Market Conditions in 33928>Question Details

Ida, Home Seller in Estero, FL

Are the real estate prices in Estero continue to going down?

Asked by Ida, Estero, FL Thu Apr 30, 2009

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4
Ida,

Your question showed up under home seller. Prices in Estero really depend on where you are looking and the types of property you are looking at. If you are considering selling you may want to have a comparative market analysis completed and price your home properly. It takes more than listing a home to sell it. The home will need to be marketed properly and agents on both sides (buyer & seller) that can work together to complete the transaction
1. List the Home
2. Find a Qualified buyer
3. Get both the buyer and seller to the closing table to complete the transaction.

To complete a sale you wil need a buyer who is willing to pay your asking price and qualified to get a mortgage or have cash available to pay all cash. There are many options available for financing, many times you will have buyers willing to purchase a home but cannot qualify for the financing they have applied for. When listing a home you may want to consider buyer incentatives that may attract purchasers to your home because of the terms offered by you that may make financing the home easier.

Debra McAlister-Brown
djmsellsswfl@gmail.com
239-898-9933
0 votes Thank Flag Link Thu Aug 5, 2010
Ida.....did you still want to discuss the sale of your home in Estero?


jessemcgreevy@gmail.com
239-898-5329
0 votes Thank Flag Link Fri Jul 23, 2010
I would characterize the prices in the Estero market as bouncing along the bottom. From a pure statistical standpoint, here are the average selling prices for residential property in Estero over the last six months:

Month Qty Avg. SP
04/09 36 $194,253
03/09 31 $183,519
02/09 30 $164,905
01/09 21 $192,202
12/08 23 $208,989
11/08 24 $190,817

One of the best attributes of the Estero market is the month-over-month consistency in the qty of sales and the average selling price. Estero is by a wide-margin, the most consistent sub-market in Lee County. An investment in Estero is in my opinion, the safest bet in Lee County.

Here is a resource to search for property in Estero: http://www.greaterftmyers.com/estero.php

Good luck with your search for a home in Estero!
0 votes Thank Flag Link Thu Apr 30, 2009
Estero is the best thing going on in all of Southwest Florida. While some communities may still come down a bit more I can say with confidence that we have bottomed out. I would love to help you in the sale of your home. Please contact me and I will show you what we have to offer.
0 votes Thank Flag Link Thu Apr 30, 2009
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