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 06 2022
This week the median list price for North Fort Myers, FL is $525,000 with the market action index hovering around 62. This is less than last month's market action index of 70. Inventory has increased to 99. 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.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

North Fort Myers, FL

Wed Jul 06 2022
This week the median list price for North Fort Myers, FL is $525,000 with the market action index hovering around 62. This is less than last month's market action index of 70. Inventory has increased to 99. 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.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the North Fort Myers market.
Median List Price $525,000
Median Price of New Listings $507,250
Per Square Foot $297
Average Days on Market 43
Median Days on Market 21
Price Decreased 47%
Price Increased 1%
Relisted 1%
Inventory 99
Median Rent
Market Action 62
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$837,450 2,258 2.5 - 5 acres 3 2.3 32 3 4 21
$599,900 1,754 0.25 - 0.5 acre 3 2 46 3 1 28
$429,000 1,662 0.25 - 0.5 acre 3 2 31 5 6 14
$239,900 1,020 8,000 - 10,000 sqft 3 2 42 3 7 21