North Fort Myers March Market Update – Josh Bohling - LPT Realty SW FL

🌴 SW Florida March Market Update North Fort Myers – Josh Bohling - LPT Realty SW FL

March in Southwest Florida marks the heart of our peak season, as perfect weather, bustling activity from "snowbirds," and motivated buyers create a dynamic real estate environment. While national headlines continue to discuss market adjustments, it's important to focus on what's happening locally. Following a period of rapid expansion, the market has found its footing: prices have stabilized, insurance costs have leveled off, and we're seeing more informed buyers navigating a healthier inventory landscape. ☀️🏖️📊

But the local North Fort Myers numbers paint the true picture...

North Fort Myers Single-Family Homes

*   Median Sales Price:$302,500 (Up 8.8% vs. last year!)
*   Closed Sales: 96 (Up 41.2% vs. last year!)
*   Active Inventory: 575 (Down 19.2% vs. last year!)
*   Months Supply of Inventory: 6.0 (Down 42.8% vs. last year!)

Takeaway: The North Fort Myers single-family home market is on fire! Prices are up, sales are up, and inventory is down. This is a fantastic time to be a seller in North Fort Myers.

North Fort Myers Condos & Townhouses

*   Median Sales Price: $202,000 (Up 1.0% vs. last year!)
*   Closed Sales: 18 (Up 100% vs. last year!)
*   Active Inventory: 172 (Down 25.9% vs. last year!)
*   Months Supply of Inventory: 9.6 (Down 62.9% vs. last year!)

Takeaway: The condo market in North Fort Myers is seeing a huge surge in sales, doubling from last year! Inventory is also down significantly. This is a very strong seller's market for condos.

What Does It All Mean?

North Fort Myers is a seller's market, with strong demand and low inventory for both single-family homes and condos. If you're a property owner in North Fort Myers, you're in a great position. Buyers need to be prepared for a competitive market.

Josh Bohling REALTOR® LPT Realty
Cell 239-320-5326
josh@sellmyhouseswfl.com
www.sellmyhouseswfl.com