Bonita Springs May Market Update – Josh Bohling - LPT Realty SW FL
Bonita Springs May Market Update – Josh Bohling - LPT Realty SW FL
Southwest Florida begins moving from peak season into the slower summer months. During summer, showing traffic often cools, seasonal buyers are not as active in town, and some sellers become more open to negotiation if they want to get a deal done before fall. Bonita Springs continues to show a split market, with single-family homes holding steadier than many condo segments while buyers remain attentive to value and total carrying costs.
But the local Bonita Springs numbers paint the true picture...
Bonita Springs Single-Family Homes
* Median Sales Price: $725,000 (Down 3.2% vs. last year)
* Closed Sales: 113 (Up 9.7% vs. last year)
* Active Inventory: 434 (Down 36.3% vs. last year)
* Months Supply of Inventory: 3.8 (Down 41.9% vs. last year)
* Median Days on Market: 73
* List Price Received: 95.3%
Takeaway: The Bonita Springs single-family home market is relatively steady on sales activity, with closed sales up 9.7% year over year. Median pricing is relatively stable, so accurate pricing and property condition remain critical. At 3.8 months of supply, this segment remains tighter than the broader regional average, so buyers should be prepared when the right home is priced correctly.
Bonita Springs Condos & Townhouses
* Median Sales Price: $456,250 (Down 0.8% vs. last year)
* Closed Sales: 124 (Up 18.1% vs. last year)
* Active Inventory: 622 (Down 21.1% vs. last year)
* Months Supply of Inventory: 5.0 (Down 33.2% vs. last year)
* Median Days on Market: 89
* List Price Received: 94.4%
Takeaway: The Bonita Springs condo and townhouse market is still seeing buyer activity, with closed sales up 18.1% year over year. Median pricing is relatively stable, so accurate pricing and property condition remain critical. With 5.0 months of supply, 89 median days on market, and sellers receiving 94.4% of list price, this is an area where buyers may be able to find opportunities if they are patient and strategic.
What Does It All Mean?
The Bonita Springs market is giving buyers and sellers a more nuanced picture as we head into summer. Summer in Southwest Florida is typically slower than peak season, and that can create openings for buyers who are watching days on market, price reductions, and seller motivation, especially in single-family homes and condos and townhouses. For sellers, the key is to price against the current competition rather than assuming the market will automatically absorb an aggressive list price. For buyers, the best potential deals are likely to come from homes that have been sitting longer, listings with higher supply behind them, or sellers who are already showing flexibility in the list-to-sale numbers.
If you're thinking about buying or selling in Bonita Springs, let's talk. I can provide you with a personalized analysis of your property and help you make the most of this market as we move into the summer season.
Josh Bohling REALTOR® LPT Realty
CELL 239-320-5326
josh@sellmyhouseswfl.com
www.sellmyhouseswfl.com
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