Lee County Florida: Most recent PDGs

By
Services for Real Estate Pros with South West Florida Real Estate Investment Association

 

The good news?  1,126 PDG just since 9/1/09. 

The not-so-good news?  We're probably going to have to learn to fly by OJT.

The nice part?  This is when this SHOULD happen in a "balanced" cyclical tourist-driven market.  Last year was a shock to many, expected by few, received by all regardless of expectations.  It's why we call it "The Fall Season" in my world.

I'd expect these views to bring something like $120k avg / $81k Median as these come to closing (Sale$ vs. PDG @ List$). 

MTD September Avg Sale$ is $126k/$85k, with about half of September on the books.  That's UP from Aug ($122k/$83k), subject to change without prior notice (lag).  :)


The short look-back - PDG since 9/1/09, all Res:

Active: 0  Pending: 1126  Sold: 0  Other: 0  Total: 1126
   Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  DOM/CDOM
 Minimum  1   1.00   600   $4,900      0/0 
 Average  3   2.12   1,651   $119,583   $0   71/93 
 Median  3   2.00   1,574   $80,000   $0   28/32 
 Maximum  6   5.00   5,732   $2,000,000   $0   953/1248

Slightly longer look back (3/1/09 PDG):

 Active: 0  Pending: 2907  Sold: 0  Other: 0  Total: 2907
   Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  DOM/CDOM
 Minimum  1   1.00   600   $4,500      0/0 
 Average  3   2.16   1,687   $124,647   $0   78/103 
 Median  3   2.00   1,584   $84,900   $0   29/35 
 Maximum  6   6.00   5,732   $2,000,000   $0   1294/1294 
 Total Dollar Value           $0 

ALL PDG To Date:

 Active: 0  Pending: 3002  Sold: 0  Other: 0  Total: 3002
   Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  DOM/CDOM
 Minimum  1   1.00   420   $4,500      0/0 
 Average  3   2.15   1,684   $128,341   $0   79/104 
 Median  3   2.00   1,585   $85,000   $0   30/37 
 Maximum  6   8.00   7,199   $2,000,000   $0   1294/1294 
 Total Dollar Value           $0 

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Jeffrey Tumbarello

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