Bonita Springs, FL home prices and housing market

The clearest signal in Bonita Springs this June is time. The typical home is taking about 111 days to sell, and that slow pace is reshaping what sellers can expect. Values have softened too, with the typical home now worth about five hundred forty-nine thousand dollars, down around 6 percent over the past year. Part of the problem is supply. There are roughly 945 homes for sale competing for a thinner pool of buyers, and only about 144 new listings came on this month, so the backlog is real. What stands out is the gap between hope and reality. The median list price sits near seven hundred fifty-eight thousand dollars, well above what typical homes are actually worth, and yet only about 15 percent of listings have cut their price so far. That tells me many sellers are still holding firm and simply waiting. In this market, waiting means sitting. If you need to sell in Bonita Springs, price to today's buyer from day one, because overpricing here just adds weeks.