Stacey Glenn

Fort Myers, FL

Single-Family Homes

Associate Broker, John R. Wood Properties



Fort Myers, FL

Sun Dec 03 2023
This week the median list price for Fort Myers, FL is $550,000 with the market action index hovering around 30. This is less than last month's market action index of 32. Inventory has increased to 1,360. Click here to stay informed with the Fort Myers market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Fort Myers, FL

Sun Dec 03 2023
This week the median list price for Fort Myers, FL is $550,000 with the market action index hovering around 30. This is less than last month's market action index of 32. Inventory has increased to 1,360. Click here to stay informed with the Fort Myers market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Fort Myers market.
Median List Price $550,000
Median Price of New Listings $507,950
Per Square Foot $286
Average Days on Market 92
Median Days on Market 63
Price Decreased 47%
Price Increased 2%
Relisted 8%
Inventory 1,360
Median Rent
Market Action 30
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,099,450 2,804 0.25 - 0.5 acre 4 3 18 21 6 56
$639,000 2,111 8,000 - 10,000 sqft 3 2 18 14 20 56
$481,957 1,789 8,000 - 10,000 sqft 3 2 20 22 11 70
$330,000 1,334 6,500 - 8,000 sqft 3 2 39 25 29 56