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July 5, 2018
Bonita Springs and Estero Markets seeing Steady Summer Activity

Bonita Springs and Estero Markets seeing Steady Summer Activity

According to the Bonita Springs and Estero Market Realtors Media Committee, the Bonita Springs and Estero markets showed 300 price repositions in May 2018 which accounted for 20 percent of active listings.  The number of price repositions continue to support pended homes, as evidenced by the 8% increase in pending for May 2018, stated a member broker of the Media Committee. Members concurred that summer is an opportune time to sell because both summer buyers and sellers are very serious and highly motivated to get the deal done. Based on the buying history and the current market, Bonita Springs and Estero have become “ seasonless” markets. Additionally the desirability of the life style available here is evidence by the May 2018 report by Realtor.com for this area reported over 7.7 million  search result page views with an average of 130 views per active listing.

Lastly, area brokers urge area home and business owners to learn more about Amendment 2, which gives Florida voters a chance to avoid a major property tax increase on owners of commercial or rental property, vacation or second homes, unimproved real estate, or any other non-homestead property. Home and business owners in Bonita Springs and Estero are urged to learn more about Amendment 2 at (http://floridapolitics.com/archives/263732-taxwatch-property-tax-cap) and vote accordingly this November 2018.

To ensure your next real estate transaction in the Bonita Springs or Estero market is a success, contact a Downing Frye real estate professional by visiting downingfrye.com.  

 

Jerry Murphy, Managing Broker
Bonita Springs Office


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