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February 26, 2018
January 2018 Pending   Home Sales up 13% in Bonita Springs Estero Market!

January 2018 Pending Home Sales up 13% in Bonita Springs Estero Market!

According to the Bonita Springs Estero Realtors Media Committee, The  overall  number of pending Homes  Sales have increased by 13 percent in January 2018 vs 2017. In addition closed sales in the same time comparison have also increase by 10 percent.

The report also stated that the market continues to follow a stable path in pricing and days on market. With the exception of the Luxury market all other price segments have seen a steady increase since December  2017  in appraisal activity. The Bonita Springs and Estero markets  are a viable and desirable option for buyers  perhaps more so than surrounding markets.

The increases in our local markets are the opposite of National and Regional activity.  The National Association of Realtors reported nationally existing home sales in January slumped  3.2  percent  from  December 2017 and regionally in the South a decrease 1.3 percent.

It’s a great time to buy and sell in the Bonita Springs Estero market.  To ensure your next real estate transaction is a success, contact a Downing Frye Real Estate Professional today!


Jerry Murphy

Managing Broker - Bonita Springs Office

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