Bonita Springs Real Estate Report! April 4, 2024
Posted:
Hawthorne Real Estate Report
Home Sale Activities at Hawthorne
Recent real estate sale activities are listed below. You can click on the addresses for complete MLS information for each of these properties.
26437 Lucky Stone Rd #102 – NEW LISTING
- Coach home
- Preserve view
- Built 2006
- 1747 sq ft
- Priced at $450,000 – $258 per sq ft
26490 Lucky Stone Rd #201 – NEW LISTING
- Coach home
- Waterfront
- Built 2009
- 2296 sq ft
- Priced at $525,000 – $229 per sq ft
26474 Doverstone St – NEW LISTING
- Single-family home
- Preserve view
- Built 2007
- 2046 sq ft
- Priced at $729,900 – $357 per sq ft
10332 Yorkstone Dr – NEW LISTING -> PRICE REDUCTION
- Single-family pool home
- Preserve view
- Built 2012
- 2548 sq ft
- Now priced at $929,000 – $365 per sq ft
- Initially on the market listed at $939,000
26425 Lucky Stone Rd #201 – PRICE REDUCTION
- Coach home
- Preserve view
- Built 2006
- 2296 sq ft
- Now priced at $509,000 – $222 per sq ft
- Initially on the market January 2024 listed at $515,000
26437 Lucky Stone Rd #201 – PRICE REDUCTION
- Coach home
- Preserve view
- Built 2006
- 2296 sq ft
- Now priced at $544,500 – $237 per sq ft
- Initially on the market January 2024 listed at $559,000
10372 Flat Stone Loop – TWO PRICE REDUCTIONS
- Single-family home
- Waterfront
- Pool & spa
- Built 2007
- 2000 sq ft
- Now priced at $660,000 – $330 per sq ft
- Initially on the market December 2023 listed at $723,500
26413 Lucky Stone Rd #202 – PRICE REDUCTION
- Coach home
- Preserve view
- Built 2006
- 2296 sq ft
- Now priced at $457,500 – $199 per sq ft
- Initially on the market May 2023 listed at $488,500
10234 Cobble Hill Rd – PENDING SALE
- Single-family home
- Corner lot
- Built 2006
- 1989 sq ft
- Priced at $674,900 – $339 per sq ft
- On the market 49 days
10311 Wishing Stone Ct – SOLD
- Single-family pool home
- Waterfront
- Built 2007
- 2046 sq ft
- Priced at $844,900
- Sold for $839,900 – $411 per sq ft
- Initially on the market November 2023 listed at $875,000
10364 Yorkstone Dr – SOLD
- Single-family home
- Preserve view
- Built 2013
- 2801sq ft
- Priced at $939,900
- Sold for $900,000 – $321 per sq ft
- Initially on the market October 2023 listed at $969,900
10304 Wishing Stone Ct – TERMINATED
- Single-family home
- Waterfront
- Built 2007
- 2434 sq ft
- Priced at $859,000 – $353 per sq ft
- Initially on the market April 2023 listed at $929,000
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.
Real Estate News
Bonita Springs-Estero Real Estate Market – Bonita Springs-Estero REALTORS® (BER®) released the February Local Market Update. This report describes year-to-year comparisons, year-to-date statistics, and sales price trends since 2007.
- Single-family home highlights comparing February 2024 to February 2023:
- New listings up 7.7%
- Closed sales down 8.8%
- Inventory of homes up 73.4%
- Months supply of inventory at 5.9 months, up 84.4%
- Condo highlights comparing February 2024 to February 2023
- New listings up 20.8%
- Closed sales up 3.2%
- Inventory of homes up 85.8%
- Months supply of inventory at 6.6 months, up 100%
For a more detailed analysis and trending, here is the Florida Realtors February Report.
Naples Area Real Estate Market – Naples Area Board of REALTORS® (NABOR®) released the February Market Report. Here are a few interesting observations:
- There were 2,264 price decreases reported in February as Sellers may be shifting from aspirational pricing to realistic market pricing
- Rising inventory brings Seller patience as Buyers spend more time waiting to find their right home
- Many Sellers are still struggling to accept their home may be overpriced
- Insurance rates and association fees are influencing home buying decisions as much as interest rates
For details, trends, and year-to-date Naples area market statistics, check out the Naples Area Market Report. It is important to note that these statistics can vary significantly for each community.
Video summary: February 2024 Market Report
Highlights from the February 2024 Market Report compared to February 2023:
| Categories | February 2023 | February 2024 | Change |
|---|---|---|---|
| Total showings (month/month) | 36,574 | 37,022 | 1% |
| Total closed sales (month/month) | 701 | 636 | -9.3% |
| Total pending sales (homes under contract) (month/month) | 1,231 | 1,167 | -5.2% |
| Median closed price (month/month) | $595,188 | $625,000 | 5.0% |
| New listings (month/month) | 1,336 | 1,668 | 24.9% |
| Total active listings (inventory) | 3,085 | 5,139 | 66.6% |
| Average days on market | 55 | 69 | 25.5% |
| Single-family closed sales month/month) | 373 | 315 | -15.5% |
| Single-family median closed price (month/month) | $720,000 | $834,000 | 15.8% |
| Single-family inventory | 1,805 | 2,525 | 39.9% |
| Condominium closed sales (month/month) | 328 | 321 | -2.1% |
| Condominium median closed price (month/month) | $491,500 | $502,000 | 2.1% |
| Condominium inventory | 1,280 | 2,614 | 104.2% |
About Our Company
MVP Realty Associates, LLC – MVP Realty is a Naples based real estate company with agents and offices located throughout Florida:
- More than $13 billion in home sales and over 36,000 closed transactions
- One of the largest real estate companies in Florida
- In the top 200 out of 106,548 brokerage firms in the United States for sales volume and number of transactions
- The #2 real estate company in SWFL
- More than 20 offices across Florida
- 1,300 agents who will help market your property to prospective Buyers
- Brokers have 80+ years of broker experience
- Best agent training, technology and tools in the industry
