The mid year 2010 Bonita Springs real estate market statistics for both home and condominium sales are listed below. Bonita Springs, known as the “Gateway to the Gulf,” is one of Southwest Florida’s fastest growing coastal cities. Lifestyle options are endless and its central location between Ft. Myers and Naples make it a most desirable destination in which to live.
Bonita Springs Real Estate Sales Data
Bonita Springs Home Sales Mid Year 2010*:
- 442 Closed Sales (312 in 2009)
- Average Sales Price – $419,018
- Median Sales Price – $260,000
- Average Days on Market – 165
- Average Sales Price/Square Foot – $166.15
- The list to sales price average was 90.08%.
Continue Reading Bonita Springs, Florida Real Estate: Mid Year 2010 Sales Report
In this type of market, we have all been there; a property under contract appraises for less than the purchase amount and the sale falls apart. Unfortunately, more often than you might think, it is not solely the appraisers fault. Many times the fault lies with the mortgage lender. And, believe it or not, the practice of lenders cutting value off the appraisal has been going on for years. It’s just that during a normal market times, the practice isn’t as noticeable as it is today.
The following are excerpts from the 2009 Florida Home Buyer and Seller Profile Report released by NAR. A review of the data gives some intriguing and interesting information to real estate professionals and provides many valuable insights into who their potential clients are and what motivates them to buy a home. Having this information is more important than ever in order to understand the changing demands of consumers in today’s dynamic marketplace.
