17 Jun Bonita Bay Real Estate News | June 2015
In the second quarter of 2014, real estate research firm Local Market Monitor projected a 29-percent increase in the cumulative gain in one-to-four-family home prices; their most recent study adjusts that mark now to a whopping 41 percent increase in home prices in our area over the next three years.
Taking a look at Bonita Bay sales specifically, the chart to the right shows the steady increase of the number of home sales in Bonita Bay since 2009.
Good news, indeed, whether you are buying or selling. So, if you are considering selling your Bonita Bay home or know somebody looking, please allow me to share my 30 years of experience putting buyers and sellers together in SWFL.
A reminder, you now have access to the most comprehensive website devoted to Bonita Bay, www.
Whether you are buying or selling, if you are looking for REALTOR® representation, think of me.
Downing-Frye Reaches $1 BILLION in Closed Sales Volume Already This Year
This month, Downing-Frye Realty reached the ONE BILLION DOLLARS IN CLOSED SALES VOLUME for the year 2015. According to Downing-Frye Vice President Mike Hughes, “This is the earliest we have accomplished this feat since 2005.”
SUMMARY OF BONITA BAY HOME SALES
- Within the last 12 months, there were 138 sales with an average sales price of$673,945; these condos were on the market an average of 79 days
- During the 12 months previous, there were 154 sales with an average sales price of condominiums was $550,586; these homes were on the market much longer at 174 days
- During the last 12 months, there were 90 sales with an average sales price of$1,141,807; these homes were on the market an average of 69 days
- During the 12 months previous, there were 96 sales with an average sales price of $959,713; these homes were, again, much longer on the market for an average of 157 days
For a list of BONITA BAY homes that are pending at the moment, click here.
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Sizzling Southwest Florida Housing Market Will Only Get Hotter
The housing market in Southwest Florida has been on-fire for three straight years — and, according to a second-quarter survey by Local Market Monitor — the housing market is only going to gain more heat.
According to the report, the Naples-Marco Island area will have the highest, aggregate gain in one-to-four-family home prices — a gain of 41 percent — over the next three years-in comparison with the 20 metropolitan statistical areas it tracks in Florida.
After learning the Bonita Bay Club has been recognized as one of the ten healthiest clubs in America by Prevo Health Solutions, future residents of the 26-floor, 120-unit Seaglass high-rise tower to be built by the award-winning Ronto Group within Bonita Bay got more exciting news. With its three-story, approximately 60,000-square-feet Lifestyle Center nearing completion in the Promenade complex adjacent to Bonita Bay, the Bonita Bay Club announced plans for enhancements to its 18-court tennis facility, the construction of a resort-style pool complex, and improvements to its Creekside golf course, one of Bonita Bay’s three on-property golf courses.
Homebuyer traffic and sales contract momentum are thriving at Seaglass. Ronto recently reported an astounding 85% of previously processed reservations worth over $50 million have been successfully converted to binding purchase agreements. The combination of the spacious open-concept Seaglass tower and penthouse residence floor plans and Bonita Bay’s expanding array of amenities that are conducive to an active, healthy lifestyle promises to redefine the high-rise living experience.