Monthly Market Report - March 2021

Page 12

FORT MYERS MARKET REPORT - MARCH 2021 Data Represented on 12-Month Rolling Basis.

Listed

2015

2016

2017

2018

2019

2020

2021

10,563

10,707

11,040

11,030

11,218

9,791

7,283

5,718

5,687

5,342

5,322

5,576

6,204

6,960

$233,013

$253,993

$263,456

$267,110

$274,003

$281,580

$329,439

Sold Avg. Sale $

$

SOLD NEW LISTINGS

AVERAGE SALES PRICE

CLOSED SALES

7,283 25.62%

6,960 12.19%

CURRENT INVENTORY

$329,439 17.00%

453 79.65%

12 MONTH NEW LISTING AND CLOSED SALES

0.78 81.86%

12 MONTH AVERAGE SALES PRICE

12,000

$325,000

10,000

$300,000

8,000

MONTHS OF SUPPLY

$275,000

6,000

$250,000

4,000 $225,000

2,000 0

2015

2016

2017

New Listings

2018

2019 2020 2021

$200,000

2015

Closed Sales

2016

2017

2018

2019 2020 2021

Average Sales Price

SUMMARY With 6,960 properties sold, sales were up 12.19% from the preceding 12-month period when 6,204 properties were sold. New listings were down 25.62%, from 9,791 to 7,283. The average sales price was up 17%, from $281,580 to $329,439. As of March 31, 2021, inventory stood at 453 units while months of supply was .78 months.

John R. Wood Properties, Bring Your Highest Expectations.

10

The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Copyright 2021, and the proprietary compilation of that data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data. Statistics exclude North Fort Myers and East Fort Myers areas.


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