How's the Real Estate Market??

Fort Myers Beach, FL

Single-Family Homes

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


Fort Myers Beach, FL

Thu Sep 16 2021
This week the median list price for Fort Myers Beach, FL is $1,322,500 with the market action index hovering around 40. This is less than last month's market action index of 42. Inventory has increased to 38. Click here to stay informed with the Fort Myers Beach market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Fort Myers Beach, FL

Thu Sep 16 2021
This week the median list price for Fort Myers Beach, FL is $1,322,500 with the market action index hovering around 40. This is less than last month's market action index of 42. Inventory has increased to 38. Click here to stay informed with the Fort Myers Beach market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Fort Myers Beach market.
Median List Price $1,322,500
Median Price of New Listings $584,500
Per Square Foot $867
Average Days on Market 68
Median Days on Market 53
Price Decreased 16%
Price Increased 11%
Relisted 3%
Inventory 38
Median Rent $5,300
Market Action 40
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$3,790,000 2,537 8,000 - 10,000 sqft 4 4 16 0 1 70
$1,550,000 1,750 8,000 - 10,000 sqft 3 2 44 0 2 98
$949,499 1,367 6,500 - 8,000 sqft 3 2 54 0 1 24
$477,000 1,210 8,000 - 10,000 sqft 2 2 52 2 2 21