Bonita Springs Real Estate Report! February 6, 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.
26425 Lucky Stone Rd #201 – NEW LISTING
- Coach home
- Preserve view
- Built 2006
- 2296 sq ft
- Priced at $515,000 – $224 per sq ft
26437 Lucky Stone Rd #201 – NEW LISTING
- Coach home
- Preserve view
- Built 2006
- 2178 sq ft
- Priced at $559,000 – $257 per sq ft
26461 Lucky Stone Rd #202 – BACK ON THE MARKET & PRICE REDUCTION
- Coach home
- Preserve view
- Built 2009
- 2296 sq ft
- Now priced at $470,000 – $205 per sq ft
- Initially on the market October 2023 listed at $479,000
26407 Lucky Stone Rd #202 – PRICE REDUCTION
- Coach home
- Preserve view
- Built 2006
- 2296 sq ft
- Now priced at $475,000 – $207 per sq ft
- Initially on the market November 2023 listed at $487,000
26413 Lucky Stone Rd #202 – TERMINATED -> BACK ON THE MARKET
- Coach home
- Preserve view
- Built 2006
- 2296 sq ft
- Priced at $467,500 – $204 per sq ft
- Initially on the market May 2023 listed at $488,500
10240 Cobble Notch Loop 202 – PENDING SALE
- Coach home
- Preserve view
- Built 2013
- 2095 sq ft
- Priced at $475,000 – $227 per sq ft
- On the market seven days
10364 Yorkstone Dr – PENDING SALE
- Single-family home
- Preserve view
- Built 2013
- 2801 sq ft
- Priced at $939,900 – $336 per sq ft
- On the market 94 days
- Initially listed at $969,900
26510 Lucky Stone Rd #101 – PENDING SALE
- Coach home
- Waterfront
- Built 2010
- 1644 sq ft
- Priced at $474,990 – $289 per sq ft
- On the market 39 days
26484 Lucky Stone Rd #102 – SOLD
- Coach home
- Waterfront
- Built 2009
- 1644 sq ft
- Priced at $450,000
- Sold for $420,000 – $255 per sq ft
- Initially on the market June 2023 listed at $499,000
26462 Lucky Stone Rd #102 – SOLD
- Coach home
- Waterfront
- Built 2007
- 2615 sq ft
- Priced at $499,000
- Sold for $495,000 – $283 per sq ft
- On the market 16 days
10256 Cobble Notch Loop #101 – SOLD
- Coach home
- Preserve view
- Built 2014
- 1769 sq ft
- Priced at $460,000
- Sold for $460,000 – $260 per sq ft
- On the market 56 days
10311 Wishing Stone Ct – WITHDRAWN -> BACK ON THE MARKET & PRICE REDUCTION
- Single-family pool home
- Waterfront view
- Built 2007
- 2046 sq ft
- Now priced at $844,900 – $413 per sq ft
- Initially on the market November 2023
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 December Local Market Update. This report describes year-to-year comparisons, year-to-date statistics, and sales price trends since 2007. For a more detailed analysis, here is the Florida Realtors December Report.
In 2023, residential real estate inventory increased 75% from 2022, according to data from Southwest Florida MLS. Median sales prices increased by $35,000, while buyers received an average of 96% of their listing price, a 3% decrease from 2022. Pending sales decreased by 10%, and closed sales decreased by 9%.
Naples Area Real Estate Market – Naples Area Board of REALTORS® (NABOR®) released the December Market Report. Here are a few interesting observations:
- Overall inventory of homes increased 38.8% to 3,795 from a year earlier
- 1,080 price reductions occurred in November, the highest in six months
- November was one of four months this year reporting decrease in median closed prices
- Builders reporting much slower fall sales with budgets lagging 25% and contract cancellations at 20%
- Pending home sales down 13.8% from November 2022
- Closed sales dropped 6.1% from a year ago
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:December 2023 Market Report
Naples Area 2023 Year-End Five Year Trending Comparison: Conference Presentation
Highlights from the December 2023 Market Report compared to December 2022:
| Categories | December 2022 | December 2023 | Change |
|---|---|---|---|
| Total showings (month/month) | 19,227 | 18,269 | -5% |
| Total closed sales (month/month) | 656 | 551 | -16.0% |
| Total pending sales (homes under contract) (month/month) | 682 | 583 | -14.5% |
| Median closed price (month/month) | $575,000 | $631.000 | 9.7% |
| New listings (month/month) | 796 | 892 | 12.1% |
| Total active listings (inventory) | 2,706 | 3,949 | 45.9% |
| Average days on market | 49 | 59 | 20.4% |
| Single-family closed sales month/month) | 344 | 300 | -12.8% |
| Single-family median closed price (month/month) | $730,000 | $750,000 | 2.7% |
| Single-family inventory | 1,640 | 2,044 | 24.6% |
| Condominium closed sales (month/month) | 312 | 251 | -19.6% |
| Condominium median closed price (month/month) | $459,500 | $525,000 | 14.3% |
| Condominium inventory | 1,066 | 1,905 | 78.7% |
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
- 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
