How's the Real Estate Market??

Estero, FL

Single-Family Homes

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



Estero, FL

Wed Oct 20 2021
This week the median list price for Estero, FL is $667,000 with the market action index hovering around 67. This is less than last month's market action index of 69. Inventory has increased to 46. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Estero, FL

Wed Oct 20 2021
This week the median list price for Estero, FL is $667,000 with the market action index hovering around 67. This is less than last month's market action index of 69. Inventory has increased to 46. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Estero market.
Median List Price $667,000
Median Price of New Listings $544,500
Per Square Foot $280
Average Days on Market 50
Median Days on Market 18
Price Decreased 24%
Price Increased 7%
Relisted 2%
Inventory 46
Median Rent $5,500
Market Action 67
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here.

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
$1,299,000 3,909 0.25 - 0.5 acre 4 4 16 3 2 42
$759,000 2,445 0.25 - 0.5 acre 3 3 3 4 3 7
$574,500 2,011 8,000 - 10,000 sqft 3 2 15 3 3 42
$357,000 1,400 0 - 4,500 sqft 2 2 18 8 4 7