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Real Estate Trends in Bonita Bay

Friday, December 22, 2023   /   by Madison Tracy

Real Estate Trends in Bonita Bay

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The Real Estate Market Overview

Bonita Bay is a sought-after residential location with fascinating real estate trends. The average home price here is a whopping $2,005,646, making it a high-end market. The houses for sale in Bonita Bay spend an average of 67 days on the market, slightly above the national average of 38 days.

Currently, there are 87 active homes for sale in this neighborhood. Over the last 12 months, 233 homes have sold, indicating a healthy and active market. The average household income in Bonita Bay, is $226K, which aligns with the high property prices in this area.

One might wonder about the safety of this neighborhood. Bonita Bay is safer than the average neighborhood in the United States. It boasts a low crime score of 1 out of 10, making it an ideal place for anyone seeking a secure living environment.

Home Trends in Bonita Bay

Looking at home trends, the average sale price for homes in Bonita Bay over the last 12 months has been $1,916,716. This is a significant 33% increase from the average home sale price over the previous 12 months. Real Estate Trends in Bonita Bay When we break down the prices further, the median price for homes in the last 12 months was $1,325,000. The median price for single-family homes stood at $1,770,500. For those interested in smaller units, the median price for 2-bedroom and 1-bedroom houses was $718,500 and $375,000 respectively.

The average price per square foot in Bonita Bay is $596, reflecting the premium nature of the properties here. As previously mentioned, there are 87 homes currently for sale. The months of supply, which measures the number of months it would take to sell the current inventory at the current sales pace, stands at 4.5 months.

The median list price for homes in Bonita Bay is $1,479,000. However, buyers can expect a median discount from the first list price of about 4%. The median home sale price has undergone a year-on-year change of 42%, indicating a booming market

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The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2024. Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification.
2024 Royal Palm Coast REALTORĀ® Association. All rights reserved. Information has not been verified, is not guaranteed, and is subject to change. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) of the Florida Gulf Coast Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Patti White - RealtyQuest Inc IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Last Updated: 2/24/2024 7:40 PM CST
The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida Multiple Listing Services. Properties listed with brokerage firms other than Patti White - RealtyQuest Inc are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2017 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. For the most current information, contact Patti White - RealtyQuest Inc Data last updated 2/24/2024 7:40 PM CST.
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2024. Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification.
mls logoĀ© 2024 My Florida Regional MLS DBA Stellar MLS, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.2/24/2024 7:40 PM CST
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