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 2022
At the same time last year, Bonita Springs was a Seller's Market.
Key Takeaway
Bonita Springs is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices
How much do homes in Bonita Springs, FL cost?
Median Sold Price
$512,000
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Key Takeaway
Homes in Bonita Springs have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in Bonita Springs was $512,000 in August 2023, up 13.4% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $384K | $246.5K | -35.8% |
| 2 Bedrooms | $410K | $400K | -2.4% |
| 3 Bedrooms | $550K | $567.5K | +3.2% |
| 4 Bedrooms | $655K | $772.5K | +17.9% |
| 5+ Bedrooms | $745K | $2.1M | +188.6% |
Summary: Bonita Springs housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 35.8%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 188.6%.
Median Sold Price Compared To Nearby Cities
| Bonita Springs | $451.3K | $512K | +13.4% |
| Immokalee | $430K | $477.5K | +11.0% |
| Estero | $428K | $464K | +8.4% |
| Estero Island | $697.8K | $680K | -2.6% |
Housing Supply
How many homes are available in Bonita Springs, FL?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 104 | 93 | -10.6% |
Summary: The Bonita Springs real estate market had 93 homes for sale in August 2023, a 10.6% decrease compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 36 | 28 | -22.2% |
| 3 Bedrooms | 48 | 44 | -8.3% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Bonita Springs housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 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. 100% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Bonita Springs in August 2023, down by 11.8% month-over-month. Of the 15 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market
How long does it take to sell a home in Bonita Springs, FL?
Average Sale Time
| Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|
| 16 Days | 59 Days | +264.4% |
Summary: Homes in Bonita Springs had an average of 59 days on market in Aug 2023, up by 264.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bonita Springs are selling fast, if you're buying plan to act quickly.
Summary: During August 2023, 15 homes were sold in Bonita Springs; 40% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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© 2023 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.