Ft. Myers Real Estate Sales Update - January to June 2009
Posted Jul 21, 2009 @ 2:51 pm, Viewed by 430 Visitors, Read 449 Times.The mid year Ft. Myers real estate market statistics for both homes and condominiums are listed below. Ft. Myers, known as the "The City of Palms", sits along the natural splendor and shoreline of the Caloosahatchee River and is renowned for its fabulous winter weather. The city is a metropolis bustling with historical, cultural, and ecological attractions and the downtown area is undergoing major renovations in order to keep up with its continuing growth.
Ft. Myers Sales Data
Ft. Myers Home Sales January-June 2009*:
- 4190 Closed Sales
- Average Sales Price - $113,355
- Median Sales Price - $59,900
- Average Days on Market - 44
- Average Sales Price/Square Ft. - $58.95
Ft. Myers Condominium Sales January-June 2009*:
- 1311 Closed Sales
- Average Sales Price - $147,587
- Median Sales Price - $111,000
- Average Days on Market - 123
- Average Sales Price/Square Ft. - $103.95
In comparison with 2008 sales data, we saw an unbelievable 254% increase in the number of home sales and a 53% increase in the number of condominium sales. We also have seen a 54% decrease in the average price for homes and a 36% decrease in the average price for condominiums. Average days on market fell by 75% for homes and by 11% for condominiums.
The city offers a wide variety of living options and price ranges and in many of the more well known communities like Gulf Harbour, Miromar Lakes and Paseo there are 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 Data includes all Ft. Myers Areas and Lehigh Acres
Statistics 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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