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 April 2023
At the same time last year, Fort Myers Beach was a Seller'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
$725,000
$564/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fort Myers Beach have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Fort Myers Beach was $725,000 in April 2024, up 3.6% from last year, and the median price per square foot was $564.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $395K | $419.5K | +6.2% |
| 2 Bedrooms | $625K | $549.5K | -12.1% |
| 3 Bedrooms | $911K | $925K | +1.5% |
| 4 Bedrooms | $880K | $1.3M | +52.9% |
| 5+ Bedrooms | $2.0M | $1.6M | -17.5% |
Summary: Fort Myers Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 52.9%, and 5+ bedroom homes decreased by 17.5%.
Median Sold Price Compared To Nearby Cities
| Estero Island | $701.6K | $747K | +6.5% |
| Fort Myers Beach | $700K | $725K | +3.6% |
Housing Supply in Fort Myers Beach, FL
How many homes are available in Fort Myers Beach, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 379 | 396 | +4.5% |
Summary: The Fort Myers Beach real estate market had 396 homes for sale in April 2024, a 4.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 26 | 29 | +11.5% |
| 2 Bedrooms | 166 | 179 | +7.8% |
| 3 Bedrooms | 130 | 121 | -6.9% |
| 4 Bedrooms | 34 | 39 | +14.7% |
| 5+ Bedrooms | 23 | 28 | +21.7% |
Summary: The Fort Myers Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.5%, 2 bedroom homes increased by 7.8%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 21.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 30 | 0.0% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 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. 90% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Fort Myers Beach in April 2024, the same as the previous month. Of the 30 sold homes, 90% were sold under asking, 3% were sold at asking, and 7% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 36 Days | 86 Days | +135.8% |
Summary: Homes in Fort Myers Beach had an average of 86 days on market in Apr 2024, up by 135.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fort Myers Beach are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 30 homes were sold in Fort Myers Beach; 37% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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