Market Update - March 2020

If you’ve been toying with the idea of listing your home during the first quarter of 2020, the good news is that you still have some time to get that done. In fact, one study found that agents ranked March as being the best month to sell a house.

If you’re curious about recent statistics for the Bonita Springs-Estero real estate market, this year’s data is compelling. For example, when you compare January 2019 to January 2020, the number of closed sales is up by .5%, and the number of pending sales is up by an impressive 54.9%.

It’s also worth noting that the total number of new listings is down by 10.7% (for-sale single-family home inventory has fallen by 22%, whereas for-sale condo inventory is down by 34.5%.)

This is great news when it comes to this year’s average sales price.

Using the same year-over-year comparison timeline, the average sales price for single-family homes has risen by 10.5%, while the average sales price for condos is up by an impressive 28.7%.

Suffice to say, if you’re wanting to sell your home, now is a great time to get off the sidelines.

Let our team help you achieve your residential real estate goals this fall and make it happen with the best possible outcome! Here is a handy list of unique sales tools we provide our buying and selling clients. Whether buying or selling, our tools are PROVEN to help you get the most from your transaction!

Enjoy the large lake views in this immaculate 5 bedroom, 2.5 bath home located on a cul-de-sac! Many upgraded features. Trending, dark cabinetry throughout and wood plank tile in the den/flex, primary bedroom and second floor loft. The kitchen offers upgrades with white subway tiles on both the backsplash and front of the island, accented beautifully with black appliances, quartz countertops, pendant lighting and undermount sink. The kitchen is open to the dining area and living/family room with an accented wall of tile. The flex/den also has a beautiful wall of wainscoting, even making it ideal to use as a formal dining room if opting to do so. Outstanding water views from the main living areas include eating area, living room and convenient first floor primary suite. This home offers a nice flow through on the main level for entertaining. The second floor is perfect for your family and guests with four extra bedrooms plus a loft area to use any way to fit your lifestyle. Paver screened-in lanai is a perfect way to start off your morning, sitting back, enjoying a cup of coffee watching one of Florida’s incredible sunrises gleaming off the large lake right in your backyard. Plus an added paver patio perfect for grilling and entertaining with your guests!

$475,000 Active

3441 Manati Ct Cape Coral, Florida

5 Beds 3 Baths 2,863 SqFt 0.203 Acres

This beautiful slice of paradise can be yours in the gorgeous Community of Verandah. Plus, the seller will pay up to $10k for either golf or club membership! If opting for golf membership, there currently is a waiting list and with the purchase of this home there is NO WAIT LIST! This immaculate, 3 bedrooms+den, 2.5 bath and oversized 2.5 car garage offers an open floor plan with tile throughout main and wet areas, crown molding, high ceilings and tray ceilings. Since 2023 the home has been enhanced with an additional $60,100 in upgrades, plus a new A/C and furnace was replaced in September of 2024. The spacious, natural gas kitchen has been remodeled with new can lights and outlets, updated cabinetry repainted in white, a new counter-height island with black granite, makes for a striking blend of white and black with stainless appliances. The living room is open to kitchen with large sliders offering a retractable privacy shade which leads to the paver lanai for a nice flow through for entertaining. Large en-suite boasts a private entry to the lanai and bath offers dual vanities, make-up counter, granite counter-tops and a separate walk-in shower and tub. Family and guests enjoy the two additional bedrooms and all baths with new high pressure Kohler toilets enhanced with heated bidet seats. Entertain family and guests with ample room for dining with a formal dining room, kitchen island and the sought-after outdoor lifestyle that Florida has to offer out on the lanai for that added living space with a pool bath. Enjoy complete privacy as taking a dip in the built-in resurfaced, over-size saltwater and gas heated pool, with lush landscape and nature lining the back yard. End the evening sitting in the spa, relaxing, sipping on a glass of wine, enjoying the newly installed custom landscape lighting surrounding the screen-in lanai/pool and perimeter of the house. Additionally, the lanai and driveway pavers have been repaired and resealed and extended garage is great for extra storage or for a golf cart. The beautiful community of Verandah offers a variety amenities, with clubhouse, restaurants, pool, pickleball, tennis and bocce ball courts, fitness center, playground, dog park, two championship golf courses, plus more!

