Fort Myers Market Report

Buyer’s Market Shift

Is Fort Myers Now a Buyer’s Market?

📢 **Big news for the Fort Myers real estate market this month!** Inventory levels are rising, pending sales have surged, and mortgage rates have seen slight improvements. If you’ve been waiting for the right time to buy, this could be it!

Current Market Trends

✔ **Inventory Levels:** 10.39 months (Buyer's market confirmed!)
✔ **Median Sold Price:** $370,000 (⬇️ 1.3% month-over-month)
✔ **Days on Market:** 57 days (Slightly faster than last month)

New Listings in Fort Myers

🏡 **All Residential Properties:** 1,106 new listings (⬇️ 22.4% from last month)
💰 **Median List Price:** $392,950 (⬆️ 2.1%)
🏠 **Single-Family Homes:** 707 new listings (⬇️ 18%)
🔹 **Median List Price (SFR):** $475,000 (⬇️ 2.5%)

Pending Sales – Buyers Are Moving Quickly!

📈 **640 pending sales** across all properties (⬆️ 41% from January)
🔹 **Median Pending Price:** $369,000 (⬇️ 7.7%)
🏡 **Single-Family Homes Pending:** 414 properties (⬆️ 35.3%)
🔹 **Median Pending Price (SFR):** $449,000 (⬇️ 3.4%)

Closed Sales – What’s Selling?

✔ **Total Homes Sold (All Residential):** 385 closings (⬆️ 22%)
✔ **Median Sold Price:** $370,000 (⬇️ 1.3%)
✔ **Single-Family Homes Sold:** 258 closings (⬆️ 17%)
✔ **Median Sold Price (SFR):** $442,500 (⬆️ 1.