Housing Stats and Charts
Sales of existing homes in the Greater Fort Myers are were up an astounding 181.7% in December, with a total of 1034 properties sold versus 367 during December '07. Short Sale and bank owned properties continue to influence market prices, as the median price dropped to $97,750, which is below 2003 levels.
10,326 single-family homes were listed for sale in the Greater Fort Myers area during the month of December, with an estimated 8.8 month supply of inventory - this is in sharp contrast to a year ago when the inventory supply was nearly 23 months. Sales activity remained steady at year end with 8,768 single family homes sold in 2008, an increase of 86% versus the prior year.
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