Thirty-nine (39) single family homes were sold in Estero in December, down 40% from December, 2016. Despite weak...
Commercial permits in December 2017 totaled $1,237,003, one of the lowest monthly figures this year. The $114 million...
During December 2017, permits for forty-three (43) residential units were issued. This included a thirty-four unit...
New research from Credit Suisse predicts nearly one in four American malls will close by 2022, Fortune Magazine recently reported. Fueled by the rise in e-commerce, store closures are reaching epidemic proportions; Amazon sales continue to rise as sales from...
Estero’s commercial permits in May, 2017 totaled $4,074,762, including $2 million for the renovation of the old Sports Authority location in Coconut Point Mall. So far this year, over $4.7 million has been invested in renovations within the Mall. This year’s total...
During May 2017, permits for fifty-five (55) residential units were issued in Estero, including seventeen (17) single family homes, two (2) duplex homes and thirty-six (36) condominium units. The condominium permits were the first construction permits issued to Genova...
Village Council Actions Edera at Coconut Point Village Council heard plans for Edera at Coconut Point, a 180-unit apartment complex along Via Coconut Point south of Williams Road, during a first reading of the proposed ordinance. Council sent this proposal back to the...
For May, 2017, the Multiple Listing Service (MLS) reported sixty-five (65) single family home sales in Estero, up 38% from May, 2016. After bouncing back from lower sales in April, May year-to-date sales increased 5% from 2016. Sales figures for 2017 and for each...
The Village of Estero had about 22,403 residences at the end of 2016. Here’s a look at the history and demographics of housing in Estero. Prologue In 1997, the Estero Fire District conducted a survey of all structures in Estero and found about 4,600 housing units of...
During the first quarter of 2017, permits for two hundred seventy-three (273) residential units were issued in Estero, including thirty-one (31) single family homes, twelve (12) duplexes and two hundred-thirty (230) apartments. The apartments included two hundred-six...
The Interstate 75 interchange at Corkscrew Road is failing to adequately handle traffic during peak hours of usage. As Estero’s only connection to the interstate highway system, this interchange is a source of continual aggravation as traffic routinely backs up,...
In 2012 Richard Hunt, the ECCL’s real estate market research consultant, found that Estero had a shortage of both rental and senior housing. During the housing boom of the early 2000’s Estero rental-only housing was converted to condominiums. Almost immediately after...
