| Lee County Lull-A-Bye |
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| Written by Greg Snow |
| Wednesday, 12 May 2010 14:16 |
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As we head toward what may be a dozzie of Hurricane season (June1-Nov.30), one can hope, pray, and beg for our southwest Florida housing market to continue to buld in strength. Our local Multiple Listing Service has figures that show prices stabilizing, even moving up in some areas, and some movement in the upper end price range. Okay campers, rise and shine :). April home sales here in Lee County were up almost 3% from last year according to the Realtor Association of Greater Fort Myers and the Beaches. Our median price moved up to $96,000 from $80,000 in April 2009. Our pending sales, those that are under contract but have not closed yet increased to 2193 in April, up over 6% from March. Another very interesting statistic is closed sales for homes under $100k dropped about 10%. Homes in the next tiered ranges actually increased about 5%. Reviewing these numbers usggest our local real estate market is moving forward from the really unhealthy recession we went through in southwest Florida.
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