Bonita Springs-Estero housing market sees 51% increase in active inventory

The Bonita Springs-Estero area housing market experienced a 51% increase in active inventory last month compared to June 2021, with 503 property listings, according to data from Bonita Springs/Estero Board of Realtors MLS Services. Median home prices also appear to be holding with the end of June being up 32.5% from the same period in 2021. In addition to a less than 1% month-over-month increase in new listings, the market saw a 31% decline in closed sale units from June 2021. The market continues to be dominated by cash buyers at 63% cash buys last month. 

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