Ft. Myers Beach Real Estate Sales Update - January to June 2009
Posted Aug 15, 2009 @ 8:32 am, Viewed by 1838 Visitors, Read 1857 Times.
The mid year Ft. Myers Beach real estate market 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. There's nothing else quite like it anywhere in Southwest Florida.
Ft. Myers Beach, Florida Sales Data
Ft. Myers Beach Home Sales January-June 2009*:
- 59 Closed Sales
- Average Sales Price - $420,361
- Median Sales Price - $297,750
- Average Days on Market - 167
- Average Sales Price/Square Foot - $291.76
Ft. Myers Beach Condominium Sales January-June 2009*:
- 126 Closed Sales
- Average Sales Price - $380,647
- Median Sales Price - $325,000
- Average Days on Market - 194
- Average Sales Price/Square Foot - $310.55
In comparison with 2008 sales data, we saw a 16% increase in the number of home sales and a 10% increase in the number of condominium sales. We also have seen a 29% decrease in the average price for homes and a 16% decrease in the average price for condominiums. Average days on market rose by 14% for both homes and condominiums.
Because The 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 51 condominiums currently on the market for under $250K and over 43 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'd be happy to assist you. Call us at 888-617-3674.
*Sales Data 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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