Bonita Springs Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Nov. 12, 2019

Top 5 Amenities luxury buyers want in 2019

Each year brings unexpected twists to many real estate markets — including new spins on what consumers want when buying in the luxury market. Owning a luxury home means enjoying the finer things in life, whether understated or flashy.

Today’s luxury buyer is looking for new technology mixed in with some upgraded features. Here are five amenities high-end buyers will pay top dollar for.

1. Smart-home tech and automation

Buyers today are looking for the same smart technology they have on their mobile devises and in their cars. They expect the best when it comes to technology in their homes, with the ability to control everything from temperature and lighting to entertainment and security — all from one device at the press of a button or a voice command.

Why would they settle for a run-of-the-mill media room when they can have a dedicated home theater designed to their specifications that creates the perfect environment for movie lovers?

Today’s technology makes it easy to create a theater environment complete with surround sound and 4K visuals, plus no dealing with lines or crowds.

Homeowners can also control interior lighting in every room of the home and decide how much natural light they want to bring in with motorized shades

2. Custom features: new meets recycled

A trend we’re seeing a lot in Houston is mixing old with new. Builders are incorporating reclaimed brick and wood to offer homeowners flooring, beams or brick features. These features become beautiful focal points and interesting conversation topics.

Builders and owners are looking for ways to set their properties apart from other homes. Whether importing stone or marble from a distant locale, incorporating reclaimed materials or hiring local craftsmen to create spectacular ceilings and walls, owners leave no detail to chance.

Buyers want architectural elements they can share with others.

3. Show-stopping kitchens

The kitchen has become the modern-day hearth and a must for luxury buyers. After all, the kitchen is often the heart of any home. Luxury homebuyers focus on cabinetry, chef-grade commercial appliances and design.

It doesn’t matter if buyers prefer a sleek or classic country look, today’s kitchen is integrated into other living spaces for entertaining, and it has become a staple in most designs. The open floor plan is great for entertaining, however, it can create challenges as cooking can be a messy business.

So, builders have incorporated secondary kitchens also known as “dirty kitchens” or “catering kitchens” when laying out plans for a luxury home.

Who wants a dirty kitchen when entertaining, or for that matter, ever. These second kitchens are typically located next to the designer version, making them easy to use without sacrificing perfection

Lastly, a kitchen without integrated technology from the ground up is now just another room. Today’s luxury kitchens incorporate refrigerators that alert you when groceries are needed and coffee makers that can be programmed to have owners’ coffee fix ready when they are.

4. Luxury outdoor retreats

More and more buyers are looking to incorporate resort-style luxuries into their homes; after all, when you’re used to the best of the best when traveling, why not bring those luxuries home?

High-end buyers desire luxurious resort-style pools and gourmet kitchens to unwind in after a long day.

Luckily homeowners in Bonita Springs can entertain and enjoy alfresco dining and lounging long after the rest of the country has packed their outdoor furniture away for the winter.

Taking advantage of the mild temperatures, many homes are engineered so indoor spaces such as the living and dining rooms open into courtyards as well as the covered open-air veranda, lanai and terrace

5. Collection garages

Garage space matters, and large garages have become a staple in luxury construction. These extravagant amenities offer homeowners lavishness from the moment they pull into their garages.

If homebuyers want to create a showroom for their car collection or incorporate a man-cave into their home, there are really no limits on what can be done.

The one thing you can guarantee is that luxury homebuyers are looking at all the finer things, indoors and outdoors, and an excellent agent knows just how to find, or create, what his or her luxe buyers desire.

Article: Shari Mattern
Posted in General Real Estate
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Nov. 4, 2019

Bonita Springs FL - Market Activity x Week - (10/27 - 11/02)

Posted in Market Trends
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Oct. 13, 2019

Bonita Springs FL - Market Activity x Week - (10/6 - 10/12)

Bonita Springs, FL real estate market activity (10/5 - 10/13)

The image above shows Bonita Springs, FL real estate market activity for the past week (10/6 - 10/12). 

