$3,087 Closing Credit*
$259,995
964 SqFt
2 Beds
•2 Full Baths
Penelope Hill, Listing Office: West Coast Realty Inc
Is Fort Myers Shores, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Fort Myers Shores was a Seller's Market.
Key Takeaway
Fort Myers Shores is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fort Myers Shores, FL
How much do homes in Fort Myers Shores, FL cost?
Median Sold Price
$425,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,625(+10.3%)
Key Takeaway
Homes in Fort Myers Shores have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Fort Myers Shores was $425,000 in November 2024, up 10.3% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $252.2K | $340K | +34.8% |
| 2 Bedrooms | $344.7K | $307.5K | -10.8% |
| 3 Bedrooms | $425K | $417.5K | -1.8% |
| 4 Bedrooms | $548.7K | $760K | +38.5% |
| 5+ Bedrooms | $727.5K | $1.0M | +46.4% |
Summary: Fort Myers Shores housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.8%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes increased by 46.4%.
Median Sold Price Compared To Nearby Cities
| Southwest Glades | $315K | $365K | +15.9% |
| Fort Myers Shores | $385.3K | $425K | +10.3% |
| Alva | $441.5K | $448.7K | +1.6% |
| North Fort Myers | $324.9K | $330.3K | +1.6% |
| Lehigh Acres | $363.1K | $365K | 0.5% |
Housing Supply in Fort Myers Shores, FL
How many homes are available in Fort Myers Shores, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 202 | 233 | +15.3% |
Summary: The Fort Myers Shores real estate market had 233 homes for sale in November 2024, a 15.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 37 | 45 | +21.6% |
| 3 Bedrooms | 130 | 144 | +10.8% |
| 4 Bedrooms | 28 | 36 | +28.6% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Fort Myers Shores housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 10 | -44.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Myers Shores, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Fort Myers Shores in November 2024, down by 44.4% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Fort Myers Shores, FL
How long does it take to sell a home in Fort Myers Shores, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 57 Days | +85.0% |
Summary: Homes in Fort Myers Shores had an average of 57 days on market in Nov 2024, up by 85% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fort Myers Shores are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Fort Myers Shores; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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