Bonita Springs & Estero in SW Florida are now definitively in a Seller’s Market for real estate.
Inventory for properties for sale is really low and continues to decrease steadily.
Bonita Springs-Estero Association of Realtors (BEAR) just published interesting figures about the state of the real estate market.
- Inventory decreased 40% in July 2014 compared to same period in 2013.
- 60% decrease of inventory for single-family homes for the same period.
- Average sale price increased 7% for single-family homes.
- Average sale price for condos increased 5.6%.