Real Estate Trend up again in Estero Florida

The real estate trend looks promising again in Estero, Florida. Estero is located North of Naples and Bonita Springs. Not yet a town, Estero has a council of community leaders (ECCL) - voluntary community organization with an architectural committee (Estero Design Review Committee) making Estero a pretty place to live.
The trend is up again globally for residential real estate in Estero (see graph).












- 424 properties have sold YTD in 2008.
- 416 properties have sold in 2007.
On the 424 properties sold so far:
- 220 single-family homes.
- 204 condominiums.
The pending home sales are also on a upward trend and as of today there are 74 properties under contract (pending sales) in Estero.













The inventory of resale properties and the new listings started to decrease in Estero:
This trend could be the prediction of a strong season 2008-2009.
Estero is still in a buyer's market for how long? With a decrease of inventory, prices are still a correct range so far. Properties in great location or great communities should not stay that long on the market.
Search all available listings in Estero.