Metas
Estero FL Condo Market
The Estero Florida condo real estate market is showing positive signs of improvement. The positive signs are coming from less new listings coming on the market from March 2006 - 35 fewer units.Â
The pending sales for 2007 were very slightly under 2006 by only one unit.
Closed sales of the Estero condos showed the same exact number of units at 12.
Expired listings - units that failed to sell during the listing contract - significantly increased by 26 units, which was almost double the number in March 2006.
The Estero condo real estate market still remains a buyers market - but the available inventory is being reduced - although not thru actual sales. Sellers still need to be aggressive when pricing their properties for sale.
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