Bonita Springs Real Estate Sales - January to June 2007

The mid year Bonita Springs real estate sales statistics for both homes and condominiums are listed below. Bonita Springs, known as the "Gateway to the Gulf" is one of Southwest Florida's fastest growing coastal cities. Lifestyle options are endless and its central location between Ft. Myers and Naples make it a most desirable destination. While its growth has been prolific, the city still has that small town charm with an exceptional quality of life.

Bonita Springs Home Sales Jan-Jun 2007:

• 280 Closed Sales
• Average Sales Price - $725,099
• Average Days on Market - 182
• Price/Sq. Foot - $273.25

Bonita Springs Condominium Sales Jan-Jun 2007:

• 267 Closed Sales
• Average Sales Price - $435,647
• Average Days on Market - 191
• Price/Sq. Foot - $232.05

In comparison with 2006 sales data, we've seen a 3% decrease in the average sales price for homes and a 9% decrease in the average price for condominiums. Average days on market rose by 36% for homes and 33% for condominiums.

Like most areas in Florida, Bonita Springs has an excess of inventory. The upside is that buyers have a wide variety of homes or condominiums from which to choose and in many of its most well known communities like Bonita Bay or The Brooks, properties are available at prices not seen since 2004.

So, if you would like to explore more of what the Bonita Springs Real Estate market has to offer, please contact us at Gulf Coast Associates and we'd be happy to assist you.

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