Lee County Homes Prices Rise with Homes Available Dropping

Home prices rise, inventory lower in Lee County Florida

Homes in Lee County can sell for significantly more than this time last year, according to  data released by Florida Realtors Association

The median sale price to get a single family home over the month of August has been $205, 000. That is greater than a 12 percent increase coming from August 2014, where the particular median sale price has been $182, 500. Single family homes are also staying out there for a much shorter duration than duration last year: 32 days in August 2015 in comparison with 42 days in 2014.

The month’s availability of inventory dropped nearly 25 % since August 2014 to be able to 3. 7 months to get a single family home.

Nearly all single family properties were sold in a very traditional sale (83. 6 percent). Foreclosures are as a result of 14 percent with short sales taking up only two percent associated with sales.

Fort Myers Beach Real Estate saw the best positive change in sealed sales – up 62 percent in August year-over-year. you might Want to think of purchasing Fort Myers Real Estate quickly.
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