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June 10, 2016 / griffithchris

Bonita Springs Estero Market Stats | May 2016

Inventory Grows & List Prices Drop

The Bonita Springs-Estero Florida real estate market has seen a little bit of inventory accumulate during the slow period.  As predicted in the May Newsletter, May and June usually indicate a slow down, post “season”. Home seller’s had really gotten brave with their list prices and pushed the market. Buyers pumped the brakes and decided to hold off on their purchases.
We’ve talked about absorption rates before and remind both home buyers and home sellers to pay close attention to those rates this summer …. Continue

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