How's the Real Estate Market??

Fort Myers, FL

Single-Family Homes

Astrid Hartleb | 239-558-1130 | https://affinityswfl.com



Fort Myers, FL

Mon Jan 17 2022
This week the median list price for Fort Myers, FL is $499,999 with the market action index hovering around 68. This is about the same as last month's market action index of 68. Inventory has decreased to 250. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Fort Myers, FL

Mon Jan 17 2022
This week the median list price for Fort Myers, FL is $499,999 with the market action index hovering around 68. This is about the same as last month's market action index of 68. Inventory has decreased to 250. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Fort Myers market.
Median List Price $499,999
Median Price of New Listings $449,000
Per Square Foot $256
Average Days on Market 79
Median Days on Market 35
Price Decreased 25%
Price Increased 9%
Relisted 7%
Inventory 250
Median Rent $2,940
Market Action 68
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,470,000 3,426 0.5 - 1 acre 4 3.5 19 8 11 56
$641,825 2,191 0.25 - 0.5 acre 3 2.5 18 22 17 38
$395,000 1,690 8,000 - 10,000 sqft 3 2 29 17 23 28
$252,800 1,188 8,000 - 10,000 sqft 3 2 51 18 16 35