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Spring 2012 Market Update
Call now for more information at 239-265-5755
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| Average Home Price | $375,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 10-15% |
| Average Time on Market | 90-120 days |
| Best Selling Price Range | $350,000 - $399,000 |
| Worst Selling Price Range | $750,000 - $799,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Fort Myers Beach is | Increasing |
| Seller Activity for the past 90 days in Fort Myers Beach is? | Decreasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | When it’s a good property there are multiple offers. |
| 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 Buyers | If you can qualify, now is an exceptional time to buy a home in Fort Myers Beach. Low rates with desirable prices makes a home purchase a great value! |
| Housing Inventory | Limited Supply |
| Inventory Comments | This area has not been hit with as many Short Sales or Bank Foreclosures as in surrounding areas. |
| Greatest Activity | Investors |
| Reason to Buy/Sell | Fabulous Investment! Lower prices with good selection and competitive interest rates creates a perfect time to buy in Fort Myers Beach! The location is perfect... Fort Myers beach has so much to offer. |
| Nearest Metro Area | Fort Myers |
| Housing Hot Spots | Most cities within the Lee County area are considered ’Housing Hotspots’ |
| Average Sold Price | $375,000 - View Graph Trend |
Fort Myers Beach Local News
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
Contact Information
Dagmar Seibert
239-265-5755
Request More Information Let me answer your questions!
Ask Me!
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Mortgage Rates
– May 28th, 2012 –
---------------------------------
30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
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Request More Information Let me answer your questions! Ask Me!
Dagmar Seibert
Power Media Brokers Inc.
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 239-265-5755
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