Ft. Myers, FL – Broad Price Gains as Traffic Remains Above Expectations
Source: Credit Suisse; Census Bureau (1,806 single-family permits in 2012, 65th largest market in the country)
Our Take:
• Ft. Myers appears to be one of the healthier markets among those we survey, as buyer traffic remained at solid levels ahead of expectations and strong price gains continued. Our traffic index edged up to 61 vs. 60 in August, as agents said buyers are getting a head start on the fall/winter season.
• Home prices continued to experience broad-based increases, as our index came in at 83 in September vs. 94 in August.
• Inventory levels continue to trend lower and the length of time needed to sell is also declining, both of which are positive indicators for future pricing.
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Download our Android App to search properties
Ph# for Juergen Hahn: 1-239-634-6677
Office: 1-239-298-9264
Fax: 1-800-976-6499
1136 N.E. Pine Island Rd. Ste.#14
Cape Coral, FL 33909
Internet Email Confidentiality
Privileged/Confidential information may be contained in this message. If you are not the addressee indicated in this message (or responsible for delivery of the message to such person), you may not copy or deliver this message to anyone. In such case, you should destroy this message and kindly notify the sender by reply email. Please advise immediately if you or your employer do not consent to Internet email for messages of this kind. Thank You
