Homes for Sale Fort Myers FL + Homes for Sale Naples FL & Sold Report for October 2016

Status: Active

12132 Vicars Lane, Fort Myers, FL

Price: $454,900

2 + DEN Bedrooms

2 Bathrooms [ 2 Full ]

216059499

Status: Active

13215 Silver Thorn Loop #207, North Fort Myers, FL

Price: $158900

2 + Den Bedrooms

2 Bathrooms [ 2 Full ]

216046818

Status: Active

9647 Hemingway Lane #3406, Fort Myers, FL

Price: $152900

2 Bedrooms

2 Bathrooms [ 2 Full ]

216045132

Status: Active

3417 Winkler Ave #602, Fort Myers, FL

Price: $93900

3 Bedrooms

2 Bathrooms [ 2 Full ]

216045215

Status: Active

9330 Vittoria Court, Fort Myers, FL

Price: $949905

4 + Den Bedrooms

5 Bathrooms [ 4 Full, 1 Half ]

216044125

Status: Active

12183 Country Day Circle, Fort Myers, FL

Price: $309,905

3 Bedrooms

3 Bathrooms [ 3 Full ]

216047206

Status: Active

27111 Matheson Ave #204, Bonita Springs, FL

Price: $159,905

3 Bedrooms

2 Bathrooms [ 2 Full ]

216060460

Housing Inventory Grows in September

(Fort Myers, FL – October 18, 2016) – The housing inventory in Lee County continued to expand last month, as the number of active listings rose but closed sales dropped.

The number of Active Listings in Lee County rose both month-to-month and year-overyear. There were more than 4,800 active listings in September, a 16.6% jump from the 4,140 in 2015. There were almost 100 new listings added between August and September of this year.

Condo listings saw an even larger increase, jumping more than 42% year-over-year.

Closed sales of Single Family Homes dropped last month by almost 7%. Condo sales dropped almost 10%. Pending Sales also dropped for both Single Family Homes and Condos.

Despite the drops, Median Sale Price for Single Family Homes is up more than 7% from 2015. In September, the home sold for a median price of $225,164, compared to $210,000 the year before.

City by city, North Fort Myers was the only one that recorded more Single Family Homes sold in September than the same time last year. Sanibel/Captiva had the biggest drop – more than 53% - with 7 sold homes last month, compared to 15 the year before.

 Media Contact: Laura Shay - laura@rpcra.org

 

3Q Prices Hold Steady with Inventory on the Rise Naples, Fla.

(October 20, 2016) – The Naples Area Board of REALTORS® (NABOR®) released its Third Quarter 2016 Market Report, which tracks home listings and sales within Collier County (excluding Marco Island), and it showed overall inventory increased 40 percent with little change in median closed prices. In fact, as reflected in the report, the overall median closed price for homes on the market increased only 4 percent to $312,000 in the 3Q of 2016 from $300,000 in the 3Q of 2015. This was predominately driven by a 9 percent increase in the $300,000 and below price category. Comparatively, all other price categories saw a zero or negative price adjustment.

Upon reviewing the report, NABOR® President and Broker Associate with Berkshire Hathaway Home Services Florida Realty Rick Fioretti said, “a quick analysis of price behavior since December of 2015 shows median closed prices leveled out.” Several broker experts agreed with Fioretti, adding that the pricing trend is a natural reaction to the increase in inventory.

“I think we’re seeing the completion of a cycle that began in 2013,” said Cindy Carroll, SRA, with the real estate appraisal and consultancy firm Carroll & Carroll, Inc. “Prices have remained relatively stable for over a year, and now I’m noticing more competitive value-based pricing as the supply increases.”

Carroll remarked that her business encounters a small herd of listings that are still not moving, and believes ongoing increases in inventory over the next six months will require these sellers to adjust their value perceptions. “The list to sale price ratio is shrinking and this needs to continue if we want to compete with new home construction.”

“If it’s overpriced, then the property sits,” said Dominic Pallini, Broker at Vanderbilt Realty, who went on to say that days on market decreased 12 percent in the $2 million and above price category, but overall, there was a 10 percent increase in days on market. “Pricing is critical now more than ever.”

While both pending and closed sales decreased 14 percent (quarter over quarter), inventory continued to rise in all areas of Collier County during the 3Q of 2016. Overall, inventory rose 40 percent to 5,044 homes in the 3Q of 2016 from 3,606 homes in the 3Q of 2015; with a marked increase in Central Naples, which rose 49 percent to 608 homes in the 3Q of 2016 from 408 homes in the 3Q of 2015.

Inventory increases in the condominium market were also remarkable during the third quarter of 2016. This home type experienced a 53 percent increase in inventory to 2,375 condominiums in the 3Q of 2016 from 1,557 condominiums in the 3Q of 2015.

Contacts: Rick Fioretti, NABOR® President, (239) 597-1666 Marcia Albert, NABOR® Director of Marketing, (239) 597-1666

 

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Brad was more than just an agent he is a friend. I was coming in to purchasing a home not knowing exactly what I wanted. Brad asked me a list of questions and when I arrived in Florida he showed me everything ...

Read more 06/11/2019 - annparizek
Bought a home in 2019 in Estero, FL 33928.

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Brad Dohack is a top notch realtor. We are so pleased to praise his expertise. He knows the market, he knows the trends, he knows his customers, sellers and buyers. His advice was critical in gaining ...

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Showed home in 2019 in Bonita Shores, Bonita Springs, FL 34134.

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Brad helped me with the purchase of a condo in Fort Myers, Florida and he made the experience extremely easy. He provided his contact information and actually answered every call/text/question quickly. ...

Read more 09/27/2018 - user52604107
Bought a Townhouse home in 2018 for approximately $175K in Fort Myers, FL.

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Brad and his team of experienced realtors made my entire selling process extremely easy. Brad was always a phone call away to answer any questions that I had and was always willing to go above and beyond ...

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Bought and sold a Single Family home in 2018 for approximately $750K in Golden Gate, Naples, FL.

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Fantastic experience. We recently purchased our first home, Brad was incredibly patient and extremely comprehensive. Looking forward to working with him again down the road.

Read more 06/04/2018 - MJ060918
Bought a home in 2018 in Gateway, Fort Myers, FL 33913.

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