Skip to content

Naples, Bonita Springs, Marco Island, and Sanibel/Captiva | 239-285-1086

Bonita Springs – Estero Realtors

Skip to main contentSkip to toolbar About WordPress David Critzer 63 Plugin Updates, 3 Theme Updates 00 comments awaiting moderation New SEOEnter a focus keyphrase to calculate the SEO score Managed WordPress UpdraftPlus Howdy, davidflorida Log Out Help Screen Options Add New Post Enter title here Bonita Springs - Estero Realtors Permalink: ‎Edit  Add Media   Add Contact Form VisualText Paragraph    P » STRONG Word count: 856 Draft saved at 12:16:39 pm. Toggle panel: Publish Preview (opens in a new tab)  Status: Draft Edit Edit status  Visibility: Public Edit Edit visibility  Publish immediately Edit Edit date and time SEO: Not available Move to Trash Toggle panel: Categories All Categories Most Used  Buying a Home  Decorating  General Interest  Lifestyle  Beaches  Entertainment  Food & Dining  Golf  Health  Retirement  Local Interest  Market Conditions  Mortgages  New Construction  Real Estate Investment  Selling Your Home  Uncategorized  Weather + Add New Category Toggle panel: Featured Image Set featured image  Toggle panel: Tags Toggle panel: Format Toggle panel: Yoast SEO  Need help? Go Premium(Opens in a new browser tab) Content optimization Enter a focus keyphrase to calculate the SEO score Social Advanced  Snippet Preview SEO title preview: Bonita Springs - Estero Realtors | David Critzer Url › bonita-springs-estero-realtors Meta description preview: Please provide a meta description by editing the snippet below. If you don’t, Google will try to find a relevant part of your post to show in the search results. Mobile previewDesktop previewEdit snippet  Focus keyphrase Enter a focus keyphrase to calculate the SEO score  Add related keyphrase  Cornerstone content Toggle panel: Sharing   Show sharing buttons. Thank you for creating with WordPress. Version 5.1.1 Close media panel Add Media Filter by typeFilter by dateSearch Media Search media items... ATTACHMENT DETAILS  Bonita-Springs-Estero-Realtors.jpg August 29, 2018 17 KB 200 by 200 pixels Edit Image Delete Permanently URL Title Bonita-Springs-Estero-Realtors Caption Alt Text Bonita Springs Estero REALTORS logo Description ATTACHMENT DISPLAY SETTINGS Alignment Link To Size 1 selected Clear  Insert into postFOR IMMEDIATE RELEASE

Resale Values Continue to Rise Despite Increased Competition from New Construction

BONITA SPRINGS, Florida | May 3, 2019 – New construction communities in Estero and Bonita Springs are sprouting up like weeds overnight. In previous years, a main focal point when buying real estate in Southwest Florida was being within a mile or two of the beaches. “Location, Location, Location” is what this is most commonly referred to in the industry, as the resale value on a beach-centric home is increasingly larger than one beyond the sights of the shoreline. Although the resale value of a home is top priority to a buyer when making a purchase, it is not the only consideration. Agents in the SWFL market are finding that buyers are looking towards new construction communities more now than before as homes near the beach do not offer the same rich amenities and square footage at the same price point.

According to the Bonita Springs-Estero REALTORS® (B.E.R.) Media Committee, with reporting from the SWFLAMLS, year-to-date sales in new construction, pre-construction and under construction homes have increased 29.2% compared to this time last year. Consumers are reminded, if interested in new construction, always engage a REALTOR® from start to finish in order to assist in price negotiations, selecting the right lot and upgrades for future resale value.

Besides being able to purchase more home for the same dollar amount and living in new construction, buyers are migrating away from the beach because of the evolving community that is now the Village of Estero. Over the last decade, there has been tremendous growth in the Estero area, from the expansion of Florida Gulf Coast University (FGCU) to the migration of Hertz Global Headquarters. This alone, along with the opening of many new businesses, has brought more attention to Estero, therefore pushing for the need to build more homes. According to the Village of Estero website, there has been a 23% increase in households from 2014-2019. In layman’s terms, a large influx of people are deciding to make Estero their permanent residence. In addition to this, the average age of residents is decreasing, making Estero more desirable for families and working professionals.

When deciding where to purchase a new home, Estero is becoming more desirable for many reasons, but one that is critically important to families with young children is the ability to attend Estero schools when residing in the town. Thanks to the Estero Education Initiative, families living in Estero now have priority when choosing a school for their children to attend. Nick Batos, former Mayor of Estero and Councilman, states that “The Village of Estero has entered into a public private partnership agreement with Lee County Schools, serving the Estero students to augment and improve the educational opportunities offered to the students. This initiative will allow for additional educational, recreational and aesthetic experiences for our students while at the same time making Estero even more attractive and desirable for students, residents and business alike.” This creates a huge incentive for those considering the move to Estero as the rest of Lee County does not have priority over their school of choice.

Although the new construction market is an option, the resale market is still on an upturn compared to this time last year. Pending sales showed an increase of 9% from March 2018 as well as a 6.5% increase in new listings coming on the market. “Based on current market conditions, it appears that our REALTOR® members will have a busy summer” remarks B.E.R. CEO, Meighan Harris.

The Bonita Springs-Estero REALTORS® March 2019 Report shows these overall findings for both single-family homes and condominiums combined.

Month over Month Month over Month
March 2018 March 2019 % Change
New Listings 426 458 7.50%
Pending Listings 422 459 8.80%
Closed Listings 347 313 -9.80%
Median Closed Price $296,415 $299,560 1.10%
Average Days on Market 54 65 20.40%
12-Month Ending 12-Month Ending
March 2018 March 2019 % Change
New Listings 3.543 4,926 39%
Pending Listings 3,065 3,238 5.60%
Closed Listings 3,015 3,182 5.50%
Median Closed Price $291,000 $297,500 2.20%
Average Days on Market 62 60 -3.20%
*Current Active Listings 1,857
*Current Avg. Month’s Supply 7.6

To ensure your next real estate transaction in the Bonita Springs or Estero market is a success, contact a B.E.R. member by visiting

Attributions given by B.E.R. Media Committee members Ursula Weinkauff, Joseph Pavich Sr., Angela Parker, Chris Maccarone, Becky Jaarda, Michael Fagan and Julie Ross.

*Inventory calculations are based on property listings that exist within the Southwest Florida MLS. Only properties in zip codes 33928, 34134 and 34135 are included. Single-family homes are tabulated with the building design of single family, villa detached or manufactured with land conveyed. Condo units are tabulated with a building design of low-rise, mid-rise, high-rise or villa attached.

The Bonita Springs-Estero REALTORS® Multiple Listing Service (MLS) syndicates to LISTHUB, which distributes to 2,000+ real estate search websites.

Founded in 1966, the Bonita Springs-Estero REALTORS® is a local trade organization of over 950 REALTORS® and more than 150 affiliated industry members. Bonita Springs-Estero REALTORS® is part of the National Association of REALTORS® and Florida REALTORS® and provides its members with a wide range of services designed to educate and empower members and consumers alike through the opportunity to sell or purchase real property. It also provides the public with up-to-the-minute real estate reports, trends and information about the Bonita Springs and Estero real estate market.


Released by Bonita Springs-Estero REALTORS®

Published inBuying a HomeNew ConstructionReal Estate InvestmentSelling Your Home
Copyright © 2012-2023 David Critzer, REALTOR®. All rights reserved.
Webmaster: Patricia Gill