Bonita Lakes Real Estate Report! April 5, 2022
Posted:
Bonita Lakes Real Estate Report
Home Sale Activities at Bonita Lakes
Recent real estate sale activities are listed below. You can click on the addresses for complete MLS information for each of these properties.
23255 Sanabria Loop – NEW LISTING
- Waterfront
- Pool & spa
- Built 2017
- 2572 sq ft
- Priced at $919,000 – $357 per sq ft
- On the market April 1, 2022
23188 Sanabria Loop – NEW LISTING -> PENDING SALE
- Pool
- Built 2016
- 2552 sq ft
- Priced at $1,050,000 – $386 per sq ft
- On the market three days
23432 Sanabria Loop – PRICE REDUCTION
- Pool
- Built 2013
- 2613 sq ft
- Now priced at $769,000 – $294 per sq ft
- Originally on the market November 1, 2021 listed at $949,000
23164 Sanabria Loop – SOLD
- Three car garage
- Built 2015
- 2722 sq ft
- Priced at $665,000
- Sold for $665,000 – $244 per sq ft
Please note: Source for above information is the Southwest Florida MLS, data made available at the time of the publication by MLS participating brokers. It is reliable but not guaranteed; it is to be used for informational purposes only, not as sales promotional material. Not all of the properties listed above were listed or sold by MVP Realty.
Seller’s Market
Inventory of homes “For Sale” continues to be less than one month supply! If you are considering selling your home, please contact me for a free market analysis.
Real Estate News
Naples Area Real Estate Market Report – Naples Area Board of REALTOR® (NABOR®) released the February Market Report. Here are some of the interesting comments and statistics:
- Low inventory & high demand continues to motivate Sellers
- 25% of homes that went under contract came back on the market versus the traditional 3-5%
- Making backup offers worth considering with the increase in the number of contracts being terminated
- Many new listings are under contract before appearing on the MLS
- Only 26 single-family homes on the market during February that were priced $300,000 and below
- Four months in a row that condominiums have sold for over 100% of list price
February 2022 compared to February 2021:
For details, trends, and year-to-date Naples area market statistics click here.
Highlights from the February 2022 market report compared to February 2021:
| Categories | February 2021 | February 2022 | Change |
|---|---|---|---|
| Total showings (month/month) | 59,803 | 43,032 | -28% |
| Total closed sales (month/month) | 1,330 | 804 | -39.5% |
| Total pending sales (homes under contract) (month/month) | 2,299 | 1,480 | -35.6% |
| Median closed price (month/month) | $400,000 | $550,000 | 37.5% |
| New listings (month/month) | 1,467 | 1,261 | -14.0% |
| Total active listings (inventory) | 2,224 | 1,176 | -47.1% |
| Average days on market | 73 | 23 | -68.5% |
| Single-family closed sales month/month) | 575 | 430 | -25.2% |
| Single-family median closed price (month/month) | $527,000 | $655,000 | 24.3% |
| Single-family inventory | 1,031 | 712 | -30.9% |
| Condominium closed sales (month/month) | 755 | 374 | -50.5% |
| Condominium median closed price (month/month) | $300,000 | $425,000 | 41.7% |
| Condominium inventory | 1,193 | 464 | -61.1% |
About Our Company
MVP Realty Associates, LLC – MVP Realty is a Naples based real estate company with agents and offices located throughout Florida:
- Exceeded $2.5 billion in home sales in 2021 and closed over 8,000 transactions
- One of the largest real estate companies in Florida
- Top 1% in total sales transactions and number of real estate agents
- The #2 real estate company in SWFL
- More than 20 offices across Florida
- Over 1,100 agents who will help market your property to prospective Buyers
- Fastest growing real estate company in Florida since established eight years ago
- Brokers have 75+ years of broker experience
- Best agent training, technology and tools in the industry
