Is Fort Myers Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Myers Beach is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Fort Myers Beach has remained a Seller's Market.

Key Takeaway

Fort Myers Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Fort Myers Beach, FL cost?

Median Sold Price

$658,750

$567/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$130,750(+24.8%)

Key Takeaway

Homes in Fort Myers Beach have sold for 24.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $300K$359K
+19.7%
2 $469.9K$600K
+27.7%
3 $624.9K$860K
+37.6%
4 $699.9K$1.1M
+59.2%
5+ $1.0M$1.8M
+80.0%

Median Sold Price Compared To Nearby Cities

Bonita Springs
+46.3%
Fort Myers Beach
+24.8%
Estero Island
+24.3%

How many homes are available in Fort Myers Beach, FL?

Number of Homes For Sale

Apr 2022May 2022%
189160-15.3%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 2917
-41.4%
2 7771
-7.8%
3 5948
-18.6%
4 1414
0.0%
5+ 1010
0.0%

Number of Homes Sold

Apr 2022May 2022%
5838-34.5%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Myers Beach, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

May 2021May 2022%
35 Days20 Days-41.5%

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fort Myers Beach are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Fort Myers Beach, FL

Fort Myers Beach, FL has 160 homes for sale to choose from. In May 2022 in Fort Myers Beach, FL there were 15.3% less homes for sale than in April 2022. In May 2022 median list price was $658,750 and the average listing age was 20 days. Listing prices have changed in this real estate market between April 2022 and May 2022: the cost of 1 bedroom properties went up by 19.7%, prices of 2 bedrooms properties went up by 27.7%, 3 bedrooms properties prices increased by 37.6%, prices of 4 bedrooms properties went up by 59.2%, prices of 5 bedrooms properties increased by 80%. Housing inventory have changed in this real estate market: 1 bedroom homes became 41.4% less available, the quantity of 2 bedrooms homes went down by 7.8%, the quantity of 3 bedrooms homes went down by 18.6%, volume of 4 bedrooms homes stayed the same, 5 bedrooms homes did not move. In May 2022, from all listings sold in Fort Myers Beach, FL there were more than 11 sold above asking price, over 19 sold below and more than 8 were sold right at the asked price.

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