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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Lehigh Acres. Low rates with low home prices makes a home purchase a great value! Call now for more information at 239-634-6677
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| Average Home Price | $125,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 0-5% |
| Average Time on Market | 10-30 days |
| Best Selling Price Range | $100,000 - $149,000 |
| Worst Selling Price Range | $250,000 - $299,000 |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Lehigh Acres is | Increasing |
| Seller Activity for the past 90 days in Lehigh Acres is? | No Change |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | I have never seen so many offers on one house as in these times. Homes receive 10-20 offers easily if priced right |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | More than 50% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Inventory Comments | homes under $35 per sqft sell within short period of time |
| Greatest Activity | Investors |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Lehigh Acres! |
| Nearest Metro Area | Fort Myers |
| Housing Hot Spots | Most cities within the Lee County area are considered 'Housing Hotspots' Cape Coral, Lehigh Acres are the areas with best prices |
| Average Sold Price | $125,000 - View Graph Trend |
Lehigh Acres 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.
Click here for full article...
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.
Click here for full article...
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Mortgage Rates
– Feb 23rd, 2012 –
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30 yr. fixed rate: 3.90%---------------------------------
15 yr. fixed rate: 3.17%
30 yr. jumbo rate: 4.68%
15 yr. jumbo rate: 3.96%
Home Values
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