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 Oct 20 2021
This week the median list price for Fort Myers Beach, FL is $1,324,500 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has increased to 42. 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

Wed Oct 20 2021
This week the median list price for Fort Myers Beach, FL is $1,324,500 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has increased to 42. 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 $1,324,500
Median Price of New Listings $942,400
Per Square Foot $886
Average Days on Market 80
Median Days on Market 63
Price Decreased 17%
Price Increased 7%
Relisted 5%
Inventory 42
Median Rent $6,200
Market Action 36
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$3,770,000 2,699 8,000 - 10,000 sqft 4 4 16 0 0 98
$1,662,500 1,514 6,500 - 8,000 sqft 3 2 44 1 0 105
$1,099,000 1,221 6,500 - 8,000 sqft 3 2 51 2 0 63
$799,999 1,345 6,500 - 8,000 sqft 2 2 52 1 3 49