December 2021 Market Update

By D. Michael Burke

Happy December! It’s almost hard to believe that we’ve entered the final stretch for 2021.

Regardless of inventory challenges, the year 2021 has been a highly active year for residential sales in Southwest Florida, and for those who were thinking about making the move here, many finally got the push they needed to commit in 2021. Not only was there a strong influx of buyers coming in from the Midwest and Northeast, but there were also local buyers who upgraded to larger homes that could accommodate more people and provide more stay-at-home amenities, certainly a concept emphasized by the recent pandemic.

Additionally, many folks had major life or job changes, or found new jobs that allowed remote working, as well as the freedom to work from anywhere, which added to the increased interest in the local market. Incidentally, Florida currently ranks 5th on the list for fastest growing states in the U.S. with over 300,000 people moving to Florida in 2021 thus far. Bonita Springs is also 5th on the list for the fastest growing cities in Florida ( In comparing the local numbers to date from 2020 vs. 2021, it is clear that increased demand played a significant role in 2021.

As such, here is a recap of some notable aspects of the local real estate market.

Recent data from Florida Gulf Coast University (FGCU) indicates that single-family home building permits within our coastal counties rose by 19% and single-family home prices for all three coastal counties increased by 16-27% between October 2020 and October 2021. Also, notable is the number of active listings within the coastal counties has fallen by 63%, year-over-year. Suffice to say, if you’ve been on the fence about selling your home, you can see that market conditions are still in your favor.

Our experienced team of professionals is here to help you achieve your residential real estate goals. Whether buying or selling, our tools are PROVEN to help you get the most from your transaction!

Let’s chat! Just give us a call at 239-498-7600. We look forward to hearing from you!

The Paradise Luxury Group now has a website dedicated to showing you all open houses in the Southwest Florida area! No more driving around aimlessly – now you have a plan! Don’t forget to call your Paradise Luxury Group Agent to accompany you on your open house visits! Check out today’s open houses at

Get active, pending, and all sold properties near your home or within your community within the past six months, as well as average sale price and the average days on market and more right HERE!

Our client resources and tools now reside on a dedicated server, making your experience faster and more convenient than ever! No other real estate team in Southwest Florida has the technical tools we have dedicated to serve you!

Let us present you with the most accurate data about your neighborhood including closed and active home sales. Visit:

Chat with our team in real-time to get your questions answered now!

Take advantage of my sophisticated and exclusive system that provides valuable feedback from your showings via email, so you know what buyers are thinking.

Our marketing plan is unlike all others in this market! It will maximize exposure and get top dollar for your home.

Recently Sold Properties: