The Estero real estate end of year 2009 market statistics for both home and condominium sales are listed below. Estero is ideally located between Ft. Myers and Bonita Springs and is currently in the process of building and developing wherever you travel in the area. Developers are offering every type of community you can imagine, from large gated and planned communities, to smaller town centre type projects where the amenities are built around a self-contained lifestyle.

Estero Real Estate Sales Data

Estero Homes Sales End of Year 2009*:

• 593 Closed Sales (424 in 2008)
• Average Sales Price – $264,457
• Median Sales Price – $250,750
• Average Days on Market – 133
• Average Sales Price/Square Foot – $119.52

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Tags: markets, real estate, sales, SW Florida

The Fort Myers real estate end of year 2009 market statistics for both home and condominium sales are listed below. Fort Myers, known as the “The City of Palms”, sits along the natural splendor and shoreline of the Caloosahatchee River and is renowned for its fabulous winter weather. The city is a metropolis bustling with historical, cultural, and ecological attractions and the downtown area is undergoing major renovations in order to keep up with its continuing growth.

Fort Myers Real Estate Sales Data

Fort Myers Homes Sales End of Year 2009*:

• 2,829 Closed Sales (2,397 in 2008)
• Average Sales Price – $134,673
• Median Sales Price – $98,400
• Average Days on Market – 58

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Tags: markets, real estate, sales, SW Florida

The Sanibel Island real estate end of year 2009 market statistics for both home and condominium sales are listed below. Sanibel Island, known as the “Shelling Capital” of the world, is one of Southwest Florida’s true treasures. Only 12 miles long and 5 miles wide, Sanibel is a haven of natural beauty, very romantic, and a place of solitude. Imagine seventeen miles of pristine soft white sand beaches all surrounding waterways, mangroves and wetlands teeming with abundant wildlife. Throw in the island’s quaint shopping experiences, numerous dining and nightlife choices, and 300 plus days of sunshine and you have the perfect Southwest Florida living destination.

Sanibel Island Real Estate Sales Data

Sanibel Island Homes Sales End of Year 2009*:

• 125 Closed Sales (106 in 2008)

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Tags: markets, real estate, sales

Foreclosure filings continue to impact the Southwest Florida real estate market in January and February in both Lee and Collier counties. For Lee County, there were 1,395 new filings in February, up from the 1,318 in January. In Collier County, there were 565 new filings in February, up from 457 in January.

While both counties’ filing numbers were down on a year over year basis, foreclosure sales are still having a major impact on the overall market. In Lee County, 42% of January’s solds were a foreclosure; in Collier County, foreclosures accounted for 23% of the month’s closed sales.

Continue Reading Southwest Florida Real Estate – Foreclosure Filings Continue

Tags: foreclosures, markets, sales

The new year has brought continued strength to the Southwest Florida real estate market. After a blow out year in terms of total sales for 2009, Jaunary’s numbers show no signs of a let up.

Here’s a synopsis of the January sales numbers:

Bonita Springs Real Estate Sales

Bonita Springs Real Estate Market Highlights:

• January sales totaled 99 and were up 45% from a year ago.
• Single family home sales were up 54% and totaled 59 sales.
• Single family home inventory has fallen to 9.9 months worth of supply.
• Condos sales were up 42% and totaled 40 units.
• Condominium inventory has fallen to 8.5 months worth of supply.

Continue Reading Southwest Florida Real Estate Sales – January, 2010 Update

Tags: markets, real estate, sales, SW Florida