Growth Articles

The value of all residential permits issued in 2018 totaled $138 million -- the highest in over a decade. The total included $42 million for over 1,100 permits for roofing, presumably related to Hurricane Irma. The 12-year high was achieved even without including the...

In May and June of 2018, the value of Estero’s commercial permits totaled $18,494,797. This more than doubled the total commercial investment in the first four months of the year.  Major investments included: $9.6 million at Pelican Sound to remodel the clubhouse and...

MLS records indicate that six hundred thirty-eight (638) single family homes were sold in Estero in 2018.  Even though first half 2018 sales declined slightly from 2017, second half sales surged ahead 23%, marking a 7% annual increase in 2018 and making it the best...

There were fifty (50) residential permits, totaling $20,030,300, issued during May and June 2018. Over 40% of the total permits were issued to Tidewater, the new 55+ gated community at the intersection of Ben Hill Griffin and Estero Parkway, while another 40% were for...

Commercial permits in 2018 totaled $62.9 million. After excluding the $100 million Hertz investment in 2014 and the $82 million Lee Health investment in 2017, this past year was the second-best in over a decade. Estero benefited in 2018 from a wide variety of...

Based on MLS records, one hundred-fifteen (115) single family homes were sold in May and June 2018. Although this is twenty-six (26) fewer than the comparable months of 2017, sales for the entire second quarter ended June 30 edged up three percent (3%) from last...

For the first four months of 2018, the value of Estero’s commercial permits totaled $15,175,346, including $5.3 million for 64 buildings needing new roofs and/or roof repairs as a result of the hurricane. As for new construction, the period included $2.3 million for...