How's the Real Estate Market??

Estero, FL

Single-Family Homes

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



Estero, FL

Sat Jan 16 2021
This week the median list price for Estero, FL is $449,000 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has held steady at or around 133. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Estero, FL

Sat Jan 16 2021
This week the median list price for Estero, FL is $449,000 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has held steady at or around 133. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Estero market.
Median List Price $449,000
Per Square Foot $210
Days on Market 132
Price Decreased 29%
Price Increased 5%
Relisted 5%
Inventory 133
Median Rent $3,900
Most Expensive $2,399,000
Least Expensive $58,000
Market Action 44
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$835,000 3,498 0.25 - 0.5 acre 4 3 16 2 4 181
$549,900 2,489 0.25 - 0.5 acre 3 3 7 4 4 90
$389,000 2,007 6,500 - 8,000 sqft 3 2 16 2 3 124
$120,000 813 0 - 4,500 sqft 2 1 31 1 5 133