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Market Update | Blog

Monday, January 21, 2019   /   by Hunter Habib

Market Update - January 2019

Greetings Neighbors and Happy New Year!

I hope you’ve been enjoying the chilly weather we’ve been fortunate enough to have over the last month.  While the temperatures have been cooling down, the Southwest Florida real estate market has been heating up a bit in January 2019.  We’re off to a great start with a very active season thus far, but how did the market fare overall in 2018? Let’s look at our year-end review.
Bonita Springs

During the period of January 2018 to December 2018, there were 559 single-family home active listings in Bonita Springs. The average number of single-family units sold per month was 85, with a total of 1,020 single-family units sold for the year. The average month’s supply of inventory for the year was 6.6 months.  The lion’s share of single-family units sold in 2018 were in the $200,000 to $500,000 price segments; these sales made up almost 70 percent of single-family units sold 2018.  For condo; ...

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  2019, real estate, market update

Wednesday, December 19, 2018   /   by Hunter Habib

Market Update: December 2018

Greetings Neighbors and Happy Holidays!

It’s hard to believe we are at the end of the year already! It sure went by fast, but if you did not get an opportunity to list your home for sale in 2018 and you’re thinking about waiting until January 2019, you may want to consider listing now.  Most homeowners believe that listing a home for sale during the holiday season is perhaps the most ineffective thing you can do, but listing during the holidays is actually a pretty good time to list! Here’s why…

We know that buyers are already here in the market and looking right now and buyers looking during the holidays are serious! They have made a commitment to visit open houses and look for the right home during a very busy time - only a serious buyer would do that… and if you’re selling, that can work to your advantage!  Additionally, there is not a lot of competition on the market right now, but come January 2019, we will see a flood of inv ...

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  2019, real estate, market update