From the Cheesehead

The following  chart represents the statistical information gathered from the MLS service offered through the Bonita Springs – Estero Association of Realtors. The information is deemed reliable but should be independently verified. The report does not include the Naples market which generally fea...

The following homes sales for the period beginning August 6th and ending November 2, 2013 have been reported for Wildcat Run located in beautiful Estero, Florida.  List Price   Close Price  Neighborhood Bed / Baths  Sq. Ft.  Built DOM  $ 175,000  $   140,000 VILLAGES  2 Bed / 2-1    1,720 1991 11...

For period August 6, 2013  through November 2, 2013 the following homes have been reported as closed sales in The West Bay Club located in Bonita Springs – Estero.  List Price   Close Price  Sub Condo Name Bed / Baths Sq. Ft. Built DOM  $    434,900  $    420,000 TURTLE POINT COVE 3+Den / 2-0 201...

The following transactions have been reported for the period of August 6th to November 2nd for Pelican Landing located in Bonita Springs, Florida.  List Price   Close Price  Neighborhood Bed / Baths Sq. Ft.  Built DOM  $      51,500  $      65,000 THE TIDES  1 Bed / 1-0 545 2005 61  $      69,900...

The following home sales have been reported for the period of August 6th to November 2nd in Pelican Sound located “west of the trail” in Estero, Florida.    List Price   Close Price  Neighborhood Bed / Baths Sq. Ft. Built DOM  $ 197,000  $     187,000 TURNBERRY  2 Bed / 2-0 1250 2000 140  $ 197,0...

For the time period from August 6th to November 2nd, the following transactions have been reported for homes in Spring Run At The Brooks.    List Price   Close Price  Bed / Baths  Sq. Ft.   Built DOM  $ 124,900  $   124,900 2 Bed / 2-0    1,246 2000 163  $ 149,900  $   140,000 2+Den / 2-0    1,55...

For period August 6, 2013  through November 2, 2013 the following homes have been reported as closed sales in Shadow Wood At the Brooks located in Bonita Springs – Estero.    List Price   Close Price  Neighborhood Bed / Baths  Sq. Ft.  Built DOM  $    235,000  $    225,000 PALMETTO RIDGE  2+Den  ...

The following homes were acquired during the period  of August 6th to November 2nd in The Colony at Pelican Landing.    List Price   Close Price  Neighborhood Beds / Baths Sq. Ft. Built DOM  $    419,000  $     390,000 NAVONA  3 Bed / 3-0 1910 2006 165  $    565,000  $     530,000 MERANO 3+Den / ...

The following transactions have been reported for Bonita Bay located in Bonita Springs, Florida.    List Price   Close Price  Neighborhood Beds / Baths  Sq. Ft.  Built DOM  $    239,000  $     222,500 GREENBRIAR 3 Bed / 2-0     1,458 1989 445  $    259,900  $     241,000 GREENBRIAR 3 Bed / 2-0   ...

The absorption rates for Shadow Wood At The Brooks have moved dramatically in the past 7 months. I have seen the supply of single family homes move to 7.3 months from 15.1; condominiums from 10.7 months to just 4.6; and the total supply of home drop from 13.6 month to 6.4.   In real numbers there...