Jasmine Bay South
Homes for Sale in Estero, FL

Community in Estero · Lee County · ZIP 33928
Median sale $660K
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Live Market Pulse
9/100
Market Heat
Cooler than normal
2015 → 2026 · 91 at the 2022 peak
0 is Jasmine Bay South's coldest market since 2015, 100 its hottest. Today: 9. How it's scored
Built fromLive fgc data13 years of closingsUpdated twice daily
Live · Jasmine Bay South Housing Pulse fgc + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$660K
Median sold · 12 mo
down 39.2% vs the prior 12 months
-39.2%
1-yr price change
n = 3 and 5 sales in the two windows
$374/sf
Sold $/sqft · 12 mo
peak $511 in 2022
85.4%
Sale vs ask
Lee median: 93.1%
Tempo
165days
Median DOM · closed
0 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 7 a year
Ownership and context
67%
Cash buyers · Jasmine Bay South
2 of 3 sales, 12 mo ending July 2026
Track record · 13 years of records
2,150sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Jasmine Bay South is pricing off condition and unit specifics right now, not off a tight, active market. The median sits at $660,000 with a per-square-foot figure around $374, but with only three closings in this window, that median is doing a lot of work off a small sample — treat it as a directional marker, not a settled number.

The headline signal is the pace: a median of 165 days on market paired with a year-over-year price move down nearly 40% points to a market that has cooled hard and is still finding its footing. For sellers, that means pricing has to be deliberate and realistic from day one — this is not a market that rewards testing the top. For buyers, it means time and leverage are on your side, but you are negotiating against thin comparable data, so due diligence on the specific unit matters more than the community median.

Jasmine Bay South Housing Pulse · Momentum Research · as of July 29, 2026

Jasmine Bay South right now

🔴 Off the recent peak. The trailing-12-month median ($660K) is down 39.2% from the prior 12 months ($1.09M). With about 7 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level fgc closed sales, 12-month windows ending July 29. Confidence: Low (3 and 5 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 29, 2026 · Live data: fgc, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Jasmine Bay South market snapshot (as of July 29, 2026): the median sale price is about $660K ($374 per sq ft over the trailing 12 months of closed sales), and a median 165 days on market for closed sales. The trailing-12-month median is down 39% from the prior 12 months, computed from record-level fgc closed sales (3 closings in the current window).

Jasmine Bay South is a condominium community in Estero, Lee County, currently showing a slow, low-volume resale market with pricing that has moved down significantly from a year ago.

Best for

  • A buyer with flexible timing who can wait out a slow-moving market for the right unit.
  • A buyer focused on condition and value per square foot rather than chasing the lowest possible entry price.
  • A buyer comfortable negotiating without a deep bench of recent comparable sales to lean on.

Probably not for

  • A buyer who needs a quick close and a high-certainty timeline.
  • A buyer who wants confirmed on-site amenities before committing, since current MLS listings do not detail them.
  • A buyer uncomfortable with pricing uncertainty in a market showing a steep year-over-year decline.

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending July 29 of each year, from record-level fgc closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($660K) IS the median in the snapshot above, and the move from 2025 ($1.09M) IS the -39.2% one-year change.

Windows contain 0 to 17 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$600K$800K$1M2014201620182020202220242026
Down 39.2% year over year.
Every sale since 2013 · price vs size
$0$1M$2M2k3k4k
103 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$300$400$5002014201620182020202220242026
Up from $292 in 2013 to a $511 peak in 2022; $374 now.
Median days on market · closed sales
01002014201620182020202220242026
0 days at the 2022 low; 165 now.
Sale price vs original ask · median
85%90%95%100%2014201620182020202220242026
85.4% now vs Lee 93.1%.
Homes sold per 12-mo window
0510152014201620182020202220242026
0 to 17 a year; 3 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201620182020202220242026
91 at the 2022 peak, 9 in the troughs, 9 now. Same score as the hero card, full history.
How much local inventory is already under contract

22% of homes for sale in ZIP 33928 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-07-18).

