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Estero, Florida Real Estate: Mid Year 2010 Sales Report

Posted by Benjamin Dona on Wednesday, September 1st, 2010 at 7:53pm.

The mid year 2010 Estero real estate 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. It is one of the last areas to be developed in south Lee County and the community offers excellent schools, shopping, and of course, year round sunshine.

Estero Real Estate Sales Data

Estero Home Sales Mid Year 2010*:
  • 158 Closed Sales (114 in 2009)
  • Average Sales Price - $279,852
  • Median Sales Price - $225,500
  • Average Days on Market - 107
  • Average Sales Price/Square Foot - $116.65
  • The list to sales price average was 93.5%.
Estero Condominium Sales Mid Year 2010*:
  • 161 Closed Sales (94 in 2009)
  • Average Sales Price - $143,568
  • Median Sales Price - $115,000
  • Average Days on Market - 90
  • Average Sales Price/Square Foot - $90.40
  • The list to sales price average was 94.1%.

Estero Quarterly Closed Sales - 2006 to 2010

Estero Quarterly Closed Sales - 2006 to 2010

 

In comparison with 2009 sales data, we saw a 38% increase in the number of home sales and a 71% increase in the number of condominium sales. We also have seen a 19% increase in the average price for homes and a 13% increase in the average price for condominiums. Average days on market was flat for homes and fell be 4% for condominiums.

The city offers a wide variety of living options and price ranges. Many of the more well known communities like Bella Terra, Stoneybrook and The West Bay Club have some really well priced homes or condominiums available.

So, if you would like to explore more of what the Estero real estate market has to offer, please contact us and we'd be happy to assist you.

*Sales Data from SWFL and Nabor MLS.

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About the Author

Gulf Coast Associates, RealtorsBenjamin 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



2 Responses to "Estero, Florida Real Estate: Mid Year 2010 Sales Report"

Steve in Mesa wrote:
Looking at your graph, it is impressive that your community's sales transactions have held up so well. Here in Mesa, we have seen quite a dip in home transactions. It makes it quite a buyers market at this moment.

Posted on Wednesday, September 8th, 2010 at 7:02pm.

Michelle wrote:
I cant believe this community’s sales have continued to rise like that. I guess it proves there is hope in this tough economy.

Posted on Wednesday, September 29th, 2010 at 2:39pm.



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