Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for September 2016: SWFL Market Update

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swfl-september-2016-market-update

Active Listings on the Rise; Inventory up from 2015

(Fort Myers, September 22, 2016) – Active Listings rose in August for Single Family Homes and Condos in the Lee County area. Inventory is also up over the last year, as well as final sale prices.

There was a sharp uptick in the number of Townhouses and Condos that hit the market in August, as compared to the same time in 2015. 2,724 units hit the market, a 41.4% increase year-over-year. Almost 700 more Single Family Homes were listed this August, a 16% increase from August 2015.

The Months Supply of Inventory is now sitting at 4.5 months, which is 21.6% more than the same time last year (3.7 months).

Prices continued to climb as well. In August, the Median Sale Price was $225,000, compared to $202,245 last year, a difference of more than 11%.

There was a significant rise in the number of Single Family Homes that sold in the $150,000-$199,999 range (41.4%). There was also a huge jump in million-dollar homes. 27 of them sold in August, an increase of 80%.

More than double the number of Single Family Homes for sale on Sanibel and Captiva sold in August (21 homes), compared to the same month last year (10 homes). Those homes sold for a Median Sale Price of $1,050,000, nearly 25% higher than 2015. Pine Island and North Fort Myers Single Family Homes also benefitted from higher list prices.

Media Contact: Laura Shay – laura@rpcra.org

Summer Activity Indicates Promising Season Naples, Fla.

(September 16, 2016) – The housing markets momentum continues to remain strong heading into fall. Upon reviewing the August 2016 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), NABOR® broker analysts cited several reasons why buyers and sellers can expect a promising winter season such as the inventory is continuing …

Click to see the full report

Below are highlight properties for Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for September 2016. See more at the full report:

Market Report VIDEO Highlights Maps & Local Schools
Status: Active
12183 Country Day Circle, Fort Myers, FL
$309,905
3 BEDROOMS
3 BATHROOMS [ 3 FULL ]
LISTING MLS ID: 216047206

Status: Active
9330 Vittoria Court, Fort Myers, FL
$949905
4 + Den BEDROOMS
5 BATHROOMS [ 4 FULL, 1 HALF ]
LISTING MLS ID: 216044125

Status: Active
9647 Hemingway Lane #3406, Fort Myers, FL
$152900
2 BEDROOMS
2 BATHROOMS [ 2 FULL ]
LISTING MLS ID: 216045132

Status: Active
13215 Silver Thorn Loop #207, North Fort Myers, FL
$158900
2 + Den BEDROOMS
2 BATHROOMS [ 2 FULL ]
LISTING MLS ID: 216046818

Status: Active
3417 Winkler Ave #602, Fort Myers, FL
$93900
3 BEDROOMS
2 BATHROOMS [ 2 FULL ]
LISTING MLS ID: 216045215

See the Full Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for September 2016

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Brad and Dick Dohack
Gulf Pointe Properties
239-839-1168
brad@gulfpointeproperties.com



Information valid as of September 21, 2016. Please contact us for the most current information and status of these properties.

 

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