If we were buying in Jasmine Bay South today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Jasmine Bay South.

Best Buy
Buyers comfortable doing unit-level diligence in a market with limited recent comps.
Biggest Risk
A thin closings sample means the posted median may not hold as a reliable benchmark.
Sweet Spot
Buyers prepared for a longer timeline, given a median days-on-market well past five months.
Avoid If
You need a fast, predictable transaction or a large set of recent comparables to feel confident on price.

A market thin on data, heavy on negotiation room

With just three closings feeding the current window, Jasmine Bay South is not a market where you can lean on a deep comp set. The median price of $660,000 and per-square-foot figure near $374 are useful as a baseline, but each individual listing needs its own evaluation — floor plan, view, finish level, and condition will move the number more than any community-wide trend at this volume.

The 165-day median days-on-market figure is the more telling data point. It signals buyers are taking their time, and sellers who are moving are likely doing so at negotiated terms rather than list price. Combined with a year-over-year decline of nearly 40%, this reads as a market that has repriced downward and is still settling — not one in active free-fall, but not one where sellers hold pricing power either.

The location and the amenities are priced into every listing in Jasmine Bay South. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin on closings, generic pricing tools and community-wide averages are close to useless — you need someone pulling the actual unit-level comps, tracking what is currently sitting versus what is genuinely moving, and negotiating from that specific picture rather than a median. That is the work we do before we ever talk price with you.

Jasmine Bay South in 15 seconds.

Best forBuyers comfortable doing unit-level diligence in a market with limited recent comps.
Biggest advantageCurrent pricing reflects a notable pullback from a year ago, creating room to negotiate.
Biggest riskA thin closings sample means the posted median may not hold as a reliable benchmark.
Sweet spotBuyers prepared for a longer timeline, given a median days-on-market well past five months.
Avoid ifYou need a fast, predictable transaction or a large set of recent comparables to feel confident on price.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Jasmine Bay South sales matched to your home.

What is your Jasmine Bay South home worth?

Get a no-obligation home value based on real comparable sales in Jasmine Bay South, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Jasmine Bay South on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Jasmine Bay South?
The median sale price in Jasmine Bay South was $660K over the 12 months ending July 29, 2026 (3 closed sales, fgc).
How long do homes in Jasmine Bay South take to sell?
Homes that closed in the 12 months ending July 29, 2026 took a median 165 days on market (3 sales, fgc).
Do cash buyers compete in Jasmine Bay South?
Cash buyers took 67% of Jasmine Bay South sales in the 12 months ending July 2026 (2 of 3 closings, fgc).
Who is the best real estate agent for Jasmine Bay South?
The best agent for Jasmine Bay South is one who actively works Estero and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Jasmine Bay South.
How do I find a top Estero real estate agent who knows Jasmine Bay South?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Jasmine Bay South and the wider Estero area.
Can Momentum Realty connect me with an agent for Jasmine Bay South?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Jasmine Bay South purchase or sale - no call center and no pressure.
A buyer with flexible timing who can wait out a slow-moving market for the right unit.Excellent fit
A buyer focused on condition and value per square foot rather than chasing the lowest possible entry price.Excellent fit
A buyer comfortable negotiating without a deep bench of recent comparable sales to lean on.Excellent fit
A buyer who needs a quick close and a high-certainty timeline.Probably not
A buyer who wants confirmed on-site amenities before committing, since current MLS listings do not detail them.Probably not
A buyer uncomfortable with pricing uncertainty in a market showing a steep year-over-year decline.Probably not

Data sources & freshness

Community market statsfgc closed sales, 12-month windows ending July 29, 2026
Under-contract sharesfgc records, as of 2026-07-18
Historical depthClosed-sale records back to 2013 (103 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of fgc records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the fgc member average and 8 days faster, and we’ll price yours against live your area comps.

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