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

Wed Jul 15 2020
This week the median list price for Fort Myers Beach, FL is $769,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 79. 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 Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Fort Myers Beach, FL

Wed Jul 15 2020
This week the median list price for Fort Myers Beach, FL is $769,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 79. 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 Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Fort Myers Beach market.
Median List Price $769,000
Per Square Foot $423
Days on Market 262
Price Decreased 24%
Price Increased 1%
Relisted 8%
Inventory 79
Median Rent $2,500
Most Expensive $4,300,000
Least Expensive $179,500
Market Action 28
Slight Buyer'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
$2,155,000 3,392 0.25 - 0.5 acre 4 5 13 0 1 355
$964,000 2,081 8,000 - 10,000 sqft 3 3 42 1 2 375
$593,500 1,570 8,000 - 10,000 sqft 3 2 49 3 0 190
$374,000 1,071 4,500 - 6,500 sqft 2 2 50 0 4 131