Altos Market Data for Realtors

Estero, FL

Single-Family Homes

Schedule a demo today at AltosResearch.com



Estero, FL

Thu Jun 08 2023
This week the median list price for Estero, FL is $719,500 with the market action index hovering around 40. This is less than last month's market action index of 43. Inventory has increased to 128. Click here to stay informed with the Estero market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Estero, FL

Thu Jun 08 2023
This week the median list price for Estero, FL is $719,500 with the market action index hovering around 40. This is less than last month's market action index of 43. Inventory has increased to 128. Click here to stay informed with the Estero market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Estero market.
Median List Price $719,500
Median Price of New Listings $670,000
Per Square Foot $339
Average Days on Market 67
Median Days on Market 49
Price Decreased 52%
Price Increased 3%
Relisted 8%
Inventory 128
Median Rent
Market Action 40
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,139,500 2,846 0.25 - 0.5 acre 4 3 4 5 2 42
$781,900 2,244 8,000 - 10,000 sqft 3 3 9 1 3 49
$669,500 2,032 6,500 - 8,000 sqft 3 2 13 1 3 52
$549,000 1,670 6,500 - 8,000 sqft 3 2 20 6 4 38