Bonita Springs FL Homes for Sale & Market Trends - February 2022

Bonita Springs FL Homes for Sale & Market Trends - February 2022

Looking for the most current information on homes for sale in Bonita Springs FL? This market report will give you a snapshot of what is happening right now in the Bonita Springs real estate market. You’ll see both short-term and long-term trends, so you can plan your next move accordingly. Whether you’re thinking of buying or selling, this report has the information you need to make informed decisions.

Key metrics we follow for the Bonita Springs Real Estate Market - February 2022

• Number of homes sold - Bonita Springs FL - Feb 2022
• Number of homes for sale (Listings) - Bonita Spring FL - Feb 2022
• Average days on market - Bonita Springs FL - Feb 2022
• Months of inventory - Bonita Springs - Feb 2022

Bonita Springs FL Home Sales by Month - February 2022

February home sales in Bonita Springs were down slightly compared to the previous month, January. Homes and condos sold in Bonita Springs were 247 for February 2022, a 2% decrease from the previous month (Jan 2022), when sales were 252. However, compared to one year ago, February 2022 home sales are down significantly. In February 2021, there were 407 home sales in Bonita Springs.

Bonita Springs FL Homes for Sale (Listings) by Month - February 2022

In terms of the number of homes for sale in Bonita Springs FL, the real estate market is following its normal seasonal pattern. The number of active listings coming on the market typically increases in the first quarter of the year in anticipation of the influx of people who normally visit the area during the winter months.

In February, the number of housing units on the market in Bonita Springs was 927, a 20 percent increase over the previous month (Jan 2022). Year over year, the number of listings on the market in February 2022 is 35 percent lower than it was in February 2021. Refer to the bar graph below to see both the short-term trend as well as the longer-term trend over the last year.

Bonita Springs FL Average Days on Market - February 2022

Homes for sale in Bonita Springs FL are selling quickly! The average number of days market in February was 18 days. That is 4 days more than the previous month of January 2022, when the average days on market was 14 in Bonita Springs. In the longer term, one year ago, the average days on market in Bonita Springs, FL was 66 days. This shows that the real estate market in Bonita Springs has changed dramatically in the past year. Homes are selling much faster than they were just a year ago. If you are thinking of buying a home in Bonita Springs, you must be prepared to act quickly.

Bonita Springs FL Months of Inventory by Month - Feb 2022

In February of 2022, there were 4 months of inventory on the market in Bonita Springs, Florida. This is one month more than in January of 2022 when the supply of homes listed for sale was at 3 months. In February of 2021, the inventory for homes and condos listed for sale was at 4 months. The average number of home sales per month has caused a decrease in inventory over the past year. Homes and condos listed for sale in Bonita Springs FL continue to sell quickly, however real estate Inventory in Bonita Springs FL increased over the past 3 months relative to the rate of average sales taking properties off the market. In December 2021 there was a 2-month supply of homes listed for sale in Marco Island and as of the end of February 2022, there is currently a 4-month supply of homes on the market.

Table of Real Estate Statistics - Bonita Springs - February 2022

Summary: Bonita Springs FL Real Estate Market Trends - February 2022

- Number of Sales in Bonita Springs FL - Feb 2022: 247, a 2 percent decrease from the previous month (Jan 2022). In the longer term, home sales were 407 one year ago (Feb 2021), a 39 percent decrease.

- Number of Homes for Sale in Bonita Springs FL - Feb 2022: 927, that’s 155 more homes listed for sale than the previous month (Dec 2021), an increase of 20 percent. In the longer term, the number of homes listed for sale in Bonita Springs FL was at 1,432, one year ago (Jan 2021). That is a decrease of 35 percent.

- Average Days on Market in Bonita Springs FL - Feb 2022: 18, that’s 4 days more than the previous month (Jan 2021), when the average days on market was 14. Looking back one year, the average number of days on market was 66 days.

- Months of Inventory in Bonita Springs - Feb 2022: 3 months of inventory in Feb 2022. That is an increase of one month of inventory over the previous month (Jan 2021), when there was a 3 months supply of homes listed for sale. The number of months of inventory in Bonita Springs was at 4 one year ago (Jan 2021).

The demand side of the equation continues to be very strong. The market favors sellers at this time. If you’re thinking about selling your home in Bonita Springs FL, now could be a good time to put your home on the market.

If you’re thinking about purchasing a vacation home in Bonita Springs FL, be aware that prices are at record highs and often are not supported by closed sale comparables. I hope this report has been helpful. If you have questions about the Bonita Springs FL real estate market or any other real estate market in the area, please contact us.

The information for Bonita Springs FL Homes for Sale & Real Estate Trends is provided by the Marco Island area association and Southwest Florida Multiple Listing Service (MLS). Information such as square foot median price date, the following property types, single-family, condos, median sale price, home values, new listings, Collier market compared to nearby markets and, average price, are intended as valuable educational programs and deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, decimals rounded and, may not be used for any purpose other than the identification of potential properties for purchase. Data courtesy and Copyright 2022 Southwest Florida Multiple Listing Service. All Rights Reserved.