Is Estero Island, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2021
Since last year, Estero Island has remained a Seller's Market.
Key Takeaway
Estero Island is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Estero Island, FL cost?
Median Sold Price
$667,600
$588/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2021
+$138,766(+26.2%)
Key Takeaway
Homes in Estero Island have sold for 26.2% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jun 2021 | Jun 2022 | % |
|---|---|---|---|
| 1 Bedroom | $299.5K | $384.5K | +28.4% |
| 2 Bedrooms | $485K | $621.5K | +28.1% |
| 3 Bedrooms | $630K | $875K | +38.9% |
| 4 Bedrooms | $725K | $1.2M | +66.9% |
| 5+ Bedrooms | $1.0M | $1.7M | +76.6% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Bonita Springs | +46.2% |
| Estero | +28.6% |
| Estero Island | +26.2% |
| Fort Myers Beach | +26.1% |
How many homes are available in Estero Island, FL?
Number of Homes For Sale
| May 2022 | Jun 2022 | % |
|---|---|---|
| 178 | 162 | -9.0% |
Homes For Sale By Bedroom Count
| # BEDS | May 2022 | Jun 2022 | % |
|---|---|---|---|
| 1 Bedroom | 25 | 23 | -8.0% |
| 2 Bedrooms | 80 | 76 | -5.0% |
| 3 Bedrooms | 49 | 43 | -12.2% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Number of Homes Sold
| May 2022 | Jun 2022 | % |
|---|---|---|
| 42 | 30 | -28.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Estero Island, you may be able to get a good deal. 43.3% of homes here sold below asking price last month.
Average Sale Time
| Jun 2021 | Jun 2022 | % |
|---|---|---|
| 40 Days | 21 Days | -47.5% |
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Estero Island are selling fast, if you're buying plan to act quickly.
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