Wednesday, July 12, 2006

Bonita Real Estate Market - Single Family Homes

In the month of June '06 there were 44 single family homes sold with a median sales price of $492,000.

In Jume of 2005 there were 83 single family homes sold with a median sales price of $525,000.
Both sales volume and median price are down in June 2006 versus 2005.

Looking at the pending sales for Bonita Springs single family homes - there were as of June 30th - 81 homes with a median list price of $689,000. Estimated adjusted median list price to closed sales price is $659,000. These will close between 4 and 8 weeks from the date the sales contract was signed and are an indicator as to future closed sales prices.

The Bonita Springs area may have reached the bottom as far prices are concerned, however the volume of sales still remain down.

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