Ft. Myers Beach, Florida Real Estate Sales Report for 2007

The 2007 Ft. Myers Beach real estate sales statistics for both homes and condominiums are listed below. Ft. Myers Beach is the "happening" locale on Southwest Florida's Lee Island Coast. Ft. Myers Beach offers every amenity you can imagine- from seven miles of wide sandy beaches, golf, boating, fishing and more than anything else - relaxing. The Beach as its known, is eclectic and diverse. It draws visitors from all over the world and you'll find all sorts of folks from generations of families to Easter Break kids.

Dotting the Gulf side of the island you'll find high and mid rise condos, lavish mansions, and Key West style residences. On the Bay side you can find every type of home you could wish for – snug bungalows, stilted clapboards, and charming new architecturally pleasing designed condominiums. Many of the Beachs' properties feature deeded docks, but for those that don't, numerous marinas are close by providing everything a boating enthusiast could need. So, if you are looking for a place to escape the cold winter weather, The Beach offers something for everyone.

Ft. Myers Beach Sales Data

Ft. Myers Beach Home Sales 2007*:

• 71 Closed Sales
• Average Sales Price - $669,995
• Median Sales Price - $501,500
• Average Days on Market - 132

Ft. Myers Beach Condominium Sales 2007*:

• 132 Closed Sales
• Average Sales Price - $517,597
• Median Sales Price - $488,750
• Average Days on Market - 163

In comparison with 2006 sales data, we've seen a 9% decrease in the average price for homes and a 8% decrease in the average price for condominiums. Average days on market rose by 8% for homes and 48% for condominiums.

Because Ft. Myers Beach is an island resort destination, it is a highly desirable place to live. A mistake many potential buyers make is to think they could not possibly afford to purchase a property on Ft. Myers Beach. The reality is another matter all together. The city offers a wide variety of living options and price ranges. For example, there are over 57 condominiums currently on the market for under $350K and over 35 homes for under $400K.

 So, if you would like to explore more of what the Ft. Myers Beach Real Estate market has to offer, please contact us at Gulf Coast Associates, Realtors® and we'll be happy to assist you.

*Sales Data Statistics from NABOR & SWFL MLS

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