Foreclosures In Lee County

By
Real Estate Agent SL3287291

 

 

For the past several years, Foreclosures have been the big story in Florida and National Real Estate news.

As the market has been in the process of rebounding from the Market Crash we have seen changes in foreclosures.

 

In Florida, from April 2015 to April 2016, there were 41,435 fewer foreclosures. The inventory of foreclosed property is down 2.9% over the year. However, this is double the national average of 1.1%

In Lee county Florida as of 6/16/16 there are 129 properties listed on the MLS that are foreclosure properties.

 

It is often a misconception by Consumers that distressed properties are all in the low end price point.

 

Let's take a look at the Price Points of Foreclosed Properties in Lee County:

The range goes from $49,900 to $5,199,900.

 

By Price Point

$49,900 to $159,900 there are 33

$160,000 to $259,900 there are 38

$264,000 to $365,000 there are 25

$379,900 to $528,500 there are 19

$603,900 to $749,900 there are 6

$859,900 to $999,900 there are 4

$1,5888,000 to $5,199,900 there are 3

 

 

If you know Buyers who are looking for Foreclosures in Southwest Florida and they want to know more about Lee County properties, I would be glad to assist them.

There are still some great opportunities in Lee County.

 

Comments (6)

Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Good information by price point...most folks think they are all cheap to buy

Jun 15, 2016 11:51 PM
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Kristin Johnston, Waukesha County Realtor 414-254-6647 thanks for your comment. You are so right, many think only lower priced homes become distressed.

Jun 16, 2016 02:31 AM
Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thanks for taking the time to share this vital information.  It is very beneficial for all!  Have a wonderful day!

Jun 16, 2016 02:40 AM
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Jim Crawford I really appreciate your comment. I found the study of the market to be very eye opening for me and hopefully for others.

Jun 16, 2016 03:24 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good Morning John - you still have your share of foreclosed properties.  This could represent the right opportunity for people. 

Jun 21, 2016 02:06 AM
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Grant Schneider you are correct. This report only reflected Single Family homes.

There is opportunity in Southwest Florida.

Jun 21, 2016 02:18 AM