A closer Hyper-Local look at Fort Myers Real Estate Market

Everyone’s favorite question is “How is the Market?” – and the answer I provide is it depends where you are looking to buy or having to sell. In Lee County Florida, specifically Fort Myers and Fort Myers Beach, we are going to take a look at Single Family home sales for 2016 versus active inventory and pending sales. The 3 zip codes we are going to examine are 33919 (McGregor near the river south of Colonial Blvd., 33908 (considered true South Fort Myers) and 33931 (Fort Myers Beach). All three of these areas are very desirable and offer excellent amenities to both vacationers as well as full time residents. With a great hospital system, close proximity to the beach and several great gated communities buyers and sellers alike love everything the area has to offer.

The first chart is 33908, and if you look at the top July 2016 was a buyers market. There were 216 single family homes for sale, 30 sold and 29 were pending. In March 2016 there were 260 with 25 sold and only 47 pending sales, so where did the inventory go? Well, this was the highest zip code we examined for expired listings meaning that the sale contract expired and the home is no longer on the market. However, this zip code has the most inventory available of the 3 zip codes we looked at.

Good news for those selling in 33919 because July was a sellers market for this particular zip code. As you can see from the graph immediately below, there were 109 single family homes for sale and 34 were sold and 38 went pending. This has been a very strong area for sellers so far and will continue throughout the remainder of 2016. In this market you will find that the sold price to list price is averaging 94% for 2016. Sellers are getting closer to their ask price than the other three zip codes represented in this update.

Lastly we have Fort Myers Beach, which there were 89 single family homes for sale and 10 were sold and 10 went pending. July was a buyers market on Fort Myers Beach and as you examine the below graph, actives, sold and pending were down compared to June.

Make sure you use a REALTOR that is aware of what the market is doing and that is hyper-local about the activity. Being able to examine what is going on will ensure you get the best price for your home if you are selling or the best price if you are buying. Do not leave any money on the table in this strong real estate market.

Cape Coral Real Estate Trends

As the median home prices continue to climb in Cape Coral Florida, we continue to see less than 4 months of inventory available for single family homes.

June 2016 Average Sold Price per Square Footage is Neutral Based on 6 month trend – Appreciating/Depreciating/Neutral

Average Sold Price per Square Footage in June 2016: $147
• Up 8.9% compared to the last month
• Up 16.7% compared to the last year

Jakus Realty Team gets homes SOLD

Assisting clients to market and sell their home sold for the most money in their particular time frame is always our number one objective. Below is a list of properties Listed and Sold by Jason Jakus, the Jakus Realty Team of NextHome Advisors in 2015. We specialize in marketing and selling homes that failed to sell the first time on the market.

Please contact us for a list of our Most Recent Sales. We are also happy to provide you with a list of references to call anytime.

Captiva Island welcome sign in South Florida
Welcome to Gorgeous Captiva Island

 

1013 TROPIC TER NORTH FORT MYERS
1813 FRENCH ST FORT MYERS
1402 GARDENIA AVE FORT MYERS
3038 ROYAL PALM AVE FORT MYERS
1015 ROSE AVE FORT MYERS
5514 VIRGINA DARE LN NORTH FORT MYERS
1409 FLORAL DR FORT MYERS
4641 PALM TREE BLVD #1 CAPE CORAL
3425 FRANKLIN ST FORT MYERS
1495 MAPLE DR FORT MYERS
5526 BEN FRANKLIN LN NORTH FORT MYERS
2253 9TH CT LEHIGH ACRES
8687 RIVER HOMES LN #4101 BONITA SPRINGS
1873 JEFFERSON AVE FORT MYERS
3490 N KEY DR #316 NORTH FORT MYERS
12001 ROCK BROOK RUN FORT MYERS
13288 WHITE MARSH LN FORT MYERS
1118 NW 10TH ST CAPE CORAL
1115 SE 29TH ST CAPE CORAL
8160 PELICAN RD FORT MYERS
14831 PARK LAKE DR #310 FORT MYERS
28121 PINE HAVEN WAY #111 BONITA SPRINGS
11026 SMOKEY DR BONITA SPRINGS
2719 NW 9TH AVE CAPE CORAL
13100 BELLA CASA CIR #124 FORT MYERS
15645 OCEAN WALK CIR #116 FORT MYERS
2350 W 1ST ST #406 FORT MYERS
1819 SE 20TH LN CAPE CORAL
2505 NW 24TH ST CAPE CORAL
1203 NW 20TH TER CAPE CORAL
321 SANTA BARBARA BLVD CAPE CORAL
5561 PANGOLA RD FORT MYERS
2019 HANCOCK BRIDGE PKY CAPE CORAL
1606 SW 19TH TER CAPE CORAL

Stoneybrook Golf Course Estero Florida

Stoneybrook Golf Course is a challenging par 72 course designed by the widely renowned architects Jed Azinger and Gordy Lewis. With seven sets of tees, Stoneybrook offers a golf course for everyone and is one of only 200 courses nationwide to be certified “Beginner Friendly” by the National Golf Course Owners Association. Stoneybrook Golf Club, from the Champions Tees, is one of the longest golf courses in Southwest Florida. Wide and generous fairways wind through immense preserve areas and crystal clear lakes leading to large undulating greens protected by imposing bunkers and rolling mounds.

My most recent time playing Stoneybrook Golf Course, the staff was very friendly as were every single golfer we encountered. The course was in very good condition and I found the back nine a little more challenging as some of the holes have a little more narrow fairways.

For Real Estate in Stoneybrook Golf, the median home price is currently $ 312,000 and an average days on market of 49 days. Homes in Stoneybrook includes condos, villas and single family homes. If you are looking for a great home with lush landscaping and a great golf course, Stoneybrook Golf Course is your place.