$8,894 Closing Credit*
$749,000
1,042 SqFt
2 Beds
•2 Full Baths
Trish Kelly, Listing Office: John R. Wood Properties
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 November 2023
Since last year, 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
$657,500
$525/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$42,500(-6.1%)
Key Takeaway
Homes in Fort Myers Beach have sold for 6.1% less than they did a year ago.
Summary: The median home sold price in Fort Myers Beach was $657,500 in November 2024, down 6.1% from last year, and the median price per square foot was $525.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $387.5K | $427.5K | +10.3% |
| 2 Bedrooms | $565K | $533K | -5.7% |
| 3 Bedrooms | $900K | $922.5K | +2.5% |
| 4 Bedrooms | $950K | $1.2M | +28.3% |
| 5+ Bedrooms | $1.8M | $1.4M | -22.2% |
Summary: Fort Myers Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes decreased by 22.2%.
Median Sold Price Compared To Nearby Cities
| Estero Island | $710.1K | $688.1K | -3.1% |
| Fort Myers Beach | $700K | $657.5K | -6.1% |
Housing Supply in Fort Myers Beach, FL
How many homes are available in Fort Myers Beach, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 336 | 407 | +21.1% |
Summary: The Fort Myers Beach real estate market had 407 homes for sale in November 2024, a 21.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 33 | 39 | +18.2% |
| 2 Bedrooms | 143 | 169 | +18.2% |
| 3 Bedrooms | 102 | 128 | +25.5% |
| 4 Bedrooms | 40 | 49 | +22.5% |
| 5+ Bedrooms | 18 | 22 | +22.2% |
Summary: The Fort Myers Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 18 | +157.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
1 Home Was 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. 94.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Fort Myers Beach in November 2024, up by 157.1% month-over-month. Of the 18 sold homes, 94% were sold under asking, 6% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 63 Days | +14.7% |
Summary: Homes in Fort Myers Beach had an average of 63 days on market in Nov 2024, up by 14.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 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 November 2024, 18 homes were sold in Fort Myers Beach; 39% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.