Bonita Springs Real Estate! June 28, 2020

Bonita Springs Real Estate Report!

• Coach home,
• Waterfront
• Built 2006
• 1644 sq ft
• Priced at $265,000 – $161 per sq ft

• Coach home
• Preserve view
• Built 2013
• 2095 sq ft
• Priced at $305,499 – $146 per sq ft

• Single family home
• Preserve view
• Pool & spa
• Built 2013
• 2032 sq ft
• Now priced at $417,900 – $206 per sq ft
• On the market May 2020 listed at $418,900

• Single-family pool home
• Preserve view
• Built 2012
• 2153 sq ft
• Now priced at $499,000 – $232 per sq ft
• On the market March 2020 listed at $509,000

• Single-family home
• Waterfront view
• Built 2007
• 2434 sq ft
• Now priced at $464,900 – $191 per sq ft
• On the market November 2019 listed at $499,000

• Single-family home
• Preserve view
• Pool & spa
• Built 2011
• 2564 sq ft
• Priced at $489,900 – $191 per sq ft

• Single-family pool home
• Waterfront
• Built 2008
• 1638 sq ft
• Priced at $399,900 – $244 per sq ft
• Originally on the market October 2018 listed at $409,000

• Single-family pool home
• Preserve view
• Built 2013
• 1909 sq ft
• Priced at $409,900 – $215 per sq ft
• On the market April 2019 listed at $419,900

• Single-family pool home
• Built 2010
• 1818 sq ft
• Priced at $364,500
• Sold for $356,500 – $196 per sq ft
• On the market March 2020

• Two-story home
• Waterfront view
• Built 2006
• 2984 sq ft
• Priced at $365,000
• Sold for $350,000 – $117 per sq ft
• Originally on the market November 2016 listed at $465,000

• Single-family home
• Waterfront view
• Built 2009
• 1807 sq ft
• Priced at $343,500 – $190 per sq ft

• Single-family home
• Built 2007
• 2046 sq ft
• Priced at $339,500 – $165 per sq ft
• On the market December 2019 listed at $349,500

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.

Here is how we are doing it – During these challenging times there are still people who need to buy or sell a home. Our priority is to keep homeowners, the public, and real estate professionals connected and safe:

• Click here to see example of our NEW Property Tour Video!
  • Flyover of the community
  • Walk-through visualization of the home
• Online meetings & presentations
• Virtual home tours
• E-signature document signing & notorization
• Drive-by appraisals
• Eliminating in-home meetings
• Minimizing in-person showings
• Following all CDC and local health & safety protocols
• New COVID-19 contract documents to protect Buyers & Sellers

Naples Area Real Estate Market Report – Naples Area Board of REALTOR® (NABOR®) released the May Market Report stating Realtors kept busy in May as pent-up demand for home buying resulted in a remarkable spike in buyer interest.  As a result, showings in May increased 244% compared to April.  Plus pending sales in May increased 90% compared to the prior month as prices held stable.

May 2020 compared to May 2019:

For details, trends, and year-to-date Naples area market statistics click here. Highlights from the May statistics are captured in the chart below:

Categories	May 2019	May 2020	Change
Total closed sales	1,188	599	-49.6%
Total pending sales	1,218	1,167	-4.2%
Median closed price	$354,450	$333,000	-6.1%
Total active listings	7,023	5,116	-27.2%
Average days on market	107	91	-15.0%
Single-family closed sales	595	314	-47.2%
Single-family median closed price	$410,000	$425,000	3.7%
Single-family inventory	3,608	2,461	-31.8%
Condominium closed sales	593	285	-51.9%
Condominium median closed price	$270,000	$260,000	-3.7%
Condominium inventory	3,415	2,655	-22.3%

MVP Realty Associates, LLC – MVP Realty is a Naples based real estate company with agents and offices located throughout Florida:

• Over $1.2 billion in annual home sales
• One of the top real estate offices in SW FL – #2 out of 1800+ in transaction volume
• 20+ offices throughout the state
• 750+ agents to market all MVP listings
• Fastest growing real estate company in Florida the past six years
• Brokers have 60+ years of broker experience
• Best agent training, technology and tools in the industry