Bonita Springs March Market Update – Josh Bohling - LPT Realty SW FL

🌴 SW Florida March Market Update Bonita Springs – Josh Bohling - LPT Realty SW FL

March in Southwest Florida marks the heart of our peak season, as perfect weather, bustling activity from "snowbirds," and motivated buyers create a dynamic real estate environment. While national headlines continue to discuss market adjustments, it's important to focus on what's happening locally. Following a period of rapid expansion, the market has found its footing: prices have stabilized, insurance costs have leveled off, and we're seeing more informed buyers navigating a healthier inventory landscape. ☀️🏖️📊

But the local Bonita Springs numbers paint the true picture...

Bonita Springs Single-Family Homes

*   Median Sales Price: $700,000 (Up 1.8% vs. last year!)
*   Closed Sales: 89 (Up 20.3% vs. last year!)
*   Active Inventory: 533 (Down 21.6% vs. last year!)
*   Months Supply of Inventory: 6.0 (Down 34.8% vs. last year!)

Takeaway: Bonita Springs is a hot market for single-family homes! Prices are up, sales are up, and inventory is down significantly. This is a trifecta for sellers, and it means that buyers need to be ready to compete for the homes they want as the market is very balanced but has been swinging towards a sellers market. 

Bonita Springs Condos & Townhouses

*   Median Sales Price: $420,000 (Down 8.7% vs. last year!)
*   Closed Sales: 78 (Up 27.9% vs. last year!)
*   Active Inventory: 710 (Down 12.6% vs. last year!)
*   Months Supply of Inventory: 9.1 (Down 31.6% vs. last year!)

Takeaway: The condo market in Bonita Springs is also very active, with closed sales up nearly 28% and inventory and price down. This is a strong buyer's market, and it's a great time to buy a condo in Bonita Springs.

What Does It All Mean?

Bonita Springs is a seller's market through and through. Both single-family homes and condos are in high demand, and inventory is low. If you're thinking of selling in Bonita Springs, you're in a great position. If you're a buyer, you need an agent who can help you find the right property and make a competitive offer.

Josh Bohling REALTOR® | LPT Realty
Cell 239-320-5326
josh@sellmyhouseswfl.com
www.sellmyhouseswfl.com