From the Cheesehead

The following chart reflects the current market trends here in the Bonita Springs – Estero area . The data comes from the local Multiple Listing Service and doesn’t show sales that may have taken place without the benefit of a Realtor (never a good idea).   I would be happy to discuss the report ...

  I have modified the report from previous postings to conform to a norm of evaluating the Buyers and Sellers advantage. The Red now indicates a Buyer’s Advantage and the Green, a Seller’s Advantage. Yellow indicates a market in transition.  Because some of the price points did not have a sale re...

The following chart shows the current inventory of homes in Shadow Wood at the Brooks. I have color coded the “month’s of supply” to reflect the estimated tenor of the supply. Less than one year is “green”, over one year but less than two is “yellow” and over two years is “red”. As can be seen on...

The following homes were sold during the period in Shadow Wood. Additionally there are 13 homes currently pending a close. List Price Neighborhood Beds/Baths Living Area Year Built Selling Price        1,895,000 LAKE FOREST  4+Den / 4 (1) 4586 2006           1,800,000        1,195,000 GLEN LAKES ...

The inventory of homes for sale at the Colony has increased slightly and the “pending” sales have doubled since the last report. The absorption rate has remained static which s would seem to indicate a stabilization in the community. The overall trend in the Bonita Springs – Estero area however i...

The homes were sold in The Colony at Pelican Landing since the 1st of the year. Additionally there are 14 homes awaiting the satisfaction of contingencies and are pending a closing. List Price Selling Price Neighborhood Beds/Baths Living Area Year Built        2,499,000        2,150,000 TUSCANY I...

    The following homes have been reported as “Closed Sales” through Sunshine MLS for the period of October 1 thru October 31, 2012. Asking Price Selling Price Neighborhood Bedrooms /Baths Square Feet $334,900 $321,000 Cypress Hammock 2+Den /2 (1) 2060 265,000 250,000 Oak Hammock 3 / 2(0) 2040   ...

    The following homes have been reported as “Closed Sales” through Sunshine MLS for the period of October 1 thru October 31, 2012. Asking Price Selling Price Neighborhood Bedrooms /Baths Square Feet $949,000 $915,000 Treviso 3 +Den /3 (1) 3099 599,000 500,000 Sorrento 2 / 2(1) 1930 525,000 485,...

      The following homes have been reported as “Closed Sales” through Sunshine MLS for the period of October 1 thru October 31, 2012. List Price Selling Price Neighborhood Beds / Baths Living Area $1,990,000 $1,800,000 Spring Ridge 3 +Den / 3 (1) 4806 1,295,000 1,175,000 Vistas 3 +Den / 3 (1) 38...

    The following homes have been reported as “Closed Sales” through Sunshine MLS for the period of October 1 thru October 31, 2012. Asking Price Selling Price Neighborhood Bedrooms /Baths Square Feet $500,000 475,000 Caraway Lakes 3 +Den /2 (1) 2545 489,000 446,000 Stillwater Cay 3 +Den /2 (0) 2...