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The Southwest Florida housing market is transitioning from a hot seller’s market to a more balanced one. Here’s a breakdown: Sales: Compared to the crazy years of 2020-2022, sales are down a bit, but they’re catching up to the pre-boom levels. Think of it as a cool down, not a freeze. February sales were just 2% […]
Quick Market Overview: What’s Happening in Southwest Florida? As of early February 2024, a whopping 16,078 properties are up for grabs in Southwest Florida, offering a diverse range for potential buyers. Fort Myers, in particular, leans toward a buyer’s market. This means there’s an abundance of homes available relative to the number of buyers. For savvy buyers, this situation […]
The highlights for November were inventory and the median price. Inventory ended the month at 1,038, the first time it’s been above 1,000 units since November of 2020. As for the median price, it’s still holding in pretty much the same range since April of 2022. While showing an increase from last November, new […]
The average selling price for the 12 months leading up to March 31, 2023, was $801,702, up 20% from the previous 12-month period when the average selling price was $670,142. In the 12 months leading up to March 31, 2023, closed sales decreased by 30% from the previous year, dropping from 36,886 to 25,837. Meanwhile, […]
Call with All Real Estate Questions Phone: (239) 822-5763/Text Stephanie Wilfong Bestfortmyersrealestate.com Contact John for Home Mortgages Senior Mortgage Loan Officer John Castilone P: (239) 900-5209 E: jcastilone@bayeq.com Selling your home in a post-pandemic world Higher home prices combined with ballooning mortgage rates have made home selling a greater challenge in the post-pandemic […]
Real Estate Fort Myers is a popular destination for those looking to purchase a home, whether as a permanent residence or as a vacation property. Located on the Gulf Coast of Florida, Fort Myers offers beautiful beaches, a thriving arts scene, and a variety of outdoor activities. If you’re considering buying a house in Fort […]
August 2022 Market Report
What is Going to Happen 2nd Half 2022 Real Estate Market? Here is what the experts say about the 2022 real estate market. The number of homes for sale is increasing. That’s partly due to more homeowners listing their homes, but also because higher mortgage rates have helped ease the intensity of buyer demand. Moderating […]
A couple are now on a long legal road after their insurance company refused
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In response to the Fort Myers Beach Town Council’s letter to FEMA looking f