BONITA SPRINGS - ESTERO MARKET REPORT - OCTOBER 2022
2016
2017
2018
2019
2020
2021
2022
Listed
4,702
4,541
4,795
4,622
4,666
4,051
3,743
Sold
2,836
2,967
3,046
3,122
3,433
4,823
3,275
$404,846
$414,158
$395,076
$415,934
$426,148
$536,885
$680,765
Avg. Sale $
SOLD
$
NEW LISTINGS
CLOSED SALES
AVERAGE SALES PRICE
CURRENT INVENTORY
MONTHS OF SUPPLY
3,743 7.60%
3,275 32.10%
$680,765 26.80%
419 114.87%
1.54 216.44%
12 MONTH NEW LISTING AND CLOSED SALES
12 MONTH AVERAGE SALES PRICE $700,000 $650,000
5,000
$600,000
4,000 $550,000
3,000
$500,000
2,000
$450,000
1,000 0
$400,000
2016
2017
2018
New Listings
2019 2020 2021 2022 Closed Sales
$350,000
2016
2017
2018
2019 2020 2021 2022
Average Sales Price
SUMMARY With 3,275 properties sold, sales were down 32.10% from the preceding 12-month period when 4,823 properties were sold. New listings were down 7.60%, from 4,051 to 3,743. The average sales price was up 26.80%, from $536,885 to $680,765. As of October 31, 2022, inventory stood at 419 units while months of supply was 1.54 months.
The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Copyright 2022, and the proprietary compilation of that data by John R. Wood Christie’s International Real Estate, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data.
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