Estero Real Estate Transactions Homes
During the month of October 2006, 12 Estero FL homes were closed. The homes had an average price of $491,925 and the median price was $414,050.
In October 2005, 14 homes were sold. The average price of these homes was $414,957 and a median price of $393,750.
The average days on market in October 2006 was 136 days versus October 2005’s 35 days.
The volume of transactions remained the relatively the same between 2006 and 2005.
Clearly the average price increased, due to 3 homes being sold in excess of $700,000. In 2005, the most expensive sold for $649,900.
The median price paid increased due the more expensive homes being sold. It can also be seen through the price range – October 2006 - $230,000 to $860,000. The price range in October 2005 was $249,000 to $649,900.
The increase in the average days on market was seen in all price ranges in the Estero area.
If you are thinking about buying or selling, please think of me as your Estero FL REALTOR.
Comments
Got something to say?