The Michael Dillard Team Blog

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...]

Breathing New Life Into An Old Marina

In order to breathe new life into an old marina, Bonita Springs city leaders need to change land codes. A developer is investing millions of dollars into an old boating site in Lee County; some places are hard to access where private land gets in the way. Sugar Mountain Development, a private developer, is investing $30M to create new public access to Estero Bay by renovating a once popular boating... [Read more...]

RiverFest Autumn Festival

A day of fun for all ages, The RiverFest Autumn Festival takes place in Bonita Springs on Saturday, October 18, 2014 at the Liles Hotel Plaza of Riverside Park, 27300 Old US 41 Road.  Activities include live music, hayrides, pony rides, pumpkin patch, Imperial River canoe and kayak races, pumpkin decorating contest, petting zoo, cornhole contest, old-fashioned fish fry, a rubber duck race and more.... [Read more...]

It’s Stone Crab Festival Time!

If you have not attended the Stone Crab Festival, you are truly missing out! A Southwest Florida favorite, the Stone Crab Festival is an action-packed weekend taking place at various locations on the historic Old Naples Waterfront, including Tin City, Bayfront, and Port-O-Call Marina. There’s plenty of fresh, locally-harvested stone crab claws, fish and shellfish, live music, events, art, vendors... [Read more...]

August 2014 Market Reports

Market news continues to be good and August ends on a positive note for the local market! Our main challenge at this point is to “restock the shelves” with inventory for the upcoming season. Can you believe the number of available homes and condos in the greater Bonita Springs/Estero area is at its lowest level since tracking inventory and absorption rates in 2007?  Although available... [Read more...]

Sales Volume Increases 28% for $1M+; YTD Pended Sales Increase in all Price Segments

The Dillard Team wants you to be well-equipped with the latest facts and figures in the greater Bonita Springs market place. Our company, John R. Wood Properties, is dedicated to obtaining the most accurate data and we wanted to share some great news with you. Call Richard Garner at (239) 292-1192 with any questions or to set up a confidential appointment! Closed Sales Year-to-date closed sales volume... [Read more...]

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...]

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...]