How's the Real Estate Market??

Estero, FL

Single-Family Homes

Astrid Hartleb | 239-558-1130 | https://affinityswfl.com



Estero, FL

Mon Jan 17 2022
This week the median list price for Estero, FL is $749,999 with the market action index hovering around 67. This is less than last month's market action index of 69. Inventory has decreased to 31. 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.

Strong Seller's Market

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Estero, FL

Mon Jan 17 2022
This week the median list price for Estero, FL is $749,999 with the market action index hovering around 67. This is less than last month's market action index of 69. Inventory has decreased to 31. 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.

Strong Seller's Market

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Real-Time Market Profile

Never miss important changes in the Estero market.
Median List Price $749,999
Median Price of New Listings $897,500
Per Square Foot $321
Average Days on Market 72
Median Days on Market 35
Price Decreased 35%
Price Increased 3%
Relisted 3%
Inventory 31
Median Rent $4,500
Market Action 67
Strong Seller's Market

While this week the median didn’t fluctuate much, prices continue to sit at all time highs. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$1,875,000 3,923 0.5 - 1 acre 4 4 7 1 1 49
$822,475 3,082 0.25 - 0.5 acre 4 3 16 3 1 17
$717,500 2,159 8,000 - 10,000 sqft 3 2.8 8 2 1 42
$492,500 1,348 4,500 - 6,500 sqft 2 2 26 0 1 42