the builder may not let you know about.

Lastly, we will handle all contract negotiations for your property from offer to close!

Considering Selling your home?

Or, if you are considering selling a home in Bonita Springs, Estero, Naples or Fort Myers, we encourage you to work with a Professional Real Estate Agent or REALTOR® who has the experience and knowledge to provide an accurate market comparison so you can determine the right asking price. If you live in a golf community in southwest Florida, you are competing with more than 150 other golf communities. Contact us today to learn how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price.

Bottom Line:

If you’re looking for a focused and goal-oriented real estate representative in Naples, Bonita Springs, Estero or Fort Myers who will help you achieve your Real Estate needs, please reach out to us directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, a luxury home, vacation home, golf home or dream home, call us or text us at 239-370-0892 or email Matt at Matt@NaplesGolfGuy.com

About Naples Golf Guy