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
Fri Apr 23 2021
This week the median list price for Fort Myers Beach, FL is $999,900 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has held steady at or around 35.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $999,900 | |
| Per Square Foot | $625 | |
| Days on Market | 21 | |
| Price Decreased | 26% | |
| Price Increased | 3% | |
| Relisted | 3% | |
| Inventory | 35 | |
| Median Rent | $2,200 | |
| Most Expensive | $3,799,000 | |
| Least Expensive | $165,000 | |
| Market Action | 51 | |
| Strong Seller's Market | ||
This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general 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 |
|---|---|---|---|---|---|---|---|---|
| $3,537,500 | 2,611 | 0.25 - 0.5 acre | 4 | 4 | 43 | 0 | 0 | 59 |
| $1,750,000 | 2,360 | 0.25 - 0.5 acre | 3 | 2 | 44 | 3 | 2 | 21 |
| $599,900 | 1,260 | 6,500 - 8,000 sqft | 3 | 2 | 59 | 2 | 1 | 14 |
| $310,000 | 1,000 | 0 - 4,500 sqft | 2 | 1 | 50 | 3 | 1 | 14 |