$2,601 Closing Credit*
$219,000
808 SqFt
2 Beds
•2 Full Baths
Omar Mejias, Listing Office: Marzucco Real Estate
Is Bonita Springs, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Bonita Springs was a Seller's Market.
Key Takeaway
Bonita Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bonita Springs, FL
How much do homes in Bonita Springs, FL cost?
Median Sold Price
$638,049
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$39,049(+6.5%)
Key Takeaway
Homes in Bonita Springs have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Bonita Springs was $638,049 in August 2024, up 6.5% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $257.7K | $313K | +21.5% |
| 2 Bedrooms | $439.5K | $450K | +2.4% |
| 3 Bedrooms | $669.3K | $699.7K | +4.5% |
| 4 Bedrooms | $953.9K | $992.5K | +4.0% |
| 5+ Bedrooms | $2.1M | $2.9M | +38.4% |
Summary: Bonita Springs housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.5%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 38.4%.
Median Sold Price Compared To Nearby Cities
| Bonita Springs | $599K | $638K | +6.5% |
| Estero | $520.2K | $549.7K | +5.7% |
| Immokalee | $550K | $559.2K | +1.7% |
| Estero Island | $709.2K | $710.5K | 0.2% |
Housing Supply in Bonita Springs, FL
How many homes are available in Bonita Springs, FL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 895 | 927 | +3.6% |
Summary: The Bonita Springs real estate market had 927 homes for sale in August 2024, a 3.6% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 38 | 39 | +2.6% |
| 2 Bedrooms | 282 | 268 | -5.0% |
| 3 Bedrooms | 411 | 443 | +7.8% |
| 4 Bedrooms | 136 | 145 | +6.6% |
| 5+ Bedrooms | 28 | 32 | +14.3% |
Summary: The Bonita Springs housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2.6%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 103 | 98 | -4.9% |
Asking Price vs. Sold Price
87 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bonita Springs, you may be able to get a good deal. 88.8% of homes here sold below asking price last month.
Summary: A total of 98 homes were sold or pending in Bonita Springs in August 2024, down by 4.9% month-over-month. Of the 98 sold homes, 89% were sold under asking, 9% were sold at asking, and 2% were sold over asking.
Days on Market for Bonita Springs, FL
How long does it take to sell a home in Bonita Springs, FL?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 55 Days | 74 Days | +35.8% |
Summary: Homes in Bonita Springs had an average of 74 days on market in Aug 2024, up by 35.8% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
38 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Bonita Springs are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During August 2024, 98 homes were sold in Bonita Springs; 27% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.
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