Active - 50 properties came on the market.  

Pending - 36 properties went under contract. 

Sold - 20 properties closed.

Graph - Bonita Springs FL - Market Activity x Week - (10/6 - 10/13)

Some people think the summer months are not a good time to list their property for sale.  However, the numbers show a totally different story.  The fact is, that the summer months are a very good time to get your property on the market and get it sold.

The number one reason why most properties don't sell is due to over-pricing.  For the most part, sales are driven by correct pricing (market value) and not by season.  A property will not sell if it isn't on the market.  A property that is well priced, will be recognized as such and sell.

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

Posted in Market Trends
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Oct. 13, 2019

Bonita Springs FL - Real Estate Market Report - September 2019

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Posted in Market Trends
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Oct. 10, 2019

Bonita Springs FL - Market Activity x Week - (9/29 - 10/5)

Bonita Springs, FL real estate market activity (9/29 - 10/5)

The image above shows Bonita Springs, FL real estate market activity for the past week (9/29 - 10/5). 

Active - 69 properties came on the market.  

Pending - 19 properties went under contract. 

Sold - 32 properties closed.

Graph - Bonita Springs FL - Market Activity x Week - (9/29 - 10/5)

Some people think the summer months are not a good time to list their property for sale.  However, the numbers show a totally different story.  The fact is, that the summer months are a very good time to get your property on the market and get it sold.

The number one reason why most properties don't sell is due to over-pricing.  For the most part, sales are driven by correct pricing (market value) and not by season.  A property will not sell if it isn't on the market.  A property that is well priced, will be recognized as such and sell.

If you're thinking of selling, please contact me for a free property assessment and competitive market analysis.

Posted in Market Trends
no comments yet
Sept. 30, 2019

Bonita Springs FL - Market Activity x Week - (9/22 - 9/28)

The image above shows Bonita Springs, FL real estate market activity for the past week (9/22 - 9/28). 

Active - 29 properties came on the market.  

Pending - 38 properties went under contract. 

Sold - 23 properties closed.

Some people think the summer months are not a good time to list their property for sale.  However, the numbers show a totally different story.  The fact is, that the summer months are a very good time to get your property on the market and get it sold.

The number one reason why most properties don't sell is due to over-pricing.  For the most part, sales are driven by correct pricing (market value) and not by season.  A property will not sell if it isn't on the market.  A property that is well priced, will be recognized as such and sell.

If you're thinking of selling, please contact me for a free property assessment and competitive market analysis.

Posted in Market Trends
no comments yet
Sept. 26, 2019

Bonita Springs FL - Market Activity x Week - (9/15 - 9/21)

The image above shows Bonita Springs, FL real estate market activity for the past week (9/15 - 9/21). 

  • Active - 39 properties came on the market.  
  • Pending - 33 properties went under contract. 
  • Sold - 37 properties closed.
Posted in Market Trends
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Sept. 23, 2019

Bonita Springs FL - Real Estate Market Report - August 2019

Bonita Springs FL - Home Sales x Month - August 2019

Bonita Springs FL home sales decreased more than 23% in the month of August, coming in at 132. That’s 40 fewer sales than the previous month (July), when Bonita Springs FL homes sales were at 172. Compared to one year ago (August 2018), the number of Bonita Springs FL home sales was 154 closed transactions.

Refer to the graph below titled Bonita Springs FL - Home Sales x Month - August 2019. It shows the number of home sales increased aggressively in the first two quarters of 2019.  In January, Bonita Springs FL home sales were at 126 closed transactions and rocketed to 173 closed sales in March.  The number of home sales peaked in the 2nd quarter of the year with closed sales coming in at 274 in May and then we saw sales drop off aggressively in June when they were at 160.  The 3rd quarter of the year shows sales continue their decline with closed sales coming in at 132 for the month of August.

