Bonita Bay Real Estate Sales Update - January to September 2008
Posted by Benjamin Dona on Monday, December 8th, 2008 at 5:43pm.
The January thru September Bonita Bay real estate market statistics for both homes and condominium sales are listed below. Bonita Bay is Bonita Springs premier gated community and is a highly sought after place to live. Encompassing 2,400 acres, Bonita Bay is also the flagship community of the Bonita Bay Group here in Southwest Florida. More than half the community is devoted to open space, including three Arthur Hills-designed golf courses and 12 miles of biking and walking paths.
Bonita Bay Sales Data
Bonita Bay Home Sales January-September 2008*:
- 50 Closed Sales
- Average Sales Price - $1,255,190
- Median Sales Price - $940,000
- Average Days on Market - 208
- Average Sales Price Price/Square Foot - $336.34
Bonita Bay Condominium Sales January-September 2008*:
- 71 Closed Sales
- Average Sales Price - $413,231
- Median Sales Price - $375,000
- Average Days on Market - 215
- Average Sales Price Price/Square Foot - $205.56
High Rise Condominium Sales January-September 2008*:
- 20 Closed Sales
- Average Sales Price - $1,102,875
- Median Sales Price - $1,250,000
- Average Days on Market - 258
- Average Sales Price Price/Square Foot - $340.47
In comparison with 2007 sales data, we saw a 13% increase in the number of Bonita Bay homes and a whopping 219% increase in the number of Bonita Bay condominiums. The average price for homes fell by 8% while the average price for condominiums fell by 33%. Average days on market rose by 13% for homes and fell by 8% for condominiums. High rise condominiums sales were basicaly flat (20 versus 21). Average price dropped by 21% and their days on market fell by 10%.
So, if you are interested in buying or selling a home or condominium in Bonita Bay, please contact us and one of our associates will be happy to assist you. Call us at 888-617-3674.
*Sales Data Statistics from NABOR & SWFL MLS
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About the Author
Benjamin Dona is the Broker and Owner of Gulf Coast Associates, Realtors in Bonita Springs, Florida. He holds two advanced degrees, an MBA and an MA, and has an extensive background in both business and marketing. In 1998, he founded Gulf Coast Associates, and formed a group of like-minded Realtor® associates dedicated to offering professional Southwest Florida real estate services by concentrating on information, education and the use of leading edge technologies. He also is a recognized expert on the "Net," a much-quoted and read blog author, and a contributor to both national and international news outlets. Benjamin is a member of the National Association of Realtors, the Florida Association of Realtors, and numerous local real estate boards throughout Southwest Florida.
Contact Benjamin Dona at 239-948-3955
Southwest Florida Real Estate Blog