Fort Myers Beach, Florida Real Estate: Mid Year 2010 Sales Report
Posted by Benjamin Dona on Friday, August 27th, 2010 at 9:55pm.
The mid year 2010 Ft. Myers Beach real estate market statistics for both home and condominium sales are listed below. Ft. Myers Beach is the "happening" locale on Southwest Florida's Lee Island Coast. Ft. Myers Beach offers every amenity you can imagine- from seven miles of wide sandy beaches, golf, boating, fishing and more than anything else - relaxing. The Beach, as its known, is eclectic and diverse. It draws visitors from all over the world and you'll find all sorts of folks from generations of families to Easter Break kids. There's nothing else quite like it anywhere in Southwest Florida.
Fort Myers Beach Real Estate Sales Data
Fort Myers Beach Home Sales Mid Year 2010*:
- 64 Closed Sales (59 in 2009)
- Average Sales Price - $449,949
- Median Sales Price - $375,000
- Average Days on Market - 129
- Average Sales Price/Square Foot - $264.80
- The list to sales price average was 90.9%.
Fort Myers Beach Condominium Sales Mid Year 2010*:
- 193 Closed Sales (126 in 2009)
- Average Sales Price - $335,173
- Median Sales Price - $300,000
- Average Days on Market - 190
- Average Sales Price/Square Foot - $308.29
- The list to sales price average was 91.3%.
In comparison with 2009 sales data, we saw a 8% increase in the number of home sales and a 53% increase in the number of condominium sales. We also have seen a 9% increase in the average price for homes and a 7% decrease in the average price for condominiums. Average days on market fell by 23% for homes and rose 6% for condominiums.
The city offers a wide variety of living options and price ranges. And, because Ft. Myers Beach is an island resort destination, it is a highly desirable place to live. A mistake many potential buyers make is to think they could not possibly afford to purchase a property on The Beach. The reality is another matter all together. For example, there are over 80 Ft. Myers Beach condominiums for sale under $250K and over 50 Ft. Myers Beach homes for sale under $400K.
So, if you would like to explore more of what Ft. Myers Beach real estate market has to offer, please contact us and we'd be happy to assist you.
*Sales Data from SWFL and Nabor MLS.
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