It's A Seller's Market In Fort Myers Florida | Full Market Update From Stacey Glenn

Описание: Single Family Homes: going under contract in 26 days (v 57 days during the same time last year). The # of sold homes is up 35% over last year, the available inventory of homes is down 53% and the median sales price is up 42% to $315,000 (from $262,000 this time last year).

Multi-Family (villas, condos, townhomes) have a similar story, but not quite as fierce in the numbers.... they're going under contract in 46 days (v 69 days during the same time last year). The # of sold units is up 35% over last year (same % as single-family) but the available inventory is only down 37% and the median sales price is only up 12% to $232,000 (from $207,500 this time last year.)

Keep in mind the lag in statistics being reported here by the news sources... the Realtor Association comes out with these figures on the third week of the month and compares the prior month's sales to the year prior... so these figures came out at the end of January and compare December 2020 to the prior year.

I've given out 20 personalized home valuations so far this year and in most cases, I found that the numbers have strengthened even more. Many single-family home communities have only 1 month's worth of homes for sale which is an extreme seller's market.

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