Is Bonita Bay, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bonita Bay is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Bonita Bay has remained a Buyer's Market.

Key Takeaway

Bonita Bay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bonita Bay, FL

How much do homes in Bonita Bay, FL cost?

Median Sold Price

$2,090,000

$574/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$1,140,000(+120.0%)

Key Takeaway

Homes in Bonita Bay have sold for 120% more than they did a month ago.

Summary: The median home sold price in Bonita Bay was $2,090,000 in October 2024, up 120% from last month, and the median price per square foot was $574.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $664.7K-
N/A
3 $950K$1.3M
+38.9%
4 $2.1M$3.9M
+80.7%
5+ -$5.9M
N/A

Summary: Bonita Bay housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 38.9%, 4 bedroom homes increased by 80.7%, and 5+ bedroom homes did not change.

Housing Supply in Bonita Bay, FL

How many homes are available in Bonita Bay, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
111125+12.6%

Summary: The Bonita Bay real estate market had 125 homes for sale in October 2024, a 12.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2024
+20.0%
3 7077
+10.0%
4 1821
+16.7%
5+ 33
0.0%

Summary: The Bonita Bay housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bonita Bay, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Bonita Bay in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Bonita Bay, FL

How long does it take to sell a home in Bonita Bay, FL?

Average Sale Time

Sep 2024Oct 2024CHANGE
94 Days130 Days+39.0%

Summary: Homes in Bonita Bay had an average of 130 days on market in Oct 2024, up by 39% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Bonita Bay; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

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