So what's going on in the Bonita Springs real estate market?  These numbers seem pretty volitile (...and they are). Should a seller be concerned when they see sales dropping off with such voracity from one quarter to the next? The short answer is yes, it's certainly worth a closer look.

When we look at the monthly sales numbers and compare to the previous 2-3 months we will see how those months sales compare to each other.  The numbers may show an increase, a decrease or no change.  This information will identify a short term trend. 

When we look at sales for the month of August @ 132 and compare to the previous month July @ 172, we see that sales dropped by approximately 23%.  However, when we compare Bonita Springs FL home sales for the month of August @ 132 to homes sales for the month of May @ 274, we see a 48% drop off.  This becomes evident when we look at the sales numbers in the context of a wider time frame of several months.  The numbers show us a downward trend.  

When we look at the sales numbers over an even wider time frame and compare several quarters, a different picture begins to emerge.  In February we saw sales at 116.  In May we saw sales jump to 274.  In August home sales dropped to 132.  The picture that emerges is one of great volatility from quarter to quarter.

Let's keep going and look at the sales numbers over an even wider time frame and see what story the numbers tell us. (TBC)

Bonita Springs FL - Home Prices x Price Range - June 2019

According to MLS, the average sale price of a home in Bonita Springs FL was $381,527 (August 2019).  The previous month average sale price was $370,525 (July 2019).  In my opinion, those numbers do not give much useful information. 

To make the information regarding home sale prices more meaningful, I have taken the total number of homes sold for the month, 132 ( August 2019), and broken that number down by price ranges.  Refer to the chart below. 

There was a total of 132 transactions in Bonita Springs FL in the month of August.

  • 20.45% of the transactions were under $200,000.
  • 46.21% of the transactions were in the price range of $200,000 to $400,000.
  • 15.91% of the transactions were in the price range of $400,000 to $600,000.
  • 11.36% of the transactions were in the price range of $600,000 to $800,000.
  • 2.27% of the transactions were in the price range of $800,000 to $1,000,000.
  • 3.79% of the transactions were in price ranges over $1,000,000.

The graph below illustrates Bonita Springs home sales x price range - August 2019.

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Posted in Market Trends
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Sept. 15, 2019

Bonita Springs FL - Market Activity x Week - (9/8 - 9/14)

The image above shows what the numbers look like in Bonita Springs, FL for the past week (9/8 - 9/14). 

  • Active - 37 properties came on the market.  
  • Pending - 28 properties went under contract. 
  • Sold - 27 properties closed.

Some people think the summer months are not a good time to list their property for sale.  However, the numbers show a totally different story.  The fact is, that the summer months are a very good time to get your property on the market and get it sold.

The number one reason why most properties don't sell is due to over-pricing.  For the most part, sales are driven by correct pricing (market value) and not by season.  A property will not sell if it isn't on the market.  A property that is well priced, will be recognized as such and sell.

If you're thinking of selling, please contact me for a free property assessment and competitive market analysis.

Posted in Market Trends
no comments yet
Sept. 1, 2019

Bonita Springs FL - Market Activity x Week - (8/25 - 8/31)

The image above shows what the numbers look like in Bonita Springs, FL for the past week (8/25 - 8/31). 

  • Active - 24 properties came on the market.  
  • Pending - 30 properties went under contract. 
  • Sold - 23 properties closed.*

​*(The number of closed sales may be lower than normal due to the presence of Hurricane Dorian.)

Some people think the summer months are not a good time to list their property for sale.  However, the numbers show a totally different story.  The fact is, that the summer months are a very good time to get your property on the market and get it sold.

The number one reason why most properties don't sell is due to over-pricing.  For the most part, sales are driven by correct pricing (market value) and not by season.  A property will not sell if it isn't on the market.  A property that is well priced, will be recognized as such and sell.

If you're thinking of selling, please contact me for a free property assessment and competitive market analysis.

Posted in Market Trends
no comments yet

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