Southwest Florida Market Insights

Fort Myers, FL

Condos/Townhomes

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Fort Myers, FL

Sat Jul 05 2025
This week the median list price for Fort Myers, FL is $280,000 with the market action index hovering around 26. This is less than last month's market action index of 27. Inventory has held steady at or around 2,068. Click here to stay informed with the Fort Myers market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Fort Myers, FL

Sat Jul 05 2025
This week the median list price for Fort Myers, FL is $280,000 with the market action index hovering around 26. This is less than last month's market action index of 27. Inventory has held steady at or around 2,068. Click here to stay informed with the Fort Myers market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Fort Myers market.
Median List Price $280,000
Median Price of New Listings $240,000
Per Square Foot $206
Average Days on Market 173
Median Days on Market 126
Price Decreased 45%
Price Increased 2%
Relisted 7%
Inventory 2,068
Median Rent
Market Action 26
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
$459,900 1,791 4,500 - 6,500 sqft 3 2 21 2 13 126
$319,900 1,499 4,500 - 6,500 sqft 2 2 21 9 14 126
$245,000 1,238 4,500 - 6,500 sqft 2 2 33 11 17 133
$169,999 1,002 4,500 - 6,500 sqft 2 2 42 13 22 126