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Activity just before the Holidays is surprisingly robust with lots of people pulling the triggers on making a move to Southwest Florida that they have been thinking about for months or years!

The Ft. Myers Beach Market is finally experiencing somewhat stronger sales year over year with 320 properties sold so far in 2010 up from 307 in the entire year 2009.  the average sales price in all categories has declined but that appears due to the fact that the lower priced properties in each category have taken the lions share of sales. 

The Multiple Listing Service average for listing price to selling price ratio is just above 92.5% of asking price for solds.  My success rate so far is right at 95% of asking price.  This rate is important for sellers especially in this challenging market where every dollar for a seller is harder to come by.

Buyers find good news in that island properties they covet are now much more affordable. Residential properties have closed on average at $345,165 this year thus far as opposed to $392,912 for 2009.

Please contact me with any questions you have about real estate as these raw numbers are interesting there is much more than meets the eye in interpreting and analyzing them. 

The best values in the market are your phone call away! 239-765-5478(LIST)

Happy Holidays!

-Jerry