Sales of existing single-family homes in Lee County remain steady even as median prices continue to climb.
The median price for area homes reached $96,900 in May compared with $88,500 in May 2009 — a 9 percent jump, according to statistics released Tuesday by the Florida Association of Realtors.
Home sales rose 3 percent from 1,417 homes [...]

The median price of an existing home sold in Lee County spiked past $100,000 in April — the first time in more than a year it reached that level.
In a report issued Monday, the Florida Association of Realtors said the median price of a single-family home sold with the help of Realtor was $101,500 in [...]

Taxable property values for Lee County dropped 15.3 percent to about $55 billion, property appraiser Ken Wilkinson reported this morning.
Property values also fell in the county’s municipalities as well.
Cape Coral’s values dropped 16.3 percent.
Fort Myers dropped 17.8 percent.
Sanibel dropped 7.4 percent.
Fort Myers Beach dropped 12.7 percent.
Bonita Springs dropped 15.5 percent.
Lehigh Acres is down 21.8 percent.
The [...]

Foreclosures in Lee County hit a three-year low in May — but more than half were homesteaded residences.
There were 847 foreclosure lawsuits filed in the county in May, compared with 1,008 in April and 1,823 in May 2009, according to statistics released Monday by the Southwest Florida Real Estate Investors Association.
For the most part, the [...]

Contractors in unincorporated Lee County pulled 41 permits to build single-family homes in May — up from the 30 issued in April but down from the 50 in May 2009, according to statistics released today by the county Department of Community Development.
The permits in May were collectively valued at $5.7 million.
Also in May, permits were [...]

In April, home resales remained strong in Lee County.
Last month, 1,457 single-family homes were sold by members of the Realtor Association of Greater Fort Myers and the Beach Inc. That was up 2.9 percent from April of last year, but down slightly from March, when there were 1,474 sales recorded.
The median home price ticked up [...]

Foreclosures filed in Lee County in April fell to the lowest number in almost three years as home prices started to stabilize and sales caught fire.
There were 1,008 foreclosure lawsuits filed in Lee circuit court, the lowest since June 2007 when there were 968, according to statistics released Monday by the Southwest Florida Real Estate [...]

Oasis, a high-rise condominium in downtown Fort Myers, has fallen into foreclosure.
On Tuesday, Bank of America filed a multimillion-dollar foreclosure action against the developer and its subsidiaries in Lee Circuit Court.
The developer is The Related Group in Miami.
Oasis has drawn national attention because of media reports about a couple who are the sole residents in [...]

Home resales grew again in March in Lee County.
There were 1,603 home sales in Fort Myers-Cape Coral, up from 1,464 in the same month a year ago, according to a report by Florida Realtors. The median price was up 7 percent at $95,100.
The median is the price at which half the homes sell for more [...]

The number of existing single-family homes sold in Lee County in March increased 9 percent from a year earlier to 1,603 while the median price was up 7 percent to $95,100, according to statistics released today by the Florida Association of Realtors.
Sales and prices were also up from February, when 1,261 homes were sold with [...]