Winter 2012 Market Update
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Average Home Price $350,000 - View Graph Trend
Average Price Compared to Last Year No Change
Average Time on Market 90-120 days
Best Selling Price Range$250,000 - $299,000
Worst Selling Price Range$750,000 - $799,000
Prices As % of Asking Price 90-95%
Existing Home Prices for the past 90 days are?No Change
Market Trend Decreasing
Buyers’ or Sellers’ Market More buyers than sellers
Buyer Activity for the past 90 days in Fort Myers Beach isIncreasing
Seller Activity for the past 90 days in Fort Myers Beach is?No Change
Multiple Offers?No
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?5-10%
Is Financing Available For Qualified Buyers?Yes
Comments on Financing For Qualified BuyersIf you can qualify, now is an exceptional time to buy a home in Fort Myers Beach. Low rates with falling home prices makes a home purchase a great value!
Housing Inventory Good supply - Some Prices
Inventory CommentsThis area has not been hit with as many Short Sales or Bank Foreclosures as in surrounding areas.
Greatest Activity Investors
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in Fort Myers Beach!
Nearest Metro AreaFort Myers
Housing Hot SpotsMost cities within the Lee County area are considered ’Housing Hotspots’
Average Sold Price $350,000 - View Graph Trend

Fort Myers Beach Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Dagmar Seibert
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Mortgage Rates
– Feb 23rd, 2012 –
---------------------------------
 30 yr. fixed rate:     3.90%
 15 yr. fixed rate:     3.17%
  30 yr. jumbo rate:  4.68%
  15 yr. jumbo rate:  3.96%

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Dagmar Seibert
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Dagmar Seibert
Power Media Brokers Inc.
Power Media Brokers Inc.

  239-265-5755




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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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