Home prices are rising in the Fort Myers area. The overall median sales price for single-family homes sold with the help of a Realtor in December increased to $116,950, up 32 percent from $88,000 a year ago, according to the Realtor Association of Greater Fort Myers and the Beach Inc. The median is the price at which half the homes sell for more and half for less. There has been a shift in the types of homes selling in the market and prices for foreclosed homes have been rising.[...] Read More
Home prices spiked up 17 percent in Lee County in September compared to a year earlier, even as the flood of distressed sales ebbed.[...] Read More
Lee County’s tax rate for next year has been set to remain at a 30-year low, but taxpayers likely will see a slight increase next year for library services.[...] Read More
Buyers of vacation and retirement homes continued buying briskly in Lee County as May’s median price for an existing home stayed well above the rock-bottom levels of last year.[...] Read More
Property values are continuing their slide, albeit at a slower rate. An estimate from the Lee County property appraiser released today shows taxable property values have dropped another 5.29 percent in 2010.[...] Read More
The existing-home median price in Lee County surged to a two-year high of $118,900 – up 17 percent from $101,900 in March, according to statistics released Thursday by Florida Realtors.[...] Read More
The median price of an existing home sold in Lee County climbed 11 percent to $101,900 in March from February’s $91,500.[...] Read More
The median price of a single-family Lee County home sold with the help of a Realtor increased 4 percent in February — from $87,900 to $91,500 — from a year earlier, according to statistics released today by Florida Realtors.
Lee County existing home prices edged up in February as foreclosures continued to fall – even as the national market continued its long decline.[...] Read More
Ray Bayer, 59, of Pittsburgh has long planned to retire in Florida, but prices were too high.[...] Read More
Prices for condominiums in Lee County jumped 8.6 percent year over year, according to statistics released Wednesday by Florida Realtors.
But prices and sales for existing single-family homes dropped, falling by 4 percent year over year.
The median price of a condo in Lee was $131,900 in January, up from $121,400 in January 2010. That price climbed from $128,200 in December — an increase of almost 3 percent. (more…)
Lee County’s subdivisions have fewer vacant new homes than they have had since 1993, according to a new study by housing market data company Metrostudy.
That’s likely to lead to increased sales soon as supplies dwindle, say builders and industry analysts.
In the fourth quarter of 2010 there were 553 new homes for sale in the county’s larger subdivisions, the report says.