How's the Real Estate Market??

Fort Myers, FL

Single-Family Homes

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



Fort Myers, FL

Wed Oct 20 2021
This week the median list price for Fort Myers, FL is $495,000 with the market action index hovering around 60. This is about the same as last month's market action index of 60. Inventory has decreased to 342. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Fort Myers, FL

Wed Oct 20 2021
This week the median list price for Fort Myers, FL is $495,000 with the market action index hovering around 60. This is about the same as last month's market action index of 60. Inventory has decreased to 342. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Fort Myers market.
Median List Price $495,000
Median Price of New Listings $395,000
Per Square Foot $243
Average Days on Market 82
Median Days on Market 35
Price Decreased 30%
Price Increased 8%
Relisted 4%
Inventory 342
Median Rent $3,500
Market Action 60
Strong Seller's Market

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$1,266,190 3,003 0.25 - 0.5 acre 4 3 18 7 12 70
$608,000 2,177 0.25 - 0.5 acre 3 2 15 21 14 35
$397,000 1,862 8,000 - 10,000 sqft 3 2 23 33 28 14
$237,400 1,219 8,000 - 10,000 sqft 3 2 53 30 23 24