$10,000 Closing Credit*
$950,000
1,235 SqFt
2 Beds
•2 Full Baths
Cinda Layton, Listing Office: Florida Complete Realty
Is Fort Myers Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Fort Myers Beach has remained a Buyer's Market.
Key Takeaway
Fort Myers Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fort Myers Beach, FL
How much do homes in Fort Myers Beach, FL cost?
Median Sold Price
$530,000
$459/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
-$130,000(-19.7%)
Key Takeaway
Homes in Fort Myers Beach have sold for 19.7% less than they did a month ago.
Summary: The median home sold price in Fort Myers Beach was $530,000 in September 2024, down 19.7% from last month, and the median price per square foot was $459.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $317K | N/A |
| 2 Bedrooms | $495K | $495K | 0.0% |
| 3 Bedrooms | $685K | $1.0M | +47.4% |
| 4 Bedrooms | $6.1M | - | N/A |
| 5+ Bedrooms | $755K | - | N/A |
Summary: Fort Myers Beach housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 47.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Fort Myers Beach | $660K | $530K | -19.7% |
| Estero Island | $755K | $540K | -28.5% |
Housing Supply in Fort Myers Beach, FL
How many homes are available in Fort Myers Beach, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 342 | 371 | +8.5% |
Summary: The Fort Myers Beach real estate market had 371 homes for sale in September 2024, a 8.5% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 35 | 37 | +5.7% |
| 2 Bedrooms | 148 | 157 | +6.1% |
| 3 Bedrooms | 96 | 108 | +12.5% |
| 4 Bedrooms | 43 | 46 | +7.0% |
| 5+ Bedrooms | 20 | 23 | +15.0% |
Summary: The Fort Myers Beach housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.7%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 16 | 19 | +18.8% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Myers Beach, you may be able to get a good deal. 89.5% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Fort Myers Beach in September 2024, up by 18.8% month-over-month. Of the 19 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.
Days on Market for Fort Myers Beach, FL
How long does it take to sell a home in Fort Myers Beach, FL?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 106 Days | 78 Days | -25.8% |
Summary: Homes in Fort Myers Beach had an average of 78 days on market in Sep 2024, down by 25.8% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fort Myers Beach has remained consistent over time.
Summary: During September 2024, 19 homes were sold in Fort Myers Beach; 26% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
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