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Market Trends
Commentary Provided byEncompass Realty Group 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 |
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| Report Date | Fall 2009 | ||
| Nearest Metro Area | Fort Myers | ||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||
| Average Time on Market | Less than 10 days | ||
| Market Trend | Decreasing | ||
| Housing Inventory | Limited Supply | ||
| Average Home Price | $175,000 - View Graph Trend | ||
| Best Selling Price Range | $150,000 - $199,000 | ||
| Worst Selling Price Range | $1,000,000+ | ||
| Compared to Last Year | Down 10-15% | ||
| Prices As % of Asking Price | 95-100% | ||
| Multiple Offers? | Yes | ||
| Greatest Activity | Repeat Buyers | ||
| Buyer Activity for the past 90 days in Estero is | No Change | ||
| Seller Activity for the past 90 days in Estero is | No Change | ||
| Is Financing Available For Qualified Buyers in Estero? | Yes | ||
| Existing Home Prices for the past 90 days are | No Change | ||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | More than 50% | ||
| Housing Hot Spots | Most cities within the Lee County area are considered 'Housing Hotspots' | ||
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Estero! | ||
| Average Sold Price | $175,000 - View Graph Trend | ||
| National Real Estate Market | |||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... | |||
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Encompass Realty Group
Downing Frye Realty Bonita Springs, Florida 239-898-5329 jessemcgreevy@gmail.com Agent Home Page 
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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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