|Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for May 2020|
Closed Home Sales Down in April 2020
• Year-over-year sales were down double-digit points for singlefamily and townhouse/condominium properties versus April 2019 amid the COVID-19 pandemic.
FORT MYERS, Fla. – Lee County’s housing market saw a double-digit decrease in closings in both the single-family and townhouse/condominium categories in April, compared to the same period a year ago. Year-over-year, sales were down by 14.1% for single-family and 31.2% for townhouses and condominiums, according to figures just released by Florida Realtors®, an umbrella organization for Realtor® groups throughout the state.
April continued to show a median sale price increase of 3.2% for single-family and 9.8% in the townhouse/condominium category. Inventory is significantly down for both. Year-over-year, local inventory of single-family dwellings is down at 22.9 % as shown in active listings. A 4.3 -month supply of inventory shows the market shifting into a sellers’ market.
In the townhouse/condominium category, listings were down 21.1% versus March 2019. That translates to a 5.1-month supply, shows a balanced market.
Time spent on the market in April was shortened to just 48 days for single-family homes and 45 days for townhouses and condominiums. April 2019 showed 71 days for single-family and 77 days for townhouses and condominiums. This is another indication that we are in a sellers’ market.
Broken down by city, single-family homes all of the cities showed a decrease in sales, with the exception of Estero, which had a 7.7% over last year. Pine Island and Fort Myers saw the largest decrease in sales with a 34.8% and 24.8%. single-family homes sold with 109 closed sales. Fort Myers Beach posted a 24.8% decrease in median price compared to last year.
When looking at closed sales by price point, all single-family were affected by the decrease in sales. The lower price points showed the highest decrease, in both single-family and for townhouses and condominiums. Townhouses and condominiums priced at $1 million or more did show an a 12.5% gain.
SOURCE: Royal Palm Coast Realtor Association
|Below are highlight properties for Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for May 2020. See more at the full report:|
|See the Full Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for May 2020|
|Information valid as of May 21, 2020. Please contact us for the most current information and status of these properties.|
18597 Ocala Road, Fort Myers, FL
$ Click for current price
3 BEDROOMS | 2 Baths (2 full ) BATHROOMS | 1398 SqFt
Not working with a real estate agent?
Then call us to get a $2,000 bonus if we show you and you buy this home. *See terms below.
New! New! New! You will be blown away as you step into this completely remodeled sanctuary. Luxury finishes abound from the Beautiful granite counter tops all the way down to the Mohawk luxury plank flooring. The bathrooms feature designer vanities with quartz tops, streamline Delta faucets and even deluxe low profile one piece toilets. Don’t forget the new lighting fixtures and even a new epoxy finish on the garage floor. Every surface both inside and out has been freshly painted. Nothing left to do but enjoy your new surroundings. To top it all off you can enjoy that morning coffee from your air conditioned Florida room or go out to the patio and completely fenced in backyard. This exquisite home is within walking distance to Three Oaks Middle School, 7-11, and Winn Dixie Supermarket. San Carlos Park is an ultra convenient location close to Gulf Coast Town Center, Southwest Florida International Airport, FGCU, schools and I-75 access. Call today to see this charming, newly transformed home.
*$2,000 offer only available to purchasers not under contract with a real estate agent. Offer available for the purchase of this home only and valid if shown and bought through the listing agent.
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