Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for February 2017: SWFL Market Update

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Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for February 2017
Some Positive News for Housing in January

(Fort Myers, FL – February 22, 2017) – 2017 started off with a lot of positives for the Lee County housing market. Closed Sales, Pending Sales, Sale Price were all up in January. However, there were some statistics that were in the green that indicate more of a buyers market, including Months Supply and Median Time to Contract.

Starting out the new year, the number of Closed Sales were up for both Single Family Homes (46 more, or a 6% increase) and Condos (29 more, or a 7.6% increase), compared to the same time last year. Median Sale Prices rose almost 8% for Single Family Homes, and stayed level for Condos. Pending Sales jumped more than 18% for Condos in January, while Single Family Homes stayed about flat.

The number of Active Listings skyrocketed for Condos in January. There were 3,589 Active Listings compared to 2,708 in 2016 – a jump of 32.5%. Active Listings for Single Family Homes jumped 12%. Contracts are taking longer, with a Median Time to Contract of 61 days last month, compared to 55 days in 2016.

The Months Supply of Inventory last month was more than 18% higher than it was in January 2016.

The cities with the biggest jump in the number of Single Family Home Closed Sales last month were Sanibel/Captiva (35.3%), Pine Island (25%), and Estero (31.4%). Fort Myers Beach closed sales dropped 60% year-over-year, but the current median price for a home on the beach is $1,795,000 – an increase of 211.6% compared to last year.

Media Contact: Laura Shay

January Home Sales Strong

Naples, Fla. (February 17, 2017) – The new year rebounded with a strong gust of activity in the Collier County real estate market. Increases in overall pending sales (homes under contract), overall closed sales and overall inventory indicate a strong season ahead. Broker analysts who …

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Below are highlight properties for Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for February 2017. See more at the full report:
Market Report VIDEO Highlights Maps & Local Schools
Status: Active
13215 Silver Thorn Loop #207, North Fort Myers, FL
LISTING MLS ID: 217001928

Status: Active
12451 Villagio Way, Fort Myers, FL
LISTING MLS ID: 216078206

Status: Active
15300 Bonefish Trail, Bonita Springs, FL
LISTING MLS ID: 217008051

Status: Active
28213 Islet Trail, Bonita Springs, Florida
LISTING MLS ID: 217007113

Status: Just Listed
3417 Winkler Ave #604, Fort Myers, FL
LISTING MLS ID: 217012284

See the Full Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for February 2017
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Brad and Dick Dohack
Gulf Pointe Properties

Information valid as of February 20, 2017. Please contact us for the most current information and status of these properties.

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