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

Sat Oct 16 2021
This week the median list price for North Fort Myers, FL is $349,900 with the market action index hovering around 71. This is an increase over last month's market action index of 68. Inventory has decreased to 63. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

North Fort Myers, FL

Sat Oct 16 2021
This week the median list price for North Fort Myers, FL is $349,900 with the market action index hovering around 71. This is an increase over last month's market action index of 68. Inventory has decreased to 63. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the North Fort Myers market.
Median List Price $349,900
Median Price of New Listings $225,000
Per Square Foot $212
Average Days on Market 52
Median Days on Market 28
Price Decreased 38%
Price Increased 8%
Relisted 10%
Inventory 63
Median Rent $2,400
Market Action 71
Strong Seller's Market

While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. 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
$710,000 2,612 0.5 - 1 acre 3 2 22 0 2 63
$482,450 2,034 0.25 - 0.5 acre 3 2 41 4 5 14
$304,149 1,726 8,000 - 10,000 sqft 3 2 39 6 6 28
$182,450 1,065 6,500 - 8,000 sqft 2 2 51 7 8 21