Is Estero, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Estero is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Estero has remained a Seller's Market.

Key Takeaway

Estero is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Estero, FL cost?

Median Sold Price

$450,000

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$89,000(+24.7%)

Key Takeaway

Homes in Estero have sold for 24.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $165K$243.5K
+47.6%
2 $274.9K$343K
+24.7%
3 $370K$500K
+35.1%
4 $552K$699K
+26.6%
5+ $547.5K$680.9K
+24.4%

Median Sold Price Compared To Nearby Cities

Bonita Springs
+41.2%
Immokalee
+35.3%
Estero Island
+30.0%
Lehigh Acres
+29.0%
Estero
+24.7%

How many homes are available in Estero, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
4749+4.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 10
-100.0%
2 1516
+6.7%
3 1821
+16.7%
4 77
0.0%
5+ 65
-16.7%

Number of Homes Sold

Oct 2022Nov 2022%
812+50.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Estero, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
22 Days26 Days+19.8%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Estero are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Estero, FL

Estero, FL has 49 homes on the market. The number of homes for sale in Estero, FL increased by 4.3% between October 2022 and November 2022. While the average time on the market in November 2022 was 26 days, the median list price was $450,000. This housing market listing prices have changed between October 2022 and November 2022: 1 bedroom properties prices increased by 47.6%, 2 bedrooms properties prices increased by 24.7%, 3 bedrooms properties became 35.1% more expensive, 4 bedrooms properties became 26.6% more expensive, the cost of 5 bedrooms properties went up by 24.4%. Volume of homes for sale changed: the quantity of 1 bedroom homes went down by 100%, 2 bedrooms homes became 6.7% more available, volume of 3 bedrooms homes went up by 16.7%, volume of 4 bedrooms homes stayed the same, number of 5 bedrooms homes decreased by 16.7%. While more than 2 listings in Estero, FL in November 2022 were sold above asking price, there were more than 2 listings sold at asking price, and more than 8 were sold below.

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