February Market Report Fort Myers FL + Naples FL

February Market Report Fort Myers FL + Naples FL

Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for February 2020

Closed Sales Up Double Digits Again for January!

(Fort Myers, FL –February 21, 2020) – Lee County’s housing market saw a double digit increase in both Single Family and Townhouse and Condos for closed sales compared to January 2019, according to the latest statistics just released by Florida Realtors®. Year-over-year, sales were up by 25.37% for Single Family and a 15.9% change for Townhouse and Condos.

January also showed a Median Sale price increase at 2.1% for Single Family, and 8.2% for Townhouse and Condos. Inventory is down for both. Year-over year, Single Family is at -22.3% in Active Listings, showing a 4.7 Months Supply of Inventory. Townhouses and Condos is at -24.4% in Active Listings, showing a 5.3 Months Supply of Inventory, year-over-year. The time properties spent on the market in January, was 58 Days for Single Family Homes and 64 days for Townhouses and Condos.

Broken down by cities, Single Family in Fort Myers Beach saw the largest increase with a jump up in sales of 260% over last year, with 18 closed sales compared to 5 in January 2019. Sanibel/Captiva also saw a nice increase of 90% for Single Family Homes sold with 19 closed sales. Fort Myers also posted a 40.8% increase in Single Family compared to last year. Bonita Springs is the only city that posted a decrease of -13.6%.

When looking at Closed Sales by Price Point, most price points were up. The $50,000-$149,999 price point is the only range that showed a decrease. The strongest increase came at the $600,000-$999,999 price point with 84.2%.

SOURCE: Royal Palm Coast Realtor Association

 

Luxury Home Buyers are Back! January Home Sales Set the Stage for Solid 1st Quarter

Naples, Fla. (February 21, 2020) – Despite a tug on inventory that resulted in a 26 percent decrease to 5,761 properties in January 2020 compared to 7,773 properties in January 2019, overall closed sales in Collier …

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Below are highlight properties for Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for February 2020. See more at the full report:
Market Report VIDEO Highlights Photos Schools Virtual Tour
Status: Active
3752 Kent Drive, Naples, FL
$499500
3 BEDROOMS
3 BATHROOMS [ 3 FULL ]
LISTING MLS ID: 220001556

Status: Active
11326 Hidalgo Ct, Fort Myers, FL
$509900
3 BEDROOMS
3 BATHROOMS [ 3 FULL ]
LISTING MLS ID: 220008434

Status: Active
21347 Estero Palm Way, Estero, FL
$447900
3 BEDROOMS
3 BATHROOMS [ 2 FULL, 1 HALF ]
LISTING MLS ID: 219082795

Status: Active
970 Cape Marco Dr. #2303, Marco Island, FL
$5495000
5 BEDROOMS
5 BATHROOMS [ 4 FULL, 1 HALF ]
LISTING MLS ID: 220003760

Status: Active
9520 Monteverdi Way, Fort Myers, FL
$749900
3 BEDROOMS
4 BATHROOMS [ 3 FULL, 1 HALF ]
LISTING MLS ID: 219066784

Status: Under Contract
1487 Cambridge Lane, Fort Myers, FL
$259900
4 BEDROOMS
2 BATHROOMS [ 2 FULL ]
LISTING MLS ID: 220008630

Status: Active
14885 Donatello Ct, Bonita Springs, FL
$369900
3 BEDROOMS
3 BATHROOMS [ 2 FULL, 1 HALF ]
LISTING MLS ID: 219061738

See the Full Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for February 2020
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Brad and Dick Dohack
Gulf Pointe Properties
239-839-1168
brad@gulfpointeproperties.com
Information valid as of February 20, 2020. Please contact us for the most current information and status of these properties.

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