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

Sun May 29 2022
This week the median list price for North Fort Myers, FL is $502,000 with the market action index hovering around 78. This is less than last month's market action index of 80. Inventory has decreased to 62. 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 appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

North Fort Myers, FL

Sun May 29 2022
This week the median list price for North Fort Myers, FL is $502,000 with the market action index hovering around 78. This is less than last month's market action index of 80. Inventory has decreased to 62. 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 appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the North Fort Myers market.
Median List Price $502,000
Median Price of New Listings $407,500
Per Square Foot $293
Average Days on Market 50
Median Days on Market 28
Price Decreased 39%
Price Increased 6%
Relisted 3%
Inventory 62
Median Rent
Market Action 78
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$999,990 2,611 0.25 - 0.5 acre 3 3 27 2 1 56
$599,997 1,724 0.25 - 0.5 acre 3 2 48 5 0 14
$417,000 1,545 0.25 - 0.5 acre 3 2 38 7 5 7
$292,250 1,176 8,000 - 10,000 sqft 2 2 40 8 4 45