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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Myers Shores is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

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

Median Sold Price

$393,333

$238/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$85,633(+27.8%)

Key Takeaway

Homes in Fort Myers Shores have sold for 27.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $235K$487.5K
+107.4%
2 $239K$360K
+50.6%
3 $314K$375K
+19.4%
4 $468.5K$610K
+30.2%
5+ $567.5K$825K
+45.4%

Median Sold Price Compared To Nearby Cities

Alva
+35.4%
Southwest Glades
+30.9%
Lehigh Acres
+30.1%
North Fort Myers
+29.5%
Fort Myers Shores
+27.8%

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

Number of Homes For Sale

Aug 2022Sep 2022%
10691-14.2%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 11
0.0%
2 2520
-20.0%
3 5754
-5.3%
4 1711
-35.3%
5+ 65
-16.7%

Number of Homes Sold

Aug 2022Sep 2022%
2018-10.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Myers Shores, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
8 Days35 Days+295.5%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fort Myers Shores 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 Shores, FL

Homes for sale in Fort Myers Shores, FL have reached 91. The number of homes for sale in Fort Myers Shores, FL decreased by 14.2% between August 2022 and September 2022. In September 2022, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $393,333. Listing prices have changed in this real estate market between August 2022 and September 2022: 1 bedroom properties became 107.4% more expensive, the cost of 2 bedrooms properties went up by 50.6%, the cost of 3 bedrooms properties went up by 19.4%, prices of 4 bedrooms properties went up by 30.2%, prices of 5 bedrooms properties went up by 45.4%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went down by 20%, number of 3 bedrooms homes decreased by 5.3%, 4 bedrooms homes became 35.3% less available, volume of 5 bedrooms homes went down by 16.7%. While more than 8 listings in Fort Myers Shores, FL in September 2022 were sold above asking price, there were more than 4 listings sold at asking price, and more than 6 were sold below.

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