As reported by the Realtor board of Bonita Springs Estero (BEAR) the month of February 2017 showed an increase in pending sales versus 2016. Overall pending sales of single family homes were up by2% but up by 16% in the $500k to $1million price segment. Additionally, homes in the $1 to $2 million price segment saw a 13 percent increase in pending sales versus this period as well. However days on market continues to increase for homes that are still not priced to the current market. The condominium market continues to be flat versus this time last year. High Open House activity bodes well for sellers whose homes are priced to today’s market.
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