Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Estero. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 239-898-5329

Average Home Price $175,000 - View Graph Trend
Average Price Compared to Last Year Down 10-15%
Average Time on Market Less than 10 days
Best Selling Price Range$150,000 - $199,000
Worst Selling Price Range$1,000,000+
Prices As % of Asking Price 95-100%
Existing Home Prices for the past 90 days are?No Change
Market Trend Decreasing
Buyers’ or Sellers’ Market More buyers than sellers
Buyer Activity for the past 90 days in Estero isNo Change
Seller Activity for the past 90 days in Estero is?No Change
Multiple Offers?Yes
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?More than 50%
Is Financing Available For Qualified Buyers?Yes
Housing Inventory Limited Supply
Greatest Activity Repeat Buyers
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in Estero!
Nearest Metro AreaFort Myers
Housing Hot SpotsMost cities within the Lee County area are considered 'Housing Hotspots'
Average Sold Price $175,000 - View Graph Trend

Estero Local News


Grandezza in Estero Florida - Sunday November 22nd, 2009 3:49pm
Grandezza has a home that is foreclosed that was almost 900k a couple years ago.....the home needs work and a new kitchen but wow what an unbelievable opportunity. call me today at 239-898-5329 to get more information or email me at jessemcgreevy@gmail.com
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Domain Realty Group @Downing Frye Realty, inc.
Domain Realty Group @Downing Frye Realty, inc.
     239-898-5329
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November 2009 (1)

Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.60%
  15 yr. jumbo rate:  3.96%

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Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Domain Realty Group @Downing Frye Realty, inc.
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Domain Realty Group @Downing Frye Realty, inc.
Downing Frye Realty
Downing Frye Realty

  239-898-5329




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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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