$4,156 Closing Credit*
$350,000
1,649 SqFt
2 Beds
•2 Full Baths
Lauren Apicella, Listing Office: EXP Realty LLC
Is Bonita Springs, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Bonita Springs was a Seller's Market.
Key Takeaway
Bonita Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bonita Springs, FL
How much do homes in Bonita Springs, FL cost?
Median Sold Price
$633,070
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,277(+5.4%)
Key Takeaway
Homes in Bonita Springs have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Bonita Springs was $633,070 in October 2024, up 5.4% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $257.7K | $316.5K | +22.8% |
| 2 Bedrooms | $443K | $438.6K | -1.0% |
| 3 Bedrooms | $669.6K | $701K | +4.7% |
| 4 Bedrooms | $940K | $975K | +3.7% |
| 5+ Bedrooms | $2.1M | $2.9M | +38.4% |
Summary: Bonita Springs housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.8%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 38.4%.
Median Sold Price Compared To Nearby Cities
| Bonita Springs | $600.7K | $633K | +5.4% |
| Estero | $527.7K | $549.9K | +4.2% |
| Immokalee | $547.6K | $561K | +2.4% |
| Estero Island | $716.8K | $685K | -4.4% |
Housing Supply in Bonita Springs, FL
How many homes are available in Bonita Springs, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 940 | 1,039 | +10.5% |
Summary: The Bonita Springs real estate market had 1,039 homes for sale in October 2024, a 10.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 36 | 45 | +25.0% |
| 2 Bedrooms | 285 | 319 | +11.9% |
| 3 Bedrooms | 441 | 487 | +10.4% |
| 4 Bedrooms | 147 | 157 | +6.8% |
| 5+ Bedrooms | 31 | 31 | 0.0% |
Summary: The Bonita Springs housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 86 | +24.6% |
Asking Price vs. Sold Price
82 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bonita Springs, you may be able to get a good deal. 95.3% of homes here sold below asking price last month.
Summary: A total of 86 homes were sold or pending in Bonita Springs in October 2024, up by 24.6% month-over-month. Of the 86 sold homes, 95% were sold under asking, 5% were sold at asking, and 0% were sold over asking.
Days on Market for Bonita Springs, FL
How long does it take to sell a home in Bonita Springs, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 88 Days | +25.2% |
Summary: Homes in Bonita Springs had an average of 88 days on market in Oct 2024, up by 25.2% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
29 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bonita Springs are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 86 homes were sold in Bonita Springs; 35% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.
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