BlueWater Realty of Pine Island, Inc
Donna Gilles, BlueWater Realty of Pine Island, IncPhone: (239) 425-5426
Email: [email protected]

2017 FIRST QUARTER MARKET REPORT

by Donna Gilles 04/25/2017

March Home Sales Strong in Lee County FOR IMMEDIATE RELEASE(Fort Myers, FL – April 21, 2017) – March was a good month for home sales in Lee County. The number of Closed Sales and Pending Sales, as well as the Median Sale Price, were all up last month. Closed Sales for Single Family Homes jumped 18% last month, compared to March of 2016. Condos jumped even higher – with a 29% increase year-over-year. There was also an increase of almost 9% in the number of Pending Sales for Single Family Homes, and more than a 12% increase for Condos.Median Sale Prices continue to rise. 

The median price for a Single Family Home was $255,000 in March, compared to $225,000 in 2016. Condos sold for a median price of $193,650, compared to $172,500 last year. Homes are taking slightly longer to go under contract than they did a year ago with a median time of 67 days – up 15.5% from 58 days last year. We also have more homes going on the market with a jump of 5% for Single Family Homes and almost 18% for Condos. Broken down city by city, Fort Myers Beach had the biggest change year-over-year in Closed Sales. In 2016, 8 homes sold with a median price of $504,610. Last month, there were 19 closed sales on Single Family Homes with a Median Price of $825,000.


About the Author
Author

Donna Gilles

Phil Gilles

Direct: 239-425-5423 | Email: [email protected] 

Donna Gilles

Direct: 239-425-5426 | Email: [email protected] 

Donna and Phil Gilles are two of the most respected Pine Island Florida Real Estate Agents. Their dependability, honesty and integrity are truly a "cut above” in the real estate profession. 

Donna and Phil started BlueWater Realty of Pine Island on September 11, 2002, realizing Pine Island was in need of a real estate family that was a step above the mass marketers that dominate the real estate profession. Donna and Phil’s in depth real estate training include: investment management, brokerage, marketing high-end homes, real estate law, ethics and practice.

If your immediate future requires counseling in the purchase or sale of real estate, please contact Donna or Phil. They are professionals who will work hard for you to help achieve your real estate goals