How's the Real Estate Market??

North Fort Myers, FL

Single-Family Homes

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



North Fort Myers, FL

Wed Jul 15 2020
This week the median list price for North Fort Myers, FL is $179,900 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has held steady at or around 219. Click here to stay informed with the North Fort Myers market!

Market Action Index

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

Slight Seller's Advantage

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.

North Fort Myers, FL

Wed Jul 15 2020
This week the median list price for North Fort Myers, FL is $179,900 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has held steady at or around 219. Click here to stay informed with the North Fort Myers market!

Market Action Index

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

Slight Seller's Advantage

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 North Fort Myers market.
Median List Price $179,900
Per Square Foot $128
Days on Market 124
Price Decreased 34%
Price Increased 3%
Relisted 8%
Inventory 219
Median Rent $1,895
Most Expensive $1,450,000
Least Expensive $59,900
Market Action 36
Slight Seller's Advantage

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
$384,250 2,393 0.25 - 0.5 acre 3 3 16 2 6 115
$229,900 1,696 6,500 - 8,000 sqft 3 2 29 7 6 121
$142,500 1,200 6,500 - 8,000 sqft 2 2 41 4 7 142
$82,900 1,012 4,500 - 6,500 sqft 2 2 42 4 7 116