Bonita Lakes Real Estate Report! July 30, 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.
23056 Sanabria Loop – NEW LISTING
- Waterfront
- Three-car garage
- Built 2015
- 4567 sq ft
- Priced at $1,799,999 – $394 per sq ft
23208 Sanabria Loop – SOLD
- Preserve view
- Pool
- Built 2017
- 2628 sq ft
- Priced at $929,000
- Sold for $929,000 – $354 per sq ft
- On the market 60 days
23243 Sanabria Loop – SOLD
- Corner lot
- Pool & spa
- Built 2017
- 2566 sq ft
- Priced at $869,000
- Sold for $855,000 – $333 per sq ft
- On the market 14 days
23412 Sanabria Loop – SOLD
- Built 2013
- 2572 sq ft
- Priced at $825,000
- Sold for $815,000 – $317 per sq ft
- On the market 29 days
- Initially priced at $850,000
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 still less than a three 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 June Market Report. Here are a few interesting statistics and comments:
- Data shows signs of a return to pre-pandemic summer activity when market conditions were balanced
- International buyers are coming back to Florida
- Inventory of homes for sale continues to increase but still far below the level that was the norm several years ago
- Nearly 50% of the June inventory had a price reduction
- The frenzy of homes selling in several days and above list price is over
June 2022 compared to June 2021:
For details, trends, and year-to-date Naples area market statistics click here. Highlights from the June 2022 market report compared to June 2021:
| Categories | June 2021 | June 2022 | Change |
|---|---|---|---|
| Total showings (month/month) | 34,429 | 23,057 | -33% |
| Total closed sales (month/month) | 1,545 | 952 | -38.4% |
| Total pending sales (homes under contract) (month/month) | 1,256 | 794 | -36.8% |
| Median closed price (month/month) | $458,281 | $604,000 | 31.8% |
| New listings (month/month) | 1,170 | 1,169 | -0.1% |
| Total active listings (inventory) | 1,271 | 2,294 | 80.5% |
| Average days on market | 30 | 18 | -40.0% |
| Single-family closed sales month/month) | 755 | 438 | -42.0% |
| Single-family median closed price (month/month) | $615,000 | $750,000 | 22.0% |
| Single-family inventory | 784 | 1,435 | 83.0% |
| Condominium closed sales (month/month) | 790 | 514 | -34.9% |
| Condominium median closed price (month/month) | $339,050 | $497,500 | 46.7% |
| Condominium inventory | 487 | 859 | 76.4% |
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
