Ft. Myers Real Estate Sales Update - January to September 2008
Posted Dec 8, 2008 @ 3:12 pm, Viewed by 1116 Visitors, Read 1158 Times.The January thru September Ft. Myers real estate market statistics for both home and condominium sales are listed below. Now a blend of young and old, Ft. Myers is known for its fabulous weather and is a city bustling with historical, cultural, and ecological attractions that draws both visitors and residents from around the world.
Ft. Myers Sales Data
Ft. Myers Home Sales January-September 2008*:
- 1180 Closed Sales
- Average Sales Price - $346,932
- Median Sales Price - $192,000
- Average Days on Market - 122
- Average Sales Price/Square Ft. - $150.20
Ft. Myers Condominium Sales January-September 2008*:
- 939 Closed Sales
- Average Sales Price - $210,207
- Median Sales Price - $159,000
- Average Days on Market - 137
- Average Sales Price/Square Ft. - $131.18
In comparison with 2007 sales data, we saw a 14% increase in the number of home sales and a 5% increase in the number of condominium sales. We also have seen a 13% decrease in the average price for homes and a 14% decrease in the average price for condominiums. Average days on market rose by 11% for homes and by 7% for condominiums.
The city offers a wide variety of living options and price ranges. For example, there are well over 1,100 condominiums currently on the market for under $250K and over 1,250 homes for under $350K. Many of the more well known communities like Paseo, Renaissance and The Plantation have some really well priced homes or condominiums available.
So, if you would like to explore more of what the Ft. Myers real estate market has to offer, please contact us at Gulf Coast Associates, Realtors and we'd be happy to assist you. Call us at 888-617-3674.
*Sales Statistics for Ft. Myers Proper Only
Data from SWFL and NABOR MLS
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Gulf Coast Associates is a private real estate firm specializing in SW Florida Real Estate. Benjamin Dona is the Broker-Owner. He and his wife Terry, an underwriter with 20 years experience, also own a federally-regulated mortgage banking firm, Metro Mortgage Company.
Originally from Saint Louis, Missouri we've lived and worked from our base in Bonita Springs since 1997. Read More
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