$775,000 Active

3971 Otter Bend Cir Fort Myers, Florida

3 Beds 3 Baths 2,321 SqFt 0.232 Acres

Enjoy your slice of paradise in this immaculate, furnished home with beautiful lake and golf course views beyond! Home offers tile throughout main and wet areas, painted in neutral tones, a new Lennox AC system, plus many enhancements throughout. Upon entrance foyer door with sidelights/transom and a bonus closet for extra storage. The kitchen boasts stainless appliances, decorative backsplash, granite counter-top, breakfast bar and dining area. The living room offers a wall of sliders leading to the paver Lanai making it a great flow through for entertaining. Master en-suite offers attractive tray ceiling, his and her closets and a convenient sliding entry to the lanai, plus bath with dual sinks, tub, walk-in shower with walls of accent tile. Extra bedroom for guests and currently den is set up as a third bedroom. Enjoy Florida's outdoor lifestyle in the covered paver Lanai with electric shutters, while sitting back taking in the incredible views or take a dip in the heated built-in pool with screen enclosure. Palmira Country Club offers a newly renovated Renaissance Center, a clubhouse with dining and grille room, both lagoon resort and lap pool/spa, fitness center, tennis, pickleball, bocceball, and basketball courts, fire pit, plus an abundance of activities and more! Palmira Country Club also offers optional golf membership with a Gordon Lewis designed 27-hole course or social membership.

$819,500 Active

14546 Speranza Way Bonita Springs, Florida

2 Beds 2 Baths 1,807 SqFt 0.175 Acres

Discover an exceptional blend of luxury and comfort in this first-floor condo, located in the prestigious gated community of Palmira Golf & Country Club. This 2-bedroom plus den, 2-bathroom home features an attached two-car garage and offers breathtaking lake and golf course views from the screened lanai, creating the perfect space to relax and unwind.

While this home does not include a golf membership, residents can take full advantage of the outstanding amenities at The Renaissance Center. Enjoy a state-of-the-art fitness center and aerobics studio, eight lighted Hydro-grid clay tennis courts, four pickleball courts, and five bocce courts. The Renaissance Center also features an 800-square-foot heated lagoon-style swimming pool with walk-in entry, a waterfall, and a whirlpool spa, as well as a 75-foot Olympic lap pool. For dining and socializing, residents can visit The Bistro & Bar or participate in a variety of events on the active social calendar. Please note that a Renaissance Club transfer fee applies.

Embrace the luxurious lifestyle and resort-style amenities that Palmira Golf & Country Club has to offer. This rental provides the perfect opportunity to experience the best of Southwest Florida living.

$5,000 Active

14651 Bellino Ter 101 Bonita Springs, Florida

2 Beds 2 Baths 1,523 SqFt 0.132 Acres

Open House Search! 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 https://paradiseluxurygroup.com/open-house-search/
Detailed Market Analysis – 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!
New Streamlined Communications System – 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!
Monthly Market Report. Let us present you with the most accurate data about your neighborhood including closed and active home sales. Visit: MarketReportSignUp.com
Website Online Chat. Chat with our team in real-time to get your questions answered now!
Elite Seller Feedback System – Take advantage of my sophisticated and exclusive system that provides valuable feedback from your showings via email, so you know what buyers are thinking.
Interactive Home Illustration – Give buyers what they want to see with professional images and videos of your home!
Superior Marketing Plan – Our marketing plan is unlike all others in this market! It will maximize exposure and get top dollar for your home.
Updated Easy-to-read eMail Template – You’ll be able to review our messages and quickly access such as our featured listings, market reports, and quick links to various communities and all of our exclusive market tools!

Market Update – March 2020

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