Bonita Bay Real Estate News May 2015

Bonita Bay Real Estate News May 2015

As the typical Southwest Florida “season” winds down, there are strong signs showing that the “buying season” for Florida real estate is yet to come. According to a Florida Realtors® article published today, entitled Fla. Cities Rank at Top for New-Purchase Loans, “The prime buying season still remains ahead, providing some hope that first-time homebuyers and other traditional buyers relying on traditional financing will come out in greater numbers in the coming months.”

This is certainly good news for the future — but it is what is happening now locally that is keeping Southwest Florida real estate thriving is the steady flow of contracts on on-market homes in our area combined with the flow of available homes. According to Downing-Frye Realty Broker and Naples Area Board of Realtors President Mike Hughes, “the Downing-Frye listing inventory continues to stay strong and we see listings coming on the market almost as fast as we are selling them. There is a lot of activity these days coming from buyers and sellers. According to Hughes, “Over the last two months, Downing-Frye agents have turned in over 1,000 pending sales contracts to our Accounting department. We have a tremendous amount of momentum heading into Summer.”

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.

Don’t forget, you now have access to the most comprehensive website devoted to Bonita Bay, www.bonitabaypropertiesforsale.com. I’ve included maps, floor plans, photos, and descriptions of each neighborhood within this desirable community.

Whether you are buying or selling, if you are looking for REALTOR® representation, think of me.

SUMMARY OF BONITA BAY HOME SALES

If you are considering selling your Bonita Bay home, here are some statistics that may help you decide to place your home on the market:

CONDOs
  • Within the last 12 months, there were 149 sales with an average sales price of$641,184; these condos were on the market an average of 91 days
  • During the 12 months previous, there were 162 sales with an  average sales price of condominiums was $587,265; these homes were on the market much longer at 185 days

SINGLE-FAMILY

  • During the last 12 months, there were 80 sales with an average sales price of$1,120,578; these homes were on the market an average of 84 days
  • During the 12 months previous, there were 96 sales with an average sales price of $1,015,536; these homes were, again, much longer on the market for an average of 163 days
For a list of BONITA BAY homes sold in the last 90 days, click here.
For a list of BONITA BAY homes that are pending at the moment, click here.

Meet Ed Gongola and discover how he can help you with his concierge style of service when buying or selling your home.

 

Bonita Bay Resident Clubs Bring Like-Minds Together

Joining a resident club is a great way to meet fellow neighbors with similar interests!
Contact the Community Activity Office about a specific resident club from the list below for more detailed information regarding main contacts, membership, and upcoming meetings and events. All meetings and activities are organized by individual resident club members (not the Bonita Bay Community Activities Department). Contact the Community Activities Office at (239) 390-5550 or visit the website for information on any Bonita Bay Resident Club including the following:

Bay Buckeyes * Bay Pointe & Friends * Bay Singers * Bay Weavers * Bicycle Club * Bocce Club * Book Club * Cruising Club * Fishing Club * Garden Club * Great Books Society * Golf Croquet Club * Illinois Club * Iowa Club * Kentucky Club * Knitters * Michigan Club * Minnesota Club * Missouri Club * Nature Club * Needlepoint Club * New England Club * NY/Tri-State Club * Pickleball Club * Quilting Club * Scrapbooking Club * Wisconsin Club * Women’s Bible Study * Woodworking Club

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Resident Club Spotlight: Bonita Bay Bicycling Club

Bonita Bay Bicycle Club 2015 Rider of Year Vette Weir (L) and 2014 Rider of the Year Bill Winter (R)

Bonita Bay Bicycle Club 2015 Rider of Year Vette Weir (L) and 2014 Rider of the Year Bill Winter (R)

What began in 2000 with 16 devoted Bonita Bay resident cyclists has grown to an extremely active club with hundreds of riders who collectively log more than 100,000 miles during the October/April season with organized rides every day of the week except Sunday. Members group themselves into one of three categories based on speed and distance covered. The organization plays a key role in directing traffic authorities regarding safety issues on the road and build better relations between bicyclists and vehicle drivers in the Bonita Bay community.
Each year, one rider is voted Rider of the Year. Vette Weir was honored as 2015 Rider of the Year when more than 100 club members gathered this year at Bonita Bay Club to celebrate the end of the season. The award was presented by 2014 Rider of the Year, Bill Winter. Members continue to ride Mondays through Saturdays, meeting at the tennis center at 8am.

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Visit www.bonitabaybicycleclub.com for more information.