Bonita Lakes Real Estate Report! July 2, 2022
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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.
23412 Sanabria Loop – PRICE REDUCTION -> PENDING SALE
- Built 2013
- 2572 sq ft
- Priced at $825,000 – $321 per sq ft
- On the market 29 days
- Initially priced at $850,000
23208 Sanabria Loop – PENDING SALE
- Preserve view
- Pool
- Built 2017
- 2628 sq ft
- Priced at $929,000 – $354 per sq ft
- On the market 60 days
23243 Sanabria Loop – PENDING SALE
- Corner lot
- Pool & spa
- Built 2017
- 2566 sq ft
- Priced at $869,000 – $339 per sq ft
- On the market 14 days
23132 Sanabria Loop – PENDING SALE -> SOLD
- Preserve view
- Three car garage
- Built 2014
- 2720 sq ft
- Priced at $899,000 – $331 per sq ft
- On the market four days
23136 Sanabria Loop – SOLD
- Preserve view
- Two-story pool home
- Three car garage
- Built 2015
- 3722 sq ft
- Priced at $1,280,000
- Sold for $1,175,000 – $316 per sq ft
- On the market six days
23188 Sanabria Loop – SOLD
- Preserve view
- Pool
- Three car garage
- Built 2016
- 2721 sq ft
- Priced at $1,050,000
- Sold for $1,220,000 – $448 per sq ft
- On the market three days
23372 Sanabria Loop – SOLD
- Two-story home
- Pool & spa
- Built 2014
- 3145 sq ft
- Priced at $889,000
- Sold for $889,000 – $283 per sq ft
- On the market two days
23432 Sanabria Loop – SOLD
- Pool
- Built 2013
- 2613 sq ft
- Priced at $769,000
- Sold for $760,000 – $291 per sq ft
- On the market 156 days
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.
It’s Still a Seller’s Market
The desire to live in Southwest Florida continues to fuel real estate sales. Inventory of homes “For Sale” has increased since early this year but there is still only a two month supply available! If you are considering buying or selling a 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 May Market Report. Here are a few interesting statistics and comments:
- May had the highest number of new listings than any May in the last three years
- Increasing inventory of homes for sale is providing more options for Buyers
- Inventory of homes has been rising since December but still far below the norm several years ago
- Still have less than two month supply of homes available
- Over 60% of home purchases were cash sales
May 2022 compared to May 2021:
For details, trends, and year-to-date Naples area market statistics click here. Highlights from the May 2022 market report compared to May 2021:
Categories | May 2021 | May 2022 | Change |
---|---|---|---|
Total showings (month/month) | 42,380 | 29,431 | -31% |
Total closed sales (month/month) | 1,654 | 1,249 | -24.5% |
Total pending sales (homes under contract) (month/month) | 1,710 | 1,084 | -36.3% |
Median closed price (month/month) | $433,500 | $608,000 | 40.3% |
New listings (month/month) | 1,299 | 1,403 | 8.0% |
Total active listings (inventory) | 1,290 | 2,046 | 58.6% |
Average days on market | 43 | 16 | -62.8% |
Single-family closed sales month/month) | 747 | 591 | -20.9% |
Single-family median closed price (month/month) | $595,000 | $815,000 | 37.0% |
Single-family inventory | 689 | 1,222 | 77.4% |
Condominium closed sales (month/month) | 907 | 658 | -27.5% |
Condominium median closed price (month/month) | $327,500 | $483,000 | 47.5% |
Condominium inventory | 601 | 824 | 37.1% |
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
- 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 the past eight years
- Brokers have 75+ years of broker experience
- Best agent training, technology and tools in the industry