The Bonita Springs-Estero Association of Realtors posted the January 2015 year-over-year Real Estate Market Report. The following stats are comparing January 2015 to January 2014:

Single Family Homes

Average Sales Price:   $495,492 (+4.3%)

Days on Market:  35 DOM (-23.9%)

Months of Inventory:  5.6 Months (+27.1%)

Condominiums/Townhouses

Average Sales Price:   $323,251 (+17.1%)

Days on Market:   43 DOM (-27.1%)

Months of Inventory:   4.6 Months (-4%)

Tom: Inventory and number of Days on Market in Bonita Springs-Estero are both very low, while prices continue to climb toward their "pre-crash" levels.