Bonita Springs Real Estate Market Overview
Average Monthly Rent:
$1,402
Percentage Change in Home Price/Value:
0.90%
Median Home Value:
$335,700
Best Time To Sell Home:
February
Affordability Index:
90.5
Days To Sell House:
122.5
Job Market:
Fair
Public School Ranking:
26
Location and Weather
Bonita Springs has a total area of 41 miles which includes 5.7 square miles of water. This makes it a water recreation paradise. Bonita Springs is located between Estero Bay and the Gulf of Mexico. Flowing to the Estero Bay is the Imperial River which goes through the downtown area.
Bonita Springs has a short cool season from December through February with temperatures below 77 degrees. From May to October is the summer season with highs in the low 90’s and lows in the evening in the mid 70’s.
Population, Job Market and Cost of Living
Bonita Springs population was 56,088 in 2017 with an annual growth rate of 3.17%. Factors explaining this growth are an increase in jobs and a desirable climate close to the water. The job market increased by 1.9% over last year. The ten-year job growth is predicted to be 46%. Because of its desirable location the cost of living is high due to the higher cost of housing. The major company in Bonita Springs is Consumer Spending Innovations (CSI) – financial advisors and virtual credit card providers for corporations. Other business includes manufacturing, Retail trade and Construction.
With a beautiful coastal location, warm climate and growing job market, Bonita Springs will continue to be an expanding Florida city.
