Bonita Springs Real Estate Report! February 28, 2023
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.
10248 Cobble Notch Loop #202 – NEW LISTING
- Coach home
- Preserve view
- Built 2013
- 2095 sq ft
- Priced at $489,000 – $233 per sq ft
10320 Flat Stone Loop – NEW LISTING->PENDING SALE
- Single-family pool home
- Waterfront
- Built 2010
- 1660 sq ft
- Priced at $585,000 – $352 per sq ft
- On the market two days
26461 Lucky Stone Rd #201 – NEW LISTING->PENDING SALE
- Coach home
- Preserve view
- Built 2009
- 2296 sq ft
- Priced at $492,000 – $214 per sq ft
- On the market 12 days
26430 Lucky Stone Rd #201 – NEW LISTING
- Coach home
- Waterfront
- Built 2006
- 2296 sq ft
- Priced at $529,000 – $230 per sq ft
26460 Doverstone St – BACK ON THE MARKET ->PRICE REDUCTION ->PENDING SALE
- Single-family home
- Preserve view
- Built 2007
- 2153 sq ft
- Now Priced at $699,995 – $325 per sq ft
- On the market 24 days
- Initially listed at $715,000 on January 27, 2023
10384 Yorkstone Dr – PENDING SALE->WITHDRAWN FROM MARKET
- Single-family home
- Preserve view
- Pool & spa
- Three car garage
- Built 2013
- 2554 sq ft
- Priced at $935,000 – $366 per sq ft
- On the market 21 days
10393 Flat Stone Loop – WITHDRAWN FROM MARKET
- Two-story home
- Waterfront
- Built 2007
- 2620 sq ft
- Priced at $725,000 – $277 per sq ft
- On the market 285 days
- Initially listed at $795,000 on May 11, 2022
26425 Lucky Stone Rd #201 – BACK ON THE MARKET
- Coach home
- Preserve view
- Built 2006
- 2296 sq ft
- Priced at $519,000 – $226 per sq ft
- On the market122 days
- Initially listed at $489,000 on March 18, 2022
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 REALTOR® (BER®) released the January Market Report. Here are a few interesting observations:
- Number of sales transactions have leveled off the past seven months
- Cash sales have been increasing each month
- Single-family home median sales prices have been trending downward the past year
- Median percent of origin list price has averaged around 96% the past six months
- Number of sales closed during the month has been trending downward for nearly a year
- Days to contract and close is have been increasing the past year
- Number of properties going on the market each month have doubled in the past four months
For detail, trends, and year-to-date Bonita Springs-Estero market statistics, check out the Bonita Springs-Estero Market Report. It is important to note that these statistics can vary significantly for each community.
Naples Area Real Estate Market – Naples Area Board of REALTOR® (NABOR®) released the January Market Report. Here are a few interesting observations:
- Many new listings created a spike in the inventory for the month
- Median closed price has been holding fairly steady the past year
- Number of homes closed in January decreased over 33% from a year ago
- January showings almost doubled the number in December
- Overall inventory increased 74% from December 2022
- There were 1,092 price reductions reported for the month to stimulate sales
- Days on market have been trending upward for the past eight months, reaching 55 for January
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: January 2023 Market Report
Highlights from the January 2023 Market Report compared to January 2022:
| Categories | January 2022 | January 2023 | Change |
|---|---|---|---|
| Total showings (month/month) | 44,741 | 35,975 | -20.0% |
| Total closed sales (month/month) | 839 | 555 | -33.8% |
| Total pending sales (homes under contract) (month/month) | 1,373 | 1,092 | -20.5% |
| Median closed price (month/month) | $540,000 | $600,000 | 11.1% |
| New listings (month/month) | 1,297 | 1,338 | 3.2% |
| Total active listings (inventory) | 1,212 | 2,699 | 122.7% |
| Average days on market | 24 | 54 | 125% |
| Single-family closed sales month/month) | 406 | 275 | -32.3% |
| Single-family median closed price (month/month) | $674,378 | $715,000 | 6.0% |
| Single-family inventory | 739 | 1,596 | 116.0% |
| Condominium closed sales (month/month) | 433 | 280 | -35.3% |
| Condominium median closed price (month/month) | $425,000 | $482,500 | 13.5% |
| Condominium inventory | 473 | 1,103 | 133.2% |
About Our Company
MVP Realty Associates, LLC – MVP Realty is a Naples based real estate company with agents and offices located throughout Florida:
- $2.429 billion in home sales and 6,329 closed transactions in 2022
- 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 1,200 agents who will help market your property to prospective Buyers
- Fastest growing real estate company in Florida the past ten years
- Brokers have 80+ years of broker experience
- Best agent training, technology and tools in the industry
