The Michael Dillard Team Blog

July 2014 Market Reports

You have to check out the July reports below to see it has been a very busy and exciting summer!  Inventory continues to be a challenge, with some areas and price segments affected more than others.  If you have been waiting for the right time to sell, NOW is that time! Have you been sitting on a fence wondering if you should wait until season? We don’t think we’ll see a better time, and... [Read more...]

Bonita Bay 2014 Closed Sales & More

The local real estate market this year is already amazing! Ever wondered about Bonita Bay closed sales figures? You’ve come to the right place! We’re keeping track of the 2014 Bonita Bay closed sales in a convenient spreadsheet. You like details? Search no further! Check out market details including individual residences data as well as community averages. Looking for a home in a specific... [Read more...]

Q2 Market Report 2014

It has been a busy summer and we anticipate exciting local real estate activity during August and September. We are committed to staying in touch with you as we closely monitor the market (both new product and resale) so you are consistently provided current and valuable information. Read the entire 2nd quarter 2014 market report here. Some of the highlights are: The estate market above $2M has been... [Read more...]

The Promenade – A Promising Future

Looks like The Promenade at Bonita Bay has a promising future as more fine retail stores, unique boutiques, high-end salons, and delectable restaurants open. Prestigious clientele from around the world as well as residents of the adjacent luxury, gated, golfing community enjoy the open-air center for shopping, entertainment and dining. We’d like to start off by welcoming Divino Gelato Cafe located... [Read more...]

June 2014 Market Reports

Closed Sales Year-to-date, closed sales greater than $1.0 million are up 31% over same period 2013 and total volume increased 37%. The average days on market for the first half of 2014 is at the lowest level (93 days) since John R Wood Properties began tracking closed sales in 2000; down from 158 days in June 2013. The highest priced closed sale through the Southwest Florida Multiple Listing Service... [Read more...]

Center for the Arts Presents Jazz Ensemble

BONITA SPRINGS – Comprised of some of the area’s most notorious musicians including Rick Howard, David Johnson, Bill E. Peterson and Mario Infante , Mudbone brings together a vast collective musical experience with an eclectic take on The Blues, adding elements of Funk, Jazz, Latin, Zydeco, Reggae and everything in between! The Blues will never be the same when Mudbone hits the stage. ** MUST... [Read more...]

May 2014 Market Reports

In this article, you will read how luxury home sales have increased versus the prior year and the days on market have decreased. These are great indicators of growth and limited inventory in all of Southwest Florida. CLOSED SALES Year-to-date closed sales in 2014 are 8% higher than the same time in 2013, and now exceed 2005 levels for the period. The average monthly sales price is at the highest level... [Read more...]

Hidden Treasure: Bonita Nature Place

Recently we had an opportunity to visit one of the area’s hidden treasures ….. the Bonita Nature Place. It was very peaceful and tucked away in a preserve-like setting not far from the YMCA on Kent Road (just minutes from Bonita Bay). This is just another reason why we love Bonita so much! BNP butterfly mural The grounds are along the Imperial River and feature a variety of habitat types... [Read more...]

Performing Arts Center: 1st Annual SMART Party

The Women’s Fund of Southwest Florida is hosting the first annual fundraiser, the SMART Party, to raise money for its programs to promote women’s economic security. The event will be held live at the Performing Arts Center, located at 10150 Bonita Beach Road in Bonita Springs, on Thursday, June 19th, 5:30 p.m. to 7:30 p.m. with “smart” components designed to engage real-time virtual participation... [Read more...]

Closed Sales through April 2014 Highest on Record

Closed Sales Closed sales greater than $1.0 million represent 10% of the real estate sales in the first four months of 2014. Closed sales in the month of April 2014, greater than $1.0 million, are the highest since April 2005 (168 sales-April 2014 and 176-April 2005). The number of closed sales through April is the highest on record for the period.  Sales greater than $5.0 million are at the highest... [Read more...]